Latest Trends and Insights in Real Estate Technology

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  • OpenAI to Establish First Overseas HQ in London’s King’s Cross

    CREtech

    Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin.  OpenAI, the developer behind ChatGPT, is nearing a lease agreement for its first international headquarters at Fora’s York House in London’s King’s Cross. The company is expected to occupy multiple floors at the 221 Pentonville Road location. This move comes a year after OpenAI announced London as the site of its first international offic…

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  • Massachusetts Communities Embrace Green Building Codes for a Sustainable Future

    CREtech

    Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin.  Since Massachusetts introduced its specialized stretch code in 2023, 45 municipalities, representing 30% of the state’s population, have adopted the new guidelines aimed at reducing carbon emissions in buildings. This voluntary code encourages energy-efficient and electrified construction, pushing the state closer to its 2050 carbon-neutr…

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  • Colorado Secures $20M to Advance Building Decarbonization in Disadvantaged Communities

    CREtech

    Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin.  Colorado’s ambitious plan to slash carbon emissions from large buildings just received a major boost, with a $20 million grant from the U.S. Department of Energy (DOE). This funding will support the implementation of the state’s building performance standards, which mandate that buildings over 50,000 square feet cut carbon emissions. The …

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  • Storms, surges and hedonistic sustainability

    Well-Placed with Emily Wright

    In the face of extreme weather patterns, a network of elevated, High-Line inspired public spaces and parks look set to turn the next generation of storm barriers into global attractions It is an inconvenient truth that largescale, societal problems are rarely tackled unless collective hands are forced. Those with the power and economic wherewithal to take significant action rarely do so until they are directly impacted. And then? Well, then they go big. There is no greater example of this…

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  • How to Streamline Commercial Real Estate Operations with Document Workflow Tools

    ShareFile

    Introduction  As any real estate professional knows, the industry is highly susceptible to changes in the market. Inflation, mortgage and insurance rates, cost of materials, and more all have an impact on the success of commercial real estate firms. New government regulations and ESG mandates in the commercial real estate space also mean property owners and managers must reevaluate their workflows to minimize environmental impact.  The industry relies on the efficiency and accuracy of docume…

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  • Office Ready Tech Appoints Jack Kelly as CEO Amid Growing Demand for Flex Tech Solutions

    CREtech

    Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin.  Office Ready Tech, a tech advisory firm specializing in flexible workspaces, has appointed Jack Kelly as its new CEO. Kelly, who joined the firm in March as director of business development and strategic initiatives, takes over from founding partner John Vaughan, who will now serve on the board. The firm advises landlords and workspace op…

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  • Surge in Elevator Modernizations as New York Prepares for Massive Upgrades

    CREtech

    Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin.  New York City is on the brink of a significant wave of elevator replacements, driven by aging systems, new legislation, and the push for modernized buildings. With over 70,000 elevators in the city, many are reaching the end of their 20-25 year lifespan, and landlords are facing costs of up to $500,000 per replacement. Several factors are…

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  • Contrarian Investors Bet Big on Office Market’s Revival Amid Distress Sales

    CREtech

    Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin.  As office occupancy remains below pre-pandemic levels, a growing group of investors is betting millions on the revival of office buildings. Menashe Properties, led by Jordan Menashe, has purchased four office properties at significant discounts, confident that demand for office space will rebound, similar to the resurgence of past fashion…

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  • The AI Hype Has Faded, but the Technology’s Future Remains Bright

    CREtech

    Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin.  In an article by CREtech’s Head of Content, Emily Wright, the current state of AI in the business world is assessed, particularly in light of inflated expectations. Despite the initial excitement surrounding AI’s transformative potential, such as the surge in use after the launch of ChatGPT in 2022, the urgency has diminished. Nvidia’s re…

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  • Google Launches Heat Resilience Tool to Help Cities Combat Rising Urban Temperatures

    CREtech

    Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin.  Google has introduced a new heat resilience tool designed to help city planners and decision-makers mitigate the impacts of extreme heat, especially in vulnerable urban areas. Using satellite-based, high-resolution land surface temperature data combined with machine learning, the tool identifies heat absorption factors like buildings and …

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