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Venture executive recognized for leadership helping entrepreneurs in proptech reimagine residential and commercial real estate ... | May 2, 2023
A traditionally fragmented industry is finding efficiencies from software, young tech talent, smartphones, and WiFi availability.
Rising interest rates have turned multifamily buildings from surefire income into an accounting problem. Proptechs are stepping up.
SK D&D, a real estate developer, and Yanolja Cloud, an artificial intelligence (AI) based software-as-a-service company, announced on Tuesday that they established a joint venture named Connectfy Cloud, in order to create a proptech business. Proptech, a portmanteau of the words “property” and “technology,” refers to the application of information technology and platform economics for the real estate industry.
A lot of the work could come from overseas flex operators breaking into the U.S. market and needing services.