The real estate advisory firm started a year ago by Paul J. Massey, Jr. notes this could mean growth opportunities especially in Harlem, Bushwick and Queens.

The capital will help Spruce expand its market presence outside of Texas, beginning with Denver, enable the company to scale its sales and marketing capabilities, and continue software development efforts.

With Bronx Shepherd Restoration Corporation, the New York City-focused real estate firm preserved the apartments across 19 buildings.

The new division will be rebranded under the acquired agency's name, ATYPICAL.