RET Ventures

Apartment self-touring took off in the throes of the COVID-19 pandemic, but years after the pandemic, self-touring remains extremely popular for prospects and operators alike, which spurred us to lead the recent Series B funding round for Tour24. Tour24 sets the bar when it comes to self-touring technologies, enabling prospective residents to schedule and enjoy a curated tour of vacant units and amenity spaces, with pre-recorded audio about specific property elements. In addition to enhancing the touring experience, Tour24’s technology is designed to improve the leasing process for multifamily owners-operators, helping to optimize operational efficiency — getting units filled faster — and reduce related costs. Congratulations to Tour24 Founder and CEO Georgianna W. Oliver and the entire Tour24 team! Learn more about our investment in Tour24: https://lnkd.in/gyEE5rB5

For multifamily owners and operators, efficiently managing vendor relationships across large portfolios can cause major challenges. The industry is in need of a solution that modernizes this process – leading us to our most recent investment in Revyse. Revyse’s all-in-one vendor management software is specifically built for multifamily, enabling owners and operators to manage intricate vendor contracts from one centralized platform. The AI-powered software tracks contracts and agreements across enterprises, providing unparalleled visibility into spend and revenue opportunities. Revyse also features a marketplace for multifamily owners to search for and engage with potential vendors, streamlining the procurement process and empowering owners to make more informed decisions. Revyse has already seen significant traction, and we’re looking forward to supporting the company as it continues to refine its product and expand its reach. Congratulations Bobbi Steward, Ben Steward, and the entire Revyse team!

Following the Federal Reserve’s interest rate cuts last month, the real estate tech industry is discussing what these and potential future rate cuts mean for the sector in the short and long term. In a discussion with Commercial Observer’s Philip Russo, RET Vice President Melissa Fagan discusses why technology serving the housing and construction industries will see the biggest benefit and the potential impact of rate cuts on VC activity. Check out the full story to learn more: https://lnkd.in/ecy435KT 

Technology focused on centralizing operations is a growing priority for multifamily operators looking to cut costs and boost efficiency. This growing trend was a significant factor in our most recent investment SuiteSpot. Created to centralize multifamily maintenance and capital project management, SuiteSpot leverages AI-driven tech to streamline maintenance – from work order origination and execution to vendor management and resident communication. The platform also enables owners to track key metrics like turn time, budget use, and potential future spend across their portfolios. SuiteSpot has already seen significant traction and is tracking to be deployed across over 500,000 rental units, solidifying it as a key solution for operators looking to boost NOI. Congratulations Elik Jaeger and the entire SuiteSpot team, and to fellow investor UDR - Opening Doors to your future! https://lnkd.in/exq74VPS

We’re honored to have several of our executives recognized for the second consecutive year on Commercial Observer’s Power Proptech list! Seven years after RET’s founding, our collaborative ecosystem of strategic investors now comprises north of 50 engaged owners, operators and developers of multifamily and single-family rental properties, and our 40+ investments have improved real estate investment and operations across the country. Thank you to reporter Philip Russo for the article, and to all our stakeholders for helping us positively impact the industry! Read the full article honoring John Helm, Christopher Yip and Jameson Hartman, CFA: https://lnkd.in/eMnXRsXP 

Less than a week out from Blueprint Las Vegas, we’re excited for the Multifamily Kick-Off Summit on Tuesday, September 17, as well as the larger three-day event which promises to feature a wide range of conversations on real estate innovation. As the number of multifamily tech solutions continues to grow, many property owners and operators are grappling to determine which tools to focus on and how to roll them out across their portfolios. Join RET Senior Advisor Shawn Mahoney for the final panel session of our ‘Multifamily Kickoff Summit’ on Tuesday at 4:05 pm, during which panelists Saharsh Chordia of Cortland, Rowland Hobbs of Stake, and Brandon Tobman of Get Covered will talk about the best ways to approach deployment and integration.   Interested? Register at https://lnkd.in/eSf6jKJa

Artificial intelligence (“AI”) is sweeping the globe, and has transformed the real estate industry dramatically. From the construction site to the back office, AI tools built on sector-specific, high-quality data are improving the way apartment communities operate, benefitting residents and operators alike. Join us for a robust discussion on AI at RET Ventures’ ‘Multifamily Kickoff Summit,’ Tuesday, September 17 at 3:25 pm. The panel discussion, moderated by RET Vice President Jaymie Fung Bingham, will feature panelists Stephanie Gonzalez of Venterra Realty, Ardalan Khosrowpour of OnsiteIQ and Russell Franks of PredictAP, Inc., and, and will explore the incredible impact AI is already having on multifamily real estate. https://lnkd.in/eXk_5UGW

As we approach September, we’re gearing up for RET Ventures' ‘Multifamily Kickoff Summit’ at Blueprint: The Future of Real Estate on Tuesday, September 17. The first panel at the summit will focus on the benefits of centralized operations, with moderator Christopher Yip from RET and panelists Joshua Glastein of Berkshire Residential Investments, Fred Schreiber of AMLI Residential, Elik Jaeger of SuiteSpot and Georgianna W. Oliver of Tour24. Join us for this informative discussion; if you haven’t registered for Blueprint yet, use this link to save $300 on your All-Access pass: https://lnkd.in/d2yteERA 

On September 17, in partnership with Blueprint: The Future of Real Estate , RET Ventures will be hosting its 2nd annual “Multifamily Kick-off Summit” at Blueprint Vegas. Joined by many of our strategic investors and portfolio companies, the RET team will lead panel sessions exploring how technology is pushing the #multifamily sector forward. Interested in joining us for an afternoon of illuminating discussions? To learn more, visit: https://lnkd.in/eKrN2S3R

“Within our portfolio companies, almost every single startup is leveraging AI in some fashion, from co-pilots that help improve operation team efficiency to client-facing chatbots to leveraging machine learning for 3D map cleanup. AI has moved the needle significantly in helping startups improve their product offerings and operating efficiency.” RET Ventures Principal Aaron Ru shared his thoughts on AI, venture investment and more in Philip Russo's proptech outlook in the Commercial Observer. Read the full article with more of his insight here: https://lnkd.in/eFTyhgAV