This startup helps homebuyers make all-cash offers when they don’t have enough money in the bank

When a fixer-upper in a D.C. suburb recently went up for sale, it got 88 offers—76 of them all-cash. It ultimately sold for $185,000 over the asking price—emblematic of the current housing market. Across the country, from Georgia to Wisconsin, many houses are selling within days or even hours after they’re listed, at prices far higher than a year ago. In some cases, the buyers are investors who can pay cash. It keeps getting harder for first-time buyers to compete. …

During Pandemic, Landlords Find Relying on One Office Tenant Can Backfire

With the U.S. office market in its worst crisis in a decade, some landlords are discovering the risks of putting all their tenant eggs in one basket. Office landlords often consider leasing an entire building to one company an efficient way to collect steady rent checks. Now a small but growing number of landlords are in danger of losing their properties as their only or primary tenant declines to renew a lease, leaving the landlord at the mercy of a historically bad office-rental market….

Proptech and the ESG Factor: Recognizing and Seizing the Opportunities of the Megatrend Within the Real Estate Industry

Despite the chaos inflicted on the real estate sector by the COVID-19 pandemic, the topic of sustainability, as defined by ESG (Environmental – Social – Governance), is still the most hotly debated and relevant topic within the real estate industry, both in the last year, and in the years to come. If anything, COVID-19 has shown the hugely negative impact an external factor can induce both on the global economy in general and the real estate industry in particular.

Hudson Yards and Beyond: Creating Infrastructure to Support Innovation, Part 3

Scott Evans, Chief Digital Officer at Related Companies talks about the disruption that is occurring in the retail and traditional rental markets, and what new digital technologies he is most excited about.

Do More With Less: Adopting Tech to Future-Proof Your Business, Part 3

Chris Rising, Founder of Rising Realty Partners discusses how technology can be used as a scaling tool, and what place VR and AI have in the workplace of the future.

How the Pandemic Did, and Didn’t, Change Where Americans Move

The pandemic raised the possibility that more workers could move anywhere, potentially scrambling the map of booming and declining places in the American economy.

Investors Jump Into Proptech Designed To Make Buildings Greener

Clockworks Analytics makes building software that, among other benefits, helps building owners optimize energy performance and improve indoor air quality. It’s little surprise, then, that for Clockworks, like for many other product makers in the environmental proptech space, business is booming.

This is your home on tech

CoStar bought national search portal Homesnap for $250 million in November, pitting the CRE data giant against Zillow, Realtor.com and others in the residential game. CoStar also tried to buy CoreLogic and RentPath these past few months but failed in part due to scrutiny from the Federal Trade Commission. …

Is WeWork Back Up To The Same Old Tricks That Torpedoed Its First Attempt To Go Public?

The coworking giant announced in late March its intent to merge with BowX Acquisition Corp., a special-purpose acquisition company founded and chaired by Sacramento Kings owner Vivek Ranadive. In promoting that deal to potential investors, WeWork used projections and financial calculations that reminded some of the talking points pushed by co-founder Adam Neumann that caused investors to balk at its 2019 IPO prospectus and ultimately resulted in Neumann’s ouster as CEO, The Wall Street Journal r…

Open & Agile Smart Cities partners with AWS to help cities share open data