MIRAMAR, Fla.–(BUSINESS WIRE)–reAlpha, an AI-powered real estate technology and investment company with a goal to empower everyone with the ability to invest in the $1.2 trillion global short-term rental (“STR”) market, is pleased to announce the launch of its in-house brokerage, reAlpha Realty, LLC, a subsidiary of reAlpha Asset Management, Inc. (DBA reAlpha Homes). Operating out of a new office in Miramar, Florida, reAlpha Realty is led by Designated Broker Jorge Aldecoa, who serves as President of reAlpha Homes.
The formation of reAlpha Realty serves to accelerate reAlpha’s growth by significantly expanding its acquisitions pipeline through partnership and referral programs with outside brokerages as well as home builders and developers. In addition to helping source STR investments, reAlpha Realty will represent and advise reAlpha on purchase and disposition decisions, driving greater efficiencies and cost-savings.
Launching our brokerage represents a pivotal step in our journey toward making ownership in STRs accessible to everyone,”
said Giri Devanur, CEO of reAlpha.
By owning more control over the entirety of the investment process, we are able to ramp up deal flow more efficiently and realize greater cost savings. As a top professional in the STR acquisitions space and an experienced broker, Jorge is uniquely positioned to lead this important initiative as we seek to build a national portfolio of STR homes.”
reAlpha plans to materially increase its investment activity in 2023 with a focus on experiential and rent-ready vacation homes, and expects reAlpha Realty to play an important role in the process. Scaling its portfolio aligns with reAlpha’s long-term plan to democratize the STR economy by leveraging its proprietary technology to enable individual investors to purchase minority interests in its properties. In doing so, reAlpha is helping to eliminate the significant barriers to entry for individuals to participate in the potential upside of owning STR homes.
reAlpha Realty will work toward establishing an even stronger acquisitions pipeline through a highly productive, mutually beneficial broker network. With enhanced sourcing and underwriting capabilities, we are able to bring additional expertise to each and every investment opportunity while simultaneously reducing costs. We’re excited to further build our portfolio of high-quality STR homes and we look forward to syndicating interests in these properties to everyday investors.“
reAlpha Asset Management Inc. Secures $100 Million Capital Commitment for Post IPO Funding from GEM Global Yield LLC SCS
December 2022 Proceeds will be used to advance growth of reAlpha’s portfolio of short-term rental properties DUBLIN, Ohio–(BUSINESS WIRE)–reAlpha, an AI-powered real estate technology and investment company with a goal to empower everyone with the ability to invest in the $1.2 trillion global short-term rental (STR) market, today announced that it has signed an agreement… Continue reading reAlpha Asset Management Inc. Secures $100 Million Capital Commitment for Post IPO Funding from GEM Global Yield LLC SCS
reAlpha Asset Management Inc. and SAIML Pte. Limited Agree to Form $200 Million Joint Venture to Acquire Short-term Rental Properties
December 2022 We just entered into a $200 Million Joint Venture with SAIML Pte. Limited, a Singapore-based asset management firm, to invest $40.8 million of equity into short-term rental properties. With leverage, the joint venture expects to invest up to $200 million in vacation rental hot spots in states like California, Arizona, Florida and Tennessee. $200 Million must be our… Continue reading reAlpha Asset Management Inc. and SAIML Pte. Limited Agree to Form $200 Million Joint Venture to Acquire Short-term Rental Properties
<strong>reAlpha Partners with RARE Treehouse Resorts to Bring First-of-Its-Kind Treehouse Resort Experience to the United States</strong>
October 2022 DUBLIN, Ohio–(BUSINESS WIRE)–reAlpha, an AI-powered real estate technology and investment company with a goal to empower everyone to invest in the $1.2 trillion global short-term rental (“STR”) market, is pleased to announce their partnership with RARE Treehouse Resorts, a Vancouver-based company specializing in unique and eco-friendly suspended treehouses, to jointly develop a first-of-its-kind… Continue reading reAlpha Partners with RARE Treehouse Resorts to Bring First-of-Its-Kind Treehouse Resort Experience to the United States
October 2022 reAlpha is proud to announce our continued expansion with the opening of our office in Miramar, Florida, located between Miami and Ft. Lauderdale, which follows the successful openings of international offices in India, Nepal, and Brazil. Florida continues to lead the nation in dozens of travel and leisure-related market sectors and will be… Continue reading We’re Expanding…Again!
reAlpha Shareholder Update – Q2 2022
We hope you are well and enjoying the summer season as it comes to a close. The short-term rental industry is hotter than ever, with Airbnb recently posting record financial results.1 We continue to have strong belief in short-term rental real estate as a sound investment given the evolving trends in travel and the fundamental… Continue reading reAlpha Shareholder Update – Q2 2022
Welcome to reAlpha
We’re so excited to officially welcome you to the reAlpha Homes community as a shareholder on the ground floor of our startup. 🚀 We’re on a mission to democratize investment in short-term rental properties—and we can’t do it without the support of shareholders like you. So, what’s next? 🤔 Keep up with reAlpha via our… Continue reading Welcome to reAlpha
Metaverse: The New Frontier?
Will October 28, 2021 be marked as a day of transformation for the technology industry? For on this day, Facebook Inc., which is currently valued at around $1 trillion, renamed itself Meta Platforms Inc. Like John F. Kennedy announcing the goal of landing a man on the moon, some wonder if this is the start… Continue reading Metaverse: The New Frontier?