Keyway, a startup that buys property from small and medium-sized enterprise house owners after which leases it again to them, has secured $70 million in debt financing on the heels of a $15 million fairness increase.
Based in September 2020, the New York-based firm – which was beforehand named Unlock – mentioned it makes use of information science to “establish, underwrite and shut transactions 10x quicker than incumbents.” It describes itself as a “managed market.”
Keyway’s first product is a sale-leaseback providing for enterprise house owners. The corporate buys an proprietor’s constructing after which indicators a long-term contract