This AI tool writes real estate descriptions without ever stepping inside a home

The results still need work: The real-life Oakland, California, home that fits with the above description (which my family is currently selling) actually has a pressed tin ceiling in the dining room, rather than the living room, for instance. The descriptions Listing AI created for me are not nearly as specific or well-written as the one crafted by our (human) realtor. And I had to provide the website with a lot of information about different rooms and features of the house and the outdoor lands…

What It Will Take to Make Employees Feel Safe Returning to the Office

Yelp to experiment with return-to-work plans

Starting in August, the company will pilot its reopening plan in Phoenix with 150 employees, according to a blog post Thursday by Yelp’s chief people officer, Carolyn Patterson. “Coming into the office will be completely optional unless an employee’s role specifically requires it,” she wrote.

How Latest Tech Is Transforming Real Estate Transactions

During the Emerging Business & Technology Forum at the 2021 virtual REALTORS® Legislative Meetings Tuesday, three proptech founders shared how the technology they’re developing can help real estate professionals improve their business during this low-inventory market while also adapting to the post–COVID-19 world where virtual interaction has become the norm.

Office Users On Why They Are Comfortable Signing Leases Again

The quick turnaround in the city’s public health metrics means it is decision time for Chicago office users. The emptying out of the downtown over the past year, and the uncertainty over when the crisis would end, led many companies to put off signing new leases. But with the pace of vaccinations ramping up starting in February, plans to move or extend leases can now be dusted off. …

DZS and Andorix Help Global Real Estate Company Complete Fiber-based Smart Building Transformation

PLANO, Texas, May 12, 2021 (GLOBE NEWSWIRE) — DZS (NASDAQ: DZSI), a global leader of packet-based mobile transport, broadband access, network orchestration and cloud-native automation solutions, today announced that QuadReal Property Group (QuadReal) has leveraged DZS FiberLAN technology as a cornerstone for the successful fiber-based digital transformation of its commercial properties across Canada. Supported by Canadian systems integrator and DZS Elite partner Andorix, QuadReal has broadly im…

Procore IPO could raise $616M, result in $8.3B valuation

In a filing this week with the U.S. Securities and Exchange Commission, project management software provider Procore Technologies reported that it plans to offer 9.47 million shares at a per-share price of between $60 and $65 per share as part of its initial public offering, bringing in as much as $615.5 million. The company estimates a mid-range per share price of $62.50 and net proceeds of between $552.9 million and $608.5 million. At the high end of that range, the company would have a market…

Optimal Dynamics nabs $22M for AI-powered freight logistics

Optimal Dynamics, a New York-based startup applying AI to shipping logistics, today announced it has closed an $18.4 million round led by Bessemer Venture Partners. Optimal Dynamics says the funds will be used to more than triple its 25-person team and support engineering efforts, as well as bolstering sales and marketing departments.

Landlords Have A Growing Competitor When Leasing Office Space — Their Own Tenants

There is 19.1M SF of available office space in London, according to first-quarter leasing data from Cushman & Wakefield, and 7M SF of that is controlled by tenants who are looking to shed some of their existing footprint. That is a rise of 9% on the previous quarter and means that tenant-controlled space now accounts for 37% of all space for rent. There were over 330 tenant-controlled spaces being marketed at the end of Q1, with 60 units being added since January, Cushman said….

These startups are radically reimagining cities

Imagine a world in which much-needed multifamily housing could be built in less time — and for less money. Or one in which owning a car wasn’t a requirement for living outside of transit-rich, densely populated neighborhoods. Or one in which your home could be assembled as a kit-of-parts. …