News

The venture capital gold rush in Real Estate

When Jamie Hodari started looking for funding for his New York-based co-working startup, Industrious, in 2012, he didn’t even bother talking to venture capital firms. “We were just so confident that VCs didn’t fund real estate that it wasn’t worth trying,” he said. Instead, Hodari and his co-founder, Justin Stewart,… Read more »

Disrupting Real Estate and Construction

In the wake of the housing market collapse of 2008, one entrepreneur decided to dive right into the failing real estate industry. But this time, he didn’t buy any real estate to begin with. Instead, Glenn Sanford decided to launch the first-ever cloud-based real estate brokerage, eXp Realty. Contracting a… Read more »

MetaProp launches $100M fund

MetaProp is looking to raise its largest fund to date. The company is targeting $100 million for its latest fund, according to documents filed with the Securities and Exchange Commission. Co-founder Aaron Block is listed as the fund manager. The New York-based company is best known as an accelerator for… Read more »

NAR’s venture capital arm is now a blockchain investor

The National Association of Realtors is betting on the blockchain. NAR’s venture capital arm Second Century Ventures said it was investing in Propy, a San Francisco-based real estate transaction platform startup, according to Inman. The announcement is a substantial, considering NAR is the nation’s most powerful real estate trade organization, with 1.3 million… Read more »

Putting PropTech to Work

If there was any doubt that investor enthusiasm for proptech is stronger than ever, let this statistic put it to rest: In the first half of 2019 alone, investment in proptech hit $12.9 billion — eclipsing the previous record of $12.7 billion invested for the entirety of 2017, according to CRETech. With… Read more »