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CHICAGO (March 5, 2024) – Second Century Ventures, the strategic investment arm of the National Association of Realtors®, today opened applications for the 2024 REACH Commercial technology growth program. Second Century Ventures, the most active global venture fund in real estate technology, operates the award-winning REACH program across North and South America, Europe, Australia and Asia-Pacific.

Led by managing partner Bob Gillespie, the REACH Commercial program is in its sixth year of operation. It will run a curriculum supporting entrepreneurs developing innovative solutions across all commercial sector asset classes.

“The REACH Commercial program excels at nurturing growth within the proptech sector,” said Gillespie. “We have a long track record of working with our participating companies to navigate through the industry’s significant challenges, transforming these obstacles into unique opportunities for innovation. This strategy elevates the market presence for these companies and accelerates their development.”

NAR’s REACH Commercial program aims to scale the most promising new technology companies in real estate, including brokerage, developer, housing and financial solutions. Program participants receive premier access to the following:

• Mentorship from real estate, venture capital and technology sector leaders;
• Education on how to navigate the trillion-dollar global property industry from top experts;
• Exclusive opportunities at the most impactful conferences, trade shows and networking events;
• Unique access to top media and academic organizations; and
• A global network of highly talented, like-minded entrepreneurs from more than 250 REACH portfolio companies and curated program sponsors.

“REACH Commercial champions pioneering companies poised to shape the future of real estate tech,” said Dave Garland, managing partner, Second Century Ventures. “Our program empowers these innovators with unparalleled resources and expertise, fostering their growth and impact within the industry.” 

Applications for the 2024 REACH Commercial program will be accepted through April 15, 2024. For more information about REACH, or to apply, visit nar-reach.com.    

About REACH

REACH is a unique technology scale-up program created by Second Century Ventures, the most active global fund in real estate technology. Backed by the National Association of Realtors®, Second Century Ventures leverages the association's more than 1.5 million members and an unparalleled network of executives within real estate and adjacent industries. The REACH program helps technology companies scale across the real estate vertical and its adjacent markets through education, mentorship and market exposure. For more on REACH, visit www.narreach.com. 

About the National Association of Realtors®

The National Association of Realtors® is America’s largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. The term Realtor® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of Realtors® and subscribes to its strict Code of Ethics.

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Information about NAR is available at nar.realtor. This and other news releases are posted in the newsroom at nar.realtor/newsroom. 

MEDIA COMMUNICATIONS

For further information contact:

Spencer High, 202/383-1051

shigh@nar.realtor