We intend to seek to acquire businesses that service the real estate industry. Our target companies will range from real estate service companies to property technology, or “PropTech,” companies. Real estate service companies include property management companies, real estate service providers, mortgage brokerage companies, real estate investments sales companies, title agencies and any other company that has its core business servicing the real estate industry. PropTech companies include companies that offer innovative software, hardware, products, operations or services that are technologically equipped to improve property ownership, financing, valuation, operations, management, leasing, property insurance, asset and investment management, design, construction and development.

This is the second PropTech- and real estate services-focused SPAC founded by Jordan Vogel and Aaron Feldman, the co-managing partners of Benchmark Real Estate Group LLC. 

(Note: Property Solutions Acquisition II upsized its IPO at pricing on March 3, 2021: 30 million units, up from 25 million, at $10 each to raise $300 million.)