How Proptech Benefits From The Squeeze Between Investors And Institutions
brandonlin
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1 minute read
Proptech startups are booming.
According to recent data from Crunchbase, VC-back real estate companies have raised nearly $11 billion this year, up about 22 percent from a year ago. That surge is being fueled by a number of important trends like low interest rates, a red-hot construction market, and government spending, but the center of this proptech surge is the flood of institutional money into real estate.
