reAlpha Acquires Multiple Ready-to-Rent Homes in the Greater Orlando Area, Investing in Short-Term Rental Communities
reAlpha Property in Greater Orlando
reAlpha Property in Greater Orlando
DUBLIN, Ohio, March 03, 2022 (GLOBE NEWSWIRE) — via InvestorWire — dAlpha, a leading technology company whose goal is to empower everyone to invest in the $1.2 trillion short-term rental market, is proud to announce the acquisition of several single-family homes in Kissimmee, in Florida, in short term rental zoned communities. The purchase of these homes expands reAlpha’s portfolio and the investment opportunities available to future reAlpha syndicate members, further illustrating the company’s rapid growth.
The company plans to make homes purchased from Kissimmee reAlpha rental properties.
“We seek to set the standard for what investors and future members of reAlpha can expect in terms of the quality of our homes,” said Mike Logozzo, CFO/COO of ReAlpha. “We are moving towards more ready-to-let homes in order to scale faster and meet the demand for these types of investment opportunities. We were able to buy these houses with the capital of our Regulation A+ Funding Cycle, and we plan to continue to use these funds to grow the portfolio. These first featured properties are just the tip of the iceberg.
Homes built in short-term rental communities offer unique opportunities for investors and community members. Since there are no full-time residents, investors can enjoy the tax advantages and amenities one would expect from a resort location, such as hotel-style workout facilities, swimming pools and bars.
“We are excited to test some properties in these zoned communities. We are seeing more and more that short-term renters want a consistent experience. They don’t want to compromise the benefits and comforts of traditional hospitality, and these communities offer the best of both worlds,” said Christie Currie, CMO at reAlpha.
reAlpha’s investment should also benefit the entire Kissimmee community. We plan to partner with the local Orlando community to offer guests special benefits such as yoga classes, discounts at local restaurants, artist performances and more to create a truly remarkable experience for customers, while reinjecting money into the local economy.
Interested investors can learn more about potential investment opportunities at invest.reAlpha.comand tenants will soon be able to rent them on Airbnb.
reAlpha is building a digital real estate investment platform that enables its members to simplify opportunities to create wealth through vacation home investments while striving to deliver exceptional guest experiences. reAlpha researches and evaluates wholesale market properties using a proprietary AI-powered algorithm called reAlphaBRAIN. It then predicts each property’s viability for the short-term rental market, as well as the long-term projected value. reAlpha’s business plan ultimately envisions allowing investors to buy equity in specific properties, providing opportunities for short-term passive income generation through Airbnb, as well as equity-focused capital appreciation. reAlpha is based in Dublin, Ohio.
This communication contains forward-looking statements based on our beliefs and assumptions and on information currently available to us. In some cases, you can identify forward-looking statements by the following words: “will”, “expect”, “would”, “intend”, “believe” or other comparable terminology. Forward-looking statements contained in this document include, but are not limited to, statements about our future financial performance, our business plan, our market opportunities, and our beliefs and objectives for future operations. These statements involve risks, uncertainties, assumptions and other factors that may cause actual results or performance to differ materially. Further information about the factors, risks and uncertainties that could cause or contribute to such differences is included in our filings with the Securities and Exchange Commission, including in the “Risk Factors” and “Discussion and management analysis” of our offering statement on the form. 1-A. We cannot assure you that any forward-looking statements will prove to be accurate. These forward-looking statements speak only as of the date hereof. We disclaim any obligation to update these forward-looking statements.
reAlpha Tech Corp
6640 Riverside Drive, Suite 200
Dublin, Ohio 43017