Real estate venture firm Fifth Wall is raising a new $500 million fund called Fifth Wall React, according to a regulatory filing.
The eight-year-old firm, helmed by its co-founder and CEO Brendan Wallace (pictured), is already managing $3.2 billion in capital, including raising an $866 million fund in late 2022 that was the largest venture fund focused on real estate tech startups. Fifth Wall also closed a $500 million fund earlier in 2022 to invest in real estate climate tech that aims to decarbonize the property industry.
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