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This 31-Year-Old Venture Capitalist Has Bet $12 Million On Real Estate And Diversity

As institutional landlords grapple with vacant buildings, and real estate startups fight for survival, one 31-year-old venture capitalist is betting his firm on the category bouncing back.

Stealth until now, Los Angeles-based VC firm Wilshire Lane Partners has invested $12 million in property tech startups in the past 10 months, says founding partner Adam Demuyakor, even as the spread of Covid-19 has battered the category. Demuyakor and Wilshire Lane have made six investments to date, alongside bigger investors such as Andreessen Horowitz and FJ Labs.

Wilshire Lane’s investments remain small compared to many VC firms...

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