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Fortress PropTech was accepted into the 2023 REACH commercial program run by Second Century Ventures, the investment arm of NAR. It joined 14 companies chosen to grow real estate technology through mentorship, education, and market exposure. For affordable housing operators, this signals real industry confidence in Fortress.
Key takeaways
Fortress PropTech joined the 2023 REACH commercial program led by Second Century Ventures, the strategic investment arm of the National Association of Realtors.
This was the fifth REACH cohort focused on scaling solutions for commercial real estate, alongside the eleventh residential cohort.
Fortress was one of 14 companies picked across financial planning, property management, marketing, and tenant retention.
REACH gives selected companies education, mentorship, and direct market exposure to grow across the real estate space.
The selection signals industry confidence in Fortress as software built for property management and affordable housing teams.
Fortress PropTech is honored to share our acceptance into the 2023 REACH Commercial program led by Second Century Ventures.
Second Century Ventures is the strategic investment arm of the National Association of Realtors (NAR) and the most active global real estate technology fund. Fortress’ inclusion in the 2023 REACH program marks a significant achievement and recognition of our company's market leadership potential and dedication to providing cutting-edge solutions within the real estate technology space.
Launched in 2013, this marks the 11th cohort focused on solutions for the residential and consumer sectors, and the fifth cohort dedicated to scaling solutions for commercial real estate. The program provides a unique opportunity for real estate technology companies to scale across the real estate spectrum and its adjacent markets through education, mentorship, and market exposure.
The 14 companies selected for the 2023 program represent a diverse range of solutions across the real estate ecosystem, including innovations in financial planning, property management, lead generation, marketing, mortgage asset management, and tenant retention, among others. Collectively, these companies have raised more than $100 million in funding and employ more than 400 individuals worldwide.
Fortress property management software offers an innovative and easy-to-use platform, utilizing automation technology and data integration to streamline property management tasks and maximize efficiency. With this technology, multifamily and commercial property management can save time, increase productivity, and provide a positive and accessible experience for their tenants.
By supporting and investing in innovative businesses, such as Fortress, Second Century Ventures and NAR ensure that real estate and property management professionals have access to the latest and most effective tools and technologies, guaranteeing they remain at the forefront of an ever-evolving industry.
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Frequently asked questions
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Contact UsWhat is the REACH program by Second Century Ventures?
REACH is a growth program run by Second Century Ventures, the strategic investment arm of the National Association of Realtors. Launched in 2013, it helps real estate technology companies scale through education, mentorship, and market exposure. Fortress PropTech was accepted into the 2023 commercial cohort.
Why was Fortress PropTech accepted into the 2023 REACH cohort?
Fortress PropTech was accepted into the 2023 REACH commercial program as recognition of its market leadership potential and its work building property management software. The selection reflects Second Century Ventures' confidence in Fortress as an innovative platform for multifamily and commercial property management.
Who runs the REACH accelerator program?
REACH is run by Second Century Ventures, the strategic investment arm of the National Association of Realtors and one of the most active global real estate technology funds. The program scales companies across the real estate spectrum and adjacent markets.
How many companies were selected for the 2023 REACH program?
Fourteen companies were selected for the 2023 REACH program. They cover financial planning, property management, lead generation, marketing, mortgage asset management, and tenant retention. Together these companies have raised more than $100 million in funding and employ more than 400 people worldwide.
What does Fortress property management software do?
Fortress is a property management platform that uses automation and data integration to centralize property tasks. It helps multifamily and commercial teams save time, increase productivity, and give residents a clear, accessible experience, with a focus on affordable housing operations.
What does REACH acceptance mean for affordable housing operators?
REACH acceptance means Fortress earned recognition from NAR's investment arm as a real estate technology leader. For affordable housing operators, it signals that the platform they rely on for compliance, leasing, and operations is backed by serious industry support and built to keep improving.
Related resources
Fortress Core Platform
See the property management platform built affordable-first for multifamily and commercial teams.
Integrations Built In
Connect Fortress with the accounting, payment, and screening tools your team already uses.
Online Leasing Workflows
Move applications, approvals, and leases online to cut paperwork and speed up move-ins.
