Specialist fund MetaProp has grown its advisory team with Jerry Coleman, co-founder of leasing company Invitation Homes and home-sales platform Offerpad, joining as a venture advisor.
Coleman will sit alongside current venture partners Elie Finegold, ex-CBRE real estate and technology entrepreneur, and Maria Seredina of real estate broker HomeLight.
He will assist with deal diligence and startup growth distribution and recruiting.
Aaron Block, co-founder and managing partner at New York-based MetaProp, said: “Jerry is one of the top entrepreneurs in the real estate space. Businesses he has founded have become leading investors, developers, financiers and energy services providers.
“He truly understands technology, entrepreneurship, and scaling up winning business models. His experience brings tremendous new firepower to bear for our startups and our growing VC team.”
Coleman’s portfolio includes Offerpad, Alliance Investment Group, solar sales and installation company Elevation Home Energy Solutions and Invitation Homes, which he co-founded in partnership with Blackstone, bringing in more than $10bn in investment. Invitation Homes is a NYSE listed public company.
Founded in 2015, MetaProp’s team has invested in over 100 technology companies across real estate. The firm manages multiple investment funds for both financial and strategic real estate investors representing a pilot- and test-ready sandbox of over 15bn sq ft across every real estate asset type and global market.