Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Connect National
Crexi, the Los Angeles-based marketplace, data, and technology platform, on Tuesday announced Intelligence, a database subscription with more than 13 million sales comparables in the United States, and 48 million recently added property records.
CREtech+
Revathi Greenwood, Global Head of Data and Insights at Cushman & Wakefield unveils the company’s four-fold approach to technology and innovation, and their unique approach to data analytics that informs their tech strategy for the future.
Pitchbook
The pandemic had a tumultuous effect on the real estate industry. On the one hand, offices stood empty, hotel occupancy rates plummeted and construction was halted for many months. At the same time, demand for residential housing intensified as people were looking for more space to work and study. As a result, 2020 global VC deal flow into commercial real estate technologies fell nearly 80% compared with 2019. Meanwhile, venture investment into residential real estate tech dropped by less …
MIT
July 13-14 Event Focuses on Resilience + Reinvention: Real estate in a time of fundamental change CAMBRIDGE, Mass. (May 1, 2021) – The MIT Center for Real Estate again hosts its annual World Real Estate Forum, virtually on July 13-14, 2021. The Forum is an unparalleled gathering of industry thought-leaders, distinguished MIT faculty and researchers, and real estate innovators, engaging in a wide-ranging conversation about technology, innovation and the future of the global real estate industry. …
The Wall Street Journal
Some bank chiefs, like JPMorgan’s Jamie Dimon, talk as if the office will soon look more or less as it did before. Their real estate lending teams seem less sure.
Axios
Columbus, Ohio, was transformed by new mobility technology over the past five years after winning the coveted Smart Cities Challenge, and it plans to keep innovating after completion of the project.
The Wall Street Journal
Information-technology executives at some real-estate firms are rolling out artificial-intelligence-based tools designed in part to help agents close deals faster, which could prove useful in today’s hot housing market. While the selling and buying of homes remains an agent-driven business, IT leaders say such tools can augment their efforts, especially in a market with record prices and tight inventory….
Forbes
As vaccinations ramp up and Covid-19 transmissions decline, the journey toward normalcy seems just about over. Because of that, I believe commercial real estate generally and office space specifically remain sound investments. However, the pandemic has forever changed the way corporations and workers use these assets and, as a result, how investors should think about putting their capital behind them.
The Real Deal
Less than three months after going public amid a wave of investor optimism about housing markets and enthusiasm for real estate technology, Compass shares have dropped almost 30 percent.
Bisnow
As more markets roll back pandemic-era restrictions on occupancy and more employers firm up plans for a return to the office, coworkingoperators are keeping up with the expectations and desires of users by updating spaces.
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