Podcast: Appreciate & PropTech II (PTIC) Discuss the Single-Family Rental Market and SPACs
This week, we speak with real estate investment marketplace Appreciate, which announced a $416 million deal with PropTech Investment Corp II (Nasdaq: PTIC) in May.
CEO Chris Laurence and President Kevin Ortner explain how they built a unique end-to-end platform for real estate investors looking to buy properties to rent out far afield from their local market, be they institutions or moms and pops.
They also give us the lowdown on what the single-family rental market looks like from inside the machine and how capital can best be put to work in the current climate.
PropTech II’s Co-CEO and CFO M. Joseph Beck also joins to walk us through how the SPACs’ prolific team has shifted criteria to match the times.
Give it a listen