What Happened?
Oakland, CA-based Roofstock Appointed Austin Michelsen as Talent at Roofstock
Date of management change: February 15, 2016
Oakland, CA-based Roofstock Appointed Austin Michelsen as Talent at Roofstock
The Single-Family Rental sector has stuck to the old way of doing things for far too long – it`s an industry ripe for disruption. Roofstock is leading the way. Roofstock is the first online marketplace created exclusively for investing in leased Single-Family Rental homes that generate cash flow day one. Created by investors for investors, Roofstock provides research, analytics, and insights to evaluate and purchase independently certified properties. Roofstock turns the old way of investing on its head, bringing transparency and efficiency to create a better way to transact. Buyers access vetted homes with current cash flow. Sellers market homes without lost income or disrupting tenants. Neighborhoods avoid signs in yards which could depress values. It`s win-win all around. The most revolutionary aspect of the Roofstock marketplace is enabling investors to treat their real estate investments more like stock portfolios, focusing on asset allocation, rather than dealing with the hassles of researching and buying vacant homes that need to be repaired and leased. This creates significant time and cost savings for all parties. The leadership team at Roofstock brings together some of the top players from the Single-Family Rental industry under one “roof” (pun intended), including a top principal investor, the CEO of one of the largest public Single-Family Rental companies, the leading investment banker in the space and one of the sector`s most active financiers. Add some of Silicon Valley`s top tech talent and investors, and you have Roofstock!
Austin Michelsen is Talent at Roofstock at Roofstock. Previously, Austin held various senior HR leadership roles in the industry.
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