Unison Co. Taps UBS and Cantor Fitzgerald for $500 Million IPO

Unison Co. has selected UBS Group AG and Cantor Fitzgerald LP as lead underwriters for its planned initial public offering in the United States. The San Francisco-based firm aims to raise up to $500 million, with a potential market debut scheduled as early as November.

Unison specializes in residential equity-sharing agreements, providing homeowners with upfront cash in exchange for a share of the property's future value appreciation. This model allows homeowners to avoid traditional monthly debt payments, as obligations are settled only when the home is sold or refinanced.

The company is pursuing the offering at a time when high mortgage rates have limited traditional home-equity lending options. This economic environment has increased consumer interest in alternative real estate finance vehicles like equity-sharing.