Sunday, January 23, 2022

Marina del Rey-based Fifth Wall Ventures Management has co-led an $80 million raise with Sundae Inc., a real estate marketplace that sells downtrodden homes.

 Life on the stages, good times, horse and pony shows, green lights, luck of the Irish. 5151: Made in America .Do You Know, Jack. Or Was It John, Maybe Joe, hard to say, some guy, you know the one. With the bean, with the candle, who ran under the shade of the moon.

Marina del Rey-based Fifth Wall Ventures Management has co-led an $80 million raise with Sundae Inc., a real estate marketplace that sells downtrodden homes.  

Daphne Anderson Veteran Certified Agent?

Realtor at eXp Realty #01447604


 Life on the stages, good times, horse and pony shows, green lights, luck of the Irish. 5151: Made in America .Do You Know, Jack. Or Was It John, Maybe Joe, hard to say, some guy, you know the one. With the bean, with the candle, who ran under the shade of the moon.

Marina del Rey-based Fifth Wall Ventures Management has co-led an $80 million raise with Sundae Inc., a real estate marketplace that sells downtrodden homes.  

Sundae connects sellers directly to vetted property investors to displace wholesalers..

Sundae connects sellers directly to vetted property investors to displace wholesalers..

Marina del Rey-based Fifth Wall Ventures Management has co-led an $80 million raise with Sundae Inc., a real estate marketplace that sells downtrodden homes.  
Josh Stech, chief executive of San Francisco-based Sundae, said funds from the raise will be used to expand Sundae’s marketplace beyond the 14 cities where it operates now.


Rejections, Expensive, Frogs Prices, Coins To Count, Cards To Read, Daily Mountains. Joys 2.A Wing Of birds to fly away, lots of love, lots of peace, lots of hopes.Life in the fast lane:Metallica - Enter Sandman [Official Music Video]... In the D.C. area.




Veterans for services. Lives for the flag, lives for the honors, guns to wars, guns to battles, Marines to dances, wars and battles.Cash, Green Backs, Forever And A Day. Always. SMOLLETT COULD GET HIT W/FEDERAL MAIL FRAUD CHARGES (Thousand Oaks) Stay tuned folks.. This could get interesting..Review: “Unanswered Questions: What the September Eleventh Families Asked and the 9/11 Commission Ignored,” by Ray McGinnis.

Above Normal.Twisted Sister -- We're Not Gonna Take it: They were never worth your time. Their exit was your blessing.

 
Following a $36 million Series B fundraise in December, Sundae expanded beyond California to Atlanta, Dallas, Houston, San Antonio, Salt Lake City, Denver, and the Tampa and Jacksonville markets in Florida.


The company is looking to enter other major urban markets, but Stech declined to discuss which ones.

 
The latest raise brings Sundae’s total funding to $135 million.
Stech, who said Sundae competes in as the “homes that need love segment,” declined to disclose the company’s valuation as Sundae is still in an embryonic stage of growth since its launch in January 2019.


The homes Sundae lines up for sale aren’t included on the multiple listing services used by realtors. Instead, these properties are pitched to investors and developers who bid on them after registering with Sundae.


“Our goal is displacing wholesalers who exploit desperate or uninformed sellers and lock them into a contract, which they turn around and assign to a property investor at a steep profit,” Stech observed.


“The tens of thousands of dollars in lost equity that goes to a wholesaler could mean the difference between paying off debts or having enough money to retire,” he said.
Sundae is a marketplace that connects sellers directly to a few thousand vetted property investors on Sundae’s website, cutting out the predatory middleman through a transparent and competitive offer process that ensures homeowners get a fair price and keep more of their equity, Stech said. 

No comments:

Post a Comment