Real Estate

PropTech solutions aim to digitize, modernize and drive efficiency in the Real Estate, Construction and Mortgage sectors. These underlying sectors represent massive markets which have historically been laggards in terms of technology adoption – this is driving a large and fast-growing market for PropTech solutions.

PropTech has a number of sub-sectors, dictated largely by the end-users which they serve, including: commercial & multi-family, single-family residential, integrated workplace management (IWMS), short-term rental, construction and mortgage. Each of these sub-sectors remains highly fragmented in terms of software solutions. From pre-construction and design phases to purchase/leasing and ultimately property management, space management and capital planning, a wide array of solutions exist to digitize what have historically been manual processes.

The large underlying asset class and significant greenfield opportunity has driven significant investor interest in the space over the last decade. Additionally, PropTech is a rapidly growing market supported by macro tailwinds — including COVID-19 which fundamentally changed the way tenants interact with real estate assets, increased adoption of cloud based CRE solutions, altered the homebuying process and drove industry focus on optimizing assets and reducing operating inefficiencies — which ultimately accelerated the speed of enterprise digital transformation.

PropTech is a key area of focus for our firm and we have an unparalleled track record of successfully advising leading vendors in the space. We have advised on more than $7Bn+ in total transaction value across sell-side, buy-side and capital raising mandates in recent years. Our experience touches nearly every area of PropTech including multi-family, commercial, single-family, IWMS, short-term rental, construction and mortgage.