Propy Secures $100M Credit Facility for AI and Blockchain Real Estate Closings

There is a quiet moment before every land grab when the smart money stops talking about vision and starts talking about plumbing. Real estate has been running on analog pipes for decades, and Propy decided to stop admiring the house and crawl under it. Miami-based Propy just secured a $100 million credit facility from Metropolitan Partners Group, not to chase headlines, but to buy the slow, cash flowing machinery of title and escrow and wire it into something faster, cleaner, and harder to defraud.

Propy was incorporated in 2015 and launched its platform in 2016, long before blockchain became cocktail conversation. Founder and Chief Executive Officer Natalia Karayaneva came in with scar tissue from real estate development and a software engineer’s intolerance for wasted motion. What she saw was an industry where a single closing drags 30 to 45 days, touches more than a hundred hands, and quietly taxes buyers 3 to 10 percent in closing costs. That friction is not tradition. It is unpriced risk and unpaid time.

This $100 million facility, announced January 29, 2026, comes from Metropolitan Partners Group, led by Managing Partner and Chief Investment Officer Paul Lisiak. This is debt, not dilution. Cash to acquire profitable regional title firms while keeping ownership tight. It is a rollup strategy built on boring fundamentals and sharp execution. Propy already crossed $5 billion in transaction volume, doubled year over year, and reached profitability in 2024. The math works because the pipes already throw off cash.

The twist is Agent Avery, Propy’s AI escrow officer launched in October 2025. Trained on thousands of real transactions, Agent Avery handles email monitoring, document intake, bank verification, and coordination that eats up most of an escrow officer’s day. In Florida, closings that used to take over a month are landing in about eight days. Nights, weekends, no coffee breaks, no forwarded wiring instructions floating around inboxes like live grenades.

The acquisition of Delta South Title in Alabama proved the point. Over 40 percent market share in Mobile County, same team, same local brand, less paperwork, more throughput. By January 2026, Propy had already completed a second acquisition and signed a letter of intent for a third in Florida. The pipeline sits around $75 million, and the target firms know exactly why the phone is ringing.

This is not crypto theater. The blockchain here is an audit trail, a fraud lock, and a settlement engine. Properties closed on Propy get a blockchain record alongside county filing. Escrow funds can even earn yield through the Morpho partnership while waiting to close. Founder and Chief Financial Officer Maria Angelova keeps the structure disciplined. Chief Revenue Officer Eric L. Cruz pushes volume. Anna Atencio runs title operations like a control room, not a back office.

Real estate does not need louder promises. It needs fewer emails, fewer delays, fewer places for money to disappear. Propy is buying the toll booths, automating the gates, and letting the traffic move. If this plumbing holds, the market will not argue with the flow.