Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
GlobeSt
Voice-recognition AI is the next big thing in artificial intelligence. Commercial real estate companies are starting to experiment with it as a way to improve operations. Consumers are gradually becoming more exposed to this technology, as oftentimes, customer service phone lines will indicate that they recognize or are measuring the caller’s voice through pitch, tone and dialect.
Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, and IngeniousIO, a developer of cutting-edge project management software, announced the rollout of a new software platform to Cushman & Wakefield’s Project & Development Services team. IngeniousIO’s platform hosts all project data and documentation on a cloud-based server accessible to all service providers collaborating on a project. This technology solution will improve project delivery resulting in bet…
Wall Street Journal
Zillow Group Inc. reached a deal to sell about 2,000 homes from its ill-fated house-flipping program, the company’s biggest bulk sale as it starts unloading thousands of homes and terminates the business.
Bisnow
As more and more workers return to the workplace, the U.S. coworking and flexible office industry stabilized this fall, with rents on the rise and more locations opening than closing for the first time since the coronavirus pandemic began, according to a new report.
Bisnow
A development team is building a 52-unit multifamily project out of 130 used shipping containers in West Palm Beach, Florida. When complete, it will be the largest shipping container housing project in the country, according to Shelterforce.
Density
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….
Urban Land Institute
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…
Washington Governor
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 …
Axios
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
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….
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