Arlington’s Monday Properties is Using VR to Manage Online Tours

Arlington, Virginia-based Monday Properties is using virtual reality to manage remote building tours.

The local real estate investment firm launched virtual tech platform MondayVR this week with the help of Bethesda, Maryland’s Interface Multimedia, a design and communication company. This launch is the first phase of a robust platform Monday Properties plans to roll out this year. Austin Freeman, executive VP of asset management at Monday Properties, said the company was working on launching MondayVR before the pandemic hit to expand its remote touring opportunities.

“While MondayVR will be incredibly valuable when communities are in different phases of their reopening plans, we intentionally created the platform to be a sustainable and evolving product long into the future that will help us maintain and strengthen relationships with prospective tenants and the entire brokerage community,” Freeman said in a press release.