Company offers shares in individual single-family rentals
Brought tech background to bear in launching Arrived Homes
With backing from investors including Jeff Bezos‘ personal investment company and others who participated in a $25-million Series A funding round that closed in May 2022, Arrived Homes is reportedly the first company with SEC approval to offer shares in individual single-family rentals.
“Our goal is to make the wealth building potential of owning rental homes more accessible,” says Ryan Frazier, co-founder and CEO of Seattle-based Arrived Homes. “We believe we can do that by simplifying the process, and lowering the cost to get started.“ Investors can buy shares of income-producing properties for as little as $100 under the Arrived Homes model.
Frazier and his co-founders brought a tech background including key roles with Simply Measured and Sprout Social to bear in launching Arrived Homes in 2020. The startup launched its first House IPO a year ago, and since then the “interest has been remarkable,” Frazier wrote in a blog posting. “With our last batch of House IPOs we saw a 100x increase in traffic and we have now helped thousands of clients invest in over $40 million in property value, spread across more than 100 homes and 16 cities. In the process we have helped build over $1 million in new wealth for our clients. We have also introduced revolutionary product features like live house share prices that enable investors to track their investments in real time.“
These are just a few reasons we chose Frazier as one of Seattle/Pacific Northwest‘s 2022 Next Generation Award winners. Connect Media’s sixth annual Next Generation Awards recognize young leaders in the commercial real estate industry who are likely to be influential for years to come.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).