Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
WOMEN IN PROPTECH
Learn how to make a move into the PropTech industry we we cover understanding role descriptions, identifying transferable skills, how to bridge perceived skill gaps – and more!
TECHCRUNCH
Residently, the U.K.-based ‘proptech’ startup that is building a rental platform to improve the rental experience, has picked up £7 million in seed funding. Backing comes from Felix Capital, LocalGlobe, and A/O PropTech, along with a number of the startup’s existing angel investors. The new funding will be used to grow the startup’s engineering and product teams, and to continue building out Residently’s rental portfolio in London and New York. On the product side, a number of extra services w…
WSJ
Few people outside of We Co. have more riding on the initial public offering of WeWork’s parent company than Steven Langman. The private-equity executive was an early investor and occupies several key positions at We, overseeing executive pay, succession and other critical issues. He also is a driving force behind We’s push into property acquisitions and co-manages an investment vehicle that buys buildings with the goal of leasing space to WeWork. …
THE REAL DEAL
Lead-generation brokerage Triplemint is looking to break into the new development game. The six-year-old firm, which uses predictive analytics to generate buyer and seller leads, will be applying its technology to condo sales, co-founder and CEO David Walker said.
CRETech
Attending the CREtech New York Conference on October 16-17, 2019? Don’t miss a groundbreaking session from Karen Hollinger, SVP, Strategic Initiatives, AvalonBay Communities. She will present the CREtech Talk: “I’ll Tell you What I Want, What I Really, Really Want: Ideas for Multifamily VC Investment.” With billions being invested in new technology focused on real estate, especially in multifamily, it is surprising no one has asked the customer to describe the pain points which need to be sol…
GLOBEST
ARLINGTON, VA—“Advances in technology are a challenge to keep up with,” writes Paula Munger, director, Industry Research & Analysis for the National Apartment Association (NAA). The response she cites from NAA’s recent survey on the rate of technology adoption in multifamily housing might reveal initial reticence, but the report also finds technology increasingly is working its way into properties to positive effect for both residents and owner-operators….
VENTUREBEAT
Bestmile has raised $16.5 million in venture capital as it continues to expand its platform for managing autonomous and human-driven vehicles. The Switzerland-based company’s software was originally designed to help transportation companies optimize fleets of self-driving vehicles, including cars, trucks, and shuttles. But Bestmile has evolved to include traditional vehicles as the shift to an autonomous world is now stretching out over many years. …
DALLAS BUSINESS JOURNAL
Walking into Hana you step onto smooth wooden floors, smell a custom-made scent and are welcomed at the flexible working space’s reception area, “The Hub.” Hana, a subsidiary of CBRE Group Inc. (NYSE: CBRE), officially opened at PwC Tower on Tuesday.
VENTUREBEAT
If you’ve been following the rat race that is U.S. carriers’ 5G rollouts, you’re probably aware that Verizon recently announced it would light up mobile 5G in portions of Providence, Rhode Island this summer, coinciding with a rollout in Denver, Colorado. The company claimed in a press release that customers could expect speeds up to 450Mbps from its 5G Ultra Wideband Network, with peak speeds over 1.5Gbps and less than 30 milliseconds of latency. And while it’s been a long time coming, Verizon’…
THE REAL DEAL
StreetEasy is going after the bridge-and-tunnel crowd. The portal, which was so entrenched in New York City real estate that Zillow paid $50 million to buy the site in 2013, is now displaying listings in the Garden State. Last month, StreetEasy added for-sale and rental listings in select Hudson and Bergen County neighborhoods, including Edgewater, North Bergen, Weehawken and Hoboken, a spokesperson confirmed….
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