Latest in Commercial Real Estate Tech News by CREtech

Latest Trends and Insights in Real Estate Technology

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essensys plc Launches Flex Services Platform to Power Next Generation Flexible Real Estate Solutions

essensys
3/16/2021

The world’s leading provider of software-as-a-service and technology to the flexible workspace industry addresses evolving occupier requirements for flexibility, innovation and exceptional in-building experiences. NEW YORK, March 16, 2021 – Real estate is changing and office landlords as well as flexible workspace providers must evolve to meet new market demands as the workforce contemplates the return to the office. Occupier requirements are quickly evolving, with the pandem…

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Meet the Future of Flexible Real Estate Technology

essensys
3/16/2021

The world’s leading provider of software-as-a-service and technology to the flexible workspace industry is addressing evolving occupier requirements for flexibility, innovation and exceptional in-building experiences.

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Embracing a New Era of Tech in CRE, Part 3

CREtech+
3/16/2021

In the final installment of Embracing a New Era of Tech in CRE, Michael Rudin opens up about market forces he is most mindful of when looking at his future innovation strategies and what he’s most excited about for the future of CRE tech.

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How Proptech Is Changing Multifamily For The Better

Forbes
3/15/2021

The way we engage with multifamily real estate is changing. Covid-19 may have expedited the process, but a digital transformation was taking place long before we all “went virtual” in March of 2020. That’s because of proptech. The rising popularity of property technology is a strong driver for change in the multifamily sector, propelling us swiftly on a path to a more human-centric, thoughtful future for building ownership, management and residents alike. Let’s take a look.

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Micromobility Data Startup Populus Raises $5M from Investors

Government Technology
3/15/2021

Populus, a startup whose software helps cities manage streets, micromobility and curbs, has raised $5 million from investors. The company’s fundraising comes after it launched a new solution, Street Manager, last year. That tool was meant to help cities plan and enforce shared streets, slow streets and other closure programs. On top of that, Populus delivers data on things such as e-scooter trips and curb parking demand….

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Why Procore’s IPO is back on, View’s foggy Nasdaq debut

The Real Deal
3/15/2021

Bolstered by a housing boom and uptick in construction, Procore filed an updated S-1 registration statement on March 2. In the filing, the company said its revenue grew 38.4 percent last year to $400.3 million.

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WeWork unbundles its products in an attempt to make itself over, but will the strategy work?

TechCrunch
3/15/2021

For years, there was a debate as to whether WeWork was a tech company or more of a real estate play. At first, most people viewed WeWork as a real estate startup disguised as a tech startup. And as it kept scooping up more and more property, the lines continued to blur. Then we all watched as the company’s valuation plummeted and its IPO plans went up in smoke.

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Two SPACs led by Russell Galbut and Michael Liebowitz each file for $100M IPOs

The Real Deal
3/15/2021

The two partners, who last year raised $115 million for their New Beginnings Acquisition Corp. blank check company, filed initial public offerings for two more companies, New Beginnings Acquisition Corp. II and New Beginnings Acquisition Corp. III, each targeting $100 million raises.

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Tech-Oriented Cities Have Thrived During The Pandemic

Bisnow
3/15/2021

Milken Institute, a Santa Monica, California-based nonprofit that focuses on issues related to human, financial and social capital, recently published its Best-Performing Cities 2021 report that detailed the nation’s top growth nexuses with Provo-Orem, Utah, ranking as the top-performing large metro area with a population over 100,000.

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Short Sellers Boost Bets Against SPACs

Wall Street Journal
3/15/2021

Investors who bet against stocks are targeting special-purpose acquisition companies, one of the hottest growth areas on Wall Street. The dollar value of bearish bets against shares of SPACs has more than tripled to about $2.7 billion from $724 million at the start of the year, according to data from S3 Partners.

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