Snell & Wilmer Advises Roofstock on Casago Investment.
Snell & Wilmer has advised Roofstock, a fast-growing name in proptech and rental property management, in its recent investment in Casago.
The deal coincides with Casago’s acquisition of Vacasa, marking a major shift in the short-term rental space as Vacasa exits the public market.
This move signals a new phase of growth for Roofstock, which has long been focused on helping investors navigate the single-family rental (SFR) market.
“Today is an exciting day at Roofstock and for our industry. Historically, we have focused on providing end-to-end real estate investment services for the SFR industry across the ownership lifecycle; from buying to managing to selling.
We are excited to extend this suite of products and tools to the massive short-term rental sector, and we couldn’t be more excited to partner with Casago.” said Gary Beasley, co-founder and CEO of Roofstock.
Casago’s acquisition of Vacasa comes with a notable change, Vacasa’s stock is no longer publicly traded, as the company becomes privately owned under the new deal.
For Casago, the acquisition opens the door to broader national growth and a more robust platform for both homeowners and guests.
“Today marks an exciting new chapter as Casago and Vacasa come together. Our vision is clear: to build the most trusted brand in vacation rental management, one relationship at a time.
By combining our strengths, we will create new opportunities for our homeowners, guests, partners, and teammates, while staying true to the values that have made Casago who we are.
This isn’t just the joining together of two companies; it’s a commitment to service, to hospitality, and to delivering a better way of caring for a second home.” said Steve Schwab, Casago’s founder and CEO.
Snell & Wilmer advised Roofstock on the legal aspects of the transaction, reflecting the firm’s deepening engagement in complex real estate technology and private equity matters.
The deal team was led by Tony Caldwell, with key contributions from Brian Burke, Bahar Schippel, Bryce Morgan, Dana Ontiveros, and Angela Kim, drawing on the firm’s integrated real estate and corporate law capabilities.
Roofstock is a leading real estate investment platform focused on the single-family rental (SFR) market. Founded in 2015, the company offers tech-driven tools and a certified marketplace for buying, owning, and managing rental properties across the U.S. Roofstock serves individual and institutional investors, aiming to simplify and streamline real estate investing.
Snell & Wilmer is a full-service business law firm with over 500 attorneys across 17 offices in the U.S. and Mexico. Founded in 1938, the firm advises clients ranging from startups to Fortune 500 companies in areas including corporate law, real estate, M&A, and litigation. Known for practical legal solutions and deep industry knowledge, Snell & Wilmer is also committed to diversity and community engagement.
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