Key Deal Facts
Opportunity: Access to an undervalued and overlooked asset class
Assets: MURs, Modern Urban Rentals, are upgraded 2-20 unit rental buildings
Advantage: Proprietary tech-stack to acquire, modernize & operate MURs
Stats: 47 properties in Boston, ~$31M AUM, 96.7% occupancy, ready to scale
Team: Real estate and tech experts supported by a top-tier Advisory Board
Why MURs: 1M target buildings with near-zero institutional competition
Management Team / Advisory Board Bios
Seth Priebatsch
Founder
Founder of LevelUp, sold to Grubhub for $400mm, CRO of Grubhub, sold to JET for $7bn. deep experience in technology, scaled operational systems, and team-building. Has a dog named Tock.
Paul Bell
Chief Legal & Financial Officer
Decades of experience in real estate law, property management, acquisitions, dispositions, and more. Leads legal and financial for Groma.
Christina Dorobek
Head of Investor Strategies
CSO at LevelUp, and later GM at Grubhub, leading a team of ~300 people and growing annual revenue to many billions of dollars.
Grant Fishman
Head of Property Operations
Suffolk University graduate in Politics, Philosophy and Economics along with real estate investment certification from MIT School of Architecture and Planning. Grant is the head of Groma’s Property Operations division.
Jason Urton
Chief Technology Officer
Led ~80 person engineering organization responsible for scalability, security, and product at LevelUp/Grubhub. Currently figuring out by trial and error how to be a parent to an 8-month old.
Michael Rosenstein
Head of Acquisitions
Previously led multi-family acquisitions team at Berkshire. Focuses on scaling Groma’s real estate investment strategy across sectors/regions.
Sloane Thomson
VP, Physical & Digital Experience Design
Led design and UX teams at LevelUp/Grubhub. Leads the brand, digital and physical design efforts at Groma blending on- and offline experience.
Chris Lehman
Policy Architect
Harvard, Teach for America, and a decade of analysis and policy work for healthcare and tech startups. Chris leads our policy/gov’t efforts.
Jay Zagami
Chief of Staff
Founded several successful companies, including a Digital Marketing Agency (clients incl. Nestle, Sam Adams, Zipcar, Panera Bread). Most recently was at Adobe as Enterprise Account Director for State Government in their Digital Experience Practice.