REAL ESTATE TECHNOLOGY, ASSET MANAGEMENT
Businesswire | May 11, 2023
CBRE Group, Inc. (NYSE:CBRE) today announced that its property management group has formed a global strategic partnership with Deepki that will bring Deepki Ready, one of the world’s most extensive landlord-focused real estate sustainability data-intelligence platforms to the commercial properties CBRE manages for investors around the world.
CBRE has been using Deepki for properties it manages in the United Kingdom for more than two years; Deepki is now being deployed across CBRE-managed properties throughout Continental Europe, with plans to begin using Deepki in the Americas and the Pacific region as the next step in a global rollout. In an exclusive reseller agreement, CBRE can also offer Deepki Ready directly to its property management clients in the Americas and Asia Pacific region.
In addition, CBRE will make a strategic investment in the rapidly growing, nine-year-old software-as-a- service (SaaS) company, securing a minority share.
“Property owners are increasingly turning to CBRE for help in meeting their decarbonization and other sustainability goals,” said Emma Buckland, global president of Property Management at CBRE. “Deepki is a leading sustainability data-intelligence platform for real estate that provides deep insights that will enable our teams to take informed actions at the building level. This will help us embed sustainability best practices–and add real value–at properties we manage around the world.”
Operating in more than 50 countries, Deepki’s platform enables its customers to collect energy, water and waste consumption data, gain a comprehensive view of environmental performance at a portfolio- and asset-level, establish investment plans to reach net zero, and measure results. It provides superior capabilities for meeting increasingly stringent regulatory and other reporting requirements, as well as for voluntary sustainability initiatives.
Commenting on the new partnership, Vincent Bryant, CEO and co-founder of Deepki, said: “We are extremely proud to be partnering with CBRE, whose outstanding reputation in the real estate space speaks for itself. This partnership is a validation of our market-leading solution and marks a crucial step in our go-to-market strategy to help real estate players tackle climate change and meet net zero targets, particularly in the Americas and the Asia Pacific region.”
Buildings are reportedly responsible for approximately 40% of the world’s carbon emissions, and many institutional investors and multinational corporations, including CBRE, have joined the global effort to combat climate change by pledging to reach net zero emissions by 2040.
In March 2022, Deepki raised €150 million in a Series C round of funding, which was jointly led by Highland Europe and One Peak Partners. Other investors include Bpifrance, through their Large Venture fund, Revaia, Hi Inov, Demeter and Statkraft Ventures.
About CBRE Group
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2022 revenue). The company has approximately 115,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com. We routinely post important information on our website, including corporate and investor presentations and financial information. We intend to use our website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD.
About Deepki
Founded in 2014, Deepki has developed a SaaS solution that uses data intelligence to guide real estate players in their net zero transition. The solution leverages customer data to improve assets’ environmental performance and maximize asset value. Deepki operates in 52 countries, with over 350 team members across offices in Paris, London, Berlin, Milan and Madrid. Deepki serves clients including Generali Real Estate, SwissLife Asset Managers and the French government, helping to make their real estate assets more sustainable at scale.
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REAL ESTATE TECHNOLOGY, INVESTMENTS
PRweb | April 19, 2023
REMLogics, LLC (REMLogics), a leader in modern, cloud-native real estate property management solutions, announced today that their commercial and residential suite of applications are now completely integrated to Intuit’s (NASDAQ: INTU) QuickBooks financial and accounting platform.
“We’re very excited to partner with small real estate property owners and operators to help them better serve their tenants and residents”, shared Donnie Law, CEO and Chief Software Architect at REMLogics. “These organizations can now immediately take advantage of the same modern technology platform and applications that medium to large real estate companies use to manage and grow their businesses.”
REMLogics is best known for providing an eco-system of modern, cloud-native real estate management applications that are built on the industry’s only enterprise no-code development platform. REMLogics clients benefit from robust applications that manage CRM, deal flow, properties, leases, tenants and residents, and billing.
“Our clients are confident their business is running on a modern technology platform that provides them with future-proof software investment protection. We architected our platform and applications to ensure that our clients could scale and grow their business years into the future and always be able to adopt new technologies as they come along.” Law said.
REMLogics is an open platform that can be integrated to other open systems through industry standard REST-based API endpoints. This enables their clients to take advantage of other proptech innovations, such as property marketing, smart building, smart device, utility monitoring, and property maintenance systems. The platform is also built with mobility in mind. All REMLogics applications can be accessed 24/7 from anywhere, at any time, and from any device.
About REMLogics
REMLogics is redefining real estate management for commercial and residential owners and operators. Clients benefit from a modern, cloud-native solution built on the industry’s only enterprise no-code development platform. REMLogics is designed for mobility and integration so clients can respond faster to the ever-changing technology and real estate landscape. Learn how you can drive innovation, embrace new technologies, outpace the competition, and future-proof your real estate management investment by visiting http://www.remlogics.net.
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REAL ESTATE INVESTMENT, MORTGAGE AND LENDING
Roc360 | March 16, 2023
Roc Capital Holdings LLC (Roc360), a financial services platform for residential real estate investors, recently announced its completion of the previously announced acquisition of Finance of America Commercial (FACo) assets. Under the transaction terms, Roc360 acquired the operational assets of FACo, a Finance of America Companies Inc. division specializing in residential real estate investment loans.
Roc360 will give the brand a unique logo and execute it under a new subsidiary using its current name, Finance of America Commercial. It will join Roc360's growing collection of leading real estate’s brands, such as Haus Lending, Roc Capital, Elmsure Insurance, Wimba Title, and Tamarisk Appraisals. The FACo acquisition enhances Roc360's existing origination footprint in its retail and wholesale channels, and the acquired data will contribute to Roc360's data science initiatives. In 2022, the two companies collectively financed over $4.6 billion in loans for business purposes.
FACo traces its origins back over a decade to its forerunners, B2R Finance, Dwell Finance, and Jordan Capital Finance, innovators in the national private lending sector that provided fix-and-flip and landlord DSCR loans to real estate investors. It has funded over $6 billion to 9,000+ individual guarantors across 25,000+ closed loans via its broker channels and borrower-direct.
Arvind Raghunathan, Founder and Chief Executive Officer of Roc360, said, "Roc360 is committed to delivering innovative products and services that help rejuvenate and deliver new and like-new energy efficient homes to America's undersupplied housing stock." He also said, "The acquisition further broadens our reach and ability to make a difference. We will continue to pursue growth opportunities, including acquisitions, that expand our ability to provide solutions to real estate investors."
(Source – Cision PR Newswire)
About Roc360
Roc360 is a vertically integrated platform for residential real estate investors and one of the leading creators of business-purpose loans nationally. The company was established in 2014, employs more than 300 people and funded more than $14 billion in loans through its lending subsidiaries. It is based in New York City with offices across three continents. In addition, Roc360 joined the Deloitte Technology Fast 500, a ranking of the 500 North American companies with the fastest-growing media, technology, telecommunications, fintech, life sciences, and energy tech industries in 2022.
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