It doesn’t exactly roll off the tongue: this new real estate “first” reported on by the Wall Street Journal last Tuesday. It was the kind of ‘break-through’ that sounded like it belonged in a footnote to an investment banker’s annual report. Nonetheless, for one segment of Journal readers who also happen to be Costa Mesa real estate investors, the topic and the phenomenon it described confirmed the wisdom of their investment.

The “first-ever” topic was “the first vacation-rental mortgage securitization.” This is a debt-raising innovation just launched by a short-term rental operator (AvantStay Inc.). What could be of interest to Costa Mesa investors is that it serves as convincing proof that the short-term rental industry is becoming “a thing”—at least in financial circles.

Short-term rental real estate has already long been a consequential segment of the rental world, but for many consumers, it may have seemed to be a minor footnote. Outfits like Airbnb, Vrbo, or seemed to be the exclusive preserves of isolated individual vacation homeowners looking to profit from short term stays by budget-conscious vacationers. But demand has been expanding, in part due to pandemic-spurred changes in workplace mobility. Vacationers are being joined by increasingly mobile workers and consultants. And now major real estate investors are, according to the Journal, “angling to find new ways to profit from these shifts.”

For Costa Mesa landlords who are already profiting from short-term tenants, their lead is being increasingly followed by New York investment firms. As the Journal headlined, “That Vacation Home Listed on Airbnb Might Be Owned by Wall Street.” To underscore the point, last Tuesday, AvantStay announced a new co-venture with investment firm Saluda Grade to buy “about $500 million of homes.” That first-ever securitization will raise the cash.

It’s more confirmation of the potential value that residential real estate has always offered local investors. For the latest perspectives on current Costa Mesa real estate investment opportunities, give us a call anytime!

We are built on a philosophy of Heritage & Hustle. The L3 is a full service real estate agency with a regional office located in the heart of #CostaMesa, offering a wide-array of custom services to meet their clients’ needs with roots in the community since 1976.  It’s L3 mission is to provide trusted, convenient, responsive service to ensure clients enjoy their real estate experience. The L3 was originally formed to offer personal, concierge-level service as an alternative to the large, nationally based real estate companies. From its small beginnings of only two employees, The L3 has grown to a full staff of 25 serving over 300 clients a year. The L3 is not limited to serving just its clients; it is also committed to serving the community. Not only has The L3 donated hundreds of hours to many area charities, they have also received the prestige of being named one of the #toprealestatecompaniesinCostaMesa  If you’re interested in #buyingorsellinginOrangeCounty, turn to the experts. Turn to The L3 and let them help you make your real estate buying or selling dreams come true. For more information or to get started on finding or selling your home contact The L3 today at 714-444-4663 or email us at



The L3, L3 Real Estate, Costa Mesa Real Estate, Huntington Beach Real Estate, The Best Real Estate Company in Costa Mesa, The Best Real Estate Company in Huntington Beach, What is the best real estate company in Costa Mesa, What is the best real estate company in Huntington beach, Costa Mesa, Huntington Beach

Posted by Matt Kanoudi on
Email Send a link to post via Email

Leave A Comment

Please note that your email address is kept private upon posting.