reAlpha secures $200m financing facility from Churchill Real Estate

reAlpha, an AI-powered real estate technology and investment company, has secured a $200 million financing facility from Churchill Real Estate that will help fuel its acquisition growth.

The financing facility was arranged by Jason Krane and Max Kra from Ackman-Ziff Real Estate Group, a boutique real estate capital advisory firm based in New York City.

“This financing facility will be key to helping materially scale our portfolio,” said Mike Logozzo, CFO of reAlpha. “With the ability to leverage capital from one of the biggest financing facilities ever given to a STR real estate company, we will be positioned to launch our syndication platform more quickly than anticipated. Moreover, having a single financing partner will help to further streamline the financing part of the acquisition process, reducing overhead significantly.”

The financing facility provides reAlpha with additional financial flexibility to accelerate investments in experiential and r