Latest in Commercial Real Estate Tech News by CREtech

Latest Trends and Insights in Real Estate Technology

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Hemlane lands another $9 million to enable remote property management

PR Newswire
1/21/2022

As landlords accelerate their adoption of technology, fast-growing technology company Hemlane continues to drive this trend to lower operating costs and increase efficiency. The all-in-one property management platform announced today that it closed $9 million in funding co-led by Asymmetric Capital Partners and Prudence, with participation from Aglaé Ventures and State Farm Ventures. The round took place at a material increase from the prior investment’s valuation….

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‘It’s All Just Wild’: Tech Start-Ups Reach a New Peak of Froth

New York Times
1/21/2022

There’s more money and more bubbly behavior. Investors insist it’s rational.

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The CEO who fired 900 employees over Zoom is coming back

CNN
1/21/2022

The CEO of Better.com, best known for firing 900 employees over Zoom just before Christmas, is coming back to work.

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GREEN IS GOOD PART 2: SUSTAINABILITY’S IMPACT ON OFFICE INVESTMENT PRICING

Cushman & Wakefield
1/21/2022

In Part 1 of this series, we examined the effect of sustainable strategies upon rents and leasing of U.S. office assets. Utilizing LEED-certification as an indicator, we determined that there was a noticeable premium for rents and revenue, controlling for quality, age and class of buildings. In Part 2 of this series, we examine how LEED certification impacts sale pricing. …

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Green Building Council to deliver CREtech London keynote

Placetech
1/21/2022

Julie Hirigoyen, chief executive of increasingly influential real estate support group, UK Green Building Council, will address delegates on how to embed ESG throughout the industry at the forthcoming property technology show, due to take place in April.

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Blackstone MD joins US housing startup Divvy Homes

Placetech
1/21/2022

The company, which seeks to make homeownership more accessible with its rent-to-own product, has appointed a Blackstone managing director as COO months after securing a $2bn valuation.

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Covering America: Studio sparks startups in Arkansas

Axios
1/21/2022

Cartwheel — a startup studio based in Bentonville, Ark. — tries to generate the idea for a product idea, then hire a pilot to navigate the launch, writes Worth Sparkman of Axios Northwest Arkansas….

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Andrew Staniforth and MaryAnne Gilmartin Plotting a Modular Empire with Assembly OSM

Commercial Observer
1/21/2022

If there’s one thing the past two years have taught us, it’s that just because things were done in a certain way for a long time, it doesn’t necessarily mean the old way was the right way.

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Now you can live anywhere

Axios
1/21/2022

The CEO of Airbnb announced on Twitter that he will be one of his own best customers.

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MRI Software Acquires Toronto-Based Angus Systems

Commercial Observer
1/21/2022

MRI Software continues to bet on the demand for building operations technology, announcing Wednesday that it has acquired Angus Systems, a Toronto-based provider of building operations management software for commercial real estate owners and operators.

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