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Welker Properties launches Prophet Homes and announces new investment fund
Investors - APRIL 9, 2024

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Welker Properties launches Prophet Homes and announces new investment fund

by RELEASED

Welker Properties, a vertically integrated multifamily real estate development company, announced its latest venture, Prophet Homes. Led by Andrew Welker, Prophet Homes is designed to revolutionize the real estate industry by connecting investors and sellers through an innovative marketplace. The new enterprise will also establish an investment fund that will purchase opportunities within Prophet Homes' ecosystem. The fund aims to raise more than $100 million from limited partners around the globe. Prophet Homes co-founder Max Alpert of Manhattan Beach, Calif., who brings 12 years of experience to the enterprise, will serve as chief operating officer at Prophet Homes.

Prophet Homes offers accessibility and convenience in the real estate market by offering lucrative opportunities and access to "off-market" homes for investors. The Prophet Homes Real Estate Marketplace simplifies the process of buying and selling homes ready for renovation through fix-and-flip and fix-and-rent

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