NEW Trailer! What’s Next in Construction Tech
CREtech+
Justin Saeheng, Head of Construction Technology at Stanley X, sheds light on how technology is transforming tools, workflow, and creating efficiencies in construction.
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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Blackstone Bets $6 Billion on Buying and Renting Homes
The Wall Street Journal
Blackstone Group Inc. has agreed to buy a company that buys and rents single-family homes in a $6 billion deal, a sign Wall Street believes the U.S. housing market is going to stay hot.
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CANNABIS & CRE: A BUDDING INDUSTRY
Coldwell Banker Commercial
New green rush? While the Western states mature from the early green rush, cannabis legalization is surging on the Eastern part of the country as states look for economic recovery in the wake of the pandemic. While local laws vary, medical marijuana is legal in 36 states and recreationally allowed in 17 states. Tracking $26 billion in sales for 2021, the legal cannabis industry is expected to reach $46 billion by 2025 (per Marijuana Business Factbook) driven by new markets. States legalizing can…
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It’s Not Just a Strategy, it’s a Mindset: Oxford Properties 4.0
Glenn Felson
The avalanche of new PropTech solutions hitting the market is without a doubt a great thing for the real estate industry, but it requires a complete overhaul of how real estate owners and managers think about and run their businesses. In the past, property/asset managers made decisions at the local asset level for most technologies that they purchased to operate their building. While that led to quick and nimble decision making, it created a mishmash of disparate systems in each building that …
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Work Flexibility, Popular With Employees, Is Hardly a Holy Grail
The Wall Street Journal
Many of today’s workers have landed the upper hand when it comes to where and when they work. But no one should get too comfortable. As demand roars back across the U.S. economy and workers are flush with pandemic savings, the little guy is suddenly wielding more power. Zillow, for example, has said it is allowing most employees to permanently work remotely, betting such a policy will yield the best talent….
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Time-saving tech is coming to two new U.S. border crossings
Axios
Two giant infrastructure projects under construction in San Diego and Detroit aim to expedite the flow of people and goods throughout North America by using connected-vehicle technology.
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Startup charts a (long) path toward homeownership
The Real Deal
The latest startup to roll out of Kairos — the firm that offered $5 insurance premiums in place of security deposits — holds out the promise of homeownership for young renters.
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Altrio Partners with Real Capital Analytics to Enhance Screening and Underwriting
PR Newswire
TORONTO, June 22, 2021 /PRNewswire/ – Altrio has partnered with Real Capital Analytics (RCA) to provide seamless integration for their mutual clients. This integration provides real estate investors the capital markets insights they need to optimize investment decisions by embedding RCA’s transaction data in Origin, Altrio’s leading edge deal management platform.
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‘There Are Track Records Now’: More CRE Firms Pour Investments Into Maturing Proptech Sector
Bisnow
The proptech sector has taken a major leap forward over the past year, with many startups successfully scaling up and providing windfalls for their investors, and the industry it serves has taken notice.
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Proptech hits puberty: Insights from Camber Creek’s Casey Berman
The Real Deal
Total addressable market, or TAM, is a metric investors use to figure out whether a sector is worth their trouble. With a tiny TAM, even a home-run investment in a startup may not generate the return investors crave. Target a big TAM, however, and things get a lot more interesting.
