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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  • Eight Reasons WeWork’s Downfall is Great for Real Estate Startups

    PACKYM

    Whenever I tell people I’m starting a company with a physical space component, I get some variation of, “Wow, isn’t that going to be tough post-WeWork…?” Yes. Launching a real estate startup after WeWork, the industry’s poster child, blew up is going to be tough. Capital is more expensive and less readily available. Leases are harder to obtain. People are bearish on the space and will tell you to just go build software. But that’s all ok. In fact, the difficulties are desirable because they fo…

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  • CBRE Global Investors Rolls Out Office Amenity Program, Aiming To Ramp Up Tenant Experience

    BISNOW

    As a tenant experience program, A&B offers an on-site concierge for office tenants, common spaces to promote tenant interaction, and in most cases CBRE Host, a mobile app that gives tenants direct access to building amenities and services. The rollout of A&B is part of a larger nascent movement to incorporate elements of hospitality design into office spaces. The goal, particularly via such face-to-face touches as an on-site concierge, is to foster experiences that meet the needs of the …

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  • Q&A: Tech startup creates virtual hub for commercial real estate pros

    THENEWSFUNNEL

    As Abby Murray sees it, commercial real estate has traditionally been a few strides behind its residential counterpart when it comes to embracing technology. She hopes to close that gap with help from her new business. Murray is the co-founder of Mortarr, an Albert Lea-based online networking platform for commercial real estate professionals. The idea is to connect developers with architects, builders, designers and contractors. The concept appears to be catching on. Roughly 800 companies are sh…

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  • CRG Hires National Real Estate Veteran Geoffrey Kasselman

    REALCRG

    CRG, a national real estate development and investment firm, announced today the hiring of Geoffrey Kasselman, SIOR, LEED AP, as Partner and Senior Vice President, Workplace Strategy. Kasselman will oversee national accounts and lead all client-related initiatives for the company’s expanding industrial, office and data center project delivery platform. Kasselman will also provide customers with strategy for the future of their workplace and technology in real estate.

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  • Supergiant VC Rounds Weren’t Limited To Late-Stage Startups

    CRUNCHBASE

    It’s become the norm for some private tech companies to raise in a single round what VC firms raise for an entire new fund. For a certain class of large, rapidly-growing companies flying in the rarified air of startup finance, raising $100 million or more in a venture round is, if you’ll forgive the pun, just not that big of a deal anymore. Supergiant venture capital rounds are on the rise across all stages, data from Crunchbase shows.

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  • Investors still in love with proptech

    REW ONLINE

    Interest from venture capital (VC) in the proptech sector has been going strong and there’s no sign that this will change, KBW analysts have found. In fact, in a recent report issued by KBW, analysts stated that VC investment totaled $4.2 billion in 3Q (averaging multiple sources), with a 42 percent year-over-year increase, while year-to-date funding totals $13.8 billion. KBW analysts estimate 32 deal announcements in 3Q and 108 YTD through November. In the public universe, they estimate 3Q reve…

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  • Redpoint Ventures Invests R$50M in Housi

    LAVCA

    Redpoint eventures, an early stage Brazilian Venture Capital firm, made a R$50m investment in Housi, a Brazilian property rental platform that spun out of Vitacon, a Brazilian real estate developer. Housi is a housing platform intended to provide rental housing on demand. The company’s platform manages apartments and houses that are available for rental digitally without the need for a broker or guarantor, thereby eliminating the bureaucracy involved in renting a property and the process of mana…

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  • California’s Fintech Startups Are Invading New York

    BLOOMBERG

    When two Irish brothers started Stripe Inc. together in 2010, there was little question about where they should put their headquarters. It had to be California. Now, though, Stripe is leaving the tech mecca of San Francisco, awash in tech talent and investor cash, and is in the process of moving its main office about 10 miles to neighboring South San Francisco. What’s more, the company—whose $35 billion valuation makes it one of the world’s most valuable startups—is currently building up its…

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  • RentRedi Heeds the Digital User Experience in 2020

    GLOBEST

    Real estate technology start-up RentRedi has set its sights beyond digitizing the road to securing an apartment, and is now focused on deploying technology that would make renting as easy as ordering food or a rideshare. Ease of use is top of mind for the company entering 2020, Ryan Barone, RentRedi’s CEO and chief technology officer tells GlobeSt.com. The New York-based start-up just closed a $1.4 million venture funding round that TIA Ventures lead, which included well-known investors Andy …

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  • Finland’s national grid goes digital to integrate more renewables

    SMARTCITIESWORLD

    Nokia is installing an internet protocol/multiprotocol label switching (IP/MPLS) network to digitalise and automate the management of the Finnish power grid. Through the new smart grid, Fingrid, Finland’s nationwide power grid operator, aims to better integrate variable renewables such as solar, wind and micro-generation from bioenergy. The Nokia network will also support all current and legacy grid control applications including SCADA, tele-protection and current differential protection

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