In March, 7GC portfolio company Roofstock saw traffic from investors in Asia and Europe jump dramatically as a direct result of the coronavirus. Roofstock noted a 500% jump in traffic on its site from investors in Asia, a 450% hike in Germany, a 250% surge in traffic from Australia and a 100% increase from the United Kingdom.
The full article can be found on CNBC here.
As public markets continue to fluctuate in the near-term, investors are increasingly looking for asset classes that calm in the coronavirus storm. U.S. residential real estate, specifically single-family rental homes, is being singled out as one of these asset classes.
Roofstock is uniquely positioned to provide a platform to view and analyze potential property investments online without the need for investors to put themselves at risk by traveling and touring properties in-person.
