Amount$840M
Post-money valuation$5.1B
SeriesIPO
AnnouncedMar 19, 2026
SectorReal Estate
RegionUSA
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far above the typical IPO round (4.9× the median) — an outlier.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
