Oxford partners with Willow to supercharge The Stack’s smart building systems

Oxford Properties’ new office development in downtown Vancouver; The Stack, is designed to be future forward, with world class design reaching new heights. The smart building will incorporate Willow’s WillowTwin™ technology, a digital replica of the physical building, to ensure that at substantial completion, Oxford has 100% of the data points, from operating manuals, to 3D models, through to warranty and purchase information, all in one intuitive platform. …

Level Home raises $71 million from Walmart to imbue locks with connected smarts

Smart locks that play nicely with HomeKit and similar platforms are a proposition almost too good to pass up. Top-of-the-line models from Yale and Schlage automatically unlatch doors when familiar faces arrive, and they lock them when someone departs. But problematically, they’re typically expensive — particularly in homes with multiple locks to upgrade.

Apartment Referral App Raises $1M to Help Landlords Attract More Renters

A Chicago startup that’s helping apartment searchers find homes by connecting with current tenants just raised its first round of venture capital funding. Rentgrata announced Wednesday that it raised $1 million from Chicago-based VC firm M25, Syndicate Fund, Right Side Capital Management and Nelnet. Additionally, individual investors like Package Concierge Founder Georgianna W. Oliver and ApartmentJet Co-Founder Eric Broughton also participated in the round….

Inside McKinsey’s future of retail incubator

Bringing new technology into retail can be costly, for both young brands testing physical retail for the first time and more established retailers. On Sept. 26, McKinsey & Company opened a retail concept space in the Mall of America to help brands learn what technology could improve their in-store shopping experience.

Building Engines Raises $12.7M in Funding

Building Engines, a Boston, MA-based operations platform for commercial real estate owners, operators and occupants, raised $12.7m in funding. The round was led by existing investor Wavecrest Growth Partners, with participation from River Cities Capital Funds, MassMutual Ventures and Camber Creek Ventures. The company intends to use the funds to continue to expand operations and its business reach….

Five Takeaways from Day Two of the 2019 CREtech New York Conference

Day two of the 2019 CREtech New York conference wrapped up discussions on how the commercial real estate industry can adopt new technologies at a quicker and more meaningful pace. Here are five main takeaways from the second day of the event.

Unlocking the insights to build what matters. A new tool to de-risk and optimize real estate development. See it first at CRETECH.

CRETECH 2019 – Brooklyn, NY — Built off the backbone of Local Logic, Local Analytics looks to be the future of urban planning and the “go-to” investment tool for land development projects. Now, for the first time, a developer can see everything in one place. Using professional GIS tools; users can evaluate any location, while cross referencing demographic, market supply and demand, asset type, zoning data, and more. For example, a land developer can get into the livability and demographics of…

CRE Tech Spending Should Continue Through a Recession

The commercial real estate is rapidly changing. At the center of that change is the tenant and end-user experience, given the increasing use of technology and rapidly changing customer preferences, according to Deloitte’s 2020 Commercial Real Estate Outlook. Jim Berry, Deloitte’s US Real Estate sector lead, thinks the CRE industry needs to move from the mantra “location, location, location” to “location, experience, analytics.” He says the latter two elements are becoming equally as significa…

EXCLUSIVE: New Broker Poll Shows Coworking (Even WeWork!) Not Seen As Much Of A Threat

Commercial real estate brokers are much more convinced that coworking is a lasting trend, and they have more tenants asking for flexible leases, a new poll released by CRE software company Apto shows. The Apto National Broker Buzz Poll was conducted during the past two weeks and polled both customers and non-customers. It found that brokers are less threatened by coworking, including currently imploding behemoth WeWork, and that corporate/credit tenants are still bullish on standard medium- a…

WeWork’s landlords buckle up

For New York City landlords needing a quick fix to fill empty office space, WeWork has been a go-to tenant for years.

Now, with the office-space company in turmoil, those property owners suddenly feel a lot less secure. Some are turning to WeWork competitors to line up options in the event they need to suddenly fill space.