RPC invests in investment property real estate platform
Realized Raises $6 Million Series A Round Led by Calibrate Ventures
AUSTIN, Texas--(BUSINESS WIRE)--Realized, a technology-enabled platform that provides wealth management solutions for investment properties, announced today that it has raised $6 million in Series A funding led by Calibrate Ventures and joined by Rice Park Capital. The proceeds from the round will be used to expand the real estate platform’s team and technology. Realized enables investors to tax-efficiently redeploy equity from legacy investment properties into diversified (by property type, geography, tenant, and more), passive income portfolios, customized to their needs. Using 1031 “like-kind” exchanges and other tax-deferment mechanisms, Realized helps investors co-invest in diversified commercial property portfolios that are designed to offer potential income without landlord responsibilities.