“We’re building the infrastructure layer that allows real estate to operate on par with modern financial markets — AI-enabled and more liquid,” said Natalia Karayaneva, founder and CEO of Propy. “Instead of 4–7 million homes sold every year, we believe we’ll witness 20 million homes changing hands.”The company has launched an AI agent that performs functions traditionally handled by escrow officers, including monitoring emails, opening transactions 24/7, checking bank accounts and communicating with lenders and homeowners’ associations. “We are pleased to support Propy as it brings much-needed efficiency and transparency to residential real estate transactions,” said Paul Lisiak, managing partner and chief investment officer of Metropolitan. Propy said it plans to acquire firms generating $5 million to $20 million in annual revenue across California, Texas, Tennessee and other states — retaining local teams while using automation to increase volume and expand margins. Since 2021, Propy has processed more than $5 billion in transactions, with volume roughly doubling year-over-year.