Appreciate launches operations in Memphis market

Appreciate Holdings announced the Company’s expansion into the Memphis, Tennessee market. Appreciate’s entrance into the Memphis market follows the strategic plan of the Company to support its clients with operations in lucrative geographic locations across the country. Appreciate launched the market with one of the Company’s institutional clients, as investors remain focused on the higher yielding southeastern markets. "Increasing housing affordability issues resulting from rising mortgage rates have created a strong backdrop for the SFR asset class and its investors," said Appreciate President Kevin Ortner. "As Appreciate continues its expansion as a publicly-traded company, it is our goal to support investors, whether large or small, through our end-to-end solution that allows them to buy, lease, manage and sell SFR all in one place."