Unison Announces Triple-Digit Growth in Revenue & Customer Transactions in 2018, Reaching $2.42 Billion in Total Value of Co-Invested Residential Real Estate
SAN FRANCISCO--(BUSINESS WIRE)--Feb 12, 2019--Unison, the nation’s leading provider of home ownership co-investments, announced today significant achievements from 2018 including 370% YoY revenue growth, 308% YoY growth in customer transactions, and $2.42 billion in total value of co-invested U.S. residential real estate ending in Q4 2018. The company’s ground-breaking co-investment model provides access to $15 trillion of equity in U.S. residential real estate as an asset class for institutional investors. The company then deploys funding to homebuyers and homeowners as equity-based investments in residential real estate through its HomeBuyer and HomeOwner products.
“Unison’s 2018 growth numbers point to a clear break from the debt-only status quo in residential real estate,” said Thomas Sponholtz, Unison’s Founder and Chief Executive Officer. “The inevitable turning point has come, as an ever-increasing number of consumers are realizing that Unison’s equity-based solution is a far superior way to buy and own a home.”
Whether it is supplementing a down payment to buy a home, or unlocking existing home equity to pay off debt, to do a home remodel, or to fund a small business venture, Unison provides consumers with a breakthrough alternative to the antiquated, debt-based, loan models that have been the only options in the real estate marketplace for most of the past century. Unison co-invests with homebuyers and homeowners as a true partnership, without monthly payments, and without interest, since it is not a loan.
In addition to exponential growth in revenue and customer transactions, the viability and strength of Unison’s revolutionary, end-to-end co-investment business model was validated with the following results in 2018:
Unison is revolutionizing the home financing marketplace through long-term co-investment partnerships. The company works with select institutional investors to integrate home ownership investing into the U.S. home financing system through its HomeBuyer and HomeOwner Programs. Unison HomeBuyer helps purchasers buy the home they want with less debt and risk, typically by doubling the down payment and Unison HomeOwner provides existing homeowners with cash without the added debt or payments of a home equity loan or HELOC. The company’s co-investment through both programs is a true equity partnership, with no monthly payments, in which Unison shares in the increase or decrease in the future value of a home. Headquartered in San Francisco, Unison operates in 22 states plus Washington D.C. For more information, visit https://www.unison.com/.
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KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE
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PUB: 02/12/2019 11:00 AM/DISC: 02/12/2019 11:01 AM