NEW YORK CITY—Two of the biggest names in commercial real estate technology are joining forces. VTS and Hightower, both headquartered here, said Tuesday they would merge to form the industry's leading leasing and asset management platform under the VTS name.
The combined company will manage a portfolio totaling more than five billion square feet. It will combine the strongest features from the VTS and Hightower platforms, the two companies said Tuesday.
“We're at a pivotal moment in commercial real estate, with the industry beginning to realize technology's true potential,” says VTS CEO Nick Romito, who co-founded the company in 2012. “VTS and Hightower have earned the trust of the top institutional firms, driving significant adoption of both platforms across the industry.”
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Paul Bubny
Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.
