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The success of companies like Uber, Airbnb, and WeWork has helped usher in a new era known as collaborative consumption. The previously unknown concept of moving towards a bartering system rather than the old ownership models that we’ve grown accustomed to gives individuals the opportunity to rent or borrow goods and services from someone else. Where taxi companies would historically buy cars, U...
Welcome to the world of AI. Last March, the online asset manager AlphaFlow launched its first so-called automated investment fund for real estate loans. Rather than tapping employees to search for investment opportunities, the company uses a computer program to sift through listings services and find mortgages to purchase based on property characteristics, borrower history, recent market data and ...
Drones are smaller, more reliable and easier to fly but pose a danger to other aircraft or people on the ground
Building inspectors who used to rely on binoculars and ladders are turning to drones to check property exteriors for signs of damage or deterioration that could lead to injuries.
But use of drones for this purpo...
A new PropTech company launched in February is looking to cut the amount of time it takes to sell commercial property from months down to weeks — or even a single day.
Cloudscraper looks to bring together all the parties involved in a deal — sellers, buyers, lenders, brokers and lawyers — on a single platform, which could cut the amount of time needed to complete transactions.
The s...
Tenants want more tech in their apartments and multifamily landlords and developers are putting in the technology to meet that demand. While building-wide WiFi, electric chargers and rooftop decks remain popular among tenants, smart building technology is becoming the new “it” amenity.
From package delivery lockers to smart locks, landlords are turning to tech-enabled amenities to woo tena...
Lyric Gains Access to Best in Class Real Estate Owner and Operator Partnerships to Develop the Newest Category of Accommodations
Short-term rentals have grown at an astounding rate over the last decade. The rise of short-term rental marketplaces offer consumers unique accommodation experiences better connected to the cities they inhabit. With those mark...
Coworking represents a small yet growing segment of the office market, a new study demonstrates, with Manhattan dominating. Manhattan has 245 coworking spaces equaling 7.7 million square feet, according to a new study by Yardi Matrix, a commercial real estate research and data platform. Los Angeles came in second with 3.7 million square feet in 158 locations. Nine other metros studied have at le...
WeWork has built a billion-dollar business by convincing professionals to pay for decked out coworking spaces and a sense of community.
Entrepreneurs Ali Kriegsman and Alana Branston want to do the same for retail.
The pair are cofounders of Bulletin, a young startup that charges female-focused lifestyle brands a monthly me...
A venture capital group, including hotelier Barry Sternlicht, invested in a San Francisco-based company that works with developers who set aside blocks of apartments for short-term rentals. The group, which also included Fifth Wall Ventures and New Enterprise Associates, made a $15.5 million Series A equity investment in AJJK Inc., the Wall Street Journal reported. The company, which is soon to be...
So bad is London’s housing crisis, which sees house prices make homeownership a pipe dream for many, a 2015 report by PWC reckons that by 2025 more than half of under 40 year olds will be living into rental properties. The answer, of course, is to build more affordable and/or social housing, but that hot political potato is continually kicked to into the long grass and, even at its most optimist...