Funnel Raises $32 Million to Expedite Adoption of the New Operating Model by Multifamily Leaders
Summary
Property managers and owners plagued by rising costs and increasing labor challenges now have access to a flexible, cost-saving operating model that offers complete enterprise-wide visibility, and an ideal renter journey. "In a sea of acquisitions and frustrating technology shortcomings, the status quo operating model continues to disappoint renters, burn out teams, and limit owners and managers. The future of multifamily leverages enterprise-grade technology, automations and shared services to provide renters and residents the best experience at every step of their journey from inquiry to move-in to renewals all while making teams roles more engaging. In these asset classes, the group includes some of the largest REITs and private real estate owners, operators and developers, who together control approximately 2.5 million rental units. Through its deep expertise and network, RET has created a unique real estate innovation ecosystem that delivers significant value to the companies it backs, providing access to thought leaders, development partners and ongoing strategic guidance.