Appreciate expands geographic offering by launching into Indianapolis market

Appreciate, the parent holding company of Renters Warehouse, announced the Company’s expansion into the Indianapolis, Indiana market. Appreciate’s decision to expand its business to Indianapolis is informed by nearly two decades of experience in the industry and comes as a deliberate move to provide clients investment opportunities in a marketplace with historically strong rent growth and a gross yield on SFR investments that is roughly 35% higher than the national average. The market is also met with increasing interest from both retail and institutional investors, including one of Appreciate’s institutional partners, Pagaya Investments US. "As we look toward 2023, the SFR space continues to provide both retail and institutional real estate investors with sizeable returns," said Appreciate President, Kevin Ortner. "Appreciate’s expansion into Indianapolis is one of many strategic market entries our company has planned for the next year as we continue to grow our business on a national scale."