
AXCS Capital has acquired Propvetter, an artificial intelligence platform that automates commercial real estate transaction analysis and due diligence for lenders, investors and brokers. The acquisition brings Propvetter’s AI-powered technology in-house, enabling AXCS Capital and its debt brokerage subsidiary, George Smith Partners, to streamline underwriting and deal analysis across the firm’s investment and advisory divisions. The firm plans to roll out select features for use by George Smith Partners clients in the coming months.
“We are excited to bring Propvetter into the AXCS family and integrate this technology across our company,” said Evan Kinne, CEO of AXCS Capital. “AI is evolving rapidly, and this acquisition positions AXCS at the forefront of that evolution.”
Propvetter founder Eric Migicovsky will join AXCS Capital as a Director of Investments and Technology. He spent over 15 years in institutional commercial real estate finance and investing before founding Propvetter to bring AI-driven automation to the industry.
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