REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT
PRnewswire | April 17, 2023
Global X ETFs, the New York-based provider of exchange-traded funds (ETFs), today announced the launch of the Global X PropTech ETF (PTEC). This fund, which provides exposure to companies positioned to benefit from innovations in property technology, is Global X's latest addition to its growing suite of thematic-based funds.
The global real estate market comprises over $325 trillion in assets.i, and the opportunity for disruptive technology in this market is massive. From property management software to internet-of-things-based property monitoring to virtual reality tours, there is no shortage of new tools emerging for sellers and homeowners alike. By providing exposure to the companies that are positioned to benefit from the technology that optimizes the way people buy, sell, rent, design, construct, manage, and research and market residential and commercial properties, PTEC can help enable investors to capitalize on this growth.
"The process of both finding and maintaining a home is becoming increasingly reliant on cutting-edge technologies and real estate digitization," said Pedro Palandrani, Director of Research at Global X ETFs. "With the launch of PTEC, Global X is leveraging its expertise in thematic investing to offer investors exposure to companies investing in the technology that should meet the needs of this vast, addressable market."
The Global X PropTech ETF (PTEC) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Global X PropTech Index. The fund has an expense ratio of 0.50%.
About Global X ETFs
Global X ETFs was founded in 2008. For more than a decade, our mission has been empowering investors with unexplored and intelligent solutions. Our product lineup features over 100 ETF strategies and over $38 billion in assets under management.ii While we are widely recognized for our Thematic Growth, Income, Commodity and International Access ETFs, we also offer Core, Risk Management, Digital Asset, and other solutions to suit a range of investment objectives. Explore our ETFs, research and insights, and more at www.globalxetfs.com.
Global X is a member of Mirae Asset Financial Group, a global leader in financial services, with more than $480 billion in assets under management worldwide.iii Mirae Asset has an extensive global ETF platform ranging across the U.S., Brazil, Canada, Colombia, Europe, Hong Kong, India, Japan, Korea, and Vietnam with over $80 billion in assets under management.
REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT
Businesswire | April 18, 2023
Real Title, a digital closing platform that provides a seamless search to close experience for real estate professionals and their clients, today announced it has launched Real Escrow of California to perform escrow operations exclusively in California. Real Escrow is a California escrow company built on industry-leading technology to enable agents to deliver a faster, better experience for their customers. Acquired by The Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX) in 2022, Real Title’s expansion to California gives the company a presence in six states, including Florida, Georgia, Texas, and Utah, in addition to Arizona, which launched earlier this month.
Real Title expects to be operational in at least 10 states by the second half of 2023. To support its continued growth, the company recently hired Brad Miller as National Director of Title. A 17-year veteran of the title industry, Miller will oversee Real’s title and escrow teams nationally, national underwriting partnerships, workflow processes, and vertical tech stack.
“We’re thrilled to begin offering escrow services in California and to welcome Brad to the Real team,” Sean Daly, Real Title Founder and CEO, said. “California is the fastest growing state in terms of agent attraction for Real and, because we consider ourselves one of the most innovative title companies in the industry, we are excited to launch in a state that is home to incredible name-brand technology companies.”
Miller joins Real Title from OS National, LLC where he served as Managing Director of Title Operations since 2020. Earlier, he oversaw the operations of Opendoor Title Holdings, a joint venture between Opendoor and OS National. Miller spent nearly 14 years at Amrock, beginning his career in 2005 as a Team Leader in Tax and Title Operations before being promoted to Vice President of Title Operations, a position he held for nearly nine years. Miller holds a bachelor’s degree from Michigan State University.
About Real Title
Founded in 2019 as Expetitle, Real Title streamlines the paper and time intensive settlement process through an in-app experience that allows agents and their clients to track the progress of their transaction, communicate and upload and store documents though a secure, collaborative environment. Real acquired the company in 2022 as part of its vision to provide agents and their clients with an end-to-end technology-driven search to close experience.
About The Real Brokerage
The Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX) is revolutionizing the residential real estate industry by pairing best-in-class technology with the trusted guidance of the agent-led experience. Real delivers a cloud-based platform to improve efficiencies and empower agents to provide a seamless end-to-end experience for home buyers and sellers. The company was founded in 2014 and serves 45 states, D.C., and three Canadian provinces with over 10,000 agents. Additional information can be found on its website at www.onereal.com.
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.
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.