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The Promise Homes Company Secures Additional Equity Investment From Leading Us Bank

Dec 12, 2022•over 2 years ago
AtlantaProperty ManagementReal EstateHospitality

Description

The Promise Homes Company, the largest minority-led manager of institutional-quality, single-family residential rental homes in the United States, announced today that First Republic Bank, a leading private bank and wealth management company, has made a preferred equity investment in the company.

Company Information

Company

Promise Homes

Location

Atlanta, Georgia, United States

About

Promise Homes is committed to providing its residents with Dignity in Housing. We promise our residents quality housing at affordable prices as well as financial empowerment and assistance that would position them financially to eventually own a home. We believe that by supporting our residents with a series of financial and economic support services, we improve their lives while building a stronger and more resilient company. By treating residents as partners, we also improve the communities that we serve. We will do well by doing good. We promise our communities that we will improve the lives of our residents through financial empowerment programs that provide credit and money management counseling. By engaging local small businesses to provide services for our residents, we will create a local, sustainable supply chain and reliable vendor service providers.

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