World Property Ventures (WPV), a Miami-based real estate holding company, is set to launch a $200 million funding round. The capital is intended to develop and scale a suite of technology platforms aimed at modernizing the global property sector through artificial intelligence, data automation, and asset tokenization.
The company, founded in 2024 by real estate entrepreneur Michael Gerrity, plans to target accredited investors, family offices, and corporate partners. The initiative seeks to address long-standing inefficiencies within what is often described as the world's largest asset class.
Key Takeaways
- Major Funding Initiative: World Property Ventures is preparing a $200 million capital raise to fund its expansion and technology development.
- Industry Target: The company aims to digitize the global real estate market, a sector valued at over $654 trillion.
- Core Technologies: WPV's strategy relies heavily on AI, data analytics, process automation, and the tokenization of real estate assets.
- Multi-Platform Ecosystem: The firm is building a network of digital marketplaces, search engines, media outlets, and a token exchange to create a comprehensive real estate ecosystem.
Addressing an Archaic Industry
The global real estate market has long been characterized by fragmentation, a lack of transparency, and reliance on outdated processes. According to founder Michael Gerrity, these issues contribute to significant costs for consumers and businesses alike.
Gerrity highlighted the scale of the problem, pointing to an estimated $500 billion spent annually on customer acquisition by property sellers worldwide. WPV's primary mission is to reduce these transactional frictions.
"Real estate remains the world's largest yet most archaic industry," Gerrity stated in a recent interview. "One of our goals is to significantly reduce transaction costs, increase transparency, and unlock liquidity on a global scale."
The company's approach is to build a vertically integrated system that controls the entire process from idea conception to the exit of a developed technology. This model, which Gerrity calls the "anti-VC," focuses on building companies internally rather than simply investing in external startups.
A Dual Strategy for Value Creation
WPV operates on a two-pronged strategy. First, it incubates and develops its own portfolio of PropTech companies designed to solve specific inefficiencies in the market. Second, it plans to structure and issue digital investment products, such as tokenized real estate debt and equity, through its proprietary platforms.
A Multi-Faceted Digital Ecosystem
To achieve its goals, WPV is developing a comprehensive network of interconnected platforms, each targeting a different segment of the real estate value chain. This diversified strategy aims to generate revenue from multiple sources, including profits from its portfolio companies, asset exits, and fees from its exchange.
Marketplaces and Search Technology
The company's marketplace division, World Property Markets, already operates Global Listings, a property platform with over three million active listings across 112 countries. This makes it one of the largest international property listing sites currently in operation.
A complementary platform, World Property Search, is being developed to function as an AI-powered search engine. The goal is to index more than 10 million real estate websites globally, allowing users to make natural language queries to find properties. Gerrity describes this project as building "the future Google of real estate search."
Did You Know?
The global real estate value chain is estimated to be worth approximately $654 trillion, making it the largest asset class in the world. However, it has been one of the slowest to adopt digital transformation compared to other major industries like finance and retail.
Media, Data, and Financial Platforms
Beyond listings, WPV is expanding into media and data analytics through its World Property Media arm. This includes WPC.tv, a real estate news and streaming service, and Property Signals, an enterprise-level data platform.
Gerrity envisions Property Signals as the future "'Bloomberg Terminal' of real estate," providing professionals with real-time market data and actionable intelligence. This tool aims to give investors and developers the information needed to make more informed decisions.
On the financial side, WPV is establishing two key entities:
- World Property Bank: An emerging, SEC-regulated entity that will structure tokenized investment products.
- World Property Exchange (WPE.com): A proprietary exchange where these tokenized assets will be issued and traded, alongside a DeFi-style prediction market called Real Estate Predictions.
Together, these platforms are designed to make institutional-grade real estate investments more accessible to a global audience while improving market liquidity.
Leveraging Blockchain for Security and Transparency
A significant part of WPV's technological focus involves blockchain applications. The company is developing blockchain-based property title systems to create more secure and transparent records of ownership. This technology has the potential to streamline transactions and reduce fraud.
WPV is also creating anti-money laundering (AML) solutions for governments. This initiative is aimed at helping authorities curb the flow of illicit funds through real estate, a problem estimated to involve up to $700 billion annually on a global scale.
Some industry analysts see parallels between WPV's push for tokenization and the automation of stock trading on Wall Street during the 1990s, a shift that fundamentally reshaped financial markets. If successful, WPV's model could introduce a new level of efficiency and accessibility to real estate capital markets over the next decade.
Founder's Journey and Future Outlook
Michael Gerrity's career in real estate began in the mid-1980s while he was a student at the University of Central Florida. After seeing a young Donald Trump on the television program 60 Minutes, Gerrity wrote him a letter. Trump's personal response helped Gerrity secure his first position at the commercial real estate firm Cushman & Wakefield.
Today, Gerrity believes that technologies like AI and data analytics are essential for an industry that has remained largely analog. The upcoming $200 million funding round is critical for expanding WPV's operational platforms and advancing the startups currently in its development pipeline.
Gerrity has positioned WPV to become a central player in what he calls "the next frontier of the AI revolution — real estate." The company's long-term vision is to establish itself as the "Goldman Sachs of the world's emerging digital real estate economy," signaling a bold bet on the comprehensive transformation of the global property market.
