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Prasan Kale

Reinventing the way people interact with their built environment. >

Prasan Kale is the Managing Director of VTS Rise, a division of VTS, based in Chicago, Illinois. He has been in this role since March 2021, following the acquisition of his co-founded company, Rise Buildings, by VTS in that same year. Prior to this position, he served as the CEO and Co-Founder of Rise Buildings from its inception in January 2016 until its acquisition.123

Background and Experience

Prasan Kale has a robust background in real estate development and technology. Before founding Rise Buildings, he held various roles in development management at companies such as Akara Partners, LLC, CMK Companies, and Golub & Company. His career spans over two decades, with significant experience in project management and operations within the construction and real estate sectors.23

Education

Kale earned a Bachelor of Science in Electrical and Computer Engineering from the University of Windsor between 1998 and 2002.23

Contributions

At VTS Rise, Prasan Kale focuses on integrating technology into real estate management, particularly through tenant applications that enhance user experience and operational efficiency. His leadership aims to leverage data analytics to support business decisions for landlords and improve tenant engagement.1

Highlights

Apr 24 · linkedin

Exciting news from VTS as we double down on our multifamily offering with VTS Activate Multifamily.

Since founding Rise Buildings, an early focus of the business was to consolidate technology solutions and create value for #multifamily owners and operators by providing a single stack software and hardware solution for access, operations and community engagement. We were able to achieve that early on with great client partners like Michael Carson Bruce Ambler Kelly Myers Susan Vickery Anil Khera Michelle Calloway and so many more.

It’s personally rewarding to see that early growth transform into a significant business after the acquisition with over 50 logos spanning countries and continents and hundreds of thousands of units deployed. Our customers are connecting their properties and people with their residents, delivering a best in class and centralized resident experience, with over 90% adoption, driving engagement and retention.

Even more excited to see where the team takes it from here!!

Read more below:

Jan 23 · linkedin

It's always great to see a professional who understands the importance of technology in #multifamily real estate. Michael Carson, SVP/CIO at Habitat, is one such individual who has balanced the art and science of real estate technology.

From our early days of serving Habitat's residential portfolio with Rise Buildings (now VTS Activate for Multifamily), Michael has always been a great advisor and friend. While Michael fully supports that a best-in-class resident experience driven by technology is key, he puts equal if not more weight in how that technology creates utility and efficiency for Habitat's property teams.

His best practices and insights are a must-read for anyone interested in bettering the experience for renters and property teams alike. Check out his interview with the team at VTS to learn more:

Related Questions

What inspired Prasan Kale to start Rise Buildings?
How did the acquisition by VTS impact Rise Buildings?
What is the patented beacon technology used by Rise Buildings?
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What role does Prasan Kale play at VTS Rise?
Prasan Kale
Prasan Kale, photo 1
Prasan Kale, photo 2
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Location

Chicago, Illinois, United States