Altriarch Closes $12.5 Million Senior Debt Facility for RLTYco, Inc.

January 16, 2025 - Altriarch Asset Management (“Altriarch”) is pleased to announce the successful closing of a $12.5 million senior secured revolving facility for RLTYco, Inc. (“RLTY”). The two-year loan, which has an option to extend an additional year, will give RLTY the ability to expand its portfolio and enhance its innovative financial offerings for real estate professionals, brokerages and developers.

Danielle Brown, General Partner at Altriarch, commented on the partnership stating, “We are thrilled to support RLTY as they continue to revolutionize the real estate financing landscape. This partnership allows RLTY to scale its technology platform via the proceeds from the new senior facility.”

Briggs Elwell, Co-Founder & CEO of RLTY, expressed enthusiasm about the new partnership, “This facility is a pivotal step in solidifying our brand as a leader in the real estate financing sector. We are excited about the partnership, as this capital will increase our capacity to serve real estate professionals across the country.

About RLTYco

Based in New York City, RLTYco was founded in 2021 by real estate veterans Briggs Elwell and Daniel Kennedy to be a strategic resource for real estate professionals. The company provides upfront working capital to real estate professionals, brokerages and developers by acquiring the pending commissions on the sale or lease of residential and commercial properties. In addition, RLTY helps agents navigate the intricate landscape of regulations and compliance so they can focus on what they do best: selling real estate. To learn more, visit rltyco.com.