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.

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How Biometrics Will Revolutionize Access to Tenant Data

Princeton Identity
11/10/2021

For those with a stake in commercial real estate, data analytics has removed much of the guesswork in how to best manage portfolios and individual properties. Developers and investors are making more educated decisions about where and what to buy, build, and how to mitigate their investment risk. They are also leveraging data to better understand tenant preferences, habits, and lifestyles. Data-driven insights translate to more effective marketing efforts, higher occupancy rate…

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High Demand for an All-In-One Multifamily Listing Platform: ApartmentBuildings.com is Leading the Multifamily Sector with their Nationwide All-In-One Multifamily Platform

ApartmentBuildings.com
11/10/2021

Multifamily Real Estate has become one of the strongest segments of commercial real estate in America. It truly is an exciting time for this robust market. This is in part due to the soaring rent prices noted in August 2021 that received a 10% increase nationally and is one of the highest to date. Considering its huge market share, it’s about time there’s an online sales platform that’s solely committed to this sector. ApartmentBuildings.com, founded in 2017 and relaunched in 2021, is an indus…

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Meta is reportedly planning physical stores to showcase its products

TechCrunch
11/9/2021

The company formerly known as Facebook has been discussing the possibility of opening retail stores way before it rebranded itself as Meta, according to The New York Times. Apparently, discussions about opening brick-and-mortar shops started last year, though nothing has been finalized, and the project could still end up being scrapped. If Meta does open physical outlets, however, they will reportedly be more like experience stores introducing people to devices developed by its Reality Labs divi…

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Homebuying platform Doorsey launches, promising bid transparency

The Real Deal
11/9/2021

Doorsey, an online homebuying platform, launched nationally with the aim to increase bid transparency and level the playing field among buyers. The fledgling company said Thursday that it had raised $4.1 million in a seed round this summer led by WeWork co-founder Adam Neumann’s family office, 166 2nd Financial Services.

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How Co-Living Has Grown Within The Property Market with Brad Hargreaves

The Propcast
11/9/2021

Propcast by Louisa Dickins, Co Founder of LMRE the leading Global PropTech recruiter brought to you in partnership with UK PropTech Association, The UK PropTech Association is a membership organisation to drive the digital transformation of the property industry. This show will focus on connecting the proptechs, real estate funds and VC’s globally…and get everyone talking about innovation of the built environment.

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Obligo raises $35 million Series B to streamline rental experience

Ctech
11/9/2021

Fintech startup Obligo announced on Thursday a Series B funding round of $35 million led by investor 83North. Additional investors participating in the round include HighSage Ventures, 10D, Entrée Capital, Alumni Ventures, MUFG Innovation Partners, La Maison Partners and other strategic investors.

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Behind Northspyre’s 3.5X Growth During the Pandemic

Commercial Observer
11/9/2021

Spreadsheets may still be prevalent in real estate, but proptech startup Northspyre says its project delivery software is rapidly replacing such old tech, leading to the company’s 3.5X growth since 2020, with more than $30 billion in owner and developer capital projects now facilitated through its platform.

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LEX Makes History With First Real Estate IPO Accessible To All US Investors

Businesswire
11/9/2021

LEX Markets, a commercial real estate securities marketplace built for all investors, announced today that it is taking a building public through a novel securitization process in a first of its kind IPO. This is the platform’s first offering open to all investors, and represents a new way to invest in commercial real estate. LEX allows accredited and non-accredited investors to buy equity shares of individual commercial real estate assets and trade them, without fees or required holding periods…

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Recognizing Early-Stage Value Trailer

CREtech
11/9/2021

Chirag Chotalia of Threshold VC discusses technology trends, disruptions, and how to navigate the competitive landscape of Venture Capital.

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Al Gore on ESG, Climate Change Commitment, Carbon Bubble

Bloomberg
11/9/2021

Former U.S. Vice President Al Gore discusses green investments, U.S, commitment to climate change, and warns of a $22 trillion subprime-like carbon bubble. He speaks with Francine Lacqua from the sidelines of the COP26 Summit in Glasgow, Scotland on “Bloomberg Surveillance.”

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