Temporary Furnished Housing

In 2020, just prior to the onset of COVID, Primestone launched a corporate housing startup. Despite the challenging business conditions that prevailed during that period, the business enjoyed exponential growth, signing 125 corporate clients with guests in 35+ countries while leveraging a network of 245,000 furnished apartments. Annual revenues exceeded $20 million by the time Primestone accepted an offer to sell the business in December 2023 to Synergy, the global leader in corporate housing.

Proptech

Primestone invested in software startups that developed state-of the-art, cloud-based technology to transform the origination, processing, servicing and trading of residential mortgage assets to enhance consumer experience and eliminate the operational and regulatory friction points for lenders, servicers, traders and investors.