Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Bisnow
A renewed surge in coronavirus cases may have some market watchers thinking 2022 is just another sequel to 2020. Commercial real estate players, meanwhile, have their eyes on a bevy of new challenges and opportunities in the new year.
Crunchbase News
While crypto certainly wasn’t new last year, it did enjoy a record-breaking 2021 in terms of newly minted unicorns and venture dollars invested into the space.
Bisnow
Real estate giant Jamestown and Digital Currency Group, a digital assets investor, formed a partnership at the end of 2021 to re-create One Times Square in the metaverse virtual world Decentraland….
GlobeSt
The world is changing. Over the next decade, the on-demand economy and reliance on ecommerce is going to double, according to Cyrus Claffey, founder of ButterflyMX, and that is going to mean more package delivery and more in-person services for building operators to manage on behalf of tenants. Claffey gave a spotlight presentation at the GlobeSt.com Multifamily conference earlier this year about how automation can help to manage these challenges and drive operational efficiency.
GlobeSt
Flex space will play an increasingly important role in the future of the office sector as occupiers demand more agility from physical office space, according to a new analysis from Yardi Matrix—and big changes are expected in how flex space operators earn revenue.
Bisnow
Private equity investors now have a total of $287.8B to invest in commercial real estate, up 11% from a year ago and up a whopping 57% compared with the end of 2019, Bloomberg reports, citing Preqin data.
Bisnow
The New York City office market has seen momentum building for months on all fronts — leasing activity, investment sales and office occupancy — before the omicron variant arrived in December doing its best to ruin the holiday season.
Wall Street Journal
Blank Street has a simple business: It sells coffee—sometimes in carts, usually in small stores. It launched its first location 17 months ago, before it began dotting Manhattan and Brooklyn with baristas.
RENX
The goal of SmartScore, which is from the same company that earlier introduced the WiredScore connectivity rating system for real estate, is to provide clarity, definition and measurement for the growing smart building industry. The certification aims to provide credibility and certainty to an industry rapidly undergoing digital transformation.
FastCompany
When the pandemic forced millions of teams to embrace remote work, tools like Dropbox, Zoom, Slack, and Atlassian’s Jira and Confluence made it possible to transition almost overnight. But the switch was rushed, and now we’re starting to see cracks in the foundation. The next step is replicating the human interactions and connections we’re accustomed to in the physical world in a digital one. The metaverse presents a massive opportunity here.
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