Evergreen Residential is excited to share that we have raised $1 billion from a diverse array of sophisticated investors and received strategic investments from a Prosperity Asset Management (PAM) affiliate and Kuvare Holdings, which will enable us to continue to scale our equity, lending and property management strategies. Kuvare’s investment follows the seed investment we received in 2021 from a PAM affiliate, whose team has been actively involved in working with Evergreen to grow our business over the last three years. Joseph Negri, Founder and CEO of Evergreen, said: “We believe the strong support we have received to date from world-class investors is a testament to what we have built. The Evergreen team is well positioned to leverage our significant experience in single-family residential strategies—including build-to-rent—to address these housing needs while seeking to create value for all stakeholders – investors, residents, employees and the communities we serve.” Read more here: https://lnkd.in/gthfFK9C #RealEstate #Residential #SFR #Housing
Randall Mason
1mo
Congratulations. That is great news for the Evergreen team and good news for the SFR market.
Adam Stern
1mo
That’s tremendous Joseph Negri. Remember this feeling… it’ll never be the same, even when you hit two and three billion AUM:)
Cheryl King
1mo
Congratulations to the Evergreen team!
Joseph Negri = stone cold stud
Devin Finlay
1mo
Congrats Joseph Negri and Team!
This is awesome. Congrats Joseph Negri!
Sean Tierney
1mo
Way to go!
Chris Willard
1mo
Congrats Joseph Negri and Evergreen Residential!
Danny Kattan
1mo
Congrats!
CEO at Chesterfield Faring, Ltd.
4wCongrats!. We own a large management company that manages HOAs in Nevada. Love to discuss us co-investing in rental SFR full communities with our national brand builder clients anywhere in USA ?