A Miami-based emerging real estate fintech company announced today, Dec. 7, that Orlando will become the company’s future global headquarters location.
The World Property Exchange Group Inc., which deploys technology solutions for the global real estate investment market, has offices in New York City, Miami and Irvine, Calif. It will have its downtown Orlando headquarters location open in early 2018 at the Regions Bank tower in Suite 800, where it has a short-term lease, according to the Orlando Economic Partnership.
The company will hire more than 100 people in the next three years for high-wage jobs consisting mainly of computer coders, network engineers, data scientists, cyber security experts, economists, mathematicians and corporate executives, as it builds and deploys the world’s first all-digital, patent-pending, Security Exchange Commission-regulated Real Estate Stock Exchange by the end of 2019.
“Given Central Florida’s indigenous University of Central Florida tech, real estate, cyber security and banking software talent, coupled with the state of Florida’s zero corporate tax rates, lower cost of doing business and great quality of life, Orlando was the obvious choice to plant our company flag as the best place in the U.S. to build, grow and operate our global real estate investment platform,” CEO Michael Gerrity said in a prepared statement.