RET VENTURES TAPS PROPTECH VETERAN JONES AS PLATFORM PARTNER

RET Ventures, a venture capital firm focused on technologies for the multifamily, single family rental and broader real estate asset classes, has appointed multifamily technology industry veteran Monte Jones as platform partner.

Jones comes to RET Ventures with nearly two decades of experience in the multifamily industry. He served as president of On-Site.com, an end-to-end marketing and leasing platform for the apartment industry. Under his leadership, revenues grew by more than 200%, leading to its ultimate $250-million exit to RealPage in 2017. After the sale, Jones developed and led several specialized sales and go-to-market teams, integrated newly acquired companies into the RealPage system and left RealPage as its chief experience officer.

In addition, Melissa Fagan has joined RET as a vice president. Fagan previously served as an investment associate for KSL Capital Partners, and a private equity associate at Goldman Sachs. She received her bachelor’s degree in engineering from Princeton University.

Jaymie Fung Bingham has joined the RET team as an associate. Prior to joining RET, Fung Bingham served as a private equity and venture capital associate at Ensign Peak Advisors. She received her bachelor’s and master’s degrees in accounting from Brigham Young University. Julia Lambert has joined the RET team as an associate. Lambert previously served as an investment associate at The Carlyle Group and Hanover Real Estate Investors (now Pacific Urban Investors). She received her bachelor’s degree in civil engineering from Stanford University.