Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Axios
There were robots galore at the National Retail Federation’s big annual trade show this week in New York City, Jennifer A. Kingson writes. Here’s one, above, that cleans floors in commercial locations like airports, supermarkets, warehouses, malls and hospitals.
Bloomberg
Habi, a Colombia-based real estate startup backed by SoftBank Group Corp., said it acquired a Mexican rival, making it the largest tech-based buyer of residential properties in a country that’s gaining growing attention from so-called property technology firms.
Placetech
The anticipated premium for greener ESG-focused office buildings is already being seen according to a study of US rents and sales pricing over 10 years by Cushman & Wakefield.
New York Times
The company plans to open Amazon Style later this year in Glendale, Calif., that will incorporate customers’ physical browsing behavior and preferences on the Amazon Shopping app.
CREtech
Gary Brandeis of Vertalo Real Estate details the key mistake tech companies trying to break into commercial real estate are making, and how government regulations will need to change in order to accommodate cryptocurrencies backed by real estate.
GlobeSt
With so many companies looking to technology this year to bring automation to processes that help them solve staffing shortfalls or to be more efficient, Tama Huang, Chief Innovation Officer, CohnReznick, offers a basic rule-of-thumb for this decision-making. “If it’s something that can be done with your eyes and fingers only, automate it,” she said. “If it’s something that must be handled by using what’s between your ears, have a person take care of it.”
REZI
REZI, one of the fastest growing PropTech companies in the country, today announces that Tom Smith, veteran real estate executive, has joined the company’s C-suite as the Chief Revenue Officer. Mr. Smith brings over 25 years of experience in the industry to REZI, the first iRenter. He was the Co-Founder for Truss Holdings, where he worked to transform the commercial leasing real estate market through technology. During his tenure at Truss, the company recruited 45,000+ spaces representing 400…
Axios
Anyone who’s called a private market peak over the last decade, or even suggested that air was leaking out of the balloon, has been swiftly humbled. “Nothing matters” has consistently proven to be the only thing that matters. So I say this with a healthy amount of trepidation: The go-go era is history, even if the economy and new company formations remain strong.
Evocalize
I’m excited to announce Evocalize has raised a $12 million Series A investment. We’ll use the investment to expand our successful solution for real estate businesses and build on our real estate successes to bring our powerful, data driven, push-button simple collaborative marketing technology to more local and national-to-local businesses across industries. The round was led by Move, Inc. (operator of Realtor.com®), who was joined by Second Century Ventures and Habanero Ventures. You can see th…
Forbes
In the race to appify automobiles, Mountain View- based API platform, Smartcar is speeding ahead. The company announced Wednesday that it has raised $24 million in a Series B funding round led by Energize Ventures and existing investors, Andreessen Horowitz and New Enterprise Associates.
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