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Scott Rechler, RXR Realty to Raise $250M Proptech SPAC

Beyond its bricks-and-mortar holdings, RXR has been one of several real estate players to invest in proptech in recent years. According to regulatory filings, RXR Digital has backed 10 proptech companies, including smart-lock maker Latch, which plans to go public via Tishman Speyerโ€™s SPAC. It also invested in Metropolis, a parking startup; VTS, a lease management platform; Kitchen United, a ghost kitchen startup; and Eden, an office management firm which purchased Managed by Q from WeWork. No...
New York United States Jason Barnett Martin Luther King Jr Scott Rechler Getty Barry Sternlicht

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