Knock will use the new capital to continue growing its go-to-market and product teams while furthering its front office product roadmap, including a suite of productivity and business intelligence tools that are critical to improving occupancy and renewal rates.

While U.S. chair restaurant transactions is down for the last full week of April, compared with a year ago, the numbers are improving slightly from the prior week, even before states start to allow restaurant dining rooms to reopen.

Although COVID-19 has certainly disrupted the real estate world, it has also, paradoxically, generated a novel opportunity for the industry and its evolution.