Ash Zandieh Ash Zandieh

Commercial global real estate tech investment volumes increased in April. According to research from CRETech, tech investment in the industry increased 13% last month over activity in March 2019 with 18 deals totaling more than $1 billion. Year-over-year, CRE tech investment increased 121%. US companies led this activity, accounting for 88% of all venture investments and 48% of deal volume.

“Globally, the residential real estate market received the most attention in April with 62% of all deals going to residential real estate tech companies, totaling $665.7 Million in venture funding. On average, two of seven real estate tech companies that received funding were residential transaction platforms, with the largest capital raise going to Perch,” Ash Zandieh, chief intelligence officer, tells “In terms of vertical,  three of seven real estate tech companies, either in residential, commercial, hospitality, construction, or others were marketplace startups, including Lyric and Selina.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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