SAN JOSE, CA, Nabr, a direct-to-consumer housing startup, has raised $48 million in equity and debt financing to continue its mission to build the future of sustainable urban living.
The round was led by 2150, the leading venture fund focused on sustainability and urban technology. A portion of the funds were used to acquire three development sites in Downtown San Jose's SoFA District. This land will feature 500 for-sale residential units, which includes SoFA One, in addition to two other buildings: SoFA Two and SoFA Three.
Nabr is a direct-to-consumer housing company and the first to deliver custom, sustainable apartments at scale. Nabr treats housing like a true consumer product-our goal is to put more people on a path to owning a high-quality, environmentally friendly home in the city. We have built a platform to transform the process of finding, designing, purchasing, and living in a home that fits each resident's unique lifestyle and financial situation. Nabr's first development is coming soon to Silicon Valley.
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