Firm News
Dec 17, 2021
Seyfarth Represents Arrived Homes on $100 Million Credit Financing Program
Seyfarth represented Arrived Homes, a Seattle-based real-estate investing platform, on a new $100 million credit financing program to support Arrived's expansion into additional residential real estate markets across the US.
The financing will enable Arrived to purchase more homes and build out its operations to make the single-family rental asset class accessible to more people. Arrived has brought the modern e-commerce purchase experience to real estate by enabling consumers to easily buy shares of individual homes in four minutes or less. The company's approach is an alternative to traditional single-family rental investment products that consist of bundled properties and high minimum investment requirements.
Arrived Homes is a Seattle-based real-estate investing platform that makes ownership of rental properties possible for anyone and everyone. Arrived manages the operational work (finding a renter, dealing with maintenance, etc.) so that investors can sit back and collect passive rental income and their share of the home's appreciation.
Seattle Corporate partner Robert Over represented Arrived.