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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  • The Future of Remote Work

    UpWork

    The impact of COVID-19 on the way that we work arguably represents the most drastic and rapid shift to the global workforce that we have seen since World War II. In a matter of weeks, America’s social distancing practices and rapid economic shutdown have pushed large swaths of the workforce out of the office and into the home. In fact, a recent survey estimates that the share of remote workers in the U.S. has quadrupled to nearly 50% of the nation’s workforce.1 While businesses and workers have …

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  • Apartment Renters Can Now Buy Stakes in Their Buildings

    NREI Online

    Politicians, housing advocates and developers used to talk about the value of owning a home. That largely stopped in the years after the housing crash and the Global Financial Crisis, in which millions of people lost homes to foreclosure. Housing advocates now call for Congress to support a new wave of home construction, both to ease the shortage of housing and create jobs for some of the people who became unemployed as a result of the economic crisis caused by the coronavirus pandemic. And on a…

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  • Buildout Announces New Investment Partnership with The Riverside Company

    Yahoo Finance

    Buildout, commercial real estate’s premier brokerage software company, announced today that they secured a new investing partner in The Riverside Company.

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  • essensys plc introduces Smart Access, an innovative access control solution for flexible office environments

    PR Newswire

    essensys plc, the leading global provider of mission-critical software-as-a-service (“SaaS”) platforms and on-demand technology to the flexible workspace industry, announces the launch of Smart Access.  In a flexible office portfolio, space access is a common pain point for operators and their members. Administering entry for hundreds, even thousands of end-users, across multiple locations, private offices and meeting rooms can be complex and challenging, making the management of workplace acces…

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  • A risky bet by America’s mall owners: Plucking retailers out of bankruptcy to salvage a pandemic-hit industry

    CNBC

    Dozens of retailers, some of them the lifeblood of America’s shopping malls, have been pushed to the brink and filed for bankruptcy during the coronavirus pandemic.  Apparel brands like J.Crew, Brooks Brothers and New York & Co. parent company RTW Retailwinds. Department store chains Neiman Marcus, J.C. Penney and Stage Stores. The health chain GNC. The kitchen supplies company Sur la Table. The list goes on. And there are more coming.

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  • Kiwibot delivery robots head to San Jose with new partners Shopify and Ordermark

    TechCrunch

    Kiwibot, the delivery robot startup that got its start shuttling burritos and snacks to students on the University of California-Berkeley campus, is  expanding to San Jose with a new business model and partners Shopify  and Ordermark . About 25 Kiwibots will today begin delivering food and goods to customers in downtown San Jose and Buena Vista, a predominantly Latino neighborhood located southwest of the city center. Kiwibot will charge $3.99 per delivery, a fee that restaurants and other busin…

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  • FILLING THE VACANCY GAP: How ATYPICAL can Generate Leads for Your Leasing Team

    ATYPICAL

    The effects of COVID-19 are far-reaching for all industries, and the commercial real estate sector is no outlier. All asset classes have had to deal with the ebbs and flows of tenant responses to this environment – at the forefront payment defaults, store closures, and lease terminations. Naturally, vacancy and delinquency rates have spiked, putting pressure on owners and operators of commercial space. Two departments that we’ve encountered who have felt increased pressure during this period are…

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  • IBM Sues Zillow Over Patent Use

    The Real Deal

    IBM is escalating its legal battle with Zillow, filing a second lawsuit accusing the listings giant of infringing on patents to build its real estate search engine. … Despite written notifications, Zillow has engaged in a “policy of willful blindness” and continues to use the technology, IBM alleges …

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  • Competition Among Virtual Tour Companies Heats Up During Pandemic

    The Real Deal

    Last August, R.J. Pittman hopped on stage at a Las Vegas conference to promote his company. A seasoned tech executive with stints at Apple, Google and eBay, Pittman was less than a year into his role as CEO of Matterport, which develops and sells cameras and software to create 3D digital models of interior space.

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  • LinkedIn to Cut About 6% of Staff

    Wall Street Journal

    LinkedIn will cut about 960 jobs, or around 6% of its workforce, as the Microsoft Corp. MSFT 0.61% -owned professional networking site grapples with falling demand for its recruitment services due to the Covid-19 pandemic. LinkedIn Chief Executive Ryan Roslansky said the job cuts will be made across the company’s global sales and talent acquisition teams. The coronavirus has had a sustained impact on demand for hiring, he said in a message posted on the company’s website….

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