Latest in Commercial Real Estate Tech News by CREtech

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CREtech London Follows Huge Success Of CREtech NYC With Over 2500 Professionals Attending The Conferences Within The Past Two Weeks

CREtech
11/1/2021

New York (November 2, 2021) — CREtech, the largest international community of professionals devoted to technological innovation in the real estate sector, hosted its debut London conference on the 27th and 28th of October to extraordinary reviews and attendees feedback. This event was the first for CREtech in London since it’s acquisition of FUTURE PropTech in 2019. The successful London event came on the heels of the company’s first in person event since 2019 in New York on October 13 an…

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Porch acquires mortgage software firm Floify for $90M

Housingwire
10/30/2021

Publicly traded proptech company Porch Group has been acquiring companies left and right over the past year, and it’s evidently not done yet. The firm announced Wednesday that it has acquired Denver-based digital mortgage automation and point-of-sales software company Floify. The acquisition cost Porch about $76.5 million in cash and $10 million of Porch’s common stock at closing, according to a press release. In 2021, Floify’s software, which streamlines the loan origination process by al…

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For Commercial Real Estate Entrepreneurs, Pandemic Proving To Be The Right Time For Innovation

Forbes
10/30/2021

The pandemic has left many small businesses battered and bruised. Others were killed off entirely by the impact of the Covid-19 virus. But for many emerging proptech firms in the commercial real estate space, the Covid era has been a boon to business. So says Daniel Tropp, president and founder of Brooklyn, N.Y.-based AEBOV Industrial Real Estate Brokerage, which handles leasing, investment sales and research, and offers what Tropp terms “the industry’s most innovative real estate valuation p…

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Why Startup Investors Are Putting More Money Into Insurtech

Crunchbase News
10/30/2021

Insurance—an industry known for veteran brands and a cautious approach to risk—might seem a strange fit for the move-fast-and-break-things ethos of the startup world, but that hasn’t dissuaded venture capitalists from scaling up.

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Freshly launched Span Drive continues Span’s mission to smarten up your home

TechCrunch
10/30/2021

Gone are the days when your A/C and washer/dryer were the movers and shakers (electrically speaking) in your house. These days, electric vehicle chargers, solar power and battery storage solutions set more electrons a-dancin’. Span is one of the companies running point on adding some smarts to the process. The company today launched the Span Drive, an EV charger that is making it possible to further empower your EV based on various rules….

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Jobs Advertising Hybrid Work Availability Surge in Q3

GlobeSt
10/30/2021

The office sector has seen a spate of downsizing moves among large tenants coast to coast over the last quarter, despite increasing occupancy across top US metros in the last few months.

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Startup Cover hauls in $60M to build homes in backyards

The Real Deal
10/30/2021

Cover, a Los Angeles-based startup that builds custom backyard homes for renters and financially challenged relatives, raised $60 million to scale up. Gigafund led the Series B round with participation from Valor Equity Partners and Founders Fund — early investors in Elon Musk’s SpaceX and Tesla — and homebuilder Lennar, among others.

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Leveraging Data in Retail, Part 3

CREtech
10/30/2021

Ami Ziff of Time Equities discusses how consumers’ demands are constantly pushing the retail industry forward, and how that affects the real estate that these companies inhabit.

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Meet the exec leading Realogy’s big iBuying bet

The Real Deal
10/30/2021

Katie Finnegan has felt the pain of moving. Acutely. The new chief executive of Realogy’s iBuyer program has moved three times in the past three years, selling and buying homes in New York City, San Francisco and Los Angeles. And although she said “rock-star agents” handled the sales, she described the experience as “stressful.”

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CREtech London | Real estate given wake-up call on ‘dangerous’ offsets

Placetech
10/30/2021

In one of the hardest hitting sessions at CREtech London, a panel of VCs gave real estate several warnings about its approach to sustainability and the future of climate regulations.

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