Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Photo of Arie Barendrecht Barendrecht: “Investors, developers and building owners who are here to compete are certainly taking note.”

NEW YORK CITY—An investment group led by Bessemer Venture Partners and Fifth Wall Ventures has acquired a majority interest in WiredScore, which rates technological infrastructure in commercial properties. Deal terms were not disclosed; the sale completes the formal divestment by Jared Kushner, who co-founded the company in 2013 and whose majority stake was reportedly valued at between $5 million and $25 million. Kushner had served as an advisor to WiredScore until assuming a position with the Trump administration earlier this year.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

More from this author


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.