IRHM, Your Global Window into Real Estate and Hospitality

February 17, 2026

Proptech

Property Finder has secured $250 million in debt financing from Ares Credit Funds to accelerate its growth across the MENA region. The funding will support AI-driven solutions, product innovation, and strategic partnerships while reinforcing the company’s position as the region’s largest property platform.
Chicago-based proptech firm Outcome has launched from stealth with its AI-powered orchestration platform for commercial real estate. Described as “The AI start button for CRE,” the platform allows property firms to become AI-active in minutes, bypassing traditional readiness stages and unlocking automated workflows and insights across the asset lifecycle.
First Abu Dhabi Bank (FAB) has partnered with the Abu Dhabi Real Estate Centre (ADREC) to deliver a fully digital mortgage service that simplifies home loans and supports the UAE’s sustainability goals. The partnership will allow customers to access verified property data and mortgage validation in real time, significantly improving the speed and convenience of the homeownership process.
Boston-based proptech firm Realmo has unveiled an AI-powered property search assistant that allows users to find and analyze commercial spaces by describing their needs in natural language. The platform processes these inputs to instantly deliver curated property options matched to key criteria such as price, size, and location, reflecting a growing trend toward AI-driven decision-making in real estate.
Douglas Elliman will launch Elli AI, a new assistant app for its 6,600 agents, beginning in Florida this month before expanding nationwide.
MRI Software has acquired Melbourne-based Proptech Labs in a deal that will expand its property management technology across Australia and New Zealand. The integration will enhance MRI Property Tree and Palace with advanced automation, inspections, and key management capabilities.

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