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5 at 5: Your Daily Digest for Real Estate Investing, 10/11/21

·2 min read
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Opendoor (NASDAQ: OPEN) recently added a $3 billion mezzanine debt facility, according to an SEC filing, which brings the company's total borrowing capacity to $9 billion. The Millionacres takeaway: Our Matt Frankel provides insight here on how many homes this iBuying disruptor can add to its balance sheet with that kind of quid, and how this disruptor and its competitors are faring in the overall market and against each other. Awning, a real estate brokerage that focuses on buying single-family homes for investors, recently emerged from stealth mode and raised $9.3 million in a seed funding round led by Global Founders Capital.