Altriarch Asset Management announced 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.”