Wrightwell, a vertically integrated real estate platform offering comprehensive operational and investment services to captive capital partners and third-party clients, today announced the close of its latest funding round. In conjunction with the transaction, Wrightwell also formed a strategic partnership with Bain Capital's Insurance team (Bain Capital) and Saluda Grade to invest up to $300 million into SFR and BFR housing, addressing critical residential housing needs across the U.S.

"We are thrilled to welcome Bain Capital to our platform and to deepen our longstanding partnership with Saluda Grade. Both organizations bring extensive expertise in direct investments in U.S. housing and financing operating companies," said Anthony DePalma, Co-Founder and CEO of Wrightwell. "In addition to executing for captive capital, our platform helps enable all market participants to leverage our full-service institutional-quality operations for all their real estate needs. Together with our investment partners, we have assembled an outstanding team to drive Wrightwell forward as a top-tier national real estate investment and operating business." 

The partnership will focus on creating and enhancing affordable housing options for lower- and middle-income families and individuals, combining Bain Capital's and Saluda Grade's investment experience with Wrightwell's end-to-end operational capabilities.

"Wrightwell has demonstrated continued ability to adapt and innovate across changing interest rates and market environments," said Brad Hartung, Senior Portfolio Manager at Saluda Grade and board member at Wrightwell. "This strategic partnership will help bolster management's ability to execute on the firm's growth strategy and secure long-lasting commercial partnerships that should drive value creation for all stakeholders. We are excited to see Wrightwell continue to enhance its servicing of the unmet needs that exist in the real estate market."

Key Leadership Appointments 

To drive its national expansion, Wrightwell has appointed several industry leaders to key roles:

• Chris Poston – Executive Vice President (EVP) of Property and Asset Management (formerly Rothesay Life). Based in Atlanta, GA.

• Mark Woodling – EVP of Brokerage (formerly eXp). Based in Dallas, TX.

• Jonathan Salyer – EVP of Construction (formerly Darwin Homes). Based in Phoenix, AZ.

• Erin Taylor – EVP of Finance and Accounting (formerly Fundrise). Based in Phoenix, AZ.

"We are excited to add such a deep bench of industry veterans to our team," said Alex Kahn, Co-Founder and COO of Wrightwell. "Their expertise, deep experience and understanding of the U.S. housing market will strengthen Wrightwell's efforts to establish itself as a key provider of real estate operating and investment services to all market participants." 

From Vantage to Wrightwell: A Strategic Rebrand

Founded in 2021 as an SFR asset originator, Wrightwell (formerly Vantage) has evolved into a full-service real estate operating and investment platform. Its new identity reflects a broader focus on delivering a comprehensive suite of solutions to captive capital partners and third-party clients.

National Growth Plans

Headquartered in Atlanta, GA, Wrightwell currently operates in Arizona, Georgia, North Carolina, South Carolina, and Tennessee. The company plans to expand its Construction, Brokerage, Asset and Property Management Divisions into ten new markets within the next year. For more information, please visit: www.wrightwell.co.

Disclaimer:

This press release is for informational purposes only and is neither an offer to sell nor the solicitation of an offer to any for any other securities, and shall not constitute an offer, solicitation or sale. Any offers will be made only by means of a private offering memorandum. Specific investment advice references provided herein are for illustrative purposes only and are not necessarily representative of investments that will be made in the future.

Forward-looking statements:

Certain forward-looking statements and information have been obtained from, or are, based on or derived from, published and non-published sources and/or prepared by other parties, which in certain cases have not been updated through the date hereof. Such information is based, in part, on assumptions which have not been independently verified. While such information is believed to be reliable for the purpose used above, we cannot guarantee the accuracy of any such information or the reasonableness of any such assumptions. Unless specified, any views reflected are subject to change without notice. Wrightwell is not under any obligation to update or keep current the information referenced above. Certain information constitutes "forward-looking statements," or statements of opinion or intention, which can be identified by the use of forward-looking terminology such as "may," "can," "will," "would," "should," "seek," "expect," "anticipate," "target," "forecast," "project," "estimate," "potential," "intend," "continue," "plan" or "believe," or the negatives thereof or other variations thereon, or comparable terminology.

Media Contact:
Jessica Rutledge
[email protected]
917-683-6820