RDM closes multi-million dollar investment round

NYC-based tech firm continues to scale nationally with blue-chip landlord client base

NEW YORK – October 12, 2015 – Real Data Management (RDM), a fast growing Real Estate Technology & Solutions Platform for property owners, managers and brokers has announced the closing of a multi-million dollar investment round led by a prominent real estate family. RDM will utilize proceeds from this outside investment round to continue to aggressively scale its leasing and asset management technology platform. The company, with offices in New York and Washington, D.C., will also be expanding its current 40-person team with strategic hires in all facets of its business.

RDM provides software solutions for many of the real estate industries leading real estate companies such as SL Green, Shorenstein, JP Morgan, Feil, Resnick, RXR, JLL, TIAA, CBRE and Silverstein Properties. The company’s products have redefined the way real estate professionals manage their portfolios. Through RDM’s signature software product, RealAccess™, real estate professionals are able to seamlessly market, manage, and lease their entire portfolio with tremendous simplicity and efficiency. Solutions offered by RDM include: Building Compliance and Safety; Building Measurement and Analysis; Floor Plan Modeling and Space Marketing.

Peter Boritz, CEO of RDM commented, “This is the first time we have accepted outside funding for our company and it is not something we were even contemplating. In fact, we have experienced tremendous organic growth to date. This investment was really driven by both our new partners’ belief in our core products, and our desire to more aggressively scale our company. In the past, RDM has been approached several times about taking on new investors, however the timing and opportunities for growth just perfectly aligned at this time.”

About RDM

Real Data Management (RDM) is a nationwide provider of software and solutions for commercial and residential real estate. The RDM platform, as well as its signature product RealAccess™, is designed to help landlords, investors, brokers and managers more effectively market and manage their portfolios.

For more information, please contact: Peter J. Boritz: peter@rdm1.com.