REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT
Keyway | November 02, 2022
Keyway, the technology platform that radically simplifies commercial real estate transactions, today announced the closing of its first multifamily acquisition in the Dallas-Fort Worth area, the 157-unit Lakeside on Spring Valley apartment community in Richardson.
The complex has 15 buildings with one- and two-bedroom residences, with an average unit size of about 800 square feet. It also has two resort-style swimming pools and frontage on a private lake. Its location at 1000 W Spring Valley Road offers easy access to both Interstate 635 and Highway 75 and a quick commute to some of DFW's major employment centers in Downtown Dallas, Plano, Allen, and McKinney. The Lakeside community will be rebranded after a $3 million renovation.
"We are excited to enter the Texas market with such a well-managed and well-known property. The fact that it has never traded before, coupled with the fact that the deal was transacted off market, are both a testament to how we are approaching multifamily and Texas overall. We want to be the best partner for owners and brokers who are serious about getting deals done smoothly and efficiently, and we expect this to be the first of many transactions for Keyway in the market."
-Matias Recchia, Keyway co-founder and CEO
Keyway dramatically simplifies CRE transactions by reducing costs by 50% and transaction time by 90%, benefiting brokers, sellers, and buyers alike. Keyway also fills an important gap for those institutional investors not structured to handle smaller deals, while at the same time providing a predictable and efficient process for every transaction.
Keyway's platform is built to provide creative and efficient real estate solutions to both investors and to smaller operators, We're seeing tremendous product-market fit and are excited to continue transforming real estate with technology,said co-founder and COO Sebastian Wilner.
Keyway is the company dedicated to building the new CRE ecosystem. They identify opportunities and run transactions smoothly providing an uncommonly simple experience for sellers of commercial real estate. The company launched in 2021 and is headquartered in New York.
REAL ESTATE TECHNOLOGY,AGENT
SkySlope | January 10, 2023
Oregon Real Estate Forms, LLC (OREF) has recently added the SkySlope disclosure solution, Breeze, to its benefits program.
Breeze is a simple, guided digital workflow that helps agents and sellers easily complete disclosure forms.
OREF, based in Eugene (Oregon), develops and licenses real estate transaction and advisory forms for real estate professionals in Oregon. Almost a year ago, the organization turned to SkySlope to overhaul the experience of digital forms for the agents.
"Since its launch, OREF's partnership with SkySlope has been incredibly successful," says OREF CEO Melissa Peterson. She added, "SkySlope's ease of use, award-winning customer service, and time-saving functionality has helped to reinvent the form-filling process for our members. As we looked to 2023, we were interested to see how we could grow our partnership with SkySlope to optimize our member experience and provide additional value."
(Source: PR Newswire)
SkySlope Breeze, a digital disclosure solution that converts seller disclosures into a guided digital questionnaire, is being incorporated by OREF into their member benefits package to broaden its offerings.
"Breeze provides a guided workflow that helps sellers complete complicated disclosure forms with ease," says Peterson. "It's a win for sellers - and that's ultimately a win for agents."
(Source: PR Newswire)
Breeze transforms fill-in-the-blank disclosure forms like Oregon's SPDS into user-friendly procedures. This simplifies the time-consuming, legal jargon-heavy disclosure procedure. On the back end, sellers' responses populate form fields, resulting in complete disclosure forms. Breeze's convenience increases with in-app messaging that allows sellers to integrate comments or questions for agents in the workflow.
SkySlope, a California-based prop-tech company, is trusted and innovative. Over 650,000 U.S. and Canadian real estate agents and 15 prominent U.S. brokerages use its digital transaction management platform. The startup wants to produce the best autonomous transaction platform. SkySlope lets brokers, agents, auditors, and transaction coordinators handle deals from contract to close. Its product package lets real estate professionals spend less time in front of a screen and more time helping customers.
REAL ESTATE TECHNOLOGY,HOME AND DESIGN
Rently | January 12, 2023
Rently, the industry leader in self-touring and smart home technology solutions, recently introduced a new feature on its Smart Home App. This new feature will assist technicians in accelerating the installation process using automated tools. It will also enable property managers to receive real-time notifications about successful smart home activations.
Installers can now easily verify their identity and begin the installation process using Rently's Smart Home App. The app also provides stepwise instructions, guiding the installers through the entire process. This removes the need to call technical support to activate devices, which leads to significant time savings.
Merrick Lackner, the CEO of Rently, states, "Rently recognizes the critical role that installers play in the deployment of smart home technology." He further added, "By eliminating the requirement for installers to contact intermediary technical support teams—just to verify device testing and activation—we hope to save them time, facilitate their projects, and make it easy for them to report their success to managers who receive these real-time updates on their Rently desktop portal."
(Source: PR Newswire)
Communications between smart home technicians and managers can now be synchronized using Rently's app. This will help save time and eliminate the uncertainty faced by property managers, who would otherwise have to wait for tenants to confirm if their smart home devices are working correctly.
Based in Camarillo (California), Rently is a premier provider of self-touring and enterprise smart-home platforms. The company, established in 2011, serves single-family and multi-family operators. The platform provides convenient and cost-effective solutions to optimize and automate leading, collaborating with over 3,500 operators and enabling more than 15 million self-tours. In addition, Rently's enterprise smart-home vertical allows keyless self-tours, optimization of resident access, monitoring of units, and reduced utility costs from anywhere in the world.