For Sale: Real Estate Technology
Real estate assets are a major contributor to the U.S. GDP. Now consider the amount of work it takes to maintain such a large asset class, which consists of all residential and commercial buildings around the country. Real Estate Technology (“RETech”) companies are doing just this, developing web and mobile solutions capable of addressing the multiple pain points associated with developing, owning and renting real estate.
The fundamental value proposition of RETech is to leverage technology to unburden property owners, operators, tenants and facilitators through streamlined, consumer-centric solutions that make business more efficient. All players within real estate are benefitting from these solutions as i) brokers are decreasing close times ii) property managers are servicing maintenance requests quicker and reducing vacancy rates and iii) buyers have access to more inventory. Accordingly, Catalyst believes that new market entrants, following the success of publicly traded players (Zillow, Redfin and Realpage) and industry unicorns (WeWork, Opendoor and Compass), are going to further change the very fundamentals of real estate operations.
At Catalyst, we employ a proactive, research-based approach to investing, targeting sectors experiencing outstanding growth. If you are a growth-stage RETech company seeking investment, our team would like to hear from you. Please send inquiries and business plans to [email protected].