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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  • Google office of post-pandemic future has privacy robots, meeting tents and your very own balloon wall

    Chicago Tribune

    In 2003, five years after its founding, the company moved into a sprawling campus called the Googleplex. The airy, open offices and whimsical common spaces set a standard for what an innovative workplace was supposed to look like. Over the years, the amenities piled up. The food was free, and so were buses to and from work: Getting to the office, and staying there all day, was easy. …

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  • Kleiner spots Spot Meetings $5M to modernize walk-and-talks for the Zoom generation

    TechCrunch

    Trees, those deciduous entities you can occasionally see outdoors when not locked down or strapped down at a desktop ruminating on a video call, have long been the inspiration for fresh new ideas. Stories abound of how founders built companies while walking the foothills in Silicon Valley or around parks in San Francisco, and yet, we’ve managed over the past year to take movement mostly out of our remote work lives.

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  • Digital Twin: The Age of Aquarius in Construction and Real Estate

    EY

    In line with the fourth industrial revolution, investing in technological automation has evolved from speculative to mission critical. The digital twin is at the forefront of this movement. First movers in healthcare, energy and transportation are driving inception and creating awareness. From a global market size of $3.1B in 2020, the digital twin is projected to reach $48.2B by 2026.1

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  • Here’s Why We Are Going BACK to In-Person Events

    Michael Beckerman

    Wow, what a year!  First of all, thanks to my friend Marc for capturing my emotions from this past year and a half so brilliantly! He created the first image when I reached out to all of you about the cancellation of our 2020 live events, but now WE BACK! And I couldn’t be more excited, but if you really want to talk about it, the beard ain’t goin anywhere 🙂 Let’s talk about this past year for a minute. While I have seen and experienced every type of imaginable business crisis and threat t…

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  • Workrise, once known as RigUp, raises $300M at a $2.9B valuation

    TechCrunch

    Workrise, which has built a workforce management platform for the skilled trades, announced today that it has raised $300 million in a Series E round led by U.K.-based Baillie Gifford that values the company at $2.9 billion.

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  • The AI-Powered ‘Secret Sauce’ Fueling Oxford Properties Group’s New Investments

    Bisnow

    One of North America’s largest pension-backed real estate companies has been privately developing artificial intelligence that quantifies the value of a property down to every tree, blade of grass and speck of dirt, in an effort to drive smarter investment decisions.

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  • Dallas real estate tech firm lands new $4.5 million investment in platform

    Dallas News

    Founded in 2018 by CEO Kyle Waldrep, the company’s software contains visual tools for tracking office, retail and industrial real estate transactions from vacancy to tours and deal signing to move-in. It has doubled square footage tracked in its platform to more than 20 million since the beginning of this year.

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  • Goldman Sachs Wants to Charm Startups. It Won’t Be Easy.

    Wall Street Journal

    GS Growth, a unit of the bank that buys stakes in maturing startups around the world with the firm’s money, spent recent months courting outside investors, according to people familiar with the matter. Its first client fund, West Street Global Growth Partners, raised more than $3 billion by early May, capital that will be invested in fast-growing closely held companies in the financial-technology, business-software, consumer and healthcare sectors, the people said.

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  • Colony Capital, Other Real Estate Investors Bet Big on Rising Demand for 5G, Digital Services

    CoStar News

    (This story was updated May 20 to identify Colony Capital’s portfolio as including $49.9 billion in assets under management, including $20.6 billion in digital assets, in March 2020.) Colony Capital’s almost $1 billion agreement this week to acquire assets of Landmark Dividend is just the start of a planned $3 billion to $4 billion in digital acquisitions by the company across four newly created real estate investment platforms, as it sells off legacy properties including hotels and industrial s…

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  • Breaking new ground to IPO: The Procore Story

    Bessemer Venture Partners

    Tooey’s path into entrepreneurship was unorthodox. He was a veteran of the first dot-com bubble, living in Santa Barbara, and had spent a decade struggling to get widespread adoption of Procore. A few times in those early years, the company even struggled to make payroll.

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