CHICAGO (June 11, 2026) – Second Century Ventures (SCV), the strategic investment arm of the National Association of REALTORS®, today announced a strategic partnership with the Confederación Inmobiliaria Latinoamericana (CILA), the region’s preeminent confederation of real estate associations, chambers, and professionals spanning the entirety of Latin America. SCV operates REACH, the world’s most active real estate technology accelerator, with programs across the United States, United Kingdom, Canada, Australia and New Zealand, Latin America, and the Middle East.

The alliance formalizes SCV and REACH as strategic innovation partners within one of the world’s most dynamic and rapidly evolving real estate landscapes. Latin America represents over 630 million people across more than 20 nations—where digitization, urbanization, and generational change are converging to create a significant opportunity for technology adoption across the property sector.

Under the agreement, SCV/REACH and CILA will collaborate to advance technology adoption, share global best practices, expand educational and programmatic opportunities, and build lasting bridges between the Latin American real estate ecosystem and the global tech community.

“Latin America is not an emerging market—it is an emerged one, and the real estate sector here is ready to lead,” said Dave Garland, managing partner, Second Century Ventures and REACH. “Partnering with CILA gives us access to the deepest network of real estate professionals, associations, and leaders across the entire region. This partnership is a massive step forward for REACH’s global mission and brings the best of global innovation to new communities.”

The collaboration will span knowledge-sharing on global innovation trends, facilitation of connections between CILA’s member associations and the SCV/REACH portfolio, exploration of educational workshops and conference programming, and co-development of frameworks to assess and accelerate technology readiness across Latin American real estate markets. The partnership also creates pathways for future initiatives including regional innovation assessments, benchmarking studies, and collaborative programs designed to support modernization across CILA’s member network.

Representing national real estate associations across 19 countries, CILA is the most comprehensive regional voice for the real estate profession in Latin America.

“This alliance with Second Century Ventures and REACH represents a historic opportunity for the real estate sector of Latin America,” said Paulina Cueva, president, Confederación Inmobiliaria Latinoamericana. “CILA has always been committed to elevating the professionalism, innovation capacity, and global connectivity of our member associations. Now, through this collaboration, we are connecting our entire network to the world’s most active proptech ecosystem. We are opening doors that have never been open before—and we are doing it together.”

This partnership extends SCV’s growing global footprint, which already includes established programs in Australia and New Zealand, the United Kingdom, the Middle East, and Canada. The REACH Latin America program has long served the region’s startup ecosystem; the CILA alliance now dramatically expands the institutional depth and practitioner connectivity behind that mission.

“We have been investing in and accelerating top tech companies around the world for over a decade,” said Tyler Thompson, managing partner, Second Century Ventures and REACH. “Latin America has incredible founders, a massive market, and real estate associations that are genuinely hungry for what global innovation can deliver. CILA is the right partner to help us go deeper across this region—and we could not be more excited to build this together.”

About Second Century Ventures and REACH

Second Century Ventures (SCV) is the strategic investment arm of the National Association of REALTORS® and the world’s most active venture fund focused on real estate technology. SCV operates REACH, the leading global real estate technology accelerator, with programs across the United States, Australia, Canada, the United Kingdom, Latin America, and the Middle East. With a portfolio exceeding 375 companies and a presence across 8 global markets, SCV and REACH have helped define and accelerate the real estate sector for over a decade. Learn more at www.scv.vc and www.narreach.com.

About CILA

The Confederación Inmobiliaria Latinoamericana (CILA) is the leading regional organization representing real estate associations, chambers, and professionals across Latin America. Committed to elevating standards, advancing technology adoption, and connecting the region’s real estate community to global best practices, CILA represents one of the most comprehensive and influential networks of real estate practitioners in the world. Learn more at cila.la.

About the National Association of REALTORS®

The National Association of REALTORS® is involved in all aspects of residential and commercial real estate. The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and subscribes to its strict Code of Ethics. For free consumer guides about navigating the homebuying and selling transaction processes—from written buyer agreements to negotiating compensation—visit facts.realtor.

# # #

Information about NAR is available at nar.realtor. This and other news releases are posted in the newsroom at nar.realtor/newsroom.