Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
The Real Deal
That’s according to a recent report from the commercial mortgage-backed securities data provider Trepp, which tallied the top secondary metro areas using several key industry metrics.
KPMG
The KPMG 2020 CEO Outlook COVID-19 Special Edition finds the world’s chief executives using this unparalleled moment in history to lead with increased purpose and impact, both societal and economic. They are protecting their people, building trusted relationships with customers and communities, and defining a new future of growth and success for their organizations.
PlaceTech.
HqO, the end-to-end operating system for commercial office buildings, announced that it has extended the capabilities of its tenant experience technology to help commercial real estate owners facilitate a safe return to work amidst the global pandemic through two new features within its app.
Wall Street Journal
Cities and towns are tapping artificial intelligence and other technologies to keep tabs on short-term home-rental activity. As the effects of the coronavirus pandemic tear through budgets, some localities hope the tools can identify tax-revenue opportunities.
Commercial Real Estate Biz
PropTech Romanian startup Bright Spaces has recently signed an agreement with Skanska Romania and will implement its interactive 3D showcasing platform for Equilibrium, a project owned by the developer in Bucharest, Romania. The platform will go live in October 2020. Bright Spaces caught the eye of Skanska Romania since its participation in the PropTech Hackathon organized by Skanska with the support of Proptech Romania, in November 2019. During that competition, Bright Spaces managed to win the…
Bisnow
Jonathon Yormak, founder and managing principal of East End Capital, was in the middle of renovating a more than 100-year-old, 120K SF office building in New York when the coronavirus hit. He’d already decided to completely overhaul the air and ventilation system in the building.
CNET
On Thursday, the online retailer revealed its new Alexa for Residential program, which will make it easier for landlords and property managers to add dozens of Amazon’s voice assistant and Alexa-powered smart home devices into their rental units….
Venture Beat
As physical retail struggles amid the global pandemic, storeowners are rapidly trying to adapt to new realities that also include growing competition from Amazon. But a French startup called Storelift believes it can create a new convenience store concept that leans on many of the same AI and computer vision tools used in Amazon Go stores to reinvent the shopping and checkout experience.
The Real Deal
Simon Property Group is going virtual. The nation’s largest mall operator is partnering with ShopShops, a livestream shopping app, according to the app’s founder and CEO, Liyia Wu.
Venture Beat
Salesforce today detailed the next generation of Salesforce Field Service, its suite of machine learning-powered tools tailored for field service. Among the highlights are appointment scheduling and optimization features, AI guidance and assert performance insights for dispatchers, and automated customer communications to help ensure jobs finish on time.
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