Whyhotel Rebrands As Placemakr, Announces Over $90M In Equity Investment
Mar 15, 2022•over 3 years ago
Amount Raised
$90 Million
Description
WhyHotel, a tech-enabled hospitality platform and operator, announced the rebrand of its company, now to be known as Placemakr. The rebrand comes alongside $90M in equity investment raised for growth and property acquisitions. In conjunction with these investments, the company also secured committed capital toward its target of $1B of property acquisitions over the next 18-24 months. With $250M of those property acquisitions completed in 2021 and programmatic equity committed to acquire $750M of property, Placemakr is on pace to be one of the largest holders of blended apartment and hotel assets in the United States
FundzWatch™ Score
83
Medium Activity
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