We are on a mission to increase returns on traditional real estate by adopting technology without taking additional venture capital risk.

In doing so, our downside is a quality real estate return. Our upside is increased alpha, both directly at the property level and indirectly at the venture / tech level—from a profits interest in the proptech companies. This strategy allows us to fill the capital gap between real estate and venture capital that currently limits mass adoption of otherwise viable proptech innovations that require real estate capital.

This thesis can be applied to all real estate, but the current opportunity is strongest for workforce housing.