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VC firm RET Ventures has closed a second $165 million fund backed by a base of strategic investors. The fund’s investors included more than 40 multifamily and single-family real estate owners, operators, and developers across North America that serve as technology development partners and customers for the startups RET invests in.

Participants in the RET Ventures Fund II include affiliates of major multifamily REITs including Essex Property Trust, Invitation Homes, Mid-America Apartment Communities and UDR and as well as private owners and managers like BH Management, Bozzuto, Cortland, Edward Rose & Sons, Greystar Real Estate Group, Starlight Capital, Starwood Capital Group and Waterton.

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