Rezi, a New York-based real estate technology company offering “Occupancy-as-a-Service” for rental property owners, raised $100M in Debt funding.
Stratos Credit provided the financing.
The company intends to use the funds to expand the offerings to more property owners in existing and new markets.
Founded in 2016 by Sean Mitchell, CEO, Rezi leverages leasing and financial technology to improve and optimize renters’ leasing experience and improve property owners’ leasing performance. The company uses technology including machine learning algorithms to accurately predict rent prices, vacancy timelines, and credit losses. The company then uses those insights to guarantee leasing performance for property owners who work with the platform.
NYC-based Rezi has expanded into several new markets across the country, including Los Angeles, San Francisco, and most recently, Austin, after securing a deal with Rastegar Property Company to lease-up over 200 vacancies across nine of the firm’s developments.
FinSMEs
16/11/2022
