Commercial real estate platform VTS loses its CTO and COO – Commercial Observer

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Commercial real estate platform VTS loses two members of senior management.

Chief Technology Officer Niall Smart and chief operating officer Patrick Kehoe resigned from his posts last week – with plans to leave in September – for personal reasons, The real deal reported.

“These two people are leaving in a better relationship,” the CEO said. Nick Romito said TRD… “It’s a personal decision for them to spend time with their families.”

A VTS spokesman did not immediately comment.

Both Smart and Kehoe are from Ireland and joined VTS after merging with Tall tower in 2016, according to TRD… Romito said TRD that their resignations were unrelated and had nothing to do with any “root cause” related to VTS.

VTS plans to find a replacement for Smart’s CTO, but not COO, according to TRD

news comes as a hired VTS Lexi russell from CBRE as senior regional exploration manager for the San Francisco Bay Area and Seattle, according to the Commercial Observer.

And in March, VTS made a splash when he acquired a startup company proptech Raising the Building somewhere “around $ 100 million,” a CO source previously told.

With Nicholas Rizzi you can get to the address: nrizzi@commercialobserver.com

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