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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  • RealPage® Acquires WhiteSky Communications

    Business Wire

    RealPage, Inc. (NASDAQ: RP), a leading global provider of software and data analytics to the real estate industry, today announced the acquisition of WhiteSky Communications, LLC. WhiteSky provides managed communications services, enabling multifamily, student and other properties to provide managed bulk Internet, video, voice-over-internet protocol (VOIP) phone, and Wi-Fi services. With WhiteSky, residents of these properties regularly pay significantly less for high-speed, secure, community-wi…

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  • The 10 Ways Renewable Energy’s Boom Year Will Shape 2021

    Bloomberg

    Even after Covid-19 has wreaked havoc on almost everything else, the new year begins with surging growth for renewable energy. “2020 was the year of positive surprises for the environment in a way that very few saw coming,” says Jeff McDermott, head of Nomura Greentech. “It was the breakout year in sustainability and infrastructure.”

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  • iLobby Rakes In $100M To Help Track Visitors

    Crunchbase

    iLobby has received a $100 million strategic investment from Insight Partners to help scale its go-to-market strategy and expand its visitor management offerings. The new investment is the first private raise for the Toronto-based company, which has been growing 100 percent year to year for the last several years and is profitable, said CEO Ariel Mashiyev….

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  • VC Firm Fifth Wall Said to Plan Property Technology-Focused SPAC

    Bloomberg

    Fifth Wall, a Los Angeles-based venture firm, is planning to raise capital through a special purpose acquisition company, a sign that the momentum behind a vehicle that became mainstream in 2020 has continued into the new year.

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  • 1 fun thing: The rise of third workplaces

    AXIOS

    As I wrote to close out 2020, the popularity of hybrid remote/in-person working will give rise to “third workplaces” — places to take calls, attend meetings and write memos that aren’t your home or your office….

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  • Hank Paulson to Run Climate-Focused Fund at TPG

    The New York Times

    This past fall, Henry M. Paulson Jr., the former Treasury secretary, got a call from Paul David Hewson, better known as Bono. The musician-activist-investor had an idea and “an ask”: Bono, who helped found TPG’s $5 billion Rise funds focused on “impact investing,” told Mr. Paulson that the investment firm wanted to create an even bigger platform to focus exclusively on combating climate change — and he wanted Mr. Paulson to run it.

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  • Cities want to tear down these urban highways—and Biden can help

    Fast Company

    When a new elevated highway was built in New Orleans in the 1960s, like other “urban renewal” projects in the U.S., it ripped through a predominantly Black neighborhood that had been thriving. Hundreds of homes were razed. Hundreds of businesses were lost. On Claiborne Avenue, the central boulevard in the neighborhood, hundreds of oak trees were torn out of a wide median that neighbors had used as a park. A coalition of community members now want to take the aging highway down—and it’s the type …

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  • Fortnite Creator Is Buying a Dying Mall to Develop New Headquarters

    Wall Street Journal

    The company that created the popular videogame “Fortnite” has agreed to purchase a North Carolina mall and plans to redevelop it as a global headquarters, the latest sign that struggling malls are evolving into new kinds of real estate.

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  • Opendoor IPO Billionaire Owners

    The Real Deal

    Opendoor’s IPO last month crowned CEO Eric Wu a billionaire. It quintupled the value of SoftBank’s stake to $2.3 billion. And it reaped early investor Khosla Ventures a 36x return — on paper. After merging with a blank-check company last month, the iBuyer’s stock closed at $31.25 per share on its next day of trading, Dec. 21, giving it a market capitalization of close to $19 billion….

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  • Online Payment Options Help Boost Rent Collections

    GlobeSt

    Tenants not only prefer to pay rent online, they are also more likely to make the payment. Data from Rent Direct that tracked 2020 rent trends has found that online payment options have actually helped increase the likelihood that tenants will make a rent payment.

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