Industry Disrupter Gains Resi Client
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RANCHO SANTA FE, CA—GlobeSt.com has learned that multifamily developer DLC Residential has joined MREN’s collaboration network to manage three developmentopportunities with a total capitalization of more than $160 million. MREN will enable DLC to upload assets, share and communicate with investors in a secure and private marketplace, thereby preserving personal relationships, while providing online tools to collaborate more efficiently.
As GlobeSt.com reported in June, MREN was introduced by locally based Metis as the first principal-to-principal-only global commercial real estate platform. As we had reported previously, the cloud-based MREN technology is positioned to be the “disrupter” of the $15-trillion commercial real estate industry by supporting principal stakeholders from both sides of a transaction to connect, collaborate and close directly. MREN aims to enable participants to formalize their own private market network within the MREN ecosystem in order to connect, transact and manage real estate investment assets more effectively…
