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CRETech January 30, 2020
RealPage is expected to retain Modern Message’s employees and operations but move the company from its current downtown Dallas location to RealPage’s corporate headquarters in Richardson, according to a statement. “Modern Message provides a unique boost to our already powerful resident engagement platform,” Jon Pastor, Senior Vice President of Consumer Solutions at RealPage, said in a sta...
CRETech January 30, 2020
Survey respondents, some 90% of global executives, think consolidation is needed for PropTech to prove its ROI and more effectively deliver on the needs of the commercial real estate industry. In fact, 33% of US executives predicted that consolidation will be well underway within the next 12 months. Specifically, areas of PropTech most likely to experience consolidation include property management...
CRETech January 30, 2020

London’s police department said on Friday that it would begin using facial recognition to spot criminal suspects with video cameras as they walk the streets, adopting a level of surveillance that is rare outside China. The decision is a major development in the use of a technology that has set off a worldwide debate about the balance between security and privacy.<...

CRETech January 30, 2020
Traknprotect CEO Parminder Batra is glad that the emergency service device she created worked.  How did she know? Because recently, a man had pushed a housekeeper into a guest’s hotel room, Batra said, and she believed she was about to be assaulted. Equipped with a Traknprotect safety button, the housekeeper immediately used the device to call for help.
CRETech January 30, 2020
No one is eager to be the next WeWork anymore. Startups in the real estate industry have spent the months surrounding the collapse of the coworking monster's valuation adjusting their growth plans to focus on sustainability, rather than grabbing as much market share as possible, The Wall Street Journal reports. That change in strategy has come even as venture capital investment into real estate s...
CRETech January 30, 2020
Proptech firm SquareFoot lured another real estate vet to join the digital brokerage, this time hiring Transwestern partner Jonathan Tootell to head up its New York City brokerage team, Commercial Observer has learned. Tootell joined SquareFoot at the beginning of the month and will become the company’s New York Market Lead where he will work to bring SquareFoot’s brokers “up to speed at wh...
CRETech January 30, 2020
The micromobility market consolidated a bit today in what might be a harbinger of wider contraction. Coinciding with a $75 million extension to Bird’s series D funding round that brings its total raised to $350 million (up from $275 million as of November 2019), the Berlin- and Santa Monica-based electric scooter and bike company confirmed it has acquired escooter operator Circ (formerly Flash) ...
CRETech January 29, 2020

If a thousand companies make their own smart light bulb, do a thousand companies also have to design a light switch app to control them? Kraftful, a company out of Y Combinator’s Summer 2019 class, doesn’t think so. Kraftful builds the myriad components that an IoT/smart home company might need, puzzle piecing them together into apps for each company without requirin...

CRETech January 29, 2020
GM’s Cruise is launching the Origin electric autonomous vehicle and sliding doors today, the product of 3 years of work between General Motors, Cruise, and Honda. The Cruise Origin is designed without a combustible engine or a driver, decisions which Cruise CEO Dan Ammann says give people more space. The Origin can seat up to 6 people, with 3 passengers on each side looking toward each other in ...
CRETech January 29, 2020
Modular construction — a type of pre-fabricated building that happens mainly off-site and is then pieced together — is still considered a new and risky concept. But in an environment of sky-high building costs and a widening affordability gap in New York City, some builders believe the potential gains are worth the leap of faith.