We acquired a portfolio of 142 short-term rentals in December 2024 across four primary markets: Scottsdale, Clearwater, McGaheysville, and the Poconos. Our goal is to grow this portfolio to 500 properties and position it for an institutional exit.
Short-term rentals stand out for their strong cap rates, often outperforming multifamily and single-family rentals. When operated at scale, they can generate higher income relative to asset value than nearly any other asset class, making them an ideal fit for our Growth & Income Fund.
Yet, most STRs are under-optimized—often run by individuals without professional management. Our strategy is to change that by fully amenitizing our rentals and creating unique stays that consistently perform at the top of their markets.