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AvantStay Secures $500 Million PropCo Fund in Partnership with Saluda Grade, an Alternative Asset Management Firm

AvantStay, the premier hospitality platform redefining the way in which people travel, transact and invest in the STR (Short-Term Rental) industry announced the closing of a $500 million PropCo funding round led by Saluda Grade, a real estate advisory and asset management firm. This raise signifies one of the first short-term rental funds ever created, leading to the institutionalization of a new real estate asset class within the short-term rental industry.

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