Real Estate News
WORLD PROPERTY VENTURES: The 'DARPA of Real Estate' Announces New Digital Initiatives
Miami-headquartered WORLD PROPERTY VENTURES (WPV), the recently established global real estate technology development firm, has unveiled several new projects currently in progress. Just as traditional real estate developers generate substantial shareholder value through the construction of physical assets such as office buildings, warehouses, retail spaces, apartments, homes, and condos, WPV aims to create significant shareholder value by constructing digital assets for the $300 trillion-dollar global real estate industry.
WPV's latest digital development initiatives encompass Digital Infrastructure projects, including AI-powered real estate marketplaces, search engines, MLSs, and exchanges; Information Platforms like real estate news, data, ontology, and signals intelligence platforms; and Transaction Services such as real estate tokenization, dynamic pricing, digital mortgages, and transaction management platforms.
Michael Gerrity, the company's founder and CEO, likened WPV to DARPA within the global real estate industry--a comparison to the secretive government agency responsible for developing cutting-edge next-generation technologies and systems for the U.S. Military. Gerrity elaborated, stating, "Like DARPA, WPV will harness disruptive technologies such as AI, machine learning, big data, automation, and global scalability to construct the next-generation digital real estate platforms and services of tomorrow -- today!"
