Latest in Commercial Real Estate Tech News by CREtech

Density Raises $125m Series D Round Led by Kleiner Perkins

Density

11/13/2021

In 2014, there was a question that inspired us to start Density — Would it be useful to know how a city is used? We believe the answer is, yes. If New York City all of a sudden knew how it was used, it would identify its inefficiencies and redesign itself. An entire city reliably knowing how it was used would unlock a world of new possibilities. Whatever is true for New York would be true for San Francisco and Denver and Boston. It would be true for Toronto and Paris. For Berlin and Tokyo….

Lack of Transparency, Standardization Bring Real Estate Climate Risk Assessments into Question

Urban Land Institute

11/13/2021

As the 26th United Nations Climate Change Conference of the Parties (COP26) continues this week, real estate industry leaders are paying more attention than ever to sustainability and climate change. Rising temperatures, rising oceans, and increasingly severe weather are putting the built environment at risk. “This is a multitrillion-dollar problem to solve,” says Billy Grayson, executive vice president of the ULI Center for Sustainability and Economic Performance. “The better we get at forec…

Inslee joins other Pacific Coast leaders in Glasgow to launch Low Carbon Construction Task Force

Washington Governor

11/13/2021

Gov. Jay Inslee is in Glasgow, Scotland to participate in the 26th annual Conference of Parties, a U.N. climate summit that brings leaders together from across the globe to commit and take action to significantly reduce greenhouse gas emissions to curb the worsening impacts of climate change. Today, the governor joined other leaders from the Pacific Coast Collaborative for the launch of the Low Carbon Construction Task Force. “Washington and the PCC region are leaders in demonstrating how …

Your new apartment is someone’s old office

Axios

11/13/2021

Abandoned office buildings all over the U.S. are being converted into apartments, Erica Pandey writes. By the numbers: In 2020 and 2021, a whopping 13,250 apartments across the country have come from repurposed offices, per a new report from RentCafe….

Motional and Lyft to Launch Fully Driverless Ride-Hail Service in Las Vegas in 2023 – Will Mark First City in Multimarket Deployment

Motional

11/13/2021

Motional, a global leader in driverless technology, and Lyft, Inc.(Nasdaq: LYFT) today announced the planned launch of a fully driverless public ride-hail service in Las Vegas, the first city in a multimarket deployment. Motional’s next-generation robotaxis, the all-electric Hyundai IONIQ 5-based robotaxi, will be available on the Lyft app in Las Vegas, starting in 2023. The deployment is part of a landmark partnership between Motional and Lyft announced last year….

VergeSense Raises $60M in Series C Funding to Raise the Power of the Square Foot

Verge Sense

11/13/2021

Today, we are thrilled to announce that VergeSense has secured $60 million in Series C Funding led by Scale Venture Partners. In our commitment to provide data-driven insights to enterprises eager to raise the power of their square foot, this investment will help the company accelerate platform innovation and growth. We attribute this rapid growth to our innovative customers, who are leading the way to provide their employees with impactful workplaces that cultivate collaboration, innovation and…

Altus Strengthens CRE Data and Analytics Capabilities Through Acquisition of Reonomy

Globe Newswire

11/13/2021

Altus Group Limited (TSX: AIF) (the “Company” or “Altus”), a leading provider of software, data solutions and independent advisory services to the global commercial real estate (“CRE”) industry, announced today that it has signed a definitive agreement to acquire Scryer, Inc. (dba Reonomy) (“Reonomy”), a fast growing, AI-powered data platform for the CRE industry, for US$201.5 million (approximately C$249.5 million), (on a cash-free/debt-free basis) subject to adjustments. The transaction is exp…

E-Commerce and the Pandemic Have Driven Record Demand for Industrial Real Estate. Technology is Playing a Critical Role in Optimizing this Sector.

Proptech Future

11/11/2021

Most of the articles that I have published so far have been focused on Office, Multi-Family, and Single Family Residential Real Estate. However, the real estate sector which is currently experiencing the biggest growth is Industrial. Prior to my research for this article, I honestly didn’t fully appreciate the critical role that technology plays in the future of Industrial Real Estate.

Building and Renting Single-Family Homes Is Top-Performing Investment

Wall Street Journal

11/11/2021

Single-family homes built to rent are emerging as the hottest corner of the U.S. property market, as investors respond to booming demand from home-seekers priced out of housing for sale. Rents on homes are rising faster than ever. New household formation is also increasing the demand for rentals, as more young people get their own places.

Vacation Rental Firms Vacasa, Sonder to Test Market With Public Offerings

Wall Street Journal

11/11/2021

A group of short-term rental companies are poised to go public, testing investor appetite for companies marketing themselves as alternatives to hotels, individual host listings and even traditional office space. Professional managers of vacation homes and apartments have benefited from surging demand over the past year, as more Americans take advantage of remote work to book stays in small towns and resort destinations….

Latest Trends and Insights in Real Estate Technology

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Density Raises $125m Series D Round Led by Kleiner Perkins

Lack of Transparency, Standardization Bring Real Estate Climate Risk Assessments into Question

Inslee joins other Pacific Coast leaders in Glasgow to launch Low Carbon Construction Task Force

Your new apartment is someone’s old office

Motional and Lyft to Launch Fully Driverless Ride-Hail Service in Las Vegas in 2023 – Will Mark First City in Multimarket Deployment

VergeSense Raises $60M in Series C Funding to Raise the Power of the Square Foot

Altus Strengthens CRE Data and Analytics Capabilities Through Acquisition of Reonomy

E-Commerce and the Pandemic Have Driven Record Demand for Industrial Real Estate. Technology is Playing a Critical Role in Optimizing this Sector.

Building and Renting Single-Family Homes Is Top-Performing Investment

Vacation Rental Firms Vacasa, Sonder to Test Market With Public Offerings

Latest Trends and Insights in Real Estate Technology

Search

Density Raises $125m Series D Round Led by Kleiner Perkins

Lack of Transparency, Standardization Bring Real Estate Climate Risk Assessments into Question

Inslee joins other Pacific Coast leaders in Glasgow to launch Low Carbon Construction Task Force

Your new apartment is someone’s old office

Motional and Lyft to Launch Fully Driverless Ride-Hail Service in Las Vegas in 2023 – Will Mark First City in Multimarket Deployment

VergeSense Raises $60M in Series C Funding to Raise the Power of the Square Foot

Altus Strengthens CRE Data and Analytics Capabilities Through Acquisition of Reonomy

E-Commerce and the Pandemic Have Driven Record Demand for Industrial Real Estate. Technology is Playing a Critical Role in Optimizing this Sector.

Building and Renting Single-Family Homes Is Top-Performing Investment

Vacation Rental Firms Vacasa, Sonder to Test Market With Public Offerings

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