- Real-estate tech is on the rise: investors sank a record $32 billion into the industry in 2021.
- Lawyers with real-estate and tech expertise help companies navigate regulatory and corporate issues.
- Here are 10 of the top lawyers helping fuel growth in the proptech industry.
Last year, a record number of real-estate tech — popularly known as proptech — companies went public, many of them via SPACs, and a record amount of capital poured into the space.
In 2021, investors sank a record $32 billion into the industry, according to the Center for Real Estate Technology and Innovation.
Proptech was on the rise before COVID-19 hit. But the pandemic has forever changed the housing market, the rental market, and commercial real estate, increasing the need for new technology and digital tools.
deal and private venture round are the corporate lawyers who draw up contracts and fulfill regulatory requirements. Same with every novel form of fundraising or crowdfunding — without lawyers, these new innovations would be impossible.
Insider asked leading proptech figures to identify the top lawyers they call on when they need legal advice. Only a few lawyers specialize in proptech, but many include it as part of their larger book of work.