Latest in Commercial Real Estate Tech News by CREtech

Latest Trends and Insights in Real Estate Technology

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Prevu Accelerates West Coast Expansion with San Diego Launch

Prevu
9/25/2021

Prevu, a real estate technology company on a mission to empower homebuyers and save them time and money, today announced its expansion into San Diego, advancing its strategy to bring unparalleled control, transparency and savings to the home buying process in metropolitan cities across the country. The launch marks an expansion within California following the company’s entry in Los Angeles and Orange County earlier this year, and is well timed for San Diego homebuyers looking to save money in th…

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The Impact of Climate Change on Housing and Housing Finance

Research Institute for Housing America
9/25/2021

The Earth’s climate is changing. These changes will impact housing and the housing finance industry. Beyond these two certainties, there is a long list of unknowns. What forms will climate change take? How extreme will these changes be? Where will they be most concentrated? And what will be the pace of these changes? Can these changes be reversed or mitigated?

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As inflation fears spike, 1build raises $14M to help construction firms optimize their cost estimates

TechCrunch
9/25/2021

It’s an extraordinarily exhausting time to estimate costs in the construction industry. Lumber prices skyrocketed during the post-pandemic construction spree, only to come hurtling back down to Earth in recent weeks. Copper, concrete and steel have also seen wild price swings as supply chain breakages, workers shortages, border restrictions and more plague price stability….

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Frank Spadafora joins StateBook Advisory Board

StateBook
9/25/2021

StateBook, a leader in digital, data-driven location intelligence solutions, is pleased to announce the addition of Frank Spadafora to our Advisory Board. “We are delighted to welcome Frank to our board,” said Calandra Cruickshank, CEO of StateBook. “Having someone with his deep experience in commercial real estate and product development will be an incredible complement to our rapidly-growing company. We look forward to collaborating with Frank as we continue to invest in our location intell…

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Cadillac Fairview and HqO Announce Partnership and National Roll-Out Plan for CF Concierge Platform

Cadillac Fairview
9/25/2021

Cadillac Fairview (CF), a globally-focused owner, operator, investor, and developer of best-in-class real estate across retail, office, residential, industrial, and mixed-use asset classes based in Canada, is pleased to announce its partnership with HqO, the leading end-to-end tenant experience operating system for office buildings. Today, Cadillac Fairview is thrilled to announce the launch of CF Concierge, a mobile app designed to support building occupants with an enhanced workplace experienc…

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Investing with a Learning Mindset, Part 2

CREtech
9/25/2021

Breton Birkhofer of DivcoWest reveals what he believes to be the top characteristics of successful investors, and why he’s so excited about occupier-focused technology.

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How Proptech Benefits From The Squeeze Between Investors And Institutions

Crunchbase News
9/25/2021

Proptech startups are booming. According to recent data from Crunchbase, VC-back real estate companies have raised nearly $11 billion this year, up about 22 percent from a year ago. That surge is being fueled by a number of important trends like low interest rates, a red-hot construction market, and government spending, but the center of this proptech surge is the flood of institutional money into real estate….

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Something Ventured: Despite Blockbuster Venture Investment, Female Founders’ Share Of VC Funding Falls

Crunchbase News
9/25/2021

Reading headlines around U.S. startup funding, a common theme for 2021 is that practically everything is up. Venture investment is at record highs. Sectors like crypto, security and telehealth are seeing multifold gains. Giant rounds and big exits keep piling up.

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Global Founders Capital leads $9.3M investment into Awning, a real estate brokerage for individual investors

TechCrunch
9/25/2021

Earning passive income as an investor in single-family rental homes is a dream for many, but also something that can be intimidating to break into. Awning is a startup that aims to make the process less intimidating through a platform designed to allow individuals to invest in single-family rental homes not just in the cities or states in which they live but in other markets remotely as well. And today, the San Francisco-based real estate brokerage is coming out of stealth with $9.3 million in …

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QSRs Turn to Modular Construction as They Downsize

GlobeSt
9/23/2021

Last month in Brooklyn Park, MN., Taco Bell broke ground on what it billed as one of its most innovative restaurant designs yet — Taco Bell Defy. Set to open its doors to the public by summer 2022, the 3,000 square-foot, two-story model features four drive-through lanes. Taco Bell is not alone in this trend; in general, QSRs are paring down their footprints, especially the single-tenant drive-through tenants.

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