Proptech Funding Is Surging, With Construction And Property Management Leading The Pack – Crunchbase News

Funding to venture-backed proptech companies has surpassed pre-pandemic levels, according to Crunchbase data, with construction tech and property management startups leading the way.

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VC-backed real estate companies have raised $10.6 billion so far this year, up from the $8.3 billion that was raised during the same period last year, and higher than any year in that period in the past decade.

“One of the things that also helped was the fact that the real estate market has been so hot,” said Koda Wang, co-founder of Block Renovation. “That sort of had  a ripple effect across proptech.”

The sectors within proptech to receive the most funding so far this year are property management startups ($2 billion YTD) and construction ($1.9 billion). Among the largest funding rounds for proptech companies so far this year are ServiceTitan’s $500 million Series F and Loft’s $425 million

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2. Real estate investment trust (REIT): Some get involved, by buying shares in a Actual Estate Funding Trust, which is usually referred to, as a, REIT.

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Property Management Market to Witness Stunning Growth -Skyline Property Management, RealPage, ARGUS Software, Oracle – 2×6 Sports

Property Management Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors in Service Industry. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis. It also provides market information in terms of development and its capacities.

Property management is the operation, control, maintenance and supervision of real and physical assets. This can include residential, commercial and land real estate. The growing adoption of the Software as a Service (SaaS) model for property management is driving the growth of the market.

In addition, the development of inclination towards mobility in the workplace and the growing demand for outsourcing services are other factors

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TPM Director of Property Management, Kimberlee Carr Nominated as Finalist for IREJ AWARDS 2020 Superstar

CHICAGO, July 13, 2021- TAWANI Property Management is proud to announce that Kimberlee Carr, Director of Property Management, is a finalist in the 2021 IREJ Awards in the “2020 Superstar” Category.

Kimberlee Carr was a “superstar” last year. Kimberlee’s diligent oversight, combined with her superior property management skills, enabled her to facilitate TAWANI Enterprises’ extensive real estate division portfolio in an unprecedented year of challenges. Her nomination as a finalist is a celebration of her achievements and success at staying abreast of industry changes to provide excellent levels of service and care to clients.

The IREJ award is presented to a property manager who demonstrates exceptional service, dedication, and professionalism. It’s a recognition of her passion for the real estate industry. She has demonstrated excellence, dedication, and commitment making her worthy of this award.

With Kimberlee at the helm, the TAWANI Property Management team quickly adjusted to the new norm

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The 20 Best Property Management Companies in Austin

When you invest in properties, you have to manage them, but if your portfolio gets large or you invest outside of your area, you need a quality property management company to help. When you buy a home through Roofstock Marketplace, they help match you with the top property management companies in the area.

If you’re investing in Austin, TX, here are the top property management companies to consider.

1. Agave Properties

Agave Properties uses modern technology to manage its properties and keep landlords in the loop. They are efficient and transparent in their services, and they boast a low eviction rate thanks to their stringent tenant screening process.

Agave includes background and financial checks of each applicant and handles all communication, rent collection, bill paying, and financial statements. Agave offers 24/7 maintenance, and they do most of the work themselves rather than hiring outside contractors.

2. Ambassador Property Management

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Accounting firm Proper banks $9M Series A to automate property management – TechCrunch

Proper, an automated accounting and bookkeeping service for property managers, announced Wednesday it raised $9 million in Series A funding in a round led by QED.

Existing investors MetaProp, Expa and Bling Capital also participated in the round, which gives the San Francisco-based proptech company a total amount raised of $13.8 million. The company brought in $4.8 million of seed funding last August.

CEO Mark Rojas, whose background is in product development, founded Proper in 2017 after spending a year-and-a-half learning the ropes in a property manager’s office. He was looking at the maintenance side of the business when he realized how much the accounting part of the business “was almost a dumpster fire.”

“I knew the space was rife with problems to solve and how much accounting was a bigger part of the operations that needed to be executed each month and tied everything else together,” Rojas told

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Blue Ridge Companies Celebrates Residential Property Management Careers Week | Business

HIGH POINT, NC –  Join Blue Ridge Companies as they celebrate Residential Property Management (RPM) Careers Week. This is a way to highlight all the great careers available in Residential Property Management and thank their teams for everything they do daily to keep their properties running and residents happy.

Each day during the week, Blue Ridge Companies along with the National Apartment Association (NAA) will celebrate a different facet of RPM. 

Monday: Maintenance Monday thanking Blue Ridge’s maintenance teams for all their hard work keeping the properties running – from refrigerators to the pool.

Tuesday: Thank a Teammate Tuesday. This is a chance for our teams to thank their coworkers and for residents to thank the teams for all they do onsite.

Wednesday: Apartment Onsite Teams Day. This day shows appreciation for all RPM professionals who work with Blue Ridge Companies. This is a way to show appreciation

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What Type Of Investment Is Best For You? Here Are 6 Reasons That Rental Properties Make A Great Choice. by Dave Sweyer

Though purchasing rental properties may not be the first thing that comes to mind when you hear, “easy investment,” perhaps it should be. Why? Investing in rental properties comes with many advantages that can’t be found with other types of investments. They provide many tax advantages, offer some variety, can be purchased using borrowed funds, and, if you partner with an experienced property management company, can require little involvement from you, the investor. Here are six reasons that purchasing rental properties is a great choice for today’s real estate investors.

 

1. People Will Always Need Places to Live

Unlike other types of investments (think stocks and bonds), people will always need places to live. And, if people can’t or don’t want to buy, they’ll be looking for rentals. Investing in something that is always high in demand will inevitably be good for your bottom line, especially if you

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