Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
New York Times
For Americans sheltering at home during the coronavirus pandemic, the Zoom videoconferencing platform has become a lifeline, enabling millions of people to easily keep in touch with family members, friends, students, teachers and work colleagues.
TechCrunch
Ikea, the Swedish home furnishings and decor giant, has been one of the leaders among retailers when it comes to adapting to tech innovations that impact its business, being one of the first to launch augmented reality applications, partnering with others to develop smart home devices and launching a business unit to build that out further, investing in relevant startups, and even picking up of logistics startups to expand its reach….
Bisnow
Co-living providers like Common and Quarters have been expanding rapidly across the U.S., betting on the idea that people want to live in apartments with multiple roommates and large socializing spaces.
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The Real Deal
With real estate agents largely sidelined by shelter-in-place orders, Compass said Wednesday that it is rolling out a set of virtual tools ranging from 3D video tours to targeted mobile ads.
MIT Technology Review
It used to be simple: CIOs were responsible for IT infrastructure. Now, they’re asked to participate in and even to lead digital transformation. Turns out, that’s a good thing, says Adobe’s CIO.
Bisnow
As the coronavirus pandemic continues to spread, disrupting daily life and causing major economic damage, design leaders are pivoting to focus on how building design can combat infectious diseases and improve public health outcomes.
GlobeSt
In response to social distancing efforts throughout the country, many real estate professionals have turned to virtual showings and transactions. The residential market has been a leader, with many agents already familiar or set up for virtual deals, and the trend could have a lasting effect. Consumers could prefer the ease of viewing properties virtually and handling obligations online.
PR Newswire
Livly, a leading provider of modern digital applications for apartment buildings nationwide, is announcing a new fundraising of more than $8 million dollars to fuel its future growth. The investment round includes private equity group Geolo Capital, venture capital groups OCA Ventures and Founder Equity, and many additional strategic investors from across the real estate industry….
The Atlantic
New York City is sputtering. Bars, restaurants, hotels, and theaters have closed; tens of thousands of people have already lost their jobs; hundreds have died. The city has become the epicenter of the novel coronavirus. It needed an “economic nap” to fight it, Scott Stringer, the city’s comptroller, told me. But COVID-19 is bludgeoning the city’s coffers.
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