Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Multi-Housing News
Fundrise has made another acquisition in Florida following its Sunbelt-focused multifamily investment strategy. The company acquired Lake Shadow Apartments in Maitland, Fla., from Bainbridge Cos. for $83.1 million.
CNBC
Google’s path to its massive tech campus planning in San Jose began with activists chaining themselves to chairs inside City Hall over the city’s decision to sell public land to the tech giant. It ended with some of its biggest opponents signing its praises.
Ris Media
The latest buzz in the world of technology is something called “non-fungible tokens” or NFTs. Even though the current trend has NFTs operating within the parameters of selling digital artwork, it won’t be long before the technology enters the real estate industry and alters the way we carry out parts of a real estate transaction. There has already been an initial foray into real estate with a San Francisco landlord putting a 75-year lease up for auction on an NFT site, but this is just the begin…
The Wall Street Journal
White collar workers are trading their expensive lives in the nation’s most densely populated areas for cheaper, greener pastures. Online real estate company Zillow Group calls it the “Great Reshuffling.”
Forbes
It’s an increasingly familiar problem for the commercial property sector in the digital age; how to keep ageing stock viable and relevant for everyone in the property chain, including owners, occupiers and office workers.
Forbes
Last month, the International Energy Agency (IEA) released one of the most consequential reports in its history. The influential organization developed a comprehensive pathway to net-zero carbon dioxide (CO2) emissions by 2050. This net-zero target is considered essential for limiting warming to 1.5 degrees Celsius above pre-industrial levels, the scientifically supported climate goal. However, the world emitted over 30 billion tons of CO2 last year, so getting to net-zero demands fundamental ec…
Connect National
Crexi, the Los Angeles-based marketplace, data, and technology platform, on Tuesday announced Intelligence, a database subscription with more than 13 million sales comparables in the United States, and 48 million recently added property records.
CREtech+
Revathi Greenwood, Global Head of Data and Insights at Cushman & Wakefield unveils the company’s four-fold approach to technology and innovation, and their unique approach to data analytics that informs their tech strategy for the future.
Pitchbook
The pandemic had a tumultuous effect on the real estate industry. On the one hand, offices stood empty, hotel occupancy rates plummeted and construction was halted for many months. At the same time, demand for residential housing intensified as people were looking for more space to work and study. As a result, 2020 global VC deal flow into commercial real estate technologies fell nearly 80% compared with 2019. Meanwhile, venture investment into residential real estate tech dropped by less …
MIT
July 13-14 Event Focuses on Resilience + Reinvention: Real estate in a time of fundamental change CAMBRIDGE, Mass. (May 1, 2021) – The MIT Center for Real Estate again hosts its annual World Real Estate Forum, virtually on July 13-14, 2021. The Forum is an unparalleled gathering of industry thought-leaders, distinguished MIT faculty and researchers, and real estate innovators, engaging in a wide-ranging conversation about technology, innovation and the future of the global real estate industry. …
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