Property Site Gets Financing

PropertyFirst.com Inc. raised $44.3 million from a group of investors and will use the funds to boost research efforts, accelerate its market expansion and increase its sales and marketing operations. The Alhambra-based firm said the deal was led by Oak Investment Partners and Amerindo Investment Advisors. PropertyFirst.com operates an online multiple-listing service for commercial property. The firm’s listing service includes $6.2 billion worth of property for sale.