Technology

NAR chooses 7 startups for its tech accelerator class of 2015

Hundreds of firms applied, more than double the number of 2014 applicants

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The National Association of Realtors has announced the seven startups that will make up the 2015 class of its tech accelerator program, REach. This class, REach’s third, was chosen from a pool of hundreds of applicants -- more than double the number of firms that applied to the program last year, according to NAR’s investment wing, Second Century Ventures LLC, which runs the program. Like the 15 startups in the two classes before this one, this REach group features early-stage startups with a focus in real estate and related industries. They'll have access to over 150 advisers and mentors and participate in an eight-month program designed to give them an entrée into the industry that kicks off this week. The companies in REach's 2015 class are: Asset Avenue (Los Angeles) is an online peer-to-peer lending platform for the commercial real estate industry. It provides borrowers and brokers with quick and reliable access to competitively priced loans financed by acc...