Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Venture Beat
The 2010s were huge for artificial intelligence, thanks to advances in deep learning, a branch of AI that has become feasible because of the growing capacity to collect, store, and process large amounts of data. Today, deep learning is not just a topic of scientific research but also a key component of many everyday applications.
Smart Cities Dive
While buzz around the passage of New York City’s Climate Mobilization Act in April 2019 has fizzled, the city’s public officials, property owners, architects, real estate moguls and financiers are revving up to put new policies into practice.
The New York Times
Coronavirus will not kill the office. If anything, it figures to be more dynamic than ever. The ability to work remotely will not drive most people away from cities and offices, but it will enable many to live and work in new ways and places — while causing its fair share of disruption.
CREtech
CREtech (cretech.com), the largest intelligence platform devoted to Reimagining Real Estate, announced today the launch of CREtech+, a new streaming video platform featuring original content from the industry’s leading thought leaders.
Wall Street Journal
Cisco Systems Inc. CSCO -0.09% is pulling the plug on a flagship effort to help digitize the modern city, the latest example of a big tech company struggling to enter a new market. The setback comes as the pandemic has weighed on Cisco’s core business of supplying networking equipment and has limited the ability of local governments to finance such projects….
TechCrunch
VergeSense, a startup that uses machine vision to help businesses better understand how their office spaces are being utilized, today announced that it has raised a $12 million Series B funding round led by Tola Capital.
The Real Deal
Some got bailouts, others got boosters — but across the board, proptech firms continued to reel in cash in 2020 as the pandemic forced the slow-to-adapt real estate industry to fully embrace technology.
Wall Street Journal
The hot new trend for European development is neighborhoods where everything a resident needs is within a short walk. Now, a prominent U.S. developer is building one of London’s largest versions of this type of megaproject.
Wall Street Journal
Investors are buying hotels and turning them into rental apartments, in the latest sign of how the Covid-19 pandemic is changing the American real-estate market. These buyers are trying to take advantage of the hospitality industry’s crisis by taking over struggling or foreclosed properties at bargain prices. They are also looking to profit from rising demand for cheap housing from households forced to downsize during the recession….
Finsmes
Qualia, a San Francisco, CA-based digital real estate closing technology company, raised $65m in Series D financing. The round, which increased its total funding to $160m and valued the company at over $1 billion, was led by existing investor Tiger Global, alongside other existing investors 8VC and Menlo Ventures.
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REGISTRATION IS OPEN FOR EUROPE 2030: SHAPING THE FUTURE OF THE BUILT WORLD IN LONDON ON JULY 1, 2025