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Boston & New England  + Metro Boston  + Finance  |  October 17, 2019
2019 Boston city skyline
David Cohen
By: David Cohen

Building Engines CRE Platform Secures $13M Investment

Boston-based operations platform for commercial real estate owners, operators and occupants Building Engines secured a $12.7-million investment led by existing investor, Wavecrest Growth Partners, with participation from River Cities Capital Funds, MassMutual Ventures and Camber Creek Ventures.

The investment follows the investor group’s initial investment of $26.5 million into Building Engines in 2016. The additional growth capital will expedite Building Engines’ strategy to build, buy and partner to deliver the most modern platform addressing long-standing problems in commercial real estate operations. Building Engines already has acquired two companies, AwareManager in 2018 and Real Data Management in May of this year.

“Our mission is to dramatically improve the tenant experience and to drive operational efficiencies for our CRE customers,” said Tim Curran, CEO of Building Engines. “This new investment will allow us to keep our foot on the gas for increased innovation and continued growth, helping us deliver even more value to our customers.”

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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