Adam Neumann returns to Israel, this is the new Shikim project

by time news

Adam Neumann (TechCrunch YouTube photo)

There is no need to introduce Adam Neumann. The founder of WeWork, which has begun investing heavily in the real estate world, both in real estate and in technology related to the field, may return to operations in Israel.

The said company is a tenant management platform for property owners. This is a category Multi Family Designation of entire buildings, in different sizes, for rent. It should be noted that the category is highly developed in the United States and Israel and is still in its infancy. According to the company, property management currently devotes less than 2% to technology on average. By comparison, in industries 10% is devoted.

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Alfred is an arena for smart management for a variety of home services, including signing a lease, payments, digital management that allows for preventive maintenance of the property, managing a system of service providers for the tenants, reporting faults and even locating cleaning services.

The company has expanded its operations to 300,000 residents in 143,000 housing units and in 44 cities across the United States and Canada. The good news is that once the property is managed digitally efficiently and clearly, profits can be maximized, operating costs lowered and yields increased. When it comes to the residential experience.

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Now, as mentioned, the company is announcing a fundraising, which means that $ 50 million will also be invested for the acquisition of the asset management company RKW Residential And also for business development, development and international growth. The acquisition will also allow the company access to an additional $ 75 million giving the option to acquire additional companies in the field.

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