The firm expects to raise a total of $150 million in equity for the venture fund, which will target real estate technology investments.

The tech industry expanded in the market during the pandemic, attracting investment capital.

"There are still fewer competent BTR operators in the market than there is capital," says Sudha Reddy of Haven Realty Capital.

A local family trust purchased the property, Elements 616, a 105-unit apartment complex.

Inflation will ensure a higher cost of capital this year, but commercial real estate remains the best inflation resistant investment vehicle.

Despite the diminished demand for office space, 8.8 million square feet will deliver into the market this year, the second highest delivery since 2007.

Global supply chain disruptions are wrecking havoc on the construction industry, but who is ultimately responsible when materials shortages cause delays?

Bullock Capital acquired the 27,440 square-foot building, which is anchored by Comfy | Enlightened, a Siemens Real Estate subsidiary.