CBRE, Prologis, Lennar and Hines are among the anchor investors for newly formed real estate technology-focused VC firm Fifth Wall Ventures, which has just closed its $212m fund.
US-based venture capital firm Fifth Wall Ventures officially launched yesterday with $212m from a syndicate of limited partners that includes several corporates, and will seek to invest in real estate technology developers.
Fifth Wall’s anchor investors include real estate services provider CBRE, real estate and warehouse logistics company Prologis, house builder Lennar, office space developer Hines, apartment owner Equity Residential and real estate investment trusts Macerich and Host Hotels & Resorts.
Lowe’s, the home improvement retailer that owns corporate venturing…