AvantStay Creates a $500 Million Fund for Investing in Short-Term Rentals
AvantStay, a short-term rental property operator, has closed a $500 million funding round led by investor Saluda Grade.
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AvantStay, a short-term rental property operator, has closed a $500 million funding round led by investor Saluda Grade.
/PRNewswire/ -- AvantStay, the premier hospitality platform that is redefining the way in which people travel, transact and invest in the STR (Short-Term...
/PRNewswire/ -- AvantStay, the premier hospitality platform that is redefining the way in which people travel, transact and invest in the STR (Short-Term...
Saluda Grade Taps Securitization Market Again with FIGURE HELOC Deal Share Article NEW YORK and SAN FRANCISCO (PRWEB) March 09, 2021 Saluda Grade Asset Management (“SGAM”)¹, a private alternative real estate investment firm, announced the successful closing of a $150 million unrated securitization backed by home equity lines of credit originated and serviced by Figure Lending LLC (“Figure”). The transaction, GRADE 2021-FIG2, closed on February 26th and is the fifth securitization issued and sponsored by an SGAM-managed ...
Saluda Grade Delivers Spring EQ to Securitization Market Share Article NEW YORK and SAN FRANCISCO (PRWEB) December 18, 2020 Saluda Grade Asset Management (“SGAM”), a private alternative real estate investment firm, today announced the successful closing of its 3rd securitization since July 2020. The transaction, GRADE 2020-SEQ1, closed on December 8th and is backed by qualified mortgage closed-end second liens originated by Spring EQ, a Philadelphia-based private lender. The issuance marks the first securitization backed e...