HOUSTON--RealNex, the real estate technologysolutions company formed by Pavonis Group, hasacquired the online portal and app Ten Eight, adeal automation and management solution for brokers and landlords.Ten Eight joins REA, REI Wise andProperty Line to further boost RealNex's suite ofproduct offerings.

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"Ten Eight changes the time-consuming process of running dealsand tracking the leasing activity of a broker'slistings by automating much of the mandate processes involvedin both,” said Patrick Braswell, CEO of Ten Eight,to GlobeSt.com. “Essentially, it gives commercial real estateprofessionals time back to get in front of more deals,therefore closing more transactions."

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The online portal allows all parties involved in a transactionto efficiently share communications, eliminating the need for anyother type of correspondence. The platform stores information to beaccessed online anywhere at any time.

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“Bringing Ten Eight to RealNex allows us to further diversifyour platform and better serve the commercial real estate community.It provides a state-of-the-art solution that will drive efficiencyto the entire transaction process for tenants, brokers andlandlords alike,” said Jeff Finn, partner withPavonis Group, and CEO of RealNex.

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Ten Eight also brings unique features to the RealNex. Itprovides lease-tracking solutions and an automated property indexthat allows landlords to track and share leases and view anyactivity in real time through organized floor plans by squarefootage. Ten Eight's “tourbook” app allows brokers to sharelistings, images and leasing documents on or offsite that caneasily be displayed on all mobile devices. It also automates aproperty index and offers an interactive map to best visualize theproperty and surrounding location.

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“We at Ten Eight are thrilled to become part of RealNex andwelcome the opportunity to participate in a suite of companiesproviding better solutions to the commercial real estate community.It's incredible what technology can do to make processes easier andmore streamlined,” said Braswell. “While we are a real estate techstartup, in existence for over two years, our team has over 10years of brokerage experience. It's a significant step for us to beable to take our product to another level with Pavonis Group'sinsight and expertise.”

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