Appreciate Launches Operations in West Palm Beach Market
14 Febrero 2023 - 6:00AM
Appreciate Holdings, Inc. (“Appreciate” or the “Company”)
(
NASDAQ: SFR), the parent holding company of
Renters Warehouse (“Renters Warehouse”), a leading end-to-end
Single-Family Rental (“SFR”) marketplace and management platform,
today announced the Company’s expansion into the West Palm Beach,
Florida market.
Appreciate’s entry into the West Palm Beach market signals the
continued growth of the Company’s management segment. Through a
partnership with a new institutional client, Appreciate has assumed
the management of more than 120 additional homes, further expanding
the Company’s footprint in the state of Florida.
As Florida continues to see tremendous inbound migration,
Appreciate has strengthened its presence in the state and now
manages single-family rental homes across six markets. This
strategic expansion allows Appreciate to provide its clients
further access to attractive markets with steady demand for
single-family rentals.
“One of our primary goals at Appreciate is to offer a
comprehensive solution for those seeking to invest in and manage
SFR,” said Appreciate President, Kevin Ortner. “Through our latest
strategic expansion, we have added another geographic market where
we can provide our clients with an end-to-end solution for
high-yield returns.”
About AppreciateAppreciate, the parent holding
company of Renters Warehouse, is a leading end-to-end SFR
marketplace and management platform. The company offers a
full-service platform for investing in and managing SFR properties,
including a proprietary online marketplace and full-service
brokerage teams in over 40 markets. For more information, visit
appreciate.rent.
Forward-Looking StatementsThis press release
contains “forward-looking statements” within the meaning of Section
27A of the Securities Act and Section 21E of the Exchange Act. Our
forward-looking statements include, but are not limited to,
statements regarding our or our management team’s expectations,
hopes, beliefs, intentions or strategies regarding the future. In
addition, any statements that refer to projections, forecasts or
other characterizations of future events or circumstances,
including any underlying assumptions, are forward-looking
statements. The words “anticipate,” “believe,” “continue,” “could,”
“estimate,” “expect,” “intends,” “may,” “might,” “plan,”
“possible,” “become,” “potential,” “predict,” “project,” “should,”
“would,” “opportunity,” “mission,” “goal,” “positioned” and similar
expressions may identify forward-looking statements, but the
absence of these words does not mean that a statement is not
forward-looking.
The forward-looking statements contained in this press release
are based on our current expectations and beliefs concerning future
developments and their potential effects on us taking into account
information currently available to us. There can be no assurance
that future developments affecting us will be those that we have
anticipated. These forward-looking statements involve a number of
risks, uncertainties (some of which are beyond our control) or
other assumptions that may cause actual results or performance to
be materially different from those expressed or implied by these
forward-looking statements. These risks include, but are not
limited to:
- trends in the real estate industry,
the real estate financing industry, movements in interest rates and
Appreciate’s market size, including with respect to the potential
total addressable market in the industry;
- Appreciate’s growth prospects; new
product and service offerings Appreciate may introduce in the
future;
- debt defaults and substantial
service provider obligations and the need for or failure to obtain
additional capital;
- the price of Appreciate’s
securities, including volatility resulting from changes in the
highly competitive industry in which Appreciate operates and plans
to operate, variations in performance across competitors, changes
in laws and regulations affecting Appreciate’s business and changes
in Appreciate’s capital structure;
- the ability to implement business
plans, forecasts, and other expectations as well as identify and
realize additional opportunities;
- and other risks and uncertainties
indicated from time to time in filings made with the SEC.
These risks are not exhaustive. New risk factors emerge from
time to time and it is not possible for our management to predict
all risk factors, nor can we assess the impact of all factors on
our business or the extent to which any factor, or combination of
factors, may cause actual results to differ materially from those
contained in any forward-looking statements. Should one or more of
these risks or uncertainties materialize, they could cause our
actual results to differ materially from the forward-looking
statements.
A forward-looking statement is neither a prediction nor a
guarantee of future events or circumstances, and those future
events or circumstances may not occur. We are under no obligation,
and we expressly disclaim any obligation, to update or alter any
forward-looking statements, whether as a result of new information,
future events or otherwise.
Investor Relations Contact:Gateway Investor
Relations Cody Slach, Ralf Esper(949) 574-3860SFR@gatewayir.com
Media Relations Contact:Gateway PRZach Kadletz,
Anna Rutter(949) 574-3860SFR@gatewayir.com
Appreciate (NASDAQ:SFR)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Appreciate (NASDAQ:SFR)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024