Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Housing Wire
The title insurance space isn’t generally known for placing outsized bets on technology. But for First American, its shrewd investments in rising proptech companies are a core business strategy.
The Real Deal
Buildings are cities unto themselves, with costly, complex infrastructure. Designing and installing the wiring, ducts and other elements that serve as their streets, stoplights and subway lines typically amounts to 40 percent of a development’s total cost.
The Real Deal
Former CoStar employees are firing more rounds at the chief executive of real estate data firm CoStar.
Axios
FedEx Express will soon begin testing a new short-haul air cargo system using autonomous vertical takeoff and landing (VTOL) aircraft developed by Elroy Air, a California startup named for the boy in the “Jetsons,” Axios’ Joann Muller reports.
Commercial Observer
Kastle Systems and CREtech have formed a joint research partnership to create and grow a resource database of the top companies in the proptech industry.
RET Ventures
In recent years, innovative digital solutions have emerged to relieve pain points and improve processes across rental real estate. Watch proptech leaders and multifamily experts discuss some of these growing rent tech solutions and how they are working collaboratively to revolutionize the sector with greater convenience, connectivity and accessibility.
The Real Deal
Last fall, Big Real Estate gave itself a pat on the back for being environmentally and socially responsible.
Market Watch
The day of reckoning for office buildings might be around the corner yet, even as commercial property prices press higher into record territory.
Crunchbase
Chief, a private network designed to help more businesswomen rise into positions of power, raised a $100 million Series B investment led by CapitalG at a valuation of $1.1 billion, itself joining the ranks of female-founded unicorn startups.
Princeton Identity
The conflict in Ukraine has heightened concerns that Putin and his allies will escalate cyberattacks against the west. As sanctions continue to squeeze the Russian economy, The Harvard Business Review argues that U.S. and Western corporations may now face the most acute cyber risks ever as Russia strikes back using its considerable cyber capabilities.1 The CISA, FBI, and NSA recommend that organizations enhance their cyber posture, including the use of multi-factor authentication for all…
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