Real Estate SPACs
Complete breakdown of 9 SPACs in the Real Estate sector. Average return of -85.7% with a 33.3% bankruptcy rate.
Total SPACs
9
Avg Return
-85.7%
Bankruptcy Rate
33.3%
Capital Raised
$3.6B
trust sizes combined
Bankrupt
3
Zombie
3
Survivors
0
Peak Market Cap
$48.8B
All Real Estate SPACs (9)
| Company | Ticker | Peak | Current | Return | Status | Year |
|---|---|---|---|---|---|---|
| WeWork | WE | $13.18 | $0.00 | -100.0% | bankrupt | 2021 |
| Landsea Homes | LSEA | $10.50 | $0.00 | -100.0% | bankrupt | 2021 |
| Latch | LTCH | $17.78 | $0.00 | -100.0% | delisted | 2021 |
| View | VIEW | $13.50 | $0.00 | -100.0% | bankrupt | 2020 |
| Porch Group | PRCH | $30.00 | $2.50 | -75.0% | zombie | 2020 |
| Offerpad Solutions | OPAD | $20.97 | $3.50 | -65.0% | zombie | 2021 |
| Opendoor | OPEN | $39.24 | $3.50 | -60.0% | zombie | 2020 |
| Property Solutions Acquisition Corp. II | $0.00 | $0.00 | 0.0% | delisted | 2021 | |
| Simon Property Group Acquisition Holdings | $0.00 | $0.00 | 0.0% | delisted | 2021 |
Real Estate Sector Summary
The Real Estate sector saw 9 companies go public via SPAC mergers, raising a combined $3.6B in trust capital. With an average return of -85.7% and 3 bankruptcies out of 9 companies (33.3% bankruptcy rate), Real Estate has been one of the most devastating sectors for SPAC investors. At peak, these companies reached a combined market cap of $48.8B.