Latest in Commercial Real Estate Tech News by CREtech

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New Speakers From Bozzuto, CBRE, EQ Office, PGIM Real Estate, Prologis Ventures and UDR Added to CREtech New York Conference Lineup

CREtech
9/26/2022

New York, NY (September 26, 2022) — CREtech, the largest international community of professionals devoted to technological innovation in the real estate sector, announced today that speakers from Bozzuto, CBRE, EQ Office, PGIM Real Estate, Prologis Ventures and UDR will join the speaker lineup for CREtech’s flagship conference and largest real estate technology conference, CREtech New York, this October 12-13. Nearly 2,500 real estate professionals from around the world are expected to attend C…

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First ground-up Flex by JLL space will open in Q2 2023

JLL
9/23/2022

JLL announced that Flex by JLL, its enterprise-grade flexible space solution, has entered into a leasing agreement with Manulife US Real Estate Investment Trust (“MUST”) for the opening of a 15,407-square-foot flex office and coworking space at 500 Plaza Dr. in Secaucus, New Jersey. This opening will mark the first official ground-up Flex by JLL space to come to market in the U.S.

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Compass Eliminates More Jobs as Real Estate Brokerage Seeks to Cut Costs

Bloomberg
9/23/2022

Compass Inc. cut more jobs, part of cost-reduction moves by the real estate brokerage as it aims to turn a profit even in a weakening US housing market.

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This is how much you could earn in proptech

PlaceTech.
9/23/2022

Nearly a quarter of CEOs in the sector earn $250,000 or more per year, according to a survey by LMRE and Fifth Wall. While salaries in top roles can be high, they also vary significantly. Some 17% of CEOs and presidents earn between $30,000-$50,000.

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Adam Neumann Handing Over Part of Property Holdings to Fund Startup

Wall Street Journal
9/16/2022

Adam Neumann’s new rental-apartment startup recently received a $350 million investment from venture-capital firm Andreessen Horowitz. That big check came with an unusual catch.

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HqO and Building Engines Announce Prism Integration to Deliver World-Class Workplace Experiences

Globe Newswire
9/16/2022

HqO and Building Engines, the world’s leading workplace experience and building operations companies, today announce they are furthering their partnership through integrating Building Engines Prism with the HqO Workplace Experience Platform. The news follows the companies’ initial partnership announcement last year, and enables workplace experience managers of commercial real estate (CRE) companies to increase operational efficiency and tenant satisfaction through key building app features like …

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Sway Ventures Welcomes Former Blackstone backed, EQ Office CEO Lisa Picard as Partner on Its PropTech Investing Team

Sway Ventures
9/16/2022

Sway Ventures announced that multi-decade commercial real estate operator and former Blackstone backed, EQ Office CEO, Lisa Picard has joined the firm as a Partner. Picard adds to the PropTech team at Sway Ventures, which includes Ray Wirta, former Chairman of CBRE, as well as advisors including Doug Holte, CEO for Hines Global Innovation & ESG; Stephanie Fuhrman, former MD of Innovation at Greystar; and Mollie Fadule, Chief Financial & Investment Officer at JPI Companies; among others.

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Construction tech firm raises £10m to help developers, architects and contractors build net-zero modular homes without a factory

Modulous
9/13/2022

Modulous’s Series A is rare example of a tech firm increasing its valuation as global markets slide – a testament to growing interest in companies that help decarbonise real estate The Modulous software platform automates design, costing and programming – meaning developers, architects and contractors can figure out pricing and decide whether a site is viable in hours not weeks Firm aims to partner with developers, public housing providers, architects and construction firms offering them…

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CREtech Announces Five Stages of Cutting-Edge Content at CREtech New York this October 12-13, 2022

CREtech
9/13/2022

New York, NY (September 13, 2022) — CREtech, the largest international community of professionals devoted to technological innovation in the real estate sector, has announced they will be offering five stages of cutting-edge content at flagship conference, CREtech New York, this October 12-13. CREtech New York attendees will experience the full suite of CREtech conference offerings, including a packed expo hall featuring the latest technology solutions, unrivaled networking opportunities with …

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Pakistan Proptech Startup Scene a Standout Among Emerging Markets

Commercial Observer
9/12/2022

A country of 230 million people with a median age of 23, Pakistan is embracing proptech innovation as a means to more efficiently increase housing availability and other real estate services. The proptech industry in turn is providing new job opportunities for Pakistan’s growing number of highly educated young people.

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