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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  • Prism Customer Perspective feat. Hines – Tune in to the webinar

    Building Engines

    Prism is built to help owners, asset managers, property teams, leasing teams, and engineers achieve maximum net operating income (NOI) by reducing operating costs, increasing revenue, and by delivering an unmatched tenant experience, even when facing the challenges of the current CRE climate. Watch our on-demand webinar to hear Jesse Carrillo, Senior VP & CIO at Hines share his insights into the benefits of the platform as well as the Prism implementation from a global standpoint.

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  • Co-Working Franchise Sets its Sights on San Antonio and Austin

    GlobeSt

    Co-working franchisor Office Evolution is continuing its Texas expansion by signing leases for the brand’s first locations in San Antonio and Austin. These will be Office Evolution’s fifth and sixth locally owned locations in the Lone Star State.

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  • One Billion Hotel Rooms Left Vacant this Year

    The Real Deal

    As fewer people have traveled — and thus, booked hotel rooms — because of the pandemic, the hotel industry is facing a staggering statistic: almost 1 billion empty hotel rooms for the year. As of last week, more than 962 million room nights have gone unsold, Bloomberg News reported, citing data from lodging information firm STR. That’s about 46 percent more than all of last year. The industry is projected to surpass 1 billion unsold rooms by Christmas.

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  • Deutsche Bank Could Move Half New York Team To Local Hubs

    The Real Deal

    Deutsche Bank could move up to half of its Manhattan employees to smaller U.S. hubs in the next five years, as it plans a major building downsize. Christiana Reiley, the bank’s chief executive in the Americas, told the Financial Times that months of its employees having worked successfully from home has shown that jobs could be sent to lower-cost regions.

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  • Google Delays Return to Office and Eyes ‘Flexible Work Week’

    The New York Times

    With the pandemic still in full swing and the first doses of a coronavirus vaccine just starting to ship in the United States, Google has pushed back the planned return to the office by a few months, to September 2021. But even as it extends the remote work period for most of its staff, Google is laying out a series of proposed changes that may substantially alter how its employees and people at other technology companies will work….

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  • Discover The Hottest CREtech Startups at LIVE Virtual Demo Day Today

    CREtech

    Tune in live to the Virtual Demo Day today at 12:00 pm EST to discover the latest and most innovative startups that you need to know about….without leaving your desk. Plus, it’s FREE!

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  • These 6 Tech Tools Could Shake Up Real Estate Deal-Making Post-COVID

    Bisnow

    Investment deals are one of the last areas of real estate to remain relatively untouched by the impact of technology. While proptech has made major strides in other areas, like asset management, the process of originating, underwriting and executing deals is not dissimilar to how it was conducted 20 or 30 years ago.

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  • AI construction startup Versatile raises a $20M Series A

    TechCrunch

    San Francisco-based construction startup Versatile is announcing today that it has raised a $20 million Series A. The round was led by Insight Partners  and Entree Capital, along with existing investors Robert Bosch Venture Capital GmbH, Root Ventures and Conductive Ventures. The round follows $8.5 million in funding, including a $5.5 million seed round that arrived in August of last year….

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  • The House Of Tomorrow

    The Wall Street Journal

    When it comes to home design, two attributes are likely to become even more important in the years ahead: sustainability and technology that predicts what residents want. That will mean homes of the future could look pretty different from today.

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  • Architects Imagine the Dream Homes of Europe’s Green Future

    Bloomberg

    Spectacular technology breakthroughs, multiple trillions of euros in investment, and an economic overhaul won’t be enough to make Europe the first climate-neutral continent by 2050—it also will need a new look. Architecture in particular has become a focus for the European Union’s climate efforts. …

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