---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-077649"
form_type: "8-K/A"
ticker: null
cik: "0001821075"
company_name: "Appreciate Holdings, Inc."
filed_at: "2022-12-05T23:59:59+00:00"
generated_at: "2026-06-21T09:44:43.759500+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "medium"
source: SEC EDGAR
---

# Appreciate Holdings closes business combination with Renters Warehouse; provides key metrics

## Summary
- Business combination with Renters Warehouse closed Nov 29, 2022; Renters Warehouse now wholly owned subsidiary.
- Marketplace transactions 649 for nine months ended Sep 30, 2022, up 9.6% YoY from 592.
- Institutional transactions surged 61% to 410; retail transactions fell 29% to 239.
- Property counts 7,748 as of Sep 30, 2022, down 3.3% YoY due to loss of institutional client in Q4 2021.
- Renters Warehouse operated 42 locations in 19 states; asset-light model with no owned real estate.

## SEC filing metadata
- accession: 0001213900-22-077649
- form_type: 8-K/A
- cik: 0001821075
- company_name: Appreciate Holdings, Inc.
- filed_at: 2022-12-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: medium
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1821075/000121390022077649/0001213900-22-077649-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1821075/000121390022077649/ea169606-8ka1_appreciate.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-077649
- JSON: https://secwatch.observer/filing/0001213900-22-077649.json
- Plain text: https://secwatch.observer/filing/0001213900-22-077649.txt

## Key facts
- M&A Transactions
  Appreciate Holdings, Inc. completed an acquisition involving RW National Holdings, LLC ("Renters Warehouse") (closed 2022-11-29).
  - Action: acquisition
  - Counterparty: RW National Holdings, LLC ("Renters Warehouse")
  - Closing: 2022-11-29
  source text: On November 29, 2022, Appreciate Holdings, Inc. (f/k/a PropTech Investment Corporation II (“ PTIC II ”)) (the “ Company ” or “ Appreciate ”) closed its business combination (the “ Business Combination ”) with Appreciate Intermediate Holdings, LLC, a Delaware limited liability company (“ NewCo LLC ”), pursuant to that certain Business Combination Agreement (as amended, supplemented or otherwise modified from time to time, the “ Business Combination Agreement ”), dated as of May 17, 2022, by and among (i) PTIC II, (ii) RW National Holdings, LLC, a Delaware limited liability company (“ Renters Warehouse ”), and Lake Street Landlords, LLC, a Delaware limited liability company, in its capacity as the representative of applicable Renters Warehouse unitholders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821075/000121390022077649/0001213900-22-077649-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.