Second Century Ventures Partners With CILA to Advance Real Estate Innovation Across Latin America

Second Century Ventures (SCV) and its global accelerator REACH have formed a strategic partnership with the Confederación Inmobiliaria Latinoamericana (CILA) to accelerate technology adoption across the Latin American real estate market. This collaboration aims to integrate the region's extensive network of real estate professionals with the global proptech ecosystem to foster modernization and professional growth. By establishing this formal link, the organizations intend to bridge the gap between regional market needs and international innovation, positioning Latin America as a leader in the global real estate technology sector.

Second Century Ventures (SCV), the operator of the REACH real estate technology accelerator, has officially partnered with the Confederación Inmobiliaria Latinoamericana (CILA) to expand its innovation initiatives throughout Latin America. This agreement establishes SCV and REACH as strategic innovation partners for CILA, which is the leading confederation of real estate associations and chambers in the region. The move significantly broadens REACH’s global footprint, which already includes established programs in the United States, Canada, the United Kingdom, Australia, New Zealand, and the Middle East. Dave Garland, managing partner of SCV and REACH, noted that the partnership is a major step in REACH’s global mission, describing Latin America as an "emerged" market that is ready to take a leadership role in real estate innovation.

The partnership is structured to support modernization through several key focus areas, including the expansion of technology adoption and the sharing of global best practices. SCV and CILA will collaborate on knowledge-sharing initiatives regarding emerging tech trends and facilitate direct connections between CILA’s member associations and the REACH portfolio of technology companies. Additionally, the organizations plan to develop tailored educational opportunities, workshops, and conference programming specifically designed for the Latin American market. These efforts are intended to provide regional professionals with the tools and connectivity needed to navigate a rapidly changing industry landscape.

Beyond immediate networking and education, the alliance will focus on long-term strategic projects such as developing frameworks to assess technology readiness across different Latin American markets. Future initiatives may include regional innovation studies and benchmarking programs to help member organizations manage industry transformation. Paulina Cueva, president of CILA, characterized the alliance as a historic opportunity to elevate the professionalism and global connectivity of the region's real estate sector. Tyler Thompson, managing partner at SCV and REACH, added that the region’s founders and associations are "genuinely hungry" for global innovation, making CILA the ideal partner to deepen SCV's investment and acceleration efforts in the region.