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Crexi raises $11 million to bring commercial real estate out of the Dark Ages
2018-05-21T13:26:32Z - John Biggs / TechCrunch
Managing, buying, and selling commercial real estate is a fairly primitive process. “I started thinking about technology solutions for the commercial real estate industry to solve many of these inefficiencies in the CRE space. The company has managed over 100,000 “properties brought to market” on its platform and they have 200,000 users per month. Considering Crexi manages $450 billion in property value, it’s also clear that this is a lucrative market ripe for disruption. “We are the first platform to take the entire commercial real estate transaction process online with a simple to use and intuitive interface,” said DeGiorgio.

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