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October 31, 2019

Vacasa

Portland vacation rental management company Vacasa received $319 million in a strategic investment round led by technology investment firm Silver Lake. Existing investors Riverwood Capital, Level Equity and NewSpring also participated in the capital raise. Vacasa will use the money to expand into new markets and grow its real estate brokerage, which operates in key vacation rental markets throughout the country. The company says more and more buyers are looking to purchase vacation homes as an investment, with the intent to rent the property.




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