Latest in Commercial Real Estate Tech News by CREtech

Latest Trends and Insights in Real Estate Technology

Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.

Search

Home
News

Revolutionizing Real Estate: How Mobile 3D LiDAR will change the Industry

CREtech
1/31/2022

The past few years have been a case study in finding creative solutions for unpredictable situations. The spread of the COVID-19 pandemic has impacted global market conditions for every industry segment. Because of the fundamental need for shelter, employment, manufacturing and storage, the real estate industry has been at the forefront of these changes. The limitations of the pandemic have forced the key players to adapt and rethink their strategy to survive, and hopefully flourish.

Read more
Tech Firm Closes First Metaverse Mortgage For Acquisition In Decentraland

Bisnow
1/31/2022

In what’s being touted as a first-of-its-kind transaction, a venture capital firm has taken out a mortgage to occupy space within the metaverse. Canadian technology firm TerraZero, which was founded last year to capitalize on burgeoning demand for the virtual community concept, offered financing for the approximately $30K deal. The undisclosed borrower acquired two parcels in Decentraland, one of about 10 major community platforms within the metaverse, where each digital parcel runs about $15…

Read more
South Korean proptech startup Zigbang acquires Samsung SDS’ smart home IoT business

TechCrunch
1/31/2022

Zigbang, a South Korean proptech startup that provides real estate transactions service, announced on Thursday that it will acquire Samsung SDS’ home internet of things (IoT) unit to make a foray into the smart home industry. Samsung SDS sells the smart home IoT division, which is the only B2C business Samsung SDS has, in order to focus on its B2B. Its main products include digital door locks and wall pads that connect to users’ smartphones. In 2016, Samsung SDS tried to sell the smart home Io…

Read more
Applying the World’s Best Tech to CRE Trailer

CREtech
1/31/2022

Niraj Patel examines the best uses of technology and how each can be applied to real estate.

Read more
CRE “Proptech” Fatigue is Real…Here’s How to Solve It.

otso
1/31/2022

As a financial services company in the CRE space, we work with brokers, tenants, and landlords every day. Over the past couple of years we have noticed a trend on the topic of new “proptech solutions….” The whole industry is fatigued. As our founding team knows (coming from CRE ownership and brokerage themselves), when the industry is fatigued, adoption will lag. We want to be clear now…this is not the brokerage or ownership communities fault!

Read more
Measurabl Collaborates with Nasdaq to Offer Expansive ESG Performance Tracking and Reporting Capabilities to Corporate Clients

Globe Newswire
1/31/2022

Measurabl announced today a partnership to provide Nasdaq OneReport’s clients the option to leverage Measurabl’s leading ESG (environmental, social, governance) technology platform that offers automated, site-level data collection.

Read more
Partnership Between Second Century Ventures And CREtech To Be Unveiled At Upcoming Webinar

CREtech
1/31/2022

CREtech, the largest international community of professionals devoted to technological innovation in the real estate sector, has opened registrations for their first webinar of 2022 on Thursday, February 3rd. Joined by Second Century Ventures, one of the most respected and active PropTech investors in the industry, the webinar will unveil an extraordinary partnership between CREtech and Second Century Ventures that seeks to raise awareness of technology’s role in solving the affordable housing c…

Read more
ProDeal secures $4M in funding, exits NAR Reach program

Fin Ledger
1/29/2022

ProDeal, a virtual deal-closing platform for commercial real estate, has raised $4 million in growth capital, allowing it to successfully exit the National Association of Realtors’ (NAR) scale-up program. The fresh funding will allow ProDeal to increase headcount, boost business development and marketing efforts, and widen its market share, the proptech revealed….

Read more
The Struggle Is Real for Zillow

Wall Street Journal
1/29/2022

If you feel like you can’t land one of the few homes on the market to save your life right now, try competing with a record number of real-estate agents to sell one. In many ways, Zillow’s near-term fate hinges upon that struggle.

Read more
Warehouse Giant Prologis to Offer More Peripheral Services, CFO Says

Wall Street Journal
1/29/2022

Warehouse giant Prologis Inc. plans to generate more revenue from renting out equipment and providing other add-on services as it benefits from strong demand amid ongoing supply-chain strains.

Read more