VTS Selected as a 2021 Real Estate Tech Awards (RETAS) Winner
The VTS team is pleased to announce that we’ve been selected as a grand-prize winner in the 8th annual Real Estate Tech Awards (RETAs) in the Mature Growth category. Presented by CREtech, the world’s leading community devoted to technological innovation in the real estate sector, the RETAs are the most prestigious award in proptech.
What VTS CEO Nick Romito had to say: “We are honored to be recognized as a RETAS Grand Prize Winner. It’s a true testament to both the value of property technology in CRE and the impact of VTS' contributions on the ever-growing industry of innovation and possibility. We look forward to what’s to come for VTS as we continue to navigate a world post-COVID-19 and beyond.”
What are the Real Estate Tech Awards (RETAs)?
Sponsored by Colliers, the #RETAS are the leading international awards honoring excellence in commercial real estate technology. The awards recognize the most cutting-edge companies that have played an integral role in advancing tech in the industry throughout the year. Backed by the leading voices and thought leaders in the CREtech industry, the awards were open to startups or technology companies servicing the industry. VTS was carefully selected as a winner by the #RETAS elite panel of judges, including the leading VCs, angel investors, and corporate investors, and thought leaders in the commercial real estate tech industry.
Why was VTS selected as a 2021 RETAs award winner?
Since our inception, our mission has been to be commercial real estate’s modern operating system. Today, the VTS platform is now the industry standard used by 45,000+ CRE professionals for centralized operations, powerful digital marketing, and intelligent investing with real-time market data. Our platform provides solutions for every sector of the industry.
Prior to VTS, commercial real estate didn’t have a centralized platform for data and was fueled by spreadsheets and back-of-the-napkin deals. Now, VTS captures the largest first-party data source in the industry, delivering real-time insights that fuel faster and more informed decision-making and connections throughout the deal and asset lifecycle.
Over the course of 2021, our company has made significant strides. We’ve continued providing the industry with a free market data resource by distributing the monthly VTS Office Demand Index (VODI) reports. Following successful launches in New York City and Boston, in February, we announced the launch of VTS Marketplace — our free online office listings site purpose-built for tenant rep brokers — in Washington, DC. We also released our second annual 2021 VTS Global Office Landlord Report, which showcased new research on the strategies landlords are using to navigate COVID-19 and beyond.
In March, we announced our acquisition of Rise Buildings — the property operations and tenant experience solution used by top landlords including Blackstone, Hines, and CIM Group — to continue our journey of modernizing the entire asset class experience for landlords and tenants. Following continued momentum and adoption of the technology, we then announced that the now rebranded VTS Rise has become the most adopted tenant experience technology. As of July 1, 300+ million square feet in 161 cities and 500+ buildings worldwide are now managed on VTS Rise — and those numbers continue to grow.
Finally, VTS has hired 150+ new employees, over a third of our global workforce, over the course of the COVID-19 pandemic, which emphasizes the impact of our software to enable the industry to not only survive but thrive amid the pandemic.
Phew! We’re thrilled to receive this recognition after what’s already been a truly exciting and exceptional year — but 2021 isn’t done yet😉. Looking forward to where we go next!
For more information about the Real Estate Tech Awards, click here.
To read our official announcement, click here.