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Real Capital Markets, Digital Maps Come Under LightBox Glow

New York-based LightBox acquired Real Capital Markets (RCM), a global marketplace for commercial real estate; and Digital Map Products (DMP), a location intelligence and mapping platform. Terms of the transactions were not disclosed.

RCM has executed more than 65,000 assignments with total consideration in excess of $2.3 trillion. The company says roughly 50% of all U.S. commercial assets sold, over $10 million, are brought to market using RCM’s online marketplace annually.

LightBox’s Eric Frank says, “We believe with the right intelligence, workflow software, industry data and analytics, the real estate decision-making process can be exponentially improved. We’re partnering with our clients to connect key segments of the ecosystem – banks, brokers, environmental firms, land developers, builders, appraisers, buyers and more – to the right real estate technology, tools, information and to each other.”

LightBox was formed in 2018 when technology investment firms Silver Lake and Battery Ventures acquired EDR, a provider of environmental due diligence information.


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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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