Opencasa

About Opencasa

Opencasa operates as a technology and data-driven real estate company with a sharp focus on the U.S. Single-Family Rental (SFR) market. Founded in 2018 by Ricardo Donoso, Alvaro Chavez, and Jose Manuel Martinez Vazquez, the firm is headquartered in Miami, Florida, with origins in Santiago, Chile. The leadership team combines extensive experience in real estate, technology, and finance, with a track record of scaling global businesses. Ricardo Donoso, serving as Chairman, is a global entrepreneur who previously co-founded and exited several technology companies, including Frontier Car Group, which was acquired by OLX Group. COO Álvaro Chávez brings a background in technology and real estate, having founded Renty, a proptech company acquired by Opencasa in 2019.

The company's business model centers on providing both foreign and domestic investors with targeted access to the U.S. SFR sector, a market valued at over $5 trillion. Opencasa manages the entire real estate value chain, from acquisition to property management, aiming to deliver stable, low-risk, and inflation-hedged income streams for its investors. It specifically targets the 97% of the SFR market controlled by smaller investors, differentiating itself from large institutional players. The firm leverages a proprietary technology platform that uses data-centric analytics to identify, underwrite, and acquire properties, analyzing both on-market and off-market opportunities in real-time. This technology-first approach enables the efficient aggregation of SFR portfolios and streamlines operations.

Opencasa's service provides investors a way to deploy capital and generate immediate cash flow from a portfolio of single-family rental properties. For residents, the company aims to offer a frictionless leasing experience. By managing the acquisition, renovation, and operation of its portfolios, Opencasa delivers risk-adjusted returns for its capital partners. The company has successfully raised $15.7 million in two funding rounds, including a Seed round in 2018 from Manutara Ventures and a Series A round in 2019 led by Alza.