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New York City-based real estate data platform Perchwell on Thursday announced the hirings of Adrian Facini and Joe Kondel to help lead its technology modernization efforts.
”Facini will serve as the company’s vice president of product while Kondel is the new vice president of engineering. They’ll report directly to Perchwell CEO Brendan Fairbanks.
The firm said in a press release that the appointments are part of its continuing effort to “invest in talent, technology and partnerships to support growth and meet the evolving needs of the residential real estate industry through a smarter and more connected MLS platform.”
Facini and Kondel are being tasked with further modernizations to the company’s MLS platform. They’ll help develop advanced data tools, full mobile compatibility, integrated workflows, and collaboration features designed for agents, brokerages and MLSs.
“Adrian and Joe offer a rare combination of enterprise-grade platform expertise and customer-centric innovation,” Fairbanks said in a statement. “They’ve seen firsthand how powerful platforms can transform capital markets, and they’re now applying that same level of innovation to real estate.
“Their track record of building secure, high-scale systems in complex industries — and their focus on solving core workflow challenges — aligns perfectly with Perchwell’s vision to modernize the infrastructure that powers residential real estate.“
Facini comes to Perchwell after a stint at Carta, where he served as head of product for CartaX, the company’s broker-dealer platform. At Perchwell, he’ll lead product strategy and development across application workflows, platform infrastructure and data solutions.
Kondel has more than 20 years of experience in building secure, high-performance systems across regulated industries. He previously worked with IEX, leading its engineering teams that were responsible for growing the firm’s U.S. equities market share to more than 3.5%. In his new role, he’ll focus on technical architecture strategy, cybersecurity and faster product deliver.
In July 2024, Perchwell announced the finalization of a $25 million Series B funding round, led by Lux Capital and several major MLSs — including Stellar MLS, REcolorado and California Regional MLS. The investments were aimed at software development for MLSs and brokerages, along with the incorporation of artificial intelligence in new products.
