Fifth Wall

Fifth Wall Partner Dan Wenhold spoke to Commercial Observer about what's ahead for proptech in 2025. Dan says that software and tech-enabled services with measurable ROI will thrive, there will be an untick of mergers and acquisitions, and AI will be critical for sourcing multifamily and office tenants.

Today, we had the pleasure of welcoming Brendan Wallace, CEO and Co-founder of Fifth Wall, accompanied by Miguel Nigorra Esteban, Head of Europe, to Clikalia’s headquarters in Madrid. During their visit, they met with our C-level team, sharing insights and engaging in meaningful discussions about the future of real estate innovation. As Clikalia’s largest investor, Fifth Wall’s continued involvement and intellectual contribution inspire us to push boundaries and redefine the residential real estate sector. Fifth Wall is not just the world’s largest PropTech-focused fund—it is a transformative force, driving growth and sustainability across industries in need of innovation. Since their investment in Clikalia, we’ve grown from operating in Spain and Mexico to leading the European market with successful expansions into Portugal and France. Their trust in us goes beyond capital—they provide strategic insight and guidance that amplify our mission to reshape the residential real estate sector with technology and a customer-first approach. We are proud to be part of Fifth Wall's portfolio of companies and grateful for their belief in Clikalia’s vision. Together, we will continue driving innovation, creating value, and shaping the future of real estate! #PropTech #RealEstateInnovation #FifthWall #Clikalia

❄️ We'd like to congratulate Fifth Wall portfolio company Mojave Energy Systems, Inc. on raising their $9.5M Series A!

Robotics could lead to an explosion of productivity in the skilled trades, according to Zach Aarons of MetaProp. Imagine a crane operator that could operate six robotic cranes at once from a comfortable office, for example. Combined with AI, Zach thinks robotics' impact will be "tremendous" on the skilled trades. #contech #proptech

📺 Fifth Wall CEO & CIO Brendan Wallace appeared on CNBC live from Fifth Wall's AI Day to talk about DOGE's potential impact on office space and AI's role in real estate. Brendan spoke about second-order effects of AI beyond enhanced productivity and automation, and why he thinks they're overlooked: "We're not thinking enough about how AI is going to revolutionize the demand for space itself." #proptech #realestate

📈 We would like to congratulate our portfolio company ServiceTitan on their successful IPO, as only the third venture-backed software company to do so this year. After their initial public offering on the Nasdaq, shares closed up 42% on their first day of trading, valuing the business at nearly $9 billion dollars. ServiceTitan is the leading software platform for the trades industry, driving productivity and profitability for contractors. We're thrilled to see its success validate the thesis we recognized early on, with the investment led by Fifth Wall's Jon Hong and Steve Wu. Congratulations again to Ara Mahdessian, Vahe Kuzoyan, and their entire ServiceTitan team on this milestone! #proptech #venturecapital

Wow! What a opening day for one of Fifth Wall ‘s largest investments ServiceTitan ! ServiceTitan closed up 42% on its opening day of trading and raising $625 million…..a big validation of (I hope) the IPO window re-opening for Proptech companies! WHY THIS MAKES ME HOPEFUL: In a 15 month period starting in 2020, Fifth Wall had 6 IPOs of its portfolio companies, returning over $600 million of profit to our investors. It was an amazing time for proptech. Since then, the IPO window for Proptech companies has been almost entirely shut. Now, having one of the largest Proptech companies and one of Fifth Wall ‘s largest investments perform this well on opening day is a much needed beacon of hope for proptech, for public tech equities and for private venture capital markets. The whole team at Fifth Wall is so excited about this IPO and amazing work Jon Hong and Steve Wu on finding this amazing business!

🤖 Yesterday we hosted Fifth Wall AI Day to hear from leading real estate owners, investors, and technology entrepreneurs on artificial intelligence's impacts on real estate—today and in the future. Thank you to all of our speakers. Brendan Wallace, Mary Hogan Preusse, Jeremy Fox, Sarah Liu, Jordan Sadler, Justin Meng, Ji Zhang, CFA, Devin Murphy, Gary Bailey, James Gallagher, Koby Ben-Zvi, and Holly N. #ai #realestate

📰 We're excited to welcome Kite Realty Group into our Limited Partner network. More on Kite's commitment to invest in Fifth Wall: https://lnkd.in/eEnykZbH #proptech #venturecapital

🏗️ Three key takeaways on Greystar's modular strategy from the Fifth Wall experts and Andrew Staniforth, CEO of portfolio company Assembly OSM: Fifth Wall Partner Greg Smithies: "In this new political and regulatory environment, we expect the cost of construction in general to increase. This new normal may be the realignment in costs that has long been required to shift the economic balance toward prefab and modular construction." Fifth Wall VP Francesca Whitehead: "Looking at Brexit as a comparison, the number of construction workers since Brexit has dropped by 40 percent. Considering the labor dynamics at play along with the expected immigration policies in the U.S., the industry will be pushed to try new construction methods like modular or prefab. Assembly OSM CEO Andrew Staniforth: "Here’s what’s really interesting. Greystar didn’t just use modular; they built their own modular factory. It’s the perfect example of how new technology needs to align with its customers. Now I'm not saying every developer should open their own facility... but in the early innings of industry adoption, it makes complete sense." #realestate #construction