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Technology-Enabled Self Tours Helping Fill COVID-Era Apartments

A second novel coronavirus surge currently sweeps the land. Herd immunity remains at least months off. Apartment building vacancies continue climbing. And according to the National Multifamily Housing Council, rent collections have fallen in November 2020 versus their levels of both last month and November 2019.
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Landlords back RET ventures to find property-technology bets

The firm owns a stake in SmartRent, which makes a home operating system for residential properties and has agreed to go public via a SPAC merger. Because of that position, its first fund is slated to deliver a multiple on invested capital of at least 5, according to people with knowledge of the matter. RET’s newest fund has backed companies including construction-design firm Falkbuilt and PassiveLogic, a maker of building-control systems. Helm said the fund is about 25% drawn and he expects i...
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