PropTech II Files Definitive Proxy on $416M Deal with Appreciate

PropTech Investment II filed a definitive proxy on its proposed business combination with RW National Holdings, (d/b/a Appreciate), which is the parent holding company of Renters Warehouse, an end-to-end Single Family Rental marketplace and management platform. A vote on the deal is set for Nov. 18.

As announced in May, cash proceeds will consist of the SPAC’s $230 million cash in trust (less any redemptions) and a committed equity facility of $100 million. Read more.

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