Latest Trends and Insights in Real Estate Technology

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  • SoftBank Bet Big on Disruptive Companies. Many Have Not Paid Off.

    NEW YORK TIMES

    Anyone who has taken an Uber, sent a Slack message or enjoyed a free beer at a WeWork owes a little something to Masayoshi Son. Through his Japanese conglomerate SoftBank and a $100 billion investment fund, Mr. Son plowed huge sums into these and other companies that aim to change how people work, travel and live. His investments enabled the young companies to throw caution to the wind and run up big losses as they expanded at a breakneck pace in recent years. Even in the start-up world, where …

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  • Start-Ups Like WeWork and Peloton Feel a Chill on Wall St.

    NEW YORK TIMES

    This was supposed to be the year when America’s biggest start-ups would finally make their triumphant debut on the stock market. Billionaire Silicon Valley investors, sneaker-clad founders and button-down bankers all expected enormous stock sales to turn companies like Uber, Lyft and WeWork into a new generation of corporate giants. It hasn’t quite turned out that way. Last week, WeWork postponed its planned initial public offering. Uber and Lyft sold shares earlier this year only to see their…

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  • WeWork Cleans House, Looks to Trim Staff Close to Ex-CEO, Sell Private Jet

    WSJ

    The post- Adam Neumann era at WeWork has begun. In the days since Mr. Neumann stepped down as chief executive, the company’s new leaders have moved to pare its headcount and assets, including advancing plans Thursday to purge nearly 20 friends and family members of Mr. Neumann and his wife, Rebekah Neumann, according to people familiar with the matter.

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  • ‘Everything is up for disruption’: Why MuleSoft’s founder thinks the digital revolution could lead more CIOs to become CEOs

    BUSINESS INSIDER

    Companies looking for their next leader might want to consider a once overshadowed but no longer hidden member of the C-suite: the chief information officer. Traditionally, the IT department has been largely viewed as a sector tasked with helping to fix tech issues around the office. But a digital revolution across corporate America is changing that. Now, as companies invest billions of dollars to increase their tech capabilities, chief information officers are increasingly becoming critic…

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  • Amazon’s Echo Frames are eyeglasses with Alexa

    VENTUREBEAT

    Amazon is rolling out a new line of wearables that work with Alexa today including the Echo Frames eyeglasses and the Echo Loop smart ring. Echo Frames come with no display or camera like you may expect from a pair of glasses meant to augment human activity, but includes directional microphones to talk to you, deliver notifications, and carry out actions like create a reminder, play music, or control smart home devices.

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  • The Math Behind A Last Touch Warehouse Location

    GLOBEST

    SAN FRANCISCO—Not all logistics real estate is created equal. Thus begins a white paper by Prologis on the need to redefine logistics real estate. “With a range of features and locations,” it writes, “properties can have widely different purposes, yet current industry definitions seldom go farther than ‘warehouse/distribution’ and ‘flex’.” The report defines five property types: last touch, city distribution, multi-market and gateway.

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  • As WeWork Stumbles, Its Smaller Competitors Cash In

    WSJ

    Some of WeWork’s fast-growing competitors have been raising money and expanding in big cities by persuading investors and clients how different they are from WeWork. Deals cut by a number of smaller office-services startups have come as parent We Co. last week postponed its initial public offering after investors questioned the business model and governance. WeWork co-founder and chief executive Adam Neumann on Tuesday was forced to step down and cede control of the company….

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  • Grading Buildings on Energy Consumption

    COMMERCIAL OBSERVER

    People might avoid eating at a restaurant with a “C” grade, but will they avoid living in a building with the same score? That’s the question building owners have to start asking themselves when a new law takes effect next year that will give properties a letter grade based on their energy consumption for the year.

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  • Amazon debuts doorbell concierge so Alexa can screen your visitors

    VENTUREBEAT

    Amazon today shared plans to roll out Doorbell Concierge, a way for AI assistant Alexa to answer your front door and speak with visitors through Ring video doorbells. Concierge will begin to roll out for Ring Video Doorbell Elite users starting next year, Amazon VP David Limp said onstage in a presentation at company headquarters in Seattle.

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  • Compass’ COO Maëlle Gavet is out

    THE REAL DEAL

    Compass‘ chief operating officer Maëlle Gavet is leaving the residential brokerage next month, according to sources familiar with the matter. Gavet’s exit is the most notable in a string of recent departures from the SoftBank-backed firm. In an email to agents Tuesday, CEO Robert Reffkin called her departure a “mutual decision.” “Maelle will be moving on to focus her attention on a new opportunity outside of Compass,” he wrote. “The company will not be hiring a replacement for her role.”…

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