It’s double the size of its debut venture capital fund. : Real estate-focused venture capital firm Fifth Wall has closed what it’s calling the largest real estate venture fund raised to date—having secured $503 million in commitments that it plans to invest in real estate technology, or “proptech,” companies. My colleague Rey Mashayekhi has the news this morning. He reports that the new fund is more than double the size of the three-year-old venture capital firm’s first fund, which closed at $212 million in 2017.