Real Estate Split Corp. (RS) Raises ~$21.5M in Overnight Offering
Real Estate Split Corp. completed an overnight offering of Class A and preferred shares for aggregate gross proceeds of approximately $21.5M. Class A priced at $9.15 (17.0% yield) and Preferred at $10.45 (4.6% to maturity); pricing set to be non-dilutive to NAV.Material DetailsContext by AI Analyst…