Latest in Commercial Real Estate Tech News by CREtech

Latest Trends and Insights in Real Estate Technology

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Roofstock raises $240M at $1.9B valuation to expand access to real estate investing

PR Newswire
3/14/2022

Roofstock, the leading end-to-end online platform for single-family rental (SFR) investing, today announced it closed a $240 million Series E equity financing round, bringing the company’s valuation to $1.94 billion. SoftBank Vision Fund 2 led the financing with participation from existing and new investors including Khosla Ventures, Lightspeed Venture Partners, Bain Capital Ventures, Canvas Ventures, Citi Ventures, First American Financial, Expanding Capital, 7GC & Co., JLL Spark, SVB Capit…

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REaaS, Tokenization, and the state of CRE in Latin America, Part 1

CREtech
3/14/2022

Carlos Rousseau, Co-founder and CEO of Orange Investments, discusses the challenges the real estate industry faces in Latin America, and worldwide, and how technology can achieve solutions across various verticals when implemented strategically.

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First American Financial Corporation Appoints Paul Hurst Chief Innovation Officer

First American
3/14/2022

Venture and tech executive takes on new position focused on enhancing First American’s leadership in driving real estate innovation

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Thousands of New Tech Jobs Spring Up Far From Silicon Valley

Wall Street Journal
3/14/2022

Where to find new jobs in tech? Increasingly, the answer is far outside Silicon Valley. Smaller cities like Virginia Beach, Va., Madison, Wis., and Durham, N.C., have marked strong growth in new tech jobs while cities traditionally considered tech strongholds have seen their growth rates slip, according to a Brookings Institution report.

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Coworking Giant IWG Investing $354M For Stake In The Instant Group, Merging Digital Assets

Bisnow
3/14/2022

Coworking specialist IWG is merging its digital assets with flexible workspace platform The Instant Group, which has a presence in 18 countries. IWG’s digital assets include EasyOffices.com, Meetingo.com, Rovva and Worka, and the merged entity will offer such services as membership plans, virtual offices, office booking and consulting, according to The Instant Group. …

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A Two-Year, 50-Million-Person Experiment in Changing How We Work

New York Times
3/10/2022

The office was never one size fits all. It was one size fits some, with the expectation that everybody else would squeeze in.

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VTS bolsters European expansion with nine UK hires

Placetech
3/10/2022

The real estate management platform, used by Blackstone and Brookfield, has doubled down on its UK hiring spree with nine new appointments, including a senior director previously at WeWork.

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How Retransform uses proptech to ease property management pain

Placetech
3/10/2022

Today’s property management industry faces unprecedented questions about how to reduce carbon while creating places that meet radically changing occupier needs. Retransform, a property management expert with more than two decades experience, uses technology to find the answers.

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Upflex Is Powering Newmark’s New Portfolio Strategy Tool, Optality

Upflex
3/10/2022

The future of work is here. Companies around the world are focused on building workplaces that agile, accessible and inspiring, shaped by human experience and by evolving technology. These workplaces are dynamic. They’re flexible. And they’re connected. To crystallize this vision, they need a new toolset.

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Alfred Raises $125M to Buy RKW Residential Portfolio in Sun Belt

Commercial Observer
3/10/2022

Technology startup Alfred, which offers residential management software, has acquired management company RKW Residential after raising $125 million in order to expand throughout the Sun Belt. Alfred will integrate RKW’s 30,000 single-family and multifamily rental units — in places like Miami, Charlotte and Atlanta — into its portfolio, deploying its technology across it to give renters the ability to pay rent and renew their lease through an app.

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