Doorvest – an online platform facilitating the ownership of high-yield rental homes – has secured a new $50 million asset backed credit facility with Pollen Street Capital, a fast growing, purpose led and high performing private capital asset manager.
Launched in 2020 and based in San Francisco, Doorvest’s mission is to reduce barriers for average Americans to generate passive income by owning rental properties. Doorvest gets to know a customer and their investment goals before identifying and buying a property on their behalf, manages the renovations and places a resident in it, then sells the property back to the customer. Doorvest also acts as the property manager of the home after it was sold to the customer. The Company has expanded geographic footprints in Houston TX, Dallas TX, Atlanta GA, San Antonio, TX, and Oklahoma City, Oklahoma, with a track record of over 200 homes sold and under management.
