Latest in Commercial Real Estate Tech News by CREtech

Latest Trends and Insights in Real Estate Technology

Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.

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Renters Could Collect Home Down-Payment Points With Credit Card

The Wall Street Journal
6/22/2021

A new credit-card concept would allow cardholders to pay and build credit on their largest monthly expense: rent. Bilt Technologies Inc., a real-estate startup, is joining with Evolve Bank & Trust and Mastercard Inc. to launch a credit card designed for renters. Users can accumulate rewards points through rent and other spending, with no fees charged to the tenant or the landlord when paying rent on the card, according to Bilt.

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Super Early Bird Price EXTENDED for 24 Hours! Get CREtech New York Tickets Now

CREtech
6/21/2021

We’re back LIVE in New York! Join us this Fall for 2 days of in-person networking, demos and keynote presentations to drive new business like never before. Join 1000+ leaders at real estate’s premier event for tech startups, innovation, investors, and industry players to connect and do business.

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Turning Data into Strategy: Watch the Trailer Now!

CREtech+
6/21/2021

Revathi Greenwood, Global Head of Data and Insights at Cushman & Wakefield dissects how to effectively approach data to make informed strategic decisions, and how migration patterns, work from home, and stimulus packages are affecting the future of real estate.

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Tech’s war for your wrist

Axios
6/21/2021

Tech’s biggest companies are ramping up competition for the real estate between your hand and your elbow.

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Tech startups keep workers remote but plan elaborate “bonding trips”

Axios
6/21/2021

Many tech startups are choosing to keep employees working from home and are pivoting to planning several elaborate company retreats per year to allow employees to meet and bond, the Wall Street Journal reported this week….

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A Real Estate Mogul Has a $100 Million Plan to Save the Internet

Yahoo Finance
6/21/2021

(Bloomberg) — Frank McCourt, the billionaire real estate mogul and former owner of the Los Angeles Dodgers, is pouring $100 million into an attempt to rebuild the foundations of social media. The effort, which he has loftily named Project Liberty, centers on the construction of a publicly accessible database of people’s social connections, allowing users to move records of their relationships between social media services instead of being locked into a few dominant apps.

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Proptech and New York’s Next Mayor: An Unprecedented Opportunity Looms

Commercial Observer
6/21/2021

New York City property owners are pouring money into myriad new technologies that manage the construction process, control building access, and lower energy consumption.

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New York Faces Lasting Economic Toll Even as Pandemic Passes

The New York Times
6/21/2021

As the national economy recovers from the pandemic and begins to take off, New York City is lagging, with changing patterns of work and travel threatening the engines that have long powered its jobs and prosperity. New York has suffered deeper job losses as a share of its work force than any other big American city. And while the country has regained two-thirds of the positions it lost after the coronavirus arrived, New York has recouped fewer than half, leaving a deficit of more than 500,000 j…

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Virginia establishes smart city testbed

Smart Cities World
6/21/2021

Virginia is launching what claims to be the US state’s first smart city testbed, in partnership with Stafford County, Virgina’s Centre for Innovative Technology (CIT) and technology provider Mutalink. This public/private partnership is funded by the US Department of Homeland Security (DHS) Science and Technology Directorate (S&T) that aims to foster community-driven innovation that improves emergency response.

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The Clubby World of Venture Capital Finds a New Bet: Black Entrepreneurs

The Wall Street Journal
6/21/2021

Austin Clements was ready to give up. He’d quit his job in venture capital in 2019 to try to launch his own fund giving early-stage money to tech startups founded by entrepreneurs of color, but investor interest was slim. Last June, he and his co-founder figured that before throwing in the towel, they’d write one final mass email to anyone they’d ever pitched or spoken to about their fund—a group of around 300 people—asking for support.

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