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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  • SquareFoot Raises Another $16M to be the Modern Commercial Real Estate Brokerage

    ALLEYWATCH

    Normally, there is a negative implication when people say “it doesn’t fit anymore”, but this implication does not apply when it comes to outgrowing office space! In commercial real estate (CRE), flourishing companies contribute to 75 percent of the leases that are signed every year.  SquareFoot is the CRE company that is dedicated to helping growing companies find office space. AlleyWatch sat down with founder Jonathan Wasserstrum to learn more about the company’s expansion plans beyond its N…

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  • Real Estate REality Check: Podcast Episode 047: Ash Zandieh

    LEASINGREALITY

    Today we have with us Ash Zandieh, the CREtech and PropTech visionary and guru, who seemingly made it his mission to channel the song by hip-hop heartthrob Drake, namely that of “Started from the Bottom” as to the acquisition of his real estate knowledge base. Ash continues that mission in a myriad of ways, including that of helping the commercial real estate tech sector grow into a thriving ecosystem by helping startups grow their businesses by connecting them to the funding sector.

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  • Mobileye partners with NIO to develop driverless cars

    VENTUREBEAT

    Mobileye, the autonomous vehicle systems developer that Intel paid $15.3 billion to acquire in March 2017, held its first post-acquisition investor summit today, and it was as eventful as might be expected. The Tel Aviv company unveiled a collaboration with Chinese automaker NIO to develop “highly automated” electric cars for consumer markets, and it laid out strategic business pillars and its progress to date in key driverless technology segments. The news comes after the announcement that t…

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  • Episode 3 Available Now: The Real Crowd Podcast Interview Series featuring Karen Hollinger of AvalonBay

    THE REAL CROWD PODCAST

    Listen now to episode 3 of The Real Crowd’s podcast interview series, “Fundamentals of Commercial Real Estate Investing” at CREtech New York 2019 featuring Karen Hollinger, Senior Vice President, AvalonBay; Kia Nejatian, Senior Ventures Associate, Real Estate & Construction, Plug and Play; MJ Cootsona, Co-Director, Real Estate & Construction, Plug and Play; Minta Kay, Partner, Chair, Real Estate Industry Group, Goodwin; and Steve Weikal, Head of Industry Relations, MIT Center for Real Es…

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  • WeWork Isn’t the Only Stumble for SoftBank’s Vision Fund

    WSJ

    SoftBank Group Corp.’s longtime strategy of dumping mountains of cash on promising young companies to create big winners failed dramatically at WeWork, and is showing cracks at a number of its other investments. SoftBank’s nearly $100 billion Vision Fund gave companies like dog-walking app Wag and indoor farm Plenty more cash than they wanted, but the investments failed to ignite growth. After a sizable bet on online car-lessor Fair, that company is struggling to stay afloat. Wag is for sale, pe…

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  • Coworking Firm Industrious Bulks Up in Pasadena

    CRETech

    Workplace provider Industrious has announced another agreement with property owner Coretrust Capital Partners for a new coworking location in Pasadena, Calif., on the heels of a similar deal in July. The company will take approximately 29,000 square feet at Corporate Center Pasadena — the largest office campus in Pasadena occupying a full six-acre city block with more than 640,000 square feet of commercial space. The four-building campus is located at 201, 225, 251 and 283 South Lake Avenue. …

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  • Warehouses Are Tracking Workers’ Every Muscle Movement

    BLOOMBERG

    Every morning when he goes to work in the freezer room of a warehouse in eastern Pennsylvania, Jack Westley throws on a hooded sweatshirt to keep warm and grabs a radio to talk to his coworkers. He was recently given a new piece of equipment to wear, which he attaches to a harness over his shoulders. It’s a black device about the size of a smartphone that tracks his every move. For Westley, a 36-year-old with tattooed arms and a sunny disposition, work means a full day of carrying boxes as …

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  • Crunch time for Katerra?

    THEREALDEAL

    Katerra CEO Michael Marks strolled onto the Las Vegas stage, his name and title projected onto a giant black screen. In a style that’s become a cliché among Silicon Valley startups, he was about to unveil the construction firm’s new products to an audience of more than 200 people. “We’ve been working hard, quietly behind the scenes for the last few years,” Marks said at the February event. “This is our coming-out party.”At the time, the company had every reason to be a confident debutante: Just…

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  • Canada’s RenoRun Raises $17.1M Series A For Its Construction Material Delivery App

    CRUNCHBASE

    RenoRun, a construction material delivery service, has raised US$17.1 million (CA$22.5 million) in Series A funding co-led by Inovia Capital and Obvious Ventures. ScaleUP Ventures, Real Ventures, Maple VC, and Silicon Valley Bank also participated in the financing. It comes on the heels of a $3 million seed round that was raised from Real Ventures and ScaleUP Ventures in July, bringing its total raised to more than $20 million. Through its “builder-friendly,” data-driven app, Montreal, Quebec-ba…

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  • Allied’s bold tech move: 122 buildings to be WiredScore certified

    RENX

    Wired Certification is WiredScore’s internationally recognized rating system for commercial real estate. It helps owners and property managers design and promote the digital connectivity and technological capacity of their buildings to tenants. “We want a way to measure, and to learn from the measurement, the technical capabilities of our buildings,” Allied president and chief executive officer Michael Emory told RENX. “We really want to understand how our buildings compare to others, both wi…

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