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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  • Watch experts discuss the future of construction at TC Sessions: Robotics+AI

    TECHCRUNCH

    The next big thing in robotics and automation just might be construction. Technology has already revolutionized manufacturing and logistics, and now a number of well-funded startups are looking to do the same to the construction industry. This March at TC Sessions: Robotics+AI, we’ll be bringing together a trio of companies that have the industry and investors buzzing. Noah Campbell-Ready is the founder and CEO of Built Robotics, a startup that has developed a heavy-duty autonomous bulldozer. Th…

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  • Software Robots Get Smarter Thanks to AI

    WSJ

    Software robots designed to handle routine work around the office are undertaking more ambitious jobs. By combining robotic process automation with machine-learning capabilities, software makers are developing robots that can tackle higher-level workplace functions, including many that require a degree of judgment. Some of these new roles include verifying a signature on a check, assessing insurance claims and detecting fraud in paperwork. Most software robots in use today are programmed to comp…

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  • As co-working firms leave London, a new arriver plans to make a splash

    THEREALDEAL

    A flexible office space firm is entering the London co-working market, at a time when others are shuttering operations there. Serendipity Labs, a company that provides on-demand office space in primary and secondary markets, said Friday that it has entered an agreement to license 25 locations in the U.K., including 12 in London. The New York-based firm, which uses franchise and management partnership agreements with its landlords, will partner with U.K.-based firm Newable Flexible Workspace, a s…

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  • Top 5 advantages a unified O&M platform can unlock for your CRE business model

    FACILIO

    Modern buildings are much more than physical structures. Few, if any, industries can match the complex web of facilities, infrastructure, technologies and commercial interests that converge in commercial real estate. In order to maximize NOI, multiple parameters across domains such as operation and maintenance costs, energy spend, asset capital, vendor contracts, tenant churn, and much more, must be optimized. Given a facility portfolio which is probably distributed across multiple locations and…

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  • Singapore-based Proptech Firm Fraxtor Aims to Democratize Investment in Real Estate

    CROWDFUNDINSIDER

    Property investment for the average person usually involves making investments in projects that have already been completed. However, there’s now an opportunity to invest in property projects before they’re actually completed. This has been made possible by leveraging blockchain technology. It can take several years or longer to develop property projects from the ground up, and it can also be a risky process. This domain has been limited mainly to property developers who have adequate financial …

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  • Airbnb invests as Zeus corporate housing raises $55M at $205M

    TECHCRUNCH

    As Airbnb absorbs more and more of the demand for housing, it’s exploring how to monetize opportunities beyond vacation rentals. A marketplace for longer-term corporate housing could be a huge business, but rather than build that itself, Airbnb is making a strategic investment in one of the market leaders called Zeus Living, which will list its homes on the Airbnb site. In just four years of redecorating landlords’ homes and renting them to relocated workers for 30-day stays (or longer), Zeus Li…

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  • Zillow Offers expands to Los Angeles and Orange County

    INMAN

    “In the 20 months since we first introduced Zillow Offers, we’ve seen that there is a strong appetite for another option when it comes to selling a home,” Jeremy Wacksman, Zillow’s brand president, said in a prepared statement. “We’re thrilled to launch Zillow Offers today in one of the largest markets in the country, and look forward to easing the friction and helping sellers move to the next stage of their life without the hassle and uncertainty of a traditional home sale.” Zillow Offers works…

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  • Sidewalk Labs co-founds venture capital fund to invest in urban tech

    SMARTCITIESWORLD

    Alphabet-owned Google sibling Sidewalk Labs is partnering with Plaza Ventures to set up a new venture capital fund. Quayside Venture Partners (QVP) will invest in Canadian start-ups focused on issues such as sustainability, mobility and housing affordability. The fund will include a $10 million commitment from Sidewalk Labs, tied to its proposed Quayside development in Toronto. It is expected that Canadian investors will make up at least 50 per cent of the fund.  

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  • As WeWork Stumbles, These 11 Co-Working Companies Could See New Opportunity

    CBINSIGHTS

    WeWork’s failed attempt to go public led to a slashed valuation and a diminished ability to invest in rapid growth. Co-working rivals may spy an opportunity. Once one of the world’s fastest-growing and most highly-valued startups, WeWork is gaining a new reputation. The company saw its valuation spiral after scrutiny surrounding its now-withdrawn IPO revealed that it had lost an astounding $1.9B in 2018. Further, it was revealed that its co-founder and former CEO Adam Neumann had engaged in …

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  • Proptech: Track, a Property Manager for Homeowners, has Raised Nearly £160,000 of its £250,000 Fundraising Target on Seedrs

    CROWDFUNDINSIDER

    A real estate business that received the backing of Property Innovation (Pi) Labs, a leading Proptech VC, is raising equity capital through crowdfunding. Track, which serves as a property and fund manager for homeowners, is raising £250,000 (appr. $328,000) on Seedrs for 11% of company equity. Track has raised nearly £160,000 from 48 individual investors, which is roughly 65% of its fundraising target (at the time of writing). Track has valued itself at £2 million (appr. $2.6 million). The compa…

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