Arizona-based Stoa USA, which launched a platform for professional single-family home investors, has closed another $100 million securitization. Overall, the company has raised around $300 million in equity and debt.
The funding was underwritten by Cantor Fitzgerald, a financial services firm that specializes in real estate investments. This marks the second time that Cantor Fitzgerald has worked with Stoa on this type of fundraising.
Stoa’s platform, FlipOS by Stoa, focuses on the fix-and-flip market, where existing properties need upgrades or repairs before they become viable options for people looking for housing. FlipOS by Stoa will use the additional securitization to work with more professional real estate investors to grow and scale their businesses, helping to close the housing gap in America by providing quality residential inventory to the market faster than home builders can.
“It’s a big deal that we were able to close this round of funding amid