Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Ris Media
Third-party cookies for targeted advertising are being phased out on significant browsers, leaving some real estate tech companies wondering what’s on the horizon for the future of online house hunting. It’s been over a year and a half since Google announced plans to scrap its third-party cookies on Google Chrome, following suit with other top browsers that have phased out technology that tracks web-browsing habits….
Bisnow
People in South Florida commercial real estate are saddened, confused and concerned about the collapse of Champlain Tower South in Surfside. “Our community, and the entire nation, is in shock and grieving over the collapse,” said Mike Pappas, president and CEO of The Keyes Co./Illustrated Properties. They are also thinking ahead to how the collapse is likely to affect the market in myriad ways. Prefacing their comments with sympathy for those affected by the tragedy, some shared their thou…
GlobeSt
Frankly, it sounds a little desperate when the owner of a mostly empty office building opens itself to Bitcoin bids. After all, when the cryptocurrency can drop more than a third of its value in two months, just how much can you count on getting? But focusing on a single would-be set of crypto transactions—or being entranced using a so-called non-fungible token, or NFT, to get a 75-year transferable lease on a co-living space in San Francisco—is missing the really big picture….
PlaceTech
Commercial Estates Group’s EQ building in Bristol has become the first in the world to receive WiredScore’s SmartScore certification for smart buildings. An initial 70 buildings in seven countries committed to certification when WiredScore launched the rating scheme in April this year.
Placetech
One of the world’s largest property managers has adopted Yardi across its European portfolio.
The Real Deal
Digital mortgage company Tomo entered the Dallas, Houston and Seattle markets today, aiming to help homebuyers compete with larger investors.
Retail Dive
For the first time in 2021, store closures have declined year over year, according to an emailed report from Coresight Research. The firm tracked 4,626 closures so far this year, 5.7% fewer than last year at this time. Leading retailers in closures so far is Christopher & Banks, which liquidated its physical footprint in bankruptcy this year. Another recent retail bankruptcy, Francesca’s, closed 342 stores, a significant chunk of its footprint….
Bisnow
When the coronavirus restrictions froze almost every aspect of dealmaking — from travel to in-person tours — the real estate industry scrambled to find alternatives to keep business going. Many of those alternatives came in the form of advanced technology, with developers, property managers and proptech firms alike plowing time and money into creating new technologies to allow clients to keep looking at assets to buy and space to rent….
EMBROKER
Even in times when the real estate market is healthy and thriving, there are still a plethora of risks that making a career out of real estate entails. As a commercial real estate professional, you need to not only make sure that your property is protected, you also need to worry about interactions with clients, employees, tenants, investors, and a variety of other parties involved in your operations. With so many moving parts involved in nearly every aspect of purchasing, selling, and rentin…
CREtech+
Justin Saeheng, Head of Construction Technology at Stanley X discusses the three categories of technology solutions most important to Stanley Black and Decker.
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