Cocoonr receives institutional backing in France
France: Rennes-based property management agency Cocoonr and spin-off rental management service Book&Pay, part of the SAS HOSTING DVPT group, have received institutional backing.
Domestic deals price value of brands in self-catering
Worldwide: Domestic deals in the self-catering accommodation sector are pricing the value of hospitality brands, according to Beach Retreats.
AvantStay closes $500m PropCo funding round
US: California-based operator AvantStay has closed a $500 million PropCo funding round led by real estate advisory and asset management firm, Saluda Grade.
ReAlpha set to pay $1.5bn to buy 5k rental homes
US: Ohio-based real estate investing firm ReAlpha is planning to spend up to $1.5 billion, including debt, to acquire a portfolio of short-term rental homes at an unprecedented scale. Speaking to Bloomberg, CEO Giri Devanur said that the money would be enough to purchase around 5000 short-term rental homes. The company will initially focus on […]