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NEWS

  • Virtual Reality Can Bolster Energy Efficiency

    FACILITIES NET 1/23/19

    People need people, even when they're fake people. Researchers at the University of Southern California found that avatarsrepresenting a facilities management team member had much better success promoting energy efficient behavior in occupants than avatars that represented the building as a persona. And facility managers would do well to remember... Read more

  • From Co-living to Scooters, Here’s What’s Shaping CRE

    CONNECT COMMERCIAL REAL ESTATE 1/23/19

    A new generation entering the workforce and a new coterie of tech-centric markets are among the key trends this year, says Cushman & Wakefield. The emergence of Atlanta, Dallas/Fort Worth and Provo, UT as tech hubs in the making comes in at No. 10 on the firm’s “Top 10 Trends... Read more

  • Real Estate Firms Might Not Understand Blockchain, But That Won’t Stop Them Investing In It

    BISNOW 1/23/19

    2018 was the year PropTech went mainstream: According to a new survey, a majority of real estate companies around the world with assets of more than $250M (£193M) are now directly investing in at least one PropTech firm. Brokers like JLL and CBRE are investing in PropTech companies and investors... Read more

  • How Coworking Affects Asset Values

    CP EXECUTIVE 1/23/19

    A CBRE analysis of recent office building sales found a majority of those with flexible workspaces sold for either more or roughly the same as properties without flex space and also had cap rates lower than national and market averages. The study, which looked at 31 transactions of buildings with... Read more

  • Commercial Escrow Management 2.0

    GLOBEST 1/23/19

    For many organizations — especially property management firms or those who frequently use 1031 exchanges — managing escrow accounts is an essential part of their business, although one that is labor-intensive and time-consuming. Historically, every stage in the escrow process — from opening an account to producing end of year... Read more

  • Resi brokerage that wants to kill the broker raises $45M in Series C

    THE REAL DEAL 1/23/19

    A startup that aims to cut out traditional residential real estate brokers has raised $45 million in its latest funding round. REX, or Real Estate Exchange, announced the Series C funding round Tuesday, bringing its total funding to $75 million since it launched in 2015. The Los Angeles-based startup provides... Read more

  • The most powerful person in Silicon Valley

    FAST COMPANY 1/23/19

    It’s a bright September morning in San Carlos, California, and Masayoshi Son, chairman of SoftBank, is throwing me off schedule. I’d come, as he had, to meet with the people he’s tapped to run the Vision Fund, his $100 billion bet on the future of, well, everything. After almost four... Read more

  • “I feel like I have no choice now”: Keller Williams CEO discusses plans for Q2 launch of iBuyer program

    THE REAL DEAL 1/23/19

    Keller Williams is likely going to launch its own iBuyer program during the second quarter of the year. Gary Keller, who recently returned to his namesake firm as CEO, said during a presentation of Keller Williams’ technology plans for 2019 that the company would probably launch the initiative in Arizona,... Read more

  • Why apps are the next big thing for the digital age office

    JLL REAL VIEWS 1/23/19

    With over five million apps available across the world, just about every fathomable function of daily life can be aided by a finger-tap on a smartphone. Humans spend at least two hours a day in apps. But so far this U$1.3 trillion market has barely serviced the place people spend... Read more

  • Multi-Family Tech Trends Shaping the Future

    CREtech Blog 1/23/19

    The commercial real estate industry is rapidly changing and many new trends have roots in the past that can shape how we move forward. Each quarter, and with the help of leading players within particular industry segments, CREtech will examine key trends and companies shaping the industry. This quarter, we’re... Read more