How to Break Into CRE Technology as a Career
GlobeSt
The commercial real estate technology industry is rapidly growing. We asked some of Real Estate Forum’s 2021 CRE Tech Influencers how to break into the budding market.
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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Positive ‘tipping points’ could help us mitigate climate change
Fast Company
Over the last few years, the planet has blown past or come dangerously near to climate tipping points—irreversible levels of damage that then also create even more warming. But just as there are moments of no return that tip us over into climate disaster, the inverse exists as well. On the path to climate recovery, there are benchmarks that could set off a cascading series of technological advancements that would rapidly cut our carbon emissions. …
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Smart city developer acquires digital services company
Smart Cities World
Proptech company Planet Smart City, that designs and builds smart affordable neighbourhoods, has completed the acquisition of Djungle, a digital services developer. Djungle specialises in the design of digital solutions for customer engagement and loyalty in the retail sector.
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The Rising Build-to-Rent Market Boom
Builder Online
For years, single-family home builders have lamented that they can’t build affordable, first-time starter homes and still make a profit. That started to change in 2019, when, after sales of luxury and move-up homes dwindled in 2018, builders such as Meritage, Lennar, and KB Home followed the lead of D.R. Horton’s Express brand and pivoted toward entry-level product. The surprising part was they were even able to make money doing it.
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Oyo secures funding from Hindustan Media Ventures
VC Circle
SoftBank-backed hospitality chain Oyo has raised Rs 54 crore ($7.4 million) in fresh funding from Hindustan Media Ventures amid signs of recovery in the sector badly hit by pandemic.
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California permits Nuro AV deployment
Smart Cities Dive
The California Department of Motor Vehicles last week issued the state’s first autonomous vehicle (AV) deployment permit to Nuro, allowing the company to launch a fee-based driverless delivery business in two Bay Area counties.
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Indoor air quality gadget maker raises €1.2m
PlaceTech.
Biophilic design specialist Vitesy has raised €1.2m in investment, valuing the company at €15m on the back of rising interest in indoor air quality. Vitesy products are designed San Francisco and manufactured in Italy. The company creates smart devices for air purification and monitoring using internet of things connections, combined with plants, nanomaterials and other technology to monitor and reduce air pollution.
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Forbes Real Estate Awards 2020: Why Airbnb’s CEO Wins Person Of The Year
Forbes
Markets are roiling thanks to Covid-19, with no sign of the turbulence halting in 2021. If you own an office building, coworking space or hotel chain—well, best of luck. But if you’re trying to sell your home, now may be the best of times. To take stock of these messy times, Forbes spoke with Eric Anton, a broker at Marcus & Millichap in New York City….
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Real Estate’s Latest Trophy Assets Are in Short Supply
Wall Street Journal
Unlikely as it may sound, grocery stores are becoming dream properties—coveted but hard to prise away from their owners. Changes to accounting rules are just one reason why it has become less appealing for supermarkets to sell their real estate.
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SoFi Will Go Public via Blank-Check Firm
Wall Street Journal
Lending startup SoFi is going public through a combination with the special-purpose acquisition company Social Capital Hedosophia Holdings Corp. V, IPOE -1.57% in a deal that values the company at $8.65 billion, the companies said….
