NEW YORK, May 13, 2015 /PRNewswire/ -- RealConnex, an innovative online platform for the commercial real estate industry, announced today that $10 billion in available capital funds is now hosted on the site and available for members. The announcement comes less than six months after the launch of the site and represents a significant step forward in the commercial real estate technology market. The company's rapidly expanding membership, representing the most important sectors in the commercial real estate ecosystem, now has more opportunity than ever before to expand its portfolio and find new business opportunities across the United States.
"Reaching this level in such a short amount of time is nothing less than extraordinary," said Roy Abrams, CEO of RealConnex. "What we have proven is that our online platform is capable of aggregating huge sums of available capital for members searching to make new commercial real estate deals. This is undoubtedly a paradigm shift in the way the market will operate in a 21st Century, connected economy. As our site continues to grow in all aspects, RealConnex will continue to provide its users the most comprehensive and confidential commercial real estate site available."
Abrams established RealConnex to provide an online meeting place for real estate professionals to connect to new capital, investments, services and opportunities. By bringing together all aspects of the real estate market, Mr. Abrams has created the most comprehensive B2B commercial real estate site in the world and has delivered a way to securely find, network and transact.
Launched in 2014, RealConnex is an unparalleled platform that bridges technology, finance and commercial real estate by matching developers, capital, funds, investors, lenders, advisors, joint ventures, partners and service providers in real time. RealConnex was named one of the top 150 startup companies in the world at the 2014 Web Summit conference and has attracted membership from the most influential commercial real estate groups in the country.