VTS—the commercial real estate industry’s (CRE) leading leasing, marketing, asset management, and tenant experience platform — is pleased to announce that they are a grand prize winner for the Eighth Annual Real Estate Tech Awards (RETAS) in the Mature Growth category, presented by CREtech (www.cretech.com), the world’s leading community of professionals devoted to technological innovation in the real estate sector.
“We are honored to be recognized as a RETAS Grand Prize Winner," stated Nick Romito, Chief Executive Officer of VTS. “It is 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.”
Sponsored by Colliers, the #RETAS are the leading international awards honoring excellence in CRE tech. The awards recognize the most cutting-edge companies who have played an integral role in advancing tech in the industry throughout the year. Backed by the leading voices and thought leaders in the CRE tech 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 VC’s, Angel Investors, and Corporate Investors and Thought Leaders in the commercial real estate tech industry.
Since its inception, VTS’ mission has been to be CRE’s modern operating system. It 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, providing solutions for every sector of the industry. Prior to VTS, CRE didn’t have a centralized platform for data and was fueled by disorganized spreadsheets and back-of-the-napkin deals. Now, the VTS platform captures the largest first-party data source in the industry, which delivers real-time insights that fuel faster, more informed decision making and connections throughout the deal and asset lifecycle.
Over the course of 2021, the technology company made significant strides. In January 2021, VTS continued regularly distributing its key monthly VTS Office Demand Index (VODI). Following successful launches in New York City and Boston, in February 2021, VTS announced the launch of VTS Marketplace—free online office listings site—in Washington, D.C., purpose-built for tenant rep brokers. In February 2021, VTS also released its 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 2021, VTS announced its acquisition of Rise Buildings—the property operations and tenant experience technology company used by top landlords including Blackstone, Hines, and CIM Group—to continue its journey of modernizing the entire asset class experience for landlords and tenants. In July 2021, VTS announced that the now rebranded VTS Rise has become the most adopted tenant experience technology. As of July 1, 2021, +300 million square feet of 161 cities and over 500 buildings worldwide are managed on VTS Rise. Since the onset of the COVID-19 pandemic, VTS has hired +150 new employees, which emphasizes the impact of its software to enable the industry to not only survive, but thrive amid the pandemic.