OAKLAND, Calif.--(BUSINESS WIRE)--Roofstock, a leading real estate services and investment platform specializing in the single-family rental (SFR) sector, is excited to announce the additions of Justin Yagerman as its new Head of Capital Markets and Paul Briggs as its new Head of Research and Investment Strategies.
With over two decades in both public and private markets, Mr. Yagerman has a proven track record of building long-term relationships with, and driving successful outcomes for, institutional investors. As Roofstock’s Head of Capital Markets, he will lead business development efforts with investors who seek opportunities in the $4 trillion SFR asset class. Mr. Briggs has been leading research, strategy, and data science teams in the real estate industry for more than twenty years. At Roofstock, he will build analytical models and bespoke investment strategies to drive successful outcomes for institutional SFR investors.
"We are thrilled to welcome Justin Yagerman and Paul Briggs to the Roofstock team," said Gary Beasley, CEO and co-founder of Roofstock. "Justin’s deep understanding of the capital markets landscape and Paul’s demonstrated ability to construct sound strategies from massive data sets will be invaluable as we continue to enhance the capabilities of our platform for our clients.”
"I’m extremely excited to join Roofstock at such an exciting time in the evolution of the SFR sector," said Mr. Yagerman. "The company's innovative approach to real estate investing and its commitment to technology as a means to drive efficiency and scale is a winning combination. I am eager to leverage my experience and relationships to drive Roofstock's mission forward."
Prior to joining Roofstock, Mr. Yagerman served as Head of Business Development at Invesco Private Capital. Mr. Yagerman’s understanding of investment strategies, financial product development, and global marketing will be instrumental in expanding Roofstock's reach and further solidifying its position as a leading partner for investors seeking exposure to the SFR asset class. Mr. Yagerman brings a wealth of experience to Roofstock, having spent many years developing deep relationships with pensions and sovereign wealth funds, private banks, insurance companies, endowments and foundations, wealth management platforms, and family offices.
Prior to joining Roofstock, Mr. Briggs served most recently as Managing Director, Head of U.S. Research at BentallGreenOak. He has spent the bulk of his career developing original investment strategies driven by quantitative and qualitative research and advanced predictive models. Mr. Briggs’ data-driven approach and strategic mindset will further position Roofstock as a trusted advisor for institutional capital interested in SFR opportunities.
"I joined Roofstock because I have a strong conviction that SFR is maturing as an asset class and now is the time for investors to pursue this substantial opportunity. Roofstock has the proprietary data and scalable platform to generate consistent risk-adjusted returns for investors," said Mr. Briggs. "By further developing Roofstock’s in-house research, data science capabilities, and thought leadership, I hope to drive strategic investment decisions that maximize returns for our investors and strengthen Roofstock's position as a leader in the SFR industry."
Messrs. Yagerman’s and Briggs’ appointments come as part of Roofstock's efforts to expand its senior team and build upon its successful track record providing the institutional segment with new and innovative SFR investment products. The two join Roofstock amid estimates that more than $100 billion in institutional capital has been set aside to invest in SFR, according to a 2022 report from Zelman & Associates.
Roofstock is a pioneer in providing Real Estate Investment as a Service (REIaaS) for investors in the $4 trillion single-family rental (SFR) sector across the entire investment lifecycle. Its proprietary data, technology, and integrated services make it possible for investors to maximize opportunities across the U.S. and realize substantial returns. Founded in 2015, Roofstock is backed by a blue-chip roster of venture capital investors including Khosla Ventures, Bain Capital Ventures, Lightspeed Venture Partners, Canvas Ventures, and SoftBank Vision Fund 2. Roofstock has facilitated more than $5 billion in transactions on its platform to date.