HERITAGE COMMERCIAL REAL ESTATE TECHNOLOGY VENTURES
Venture Capital. Real Estate Expertise. TM
The passage of the JOBS Act in 2012 and substantive advances in financial technology are revitalizing the classic concept of syndication, enabling investors to minimize the financial friction of intermediaries, access deal flow, invest in and control and manage their alternative investments.
Artificial Intelligence and Big Data are providing unparalleled insights into human behavior, personal preferences, and management of our physical environment.
Social networks and the power of connectivity are revolutionizing real estate usage, blockchain and digital assets, alternative investments, lending, asset management, and informed purchasing in a world under change and challenge.
Platform technologies are reshaping traditional distribution channels. E-commerce and industrial fulfillment centers are the new malls. Streaming video is the new television. Every screen is an access point for content and commerce.
"We advise and invest in companies with
technology solutions for real estate
led by serial achievers who execute on sound ideas,
creating mutual benefit and contributing to the greater good."
Lewis G. Feldman, Founder
Representative Portfolio Companies
CrowdStreet is a leading online commercial real estate investing platform that has matched investors with more than 500 real estate investment opportunities, including individual assets and funds. Some of the largest and most respected deal sponsors, like Greystar, Walker & Dunlop, and Harbor Group International, use CrowdStreet to raise equity capital and reach accredited investors. Since 2014, CrowdStreet's investor community has funded more than $2 billion in investments and received over $200 million in distributions.
Fundrise is an investment service with over $1 Billion in assets under management and which grants users access to the market of private real estate assets through their platform. Substituting traditional public stocks and bonds with private real estate investments, Fundrise members save 20-40 percent on brokers, management fees, and administrative costs, resulting in up to 33 percent higher annual returns than a traditional private equity real estate fund provides.
Patch of Land
Patch of Land is a Peer-to-Real-Estate (“P2RE”) lending marketplace that matches accredited and institutional investors seeking high-yield, short-term, asset-collateralized investments to borrowers seeking more timely and consistent sources of funding for rehabilitating properties across America.
Payforward gives consumers the power of enchanced choice in how to use rebates for personal needs and the greater good. PayForward enables prepaid debit card users to instantly receive enhanced rebates of up to 15 percent cash back on purchases with major retailers, lenders, healthcare insurance providers, and restaurants. PayForward subscribers may add their rebates to savings, share a percentage of the rebates with family members, or contribute to charities of their choosing.
RealtyMogul.com is a leading online commercial real estate marketplace, offering accredited real estate investors 24/7 access to vetted debt and equity investment opportunities, along with analytics and management tools to invest in cash-flowing commercial real estate assets.
WikiRealty provides real estate agents with an app based search and content algorithm to optimize agent recognition in local markets. Using custom content featuring boutique and substantive insights about food, wine, entertainment, neighborhoods, schools, restaurants, and properties, Wikirealty's app enables agents to optimize their presence online and be recognized as an informed resource in their local market.
Sources: NREI, CBInsights, JLL
2020 CRETECH investment: $31Billion
Commercial Real Estate Technology Investment
Investment themes focused on data transparency, portfolio optimization, investment platforms, and digitization of real estate
Heritage CRETech Ventures
Venture Capital. Real Estate Expertise.®
Lewis G. Feldman
Founder/Chief Executive Officer
J.D., Executive Editor Law Review,
University of California, Davis, 1982
B.A. with Highest Honors,
University of California, Santa Cruz 1978
After a storied 35-year career in Big Law as one of America's prominent capital markets lawyers, Lew Feldman founded Heritage Capital Ventures LLC in 2015 to invest in technologies that result in greater investment returns and broader capital access with lower costs and higher efficiencies. Heritage CRETech Ventures was founded in 2020 to raise and deploy capital specifically for real estate applicable technologies. With the help of a ton of talented people, Lew has raised more than $100 billion in debt and equity for real estate and financial technology companies. Lew serves as Chairman of the Board of the UCLA Ziman Center for Real Estate at the John Anderson Graduate School of Management. Lew has appeared on media channels including ABC, CNBC, CBS, Bloomberg Television, Fox, Sirius, YouTube, and various industry podcasts. Lew's ideas and opinions have been covered in national, regional, and trade publications, including Barron's, The Los Angeles Times, The Los Angeles Business Journal, The New York Times, The Wall Street Journal, Fortune, and Forbes.
Panels and Presentations
Proptech, Climate Tech, and the Real Estate Industry
With Brendan Wallace, CEO of Fifth Wall
During the Fall 2021 Board Meeting of the UCLA Ziman Center for Real Estate, held virtually on November 3, 2021, Heritage CEO and Ziman Center Board Chair Lew Feldman spoke with Climate Tech thought leader and COP26 speaker Brendan Wallace, CEO of Fifth Wall, with $2.6 billion in assets under management, about the $20 trillion investment required to decarbonize the real estate industry, and the financial and social opportunities created by investing in climate-sensitive technology. The interview begins at the 38-minute mark in the video.
Real Estate, SPACs, and COVID-19 in 2021
With Barry Sternlicht of Starwood and Michael Van Konynenburg of Eastdil Secured
Do investment opportunities abound as we move out of the days of COVID-19? If so, where are they? Heritage CEO and UCLA Ziman Center Chairman Lew Feldman led the June 9, 2021, Spring Board Meeting of the UCLA Richard S. Ziman Center for Real Estate with real estate impresario Barry Sternlicht of Starwood Capital and Eastdil Secured's thought leader, Michael Van Konynenburg on critical issues affecting the U.S. economic recovery, commercial real estate trends, capital market insights, investment themes, SPAC opportunities, and proptech trends disrupting the real estate industry.
UCLA Ziman Center for Real Estate: COVID-19 and Its Global Impact on Real Estate, the Economy & Investment Markets
With Guggenheim Partners' Scott Minerd
UCLA Ziman Center for Real Estate - April 8, 2020 Spring Broadcast Webinar, "COVID-19 and Its Global Impact on Real Estate, the Economy & Investment Markets", featuring Guggenheim Investments' Chairman, Scott Minerd, who provides invaluable proprietary research and insights into the domestic and global impact of the recent COVID-19 pandemic with Stuart Gabriel, UCLA Richard C. Ziman Center for Real Estate Director and Professor of Finance at the John E. Anderson Graduate School of Management, and UCLA Ziman Center Chairman, Lew Feldman of Heritage CRETech Ventures.
What Online Lending Means for Banks, Businesses, and Borrowers.
With leadership of Lending Club, OnDeck, & Funding Circle Conference
Heritage CEO, Lew Feldman, joined the 2015 Milken Institute Global Conference for a discussion covering online lending with the leaders of Lending Club, OnDeck, Funding Circle, and Prosper.
LendIt: Online Real Estate Lending and Investment
With the leadership of Fundrise, iFunding, Lendinvest, Realty Shares, and Realty Mogul
LendIt (http://www.lendit.co/) launched its first fintech conference in San Francisco on May 4-6, 2014. Heritage CEO Lew Feldman moderated the Real Estate Crowdfunding Panel with proptech pioneers William Skelly of iFunding; Jillene Hellman of Realty Mogul; Nav Athwal of Realty Shares; Christian Faes of LendInvest; and Tom Lockhard of Fundrise.
Where in the World Are the Real Estate Opportunities?
With Sam Zell of Equity Investments and Bill McMorrow of Kennedy Wilson
Heritage CEO Lew Feldman moderated a panel discussion with Bill McMorrow of Kennedy Wilson and Sam Zell of Equity Investments on where the best real estate opportunities are to be found around the Globe.
Our Education Partners
We actively participate in thought leadership with America's leading universities and organizations
UCLA Center for Real Estate
The UCLA Ziman Center for Real Estate advances real estate thought leadership by generating research, educating the next generation of business leaders and social entrepreneurs, and providing meaningful forums for industry professionals and policymakers.
The Wharton School
One of the world’s premier business schools, Wharton offers students knowledge and experience to become business leaders in real estate and beyond and positively impact the world.
USC Center for Real Estate
The USC Lusk Center for Real Estate seeks to advance real estate knowledge, inform business practice, and address timely issues that affect the real estate industry, the urban economy, and public policy.
The Milken Institute is a non-profit, nonpartisan think tank determined to increase global prosperity by advancing collaborative solutions that widen access to capital, create jobs and improve health.
Urban Land Institute
The Urban Land Institute provides leadership in the responsible use of land and in creating and sustaining thriving communities worldwide.
Have a great proptech idea in need of equity or debt? Let's talk
© Heritage Commercial Real Estate Technology Ventures 2020