reAlpha, a cutting-edge technology company launching an innovative platform empowering everyone to invest in the $1.2 trillion short-term rental market, announced its investment in Naamche as the company’s new development partner. Under the partnership, reAlpha and Naamche will collaborate extensively on projects such as the development of reAlpha’s new website and various applications, including the reAlpha app. Naamche will also continue to enhance development of the reAlphaBRAIN machine learning algorithm, which scores properties based on dozens of factors and predicts the viability of each property for the short-term rental market, as well as the projected long-term value. According to the press release, reAlpha has taken 25% equity in Naamche and reAlpha’s Chief Financial Officer Mike Logozzo will join Naamche’s board of directors.
“reAlpha’s relationship with Naamche allows reAlpha to remain agile and pivot development at a moment’s notice,” said Logozzo in the news release. “Naamche has also had the opportunity to expand its horizons with challenging projects through reAlpha’s global network of top performing organizations across 14 countries.”
To view the full press release, visit https://ibn.fm/rgOtQ
About reAlpha
reAlpha is using technology to bring the power of real estate investing to the 99%. reAlpha merges the most historic asset with the technology and business model of the future: Airbnb. The reAlpha platform provides meaningful wealth generation opportunities for everyone: short-term passive income through Airbnb as well as equity-driven capital appreciation. However, they also believe that real estate investing is deeper than just financial returns, it is the pride of ownership and the freedom of financial security. They are driven every day to create not only lucrative returns for their members but also to deliver exceptional experiences and positively impact the communities in which reAlpha lives and operates. To learn more visit reAlpha.com.
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