Michael Gerrity, the founder of Miami-based World Property Ventures (WPV), announced that WPV's two wholly-owned portfolio companies, World Property Markets and World Property Media, are independently launching large funding rounds this winter and into 2025.
Michael Gerrity
World Property Markets focuses on property listings platforms and currently owns and oversees three subsidiaries: Global Listings, currently the world's largest international property listings engine and search site with over 3.4 million monthly property postings a month in over 110 countries; World Property Search emerging AI-powered property listings search engine; and Better MLS, an emerging suite of cloud-based private-label Listings Marketplace for enterprise real estate clients worldwide.
Meanwhile, World Property Media is a global real estate news, data and signals intelligence information business. It three business subsidiaries include: The World Property Journal, the top-ranked international real estate news site in the world according to Google; Property Signals (PROPSIG for short), an emerging global property markets signals intelligence and data streaming platform for real estate professionals worldwide; and WPC TV, a forthcoming global real estate news and lifestyle streaming platform.
Gerrity remarked, "The time has truly come to start fully harnessing new enabling technologies and 'outside the box' innovative new thinking -- especially in the use of AI, data, automation and scale -- to disrupt, rebuild and greatly improve the efficiency, cost, speed and transparency of the global real estate ecosystem for all market participants. Our two portfolio companies (and their sub-assets) are all well-positioned to lead this coming digital transformation in the $380 trillion global property market."