Doorvest Acquires Getaway to Create End-to-End Real Estate Investing Platform

Doorvest, a full-service real estate investing platform, has acquired Getaway, a PropTech company that helps real estate investors find and finance investment properties. The acquisition enables Doorvest to offer customers a true end-to-end experience with the launch of Getaway's financing products. The combined forces of Doorvest and Getaway create a vertically-integrated platform for sourcing, financing, transacting, and managing investment properties.

Key Takeaways:

• The acquisition accelerates the development of Doorvest's upcoming lending product, slated to launch later this year.
• Doorvest will now offer customers a truly end-to-end experience with the integration of Getaway's financing products.
• The combined forces of Doorvest and Getaway create a vertically-integrated platform for sourcing, financing, transacting, and managing investment properties.
• Doorvest will have access to Getaway's network of over 34,000 investor customers.
• The acquisition empowers individuals to build wealth through real estate with ease and confidence.
• Doorvest CEO and co-founder Andrew Luong stated that the company is eager to offer Getaway's financing tools to current and future Doorvest customers.
• Getaway CEO and co-founder Ali Nichols aims to make real estate investing more accessible and believes that combining forces with Doorvest will enhance consumer choice.

Statistics:

• Doorvest has access to Getaway's network of over 34,000 active investor customers.
• The combined Doorvest and Getaway teams will collaborate with strategic partners to bring their enhanced product suite to key markets.
• Plans for national expansion are underway.
• Doorvest's upcoming lending product is slated to launch later this year.

Sources:

• Businesswire.com: https://www.businesswire.com/news/home/20240910905726/en/
• Doorvest: A leading real estate investment platform that simplifies the process of buying, owning, and managing investment properties.
• Getaway: A cutting-edge investment sourcing and financing solution designed to help real estate investors scale their portfolios quickly and efficiently.