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CRETech December 23, 2019
RealPage, Inc. (NASDAQ:RP), a leading global provider of software and data analytics to the real estate industry, today announced that it has closed its acquisition of Buildium® (www.Buildium.com), a leading SaaS real estate property management solution provider with approximately 2 million units under management in the SMB market segment. “The SMB market segment represents a tremen...
CRETech December 23, 2019
Culdesac — working with architecture firm Optico — is creating the "world's first post-car development" that will be completed in the fall of next year. The neighborhood — which won't have any parking for private cars — will be in Tempe, Arizona, which was chosen because of its growing number of jobs and population, and available land near a light rail station. The only parking spaces wi...
CRETech December 23, 2019

As we barrel towards the start of a new decade, it’s amazing to think about the ongoing transformation within real estate. In the U.S., housing’s contribution to our GDP is ~1

CRETech December 23, 2019
By their nature, cities are dynamic and ever-changing, shaking off the past and constantly reinventing themselves to face the future. But something seemed to happen to U.S. cities over the last decade, a kind of stasis in the face of rapid change. That may seem counter-intuitive, considering just how much urban America changed, from the introduction of new technologies and startups to building boo...
CRETech December 20, 2019
First is a machine learning-based platform that helps agents know when to reach out to consumers in their existing network.
CRETech December 20, 2019
I’m proud to announce that Sapphire Ventures has raised more than $1.4 billion in new capital commitments, bringing our total assets under management (AUM) to almost $4 billion. You can read the full announcement here. This larger capital commitment gives us the flexibility to support more entrepreneurs who are building what we call Companies of Consequence: visionary companies that seek...
CRETech December 20, 2019
This week was a relatively slow week in in real estate tech venture capital, with multiple deals in insurance, construction and investment management technologies. The largest deals took place in the insurtech and lease process management categories. In Europe, wefox Group, the Berlin-based insurtech company, has boosted its Series B to $235M after closing an additional $110 million.  In the US,...
CRETech December 20, 2019
Two constants have guided my professional life: venture capital and real estate. Every year, I eagerly await to see which portfolio will produce greater returns. Today, in the  words of the great (fictional) New Yorker George Louis Costanza, “Worlds are colliding!”  Enertiv, a New York Angel
CRETech December 20, 2019
In Los Angeles, rising rents are forcing people to leave the city and exacerbating the area’s homelessness crisis. The county needs more than half a million new units of affordable housing to meet demand. A new startup, called United Dwelling, wants to take advantage of the county’s 250,000 underused two-car garages (and its hundreds of thousands of backyards) to tackle the problem—making a ...
CRETech December 20, 2019

When thinking about venture investable opportunities, it comes as no surprise that housing and residential real estate are particularly interesting for us at OMERS Ventures. The sum total value of all the houses in America was valued at $33.3 trillion in 2018, representing a 49% increase from 2012....