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.

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  • Berlin’s PropTech1 Ventures announces final close of inaugural fund at €50 million

    Tech EU

    Berlin-based PropTech1 Ventures has announced the final closing of its oversubscribed first fund at €50 million. As the name implies, PropTech1 Ventures is focused on investing in the European property and construction-focused startups that are working in the digitalisation, method modernisation, and sustainability/ESG sectors withinin the real estate industry. PropTech1 Ventures is active in seed, early-stage, and late-stage investments….

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  • Developer Adrian Washington’s New Project: A Startup That Seeks To Disrupt Construction From The Bottom Up

    Bisnow

    Adrian Washington is tired of staring at holes. The founder and longtime CEO of Neighborhood Development Co., Washington has spent over two decades building urban infill projects across Washington, D.C., but he said at each project, he finds himself encountering the same frustration. …

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  • Future-Proofing Your Technological Infrastructure, Part 2

    CREtech+

    Jason Lund of JLL reveals  the rentable space that most landlords don’t even realize they have, and how shifting your perspective on rentable space can enable added revenue to investors and owners.

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  • Hospitality Startup Sonder Opening 3 New D.C. Locations

    Bisnow

    Vacation rental company Sonder is expanding in Washington, D.C., adding 280 units across a trio of locations to its portfolio.

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  • New Texas development jumps on build-to-rent bandwagon

    The Real Deal

    California’s Banyan Residential said it will build a 34.4-acre community of single-family rental homes in Pflugerville, a booming suburb 18 miles north of the Texas capital, the Austin Business Journal reported. Banyan, in partnership with Salt Lake City’s Bridge Investment, didn’t disclose the price of land bought for the development.

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  • Databricks targets retail vertical with its first industry-specific lakehouse

    Venture Beat

    San Francisco-based Databricks, a company that offers the capabilities of a data warehouse and data lake in a single “lakehouse” architecture, today announced its first industry-specific offering: Lakehouse for Retail.

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  • Serve Robotics’ new autonomous sidewalk delivery robots don’t require human assist

    TechCrunch

    Serve Robotics, an Uber spinout that builds sidewalk delivery robots, is deploying its next generation of robots that are capable of completing some commercial deliveries without a human in the loop, according to the startup. That means in certain operational design domains, or geofenced areas, Serve won’t be relying on remote operators to teleassist robots or followers to trail behind the robots for safety….

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  • RealtyMogul Launches New Real Estate Offering For World’s Tallest Mass Timber Structure

    Benzinga

    The total project cost is anticipated to be roughly $128.25 million. Ascent has 259 units and is verified to be the tallest mass timber building worldwide. The property is a Class A multifamily building and is seven months away from reaching cash flows on the same basis as investors that have funded the project from the beginning.

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  • Property podcast: Technology can fix “antiquated” construction industry and enable Government to meet net zero targets

    Property Week

    Disjointed, outdated and unproductive – these are three words commonly associated with construction. Average productivity levels in the sector have remained consistently below the national average and have grown more slowly, according to official government statistics, resulting in a lack of ambition and resources to innovate at the required pace necessary to keep tabs with other sectors – such as car manufacturing….

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  • PassiveLogic Raises $34 Million for Autonomous Building Platform led by Addition

    Yahoo Finance

    SALT LAKE CITY, Jan. 11, 2022 /PRNewswire/ — PassiveLogic, creator of the first fully autonomous building platform, has secured $34 million in Series B funding from leading investors Addition and Keyframe. They are joined by commercial real estate strategics, including RET Ventures, Brookfield Growth, and Era Ventures from the U.S., and Europe’s largest proptech VC firm, A/O PropTech. …

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