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.

"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."

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.