Search Results for: blockchain

Results 201 - 285 of 285 Page 3 of 3
Results per-page: 10 | 20 | 50 | 100
Buying a home is the most important financial decision an American consumer makes in his or her lifetime. Home equity is the largest source of consumer wealth, and home mortgages the largest consumer obligation. And yet, despite the profound impact of home ownership on the U.S. economy and
Buying a home is the most important financial decision an American consumer makes in his or her lifetime. Home equity is the largest source of consumer wealth, and home mortgages the largest consumer obligation. And yet, despite the profound impact of home ownership on the U.S. economy and
Buying a home is the most important financial decision an American consumer makes in his or her lifetime. Home equity is the largest source of consumer wealth, and home mortgages the largest consumer obligation. And yet, despite the profound impact of home ownership on the U.S. economy and
By Richard Pickering, Head of Futures Strategy Davos As Davos opened this week, Angela Merkel reportedly poked fun at Theresa May. She keeps saying ‘make me an offer’, said the German Chancellor; who knows it is not her place to do so. May had the opportunity to set the record straight by offering
Technology is evolving faster than ever before. From Bitcoin’s explosive growth to drones buzzing in parks and construction sites across the country, 2017 was a year of rapid tech growth. There’s reason to believe that growth will accelerate this year, and given how technology is impacting every
Robots on construction sites and 3-D printed buildings are among the technological advancements shaking up the construction industry. According to a report in The Real Deal, companies in the five boroughs and around the world are also using virtual reality, blockchain and smart building sensors to
It is 2018, the year that cryptocurrency will begin to takeover the world’s payment systems. In my last article, I explained what cryptocurrency is, how to buy it, and some of the hundreds of retailers that use it. In the second half of 2017, Bitcoin, Ethereum, Bitcoin Cash and Litecoin made
One of the most amazing parts of my job, is that I get to meet and communicate on a daily basis with some of the most amazing, talented, and inspiring people in the commercial real estate tech sector.
For the the heavily regulated real estate industry to see significant adoption of blockchain--the underlying system that powers popular cryptocurrencies such as Bitcoin and Ethereum--there needs to be reassurance that these new technologies are legal, secure, and above-board. That's why Fifth
Where we stand today. Commercial real estate data has long been left abandoned in dark recesses and behind firewalls, either forgotten or hidden. Mostly for a perceived competitive advantage. Today that may no longer be a choice. The tension between commercial real estate data that is aggregated,
I have written in the past many things about the transactional part of #CRE. It the basis of almost all things that help #CRE make money. I have also written about some up and coming companies (TenX, Opendoor) who are doing the entire thing themselves or at the very least getting there. And spending
  By Turner Levison  Posted February 15, 2018  In Uncategorized What Blockchains Bring to CRE2018-02-152018-02-14https://commissiontrac.com/wp-content/uploads/2016/10/ctlh.pngCommissionTrachttps://commissiontrac.com/wp-content/uploads/2018/02/ct-blog-blockchain.jpg200px200px 0 Mainstream adoption of
It’s clear there is real momentum in the CREtech and PropTech sector. Whatever you call it (many different terms used in different parts of the world), we are experiencing a global movement of the intersection of tech and real estate.
The real estate cryptocurrency startup Deedcoin has gone live with its public token sale, the company told supporters via email Monday. The public launch follows a private sale in January and several delays (Deedcoin said it was originally scheduled to launch around Thanksgiving 2017). Deedcoin
SAN FRANCISCO — For all the optimism, innovation and wealth that are produced here, the Bay Area can also feel like a place that doesn’t work quite right. The cost of housing has priced out teachers and line cooks. Income inequality is among the widest in the nation. The homeless crisis never seems to ebb. Traffic is a mess. On bad days, transit is, too. And local governments are locked in conflict. Clearly, the region has not been optimized. “It could be so much better,” said Ben Huh, who moved to San Francisco in 2016 after running the Cheezburger blog…
Startup that maps out development sites raises $2M in funding Honest Buildings Expands Series B Round to $21M with Additional Real Estate-Owner Investments Fifth Wall Leads $135 Million Investment With Lennar in Opendoor, Startup Changing the Way We Buy and Sell Homes This $10M blockchain VC deal could have a big impact on real estate CRE data startup Reonomy raises new venture round, partners with Newmark Real estate industry funnels $6M into Juniper Square Built Technologies Raises $21 Million Series A to Transform Construction Lending Industry Enertiv Closes $4.25 Million Round with Investment from Fifth Wall The 10 biggest real…
China, home to the world’s biggest community of Bitcoin miners, is cracking down on cryptocurrency activity. From a halt to virtual currency trading on domestic exchanges to banning initial coin offerings, regulators have taken a proactive role in shaping the stratospheric rise of Bitcoin and its peers. The country’s moves come as President Xi Jinping targets financial risk in the economy following a decade of booms and busts in everything from stocks to real estate. The result: China’s once-dominant role in the world of cryptocurrencies is shrinking.  1. What exactly is China doing? First it banned initial coin offerings, or ICOs --…
It comes from conversations, ideas, a passion for commercial real estate and a few brilliant people. If you have not read my previous article #REBNYTECH Hackathon 2017 Will Award A Total Of $75k In Cash And Prizes To Tech Innovators! And the follow-up #REBNYTech Hackathon GAUNTLET CHALLENGE Summary.
While the tech industry continues to alter our daily lives and workspaces with groundbreaking innovations, it remains stuck in the past when it comes to gender diversity. Courtesy of Punch Canada Inc. Helen Papagiannis Women still represent only 23% of Canadian tech workers, with few of them in administrative or managerial positions, according to the latest Statistics Canada numbers. That figure has not budged since 2010. “This is the next step for tech — looking at the lack of diversity,” Gensler Senior Associate and Design Director Annie Bergeron said. “But at the root of it, there are just not a lot…
“Oh my god, this is so cute!” Robin Li, an investor with the San Francisco venture capital firm GGV Capital, was standing in the lobby of the Madison building in downtown Detroit. Built in 1917 as a theater and refurbished several years ago as a tech co-working space, the Madison checks all of the aesthetic boxes of hipsterdom: reclaimed wood, exposed brick walls, pour-over coffee served by tattooed baristas. “This is nicer than San Francisco,” Ms. Li concluded. Last month, I accompanied Ms. Li and roughly a dozen other venture capitalists on a three-day bus trip through the Midwest, with…
Payments company Ripple says it plans to invest in startups and technology companies to develop more uses for XRP, its cryptocurrency that is currently the third largest digital token behind bitcoin and Ethereum based on total market cap. The value of XRP shot up in December and January following a crypto market rally that saw bitcoin reach nearly $20,000 per coin. The collective value of XRP was worth more than $128 billion at peak before a market crash in January walked those prices back significantly. Today, the token has a total market cap of around $30 billion but Ripple has come under…
A new Los Angeles co-working space that offers cannabis companies a safe place to conduct business will open its doors in July. The concept, called The Paragon Place, aims to help companies within the cannabis industry secure office space at a time when stigma still makes it difficult to lease space from landlords and property managers, Curbed reports. Located in Hollywood at 1452 Tamarind Ave., the venture is being spearheaded by blockchain technology platform Paragon. The company, which focuses specifically on the medical cannabis industry, will pay for the build-out with its own cryptocurrency, PRG Coin, The Real Deal reports. While public spaces, meeting rooms and communal areas such as…
The Real Estate Board of New York is planning a property technology contest open to global innovators, marking the first worldwide initiative by the 122-year-old organization, Commercial Observer has learned. It will be the organization’s second real estate technology contest, following its
Resistance to change in the real estate industry is fading away as new technologies become ingrained in the day-to-day business of buying, selling and developing properties. The creators and backers of new real estate tech say they hope to change things in the same way that disruptive new services
Panelists at May 21-22 World Real Estate Forum to Focus on Technology, Innovation, Growth Markets, Cross-Border Capital, Development Opportunities CAMBRIDGE, Mass. (March 27, 2018) – The MIT Center for Real Estate announced today that it will host the World Real Estate Forum on May 21-22, 2018, an unparalleled gathering of more than 400 industry thought leaders, distinguished faculty, innovative researchers and alumni who will engage in a wide-ranging conversation about the global real estate industry. The World Real Estate Forum features four expert panels of thought leaders from over 25 countries, along with “The Edge Sessions,” a series of conference…
RealConnex Inks New Partnership with Invizen IT Platform Posted by: RealConnex, March 29, 2018 New York, NY — March 29, 2018 — RealConnex, the largest networking and business development platform for the CRE industry, is pleased to announce a partnership with Invizen IT, a real-time CRE analytics
FUTURE: PropTech is well established as the leading & most well attended global event dedicated to the technology innovation & digital transformation occurring in the wider Real Estate sector. Join us on Wednesday 2nd May 2018, for our 4th annual conference as we bring together over 1,200+
Venture capital firms over the last year or so have wrestled with how forcefully to lean into investing in startups linked to cryptocurrencies: Is blockchain technology so consequential that we should reorient our entire investment strategy? Is it a fad that we can avoid as our competitors get distracted? Or should we gingerly — maybe even reluctantly — make a few investments just to minimize our downside until it’s clearer whether there is indeed money to be made here? Now an older-line venture firm — Menlo Ventures — is making its first investment in the world of blockchain, the tech…
Knotel closed a $70 million in a Series B funding round on Tuesday, with plans to expand rapidly and muster a serious challenge to industry leader WeWork. The flexible office space startup led by Amol Sarva has now raised $100 million between two seed rounds, and is valued at $500 million, according
Lights-out manufacturing refers to factories that operate autonomously and require no human presence. These robot-run settings often don’t even require lighting, and can consist of several machines functioning in the dark. While this may sound futuristic, these types of factories have been a reality for more than 15 years. Famously, the Japanese robotics maker FANUC has been operating a “lights-out” factory since 2001, where robots are building other robots completely unsupervised for nearly a month at a time. “Not only is it lights-out,” said FANUC VP Gary Zywiol, “we turn off the air conditioning and heat too.” To imagine a world where robots do all the…
Without question, technology has been changing the industrial real estate landscape for years. At the same time, the CRE industry has been slow to adapt to it —but that is changing. Asked of some of the biggest names in commercial real estate, which technologies will have the biggest impact, Smart
To understand how the commercial real estate tech sector will continue to evolve and transform, I pay a lot of attention to what’s happening OUTSIDE of the sector. I follow other industries and study their trends . I don’t think that commercial real estate will be much different than how Fintech emerged from the financial services, or how Healthtech is emerging from the healthcare industry. Following the trends in other industries is a great way to understand how new tech ecosystems emerge and become sustainable. And as a new sector, CRE technology will clearly follow the same patterns. For instance,…
SoftBank's Futuristic Vision Fund Takes on the Real (Estate) WorldSoftBank CEO Masayoshi Son likes to talk about 300-year timeframes for his investments.Mark Kauzlarich/Bloomberg/Getty ImagesSharesharetweetcommentemailAuthor: Erin GriffithErin Griffithbusiness04.16.1807:00 amSoftBank's
(Illustration by Daniel Nyari) Of all the hats a broker must wear through the course of the job, data scientist is a recent addition. Generating leads through complex algorithms, using microtargeted marketing, and even paying for properties with a virtual currency have become a part of the way
Of all the hats a broker must wear through the course of the job, data scientist is a recent addition. Generating leads through complex algorithms, using microtargeted marketing, and even paying for properties with a virtual currency have become a part of the way business gets done. And with centers for such innovations so close by, with Silicon Valley to the north and Silicon Beach right in town, it behooves L.A.’s brokers to get in on new technologies early. “If you’re not using powerful technology to propel your business, you won’t remain relevant into the future,” said Markus Canter of Berkshire…
Just wrapped up four extraordinary days in Utah. Hard to put into words what this event meant to me personally. It was something I dreamed up about a year ago...a small event, with amazing people, all talking tech... being inspired by amazing world-class speakers--all in an extraordinary setting. Running CREtech and seeing how fast our events are scaling is a real thrill as CEO. Additionally, watching my team execute flawlessly and raising the bar each time is a real honor. I couldn’t be more thrilled with how our events are scaling. Literally at every event I get to I meet…
You know the names, of course, you do, especially if you have done any type of deals at all. 1. Fidelity National Financial. 2. First American Corporation. 3. Investors Title Company. Of course, there are many more regional and local names I am sure pop into your head. Think about what they actually
Between 2015 and 2016, real estate tech attracted nearly 2 billion in investor dollars – 85% more money than the previous year. This explosion of money into the industry is the result of recent large scale adoption of new technologies in commercial real estate. With everything from lender paperwork processing to design plans backed by high tech tools, commercial real estate tech is changing everything you know about real estate. #1: Tons to Do with Data Data has been the word of the year for the last several years in commercial real estate. It is used to do everything from…
Panelists at May 21-22 World Real Estate Forum to Focus on Technology, Innovation, Growth Markets, Cross-Border Capital, Development Opportunities The MIT Center for Real Estate announced today that it will host the World Real Estate Forum on May 21-22, 2018, an unparalleled gathering of more than 400 industry thought leaders, distinguished faculty, innovative researchers and alumni who will engage in a wide-ranging conversation about the global real estate industry. The World Real Estate Forum features four expert panels of thought leaders from over 25 countries, along with “The Edge Sessions,” a series of conference tracks in which participants engage directly…
One of the biggest challenges for real estate owners and operators is finding and retaining quality vendors. It’s a long and timely process. You put out an RFP, and wait. You review the bids; conduct research on the vendor, hire them and hope that the company’s work is good, so that you don’t have to go back to point A. YINC—a new app company—promises to end the vendor-related headaches. The software has streamlined the process of finding and hiring vendors, promising a competitive bid process to lock-in the best possible pricing, trustworthy reviews and an easy pay system all using blockchain
Technology is advancing so rapidly that nations all over the world are trying to predict what the workforce and work itself will look like if automation and AI continue to improve and escalate at a breakneck pace. The U.N.’s World Forum looking at the impact of job loss due to robotics among all economies estimates that soon a third of all work will be done by robots in at least 60% of jobs. Commercial real estate is one sector that is bracing for the effects of robotics. There are many roles that are already being replaced by robots while for…
If you look at moves venture capitalists have been making for the last few years, you would know that AI really isn’t that far-fetched for commercial real estate. In fact, it’s already taking over. Some of the biggest names in tech are backing new AI ventures and throwing billions of dollars at these startups too. How AI is Being Used in Commercial Real Estate Right Now Most people still hear artificial intelligence and think autonomous robots with human-like emotions. The real AI being employed in industries of all kinds is much different (Autonomous humanoid robots could happen – just not…
Seattle was ranked by PwC as the number one real estate market for 2018, in part because of their technology readiness. According to the survey, Seattle more than any other market is home to the largest percentage of workers in the STEM (Science, Technology, Engineering, and Mathematics) fields – double the national average. Residents are also tech smart. Nearly 95% of households in Seattle own a computer and nearly 90% have high speed internet. There are many trends that are shaping the commercial real estate tech industry over this year. Here are a dozen poised to shape the industry moving…
I am back from a few days of attending the biggest, most intense and fast-paced conference I have ever attended… ICSC RECon, which is held every year in Las Vegas. This is a legendary event. Over 30,000 retail developers, brokers, tenants and more gather for a few days every year with one focused intent… to make deals! (Ok, and maybe also party a bit :). The last time I had attended was probably 15 years ago while running my PR firm. I made the trip this year to help support our company’s (CREtech.com) “Innovation Exchange” which we helped organize for…
Jake Edens is Senior Vice President of Technology & Innovation, USA at Colliers International. In this role, Edens manages the technology and innovation strategy for the U.S. business, working directly with our business leaders and IT teams to build cutting-edge applications for our advisors and support staff to help Colliers foster an organized and connected data ecosystem Edens brings a robust and unique set of experiences to Colliers, having worked within the industry at Trammell Crow Company, served as COO of Apphelper, a social gaming company based in Atlanta and founded REscour, a data platform that utilizes proprietary market analysis…
MetaProp, the world’s premier early stage PropTech venture capital, advisory and acceleration firm, has closed its second venture capital fund, MetaProp Ventures II, LP at $40 million, more than 50 percent over-subscribed. MetaProp’s new fund will invest from $150,000 to $2 million in up to 40 new PropTech software, internet of things (“IoT”), hardware and tech-enabled services startups. Founded in 2015, MetaProp will continue its strategy of investing in the newest real estate technologies like 3D printing, blockchain, co-working/co-living, augmented reality and digital energy management across all global real estate asset types including residential, office, retail, hotel and industrial. The…
The allure of digital currencies has hit Dubai, Seoul, Berkeley, and more. What looks like another offshoot of the Bitcoin craze could be an evolution of the municipal bond. Coming soon to Slovenia: a brand new city that runs completely on cryptocurrency. If all goes according to plan, BTC City will rise from the ashes of a former commercial shopping district in the country’s capital of Lubljana, offering wallet-less shoppers and wide-eyed tech enthusiasts a chance to engage in a more modern brand of conspicuous consumption. Every store in the 1.5 million-square-foot plot will stop accepting cash and start accepting…
By: Brendan Canny, Managing Director of Open Box Software There’s a lot of talk about the 4th industrial revolution and how we are moving towards the fusion of technology and people. It seems like everyone is talking about robotics, artificial intelligence, the blockchain, nanotechnology, quantum computing, biotechnology, the Internet of Things, 3D printing and autonomous vehicles. A quick Google of “Real Estate technology” reveals that, far from being a laggard, as it is often presented, the Real Estate industry is enthusiastically adopting technology to improve how it works. You only need to look at the activity in the PropTech space,…
It was approximately one year ago this time that we had our first event as the new owners of CREtech.com. I had known the original founder of the site, Pierce Neinken, since he started it and was a proud volunteer from day 1. So when we had an opportunity to acquire the platform, at the suggestion of my good friend Jeremy Neuer, we jumped on it. At our first event as the new owners, it felt like something was in the air. Something was happening in the CRE Tech sector, you could just feel it. Momentum was building. And at…
By: Poonam Mathis, Founder of StealthForce  It’s important to be a geek about your business, and as an entrepreneur I take that responsibility seriously, which is how I know that in 1937, while Amelia Earhart was disappearing over the ocean and the Golden Gate Bridge was having its grand opening, a guy named Ronald Coase published “The Nature of The Firm”. Coase made the case that the only reason why firms need to exist is if there are economic benefits (lower organization costs, increased precision, lower supply costs) at scale. It was never about internal-knowledge-sharing or a company’s special sauce. …
If some financial institutions had used blockchains before the last recession, we may not have had one. After all, banks sometimes didn’t know which company’s books held bad mortgages, and a blockchain is essentially a single time-stamped ledger transparent to all its users. Since that time, companies in a wide variety of industries, such as health care, government, food, supply chain management and trade finance, have begun exploring blockchain technology. The problems they’re trying to solve mostly come down to inefficiency and fraud. Gartner, a research firm, projects the global business benefits of blockchain technology will total $5 billion in…
NEW YORK CITY—With news such as Eastern Consolidated’s closing, the coming of blockchain, and Cushman & Wakefield reportedly operating at a loss for the last three years, should brokers be worried?
Whether you manage 1 or 100 properties managing them has remained the same. Today technology is changing every aspect from maintenance to legal contracts to make things faster, easier and smarter for investors. Hemlane CEO, Dana Dunford, returns to RERL as she talks with Joe about managing rental property on your terms. Specific topics include: Agent liability issues Cyclical and linear market cycles Everything about investing outside California How will cryptocurrency and blockchain work its way into transactions Next big step for property management
It wasn’t too long ago that the latest trends in real estate technology were virtual reality tours and drone photography. Now, agents are having to explore what were once far-out concepts like artificial intelligence, machine learning, geofencing and blockchain. There has been an explosion in recent years not only of the technology available to agents, but also the money being poured into the tech side of the business.
In the CREtech sector, we need all the help we can get. Investment in the industry is at record levels. It is clear that real progress is being made with many, many startups scaling yet getting the press to pay attention to us is still a challenge. And I get it. We are a small ecosystem in the tech sector and the real estate trade media focuses mostly on big deals and trends in the commercial real estate sector, overall. And then along comes Rich Berliner, CEO of Fifth Gen Media! And he’s doing exactly what we need.. trend stories,…
Cryptocurrency trading platform SFOX has announced the closure of a $22.7 million Series A funding round with participation from Airbnb co-founder Nathan Blecharczyk, according to an August 16 press release. Co-founder and partner at Tribe Capital and Social Capital, Arjun Sethi, led the Series A funding round for the U.S.-based cryptocurrency dealer SFOX, with participation from Y Combinator, Khosla Ventures, Digital Currency Group, Blockchain Capital, and Blecharczyk.
For the month of August, while taking a break from writing to focus on some large initiatives at CREtech, I have asked some of the smartest people in CREtech that I know to guest blog for me and share their perspectives on the sector and current landscape. I am pleased in this entry to have my friend Raja Seetharaman share his thoughts on the future of CREtech. In my humble opinion, he is a true thought-leader and one of the most important industry leaders in the space. Thanks Raja! I hope you enjoy his insights as much as I did! –…
Los Angeles-based Paragon, a company that provides supply chain tracking for the cannabis industry and uses blockchain transactions, has just opened the city’s first coworking space for cannabis-related companies in Hollywood.
CREtech and AnySizeDeals will co-produce #BitcoinCRE events in 2019 New York, NY (September 6th, 2018) — CREtech (cretech.com), the leading commercial real estate technology platform and AnySizeDeals, a member network organization comprised of professionals passionate about real estate, Proptech and Blockchain have announced a partnership to collaborate and jointly produce #BitcoinCRE events in San Francisco and New York in early 2019. Michael Beckerman, CEO, CREtech commented, “This partnership is yet another example of the incredible growth of our CREtech platform and the incredible talent that we are able to present to the entire ecosystem. I have long been an admirer…
Industry leaders always think forward. What innovations potentially will change our world forever? One place to find game-changing discoveries is the MIT Technology Review’s 10 Breakthrough Technologies. Since 2001, MIT has spotlighted advances it believes will reshape our lives for years to come. Four tech innovations highlighted in the 2018 edition have implications for the commercial real estate industry. #1- Artificial intelligence Has the shine worn off artificial intelligence’s novelty? Not according to MIT, which points out that AI tech hasn’t completely gone mainstream–yet. That’s about to change thanks to cloud-based AI technology. Google, Amazon, and Microsoft all working in…
Chris Dixon, arguably the most prominent venture capitalist focusing on blockchain, is friggin’ tall. Before sitting down with him inside the spa-like Silicon Valley offices of Andreessen Horowitz in August, I had talked to him a handful of times over the years, but always on the phone, so I didn’t exactly know about his height.
LOS ANGELES, Sept. 13, 2018 /PRNewswire/ -- Paragon, the leading blockchain technology platform focused on bringing transparency to the cannabis industry, announces the official opening of the first cannabis industry co-working space in Los Angeles, ParagonSpace. Located in the heart of Hollywood, between Sunset Boulevard and Tamarind Avenue (1461 Tamarind Ave.), ParagonSpace officially opened its doors in September 2018.
Coming off another successful recruiting for our 3rd Dreamit UrbanTech cohort, we had the pleasure to meet quite a few truly incredible startups. This piece is not about those startups. This is about the other ones, the startups that, like milk past its expiration date in a coworking space refrigerator, we’d really like to quietly disappear and be replaced with something fresher. So, after canvassing a few of my colleagues, I've compiled this list of startup pitches that, absent extenuating circumstances, we'd just as soon not see again. "It's a community portal for tenants" I live in Manhattan. I don't…
Voting Now Open for 5th Annual Real Estate Tech Awards (#RETAS) NEW YORK - (October 1, 2018) – CREtech, the leading event, content and connectivity platform for the commercial real estate tech sector, announced today that they are now accepting applications for the 5th Annual Real Estate Tech Awards (#RETAS). Backed by the leading VCs, Angel Investors, and Corporate Investors in the commercial real estate tech industry, the awards are open to any startup or technology company servicing the industry. The #RETAS are designed to determine the 2018 leaders in the commercial real estate technology sector in the following categories:…
New York, NY, October 10, 2018 –AnySizeDeals announced today that Seth Pinsky, Executive Vice President (EVP) at RXR Realty will be the headline speaker at the #ASDSummit on November 7th in New York City. The #ASDSummit is part of NYC Real Estate Tech Week in partnership with MetaProp NYC and MIPIM. The #ASDSummit will take place at SAP Next-Gen at 10 Hudson Yards from 8:30am to 12pm. Registrations are now open @ asdsummit.com. The conference theme this year is Opportunity Zones and their impact on real estate investments. As EVP, Mr. Pinsky is leading RXR’s effort to invest in “emerging opportunities”…
Isaacson, senior vice president with First American Title National Commercial Services, joins the most distinguished panel of commercial real estate tech investors and thought leaders to judge the 2018 Real Estate Tech Awards (#RETAS) as well as CREtech’s Leadership Board NEW YORK - (October 18, 2018) – CREtech, the leading event, content and connectivity platform for the commercial real estate tech sector, announced today that Linda Isaacson has been appointed to the 2018 Real Estate Tech Awards (#RETAS) review committee. Isaacson currently serves as senior vice president and the director of business intelligence, data & analytics for First American Title…
Call it a perfect data match. The office provider Knotel’s blockchain network, Baya, is forming an alliance with CompStak, the crowdsourcing leasing data company, to essentially create what they claim will be commercial real estate’s first Automated Valuation Model (AVM). This model will be able to tell users the critical question of net operating income of a property and how much it is worth.
From blockchain to the Internet of Things, technology might make commercial real estate investment and development easier.
The Innovation Exchange will feature 20+ of the leading commercial real estate retail tech companies and include live product demos and speaking sessions New York, NY (November 21, 2018) -- CREtech (CREtech.com), the leading event, content and connectivity platform for the commercial real estate tech sector, announced that it will partner with International Council of Shopping Centers (ICSC) to host the second-annual Innovation Exchange at ICSC’s New York Deal Making held at the Jacob K. Javits Convention Center on December 4 - 6. ICSC’s New York Deal Making is New York’s largest retail real estate event and attracts attendees and exhibitors from…
How will technology impact commercial brokerage now? Let’s talk about tech’s ultimate impact on the commercial brokerage sector. The first dialogue in this sector centered on how tech would replace the broker—42Floors was meant to upend commercial real estate. I knew it would never happen. Brokers were, and are, too entrenched. These decisions are simply too important to trust to a pure technology solution. But that doesn’t mean the industry will remain static. I knew it was a long shot, but at least 42Floors set out to challenge the industry norm. Knotel’s recent acquisition of 42Floors (and the sheer scope…
The Most Recognized Award for Industry Startups and Technology Companies New York, NY (December 10, 2018) — CREtech (cretech.com), the leading event, content and connectivity platform for the commercial real estate industry announced the winners of the 5th Annual Real Estate Tech Awards (#RETAS) at the CREtech New York Venture Conference on December 6. A distinguished group of leading VCs, Investors, industry thought leaders and corporate real estate executives were the judges for this annual awards competition, considered the most coveted in the industry. The 2018 #RETAS were open to any startup or technology company servicing the commercial real estate…
Abstract Tokenization is a financial technology company developing a comprehensive Tokenization as a Service (TaaS) primary issuance platform for commercial real estate sponsors & investors that operates with smart contracts & distributed ledger blockchain technology. Tokenization converts illiquid private securities into tradable security tokens, also referred to as digital securities, that provide investors access to an advantageous digital ownership structure with a number of benefits over traditional securities. Our team at CREtech recently caught up with Gaan to learn more about his site, strategy and vision. CREtech: What does Abstract Tokenization do? Tegan Gaan: Abstract's tokenization and funding platform will help automate…
CHICAGO, Jan. 24, 2019—Moderne Ventures, a venture investment fund, announced today the eight new companies accepted into its 2019 Moderne Passport Program, an intensive 7-month industry immersion program where companies receive strategic guidance, participate in over 100 one-on-one mentor meetings with senior executive leaders and administer pilots with corporations in the Moderne Network. The 2019 Passport Class companies are marketplaces, services and solutions that are using technologies, like blockchain and artificial intelligence, to help progress 100+ year old industries. This class has collectively raised over $150M in funding with collective valuations north of $700M. The new companies are:
NEW YORK, Jan. 25, 2019 /PRNewswire/ -- RealBlocks, the technology platform powered by the blockchain that allows for seamless fundraising and investing in real estate, announces that it has closed a $3.1M seed round led by Science Inc. with participation from Morgan Creek Digital, Zelkova Ventures, Ulu Ventures, and Cross Culture Ventures. The RealBlocks solution democratizes access to private equity by tokenizing shares of some of the best funds in the world. By using a proprietary blockchain-based subscription process, RealBlocks enables tremendous efficiency and access allowing investors worldwide to directly purchase micro-shares in funds using either fiat currency (i.e. USD) or…
Given our background as both real estate and venture capital investors, the topic of real estate tokenization is almost unavoidable. As one of the hottest (and most controversial) trends in PropTech today, we are constantly asked for our thoughts and viewpoints on the space. We conducted a “deep dive” and were excited to meet with talented and ambitious entrepreneurs going after a massive market opportunity. We were relatively well informed of the potential benefits of tokenization (democratization, liquidity, blockchain efficiencies, etc.), and were pleasantly surprised to learn of the multiple properties that had already been “tokenized.” The promise of a…
The Future of Office Space As A Service It was less than 10 years ago when “shared- office space” was a dirty word. If you didn’t have your own lease, you wouldn’t dare risk telling clients as they would question your legitimacy of being a real business. Then came WeWork. Today, coworking has transcended the generational divide and stigma of what it means to be in business. Once thought of as only for nomadic freelancers, coworking has become big business attracting some of the largest real estate companies. Coworking spaces—also known as flexible workspaces—are proliferating across the country at a…
With autonomous vehicles already debuting on our roads and in our airspace, you’ve probably grown accustomed to the idea of a new future for mobility. But what you may not have wrapped your head around yet is that these vehicles could create a whole new marketplace that makes transportation safer, greener, and more efficient. Mobility Open Blockchain Initiative (MOBI), a nonprofit consortium that counts the majority of the world’s large automakers as members, including BMW, GM, and Ford, as well as The World Economic Forum, Bosch, Denso, IBM, and Accenture, kicked off a three year “Grand Challenge” fueled by over…
SEOUL, South Korea, March 13, 2019 /PRNewswire/ -- Hdac Technology, a blockchain technology company, founded by Hyundai BS&C CEO Dae Sun Chung in October 2017, held a press conference on March 13 at Grand InterContinental Seoul Parnas, to present future business strategy and technology development roadmap. Hdac Technology is a tech company under blockchain project 'Hdac'. Hdac is a hybrid blockchain platform integrating public and private blockchains and is designed as enterprise architecture to process diverse needs in the industry.
Guest post by Bhaskar Maddala, Vice President of Engineering, Reonomy The digital revolution has disrupted a myriad of industries, and commercial real estate (CRE) is certainly no exception. In the last few years, property technology, or PropTech, has transformed the market considerably, reimagining the way companies and consumers conduct business. Data standardization, however, remains static. Though the industry is allegedly keen on data and analytics, CRE has yet to adopt a single, uniform method of asset identification. Since joining Reonomy, I’ve heard countless lamentations from commercial real estate professionals who struggle time and time again to find valid property information.…
If time is money, then blockchain is gold. But when you talk to landlords and real estate professionals about blockchain’s potential impact on their business, many have no idea what it is, some don’t care, and others simply don’t understand its practical use. Across all industries, blockchain is making its mark. “According to a 2015 World Economic Forum survey of 800 executives and information and communications technology sector experts, 57.9 percent of the respondents believe that 10 percent of the global GDP information will be stored on blockchain technology by 2025.” But how does all this impact landlords? How can…
BRIKCOIN is a UK based private real estate development company that is tokenizing their affordable housing developments and allowing anyone from around the world to invest in their properties through their website. The company was founded by two UK property industry veterans and supported by blockchain and marketing experts. The company has an innovative financing model where they build affordable housing properties in partnership with local housing councils in the UK and with financing from Tier I property financiers. So, the housing is delivered to the council with no upfront costs on a 50-year lease that BRIKCOIN then sells to…
Facebook’s long-awaited crypto-anchored financial marketplace may emerge as a game-changer for real estate when it debuts next year. The platform, powered by blockchain, could allow tenants to send the rent with a click of a button, and buyers and sellers to complete multi-million-dollar transactions in real-time.
Propy, a blockchain based real estate platform, announced the sale of a $1.6 million San Francisco property owned by the venture capital fund CrunchFund, co-founded by Michael Arrington. The announcement follows news of Propy’s highest cost transaction to date, a $2.4 million duplex in San Francisco, completed entirely on the platform. Propy is a real-estate transaction platform that empowers buyers, sellers, their agents, and escrow agents to close a traditional real estate deal entirely online. The purchase offer, payment and deeds are uploaded to an immutable blockchain.
Group Represents Most Distinguished Leaders in Commercial Real Estate Tech Sector New York, NY (June 26, 2019) — CREtech (cretech.com), the leading event, content and connectivity platform for the commercial real estate technology industry has announced 99 new additions to its Leadership Board, the most prestigious group of commercial real estate executives in the world. The Leadership Board provides CREtech with invaluable insights on macro trends in the growing commercial real estate tech sector as well as input on the most relevant themes for its industry-leading conferences. “Our Leadership Board is one of the most important ways that our CREtech…
SINGAPORE, July 29, 2019 /PRNewswire/ -- In mid of July, Hyperion, as the largest map blockchain, officially announced to launch Titan Map Store -- a decentralized map data layer service. Via the map store, users can access various open-source map layers for a more convenient and personalized routine planning. For example, when someone needs to check nearby U.S. Embassy or Consulate location, they can view the location details through the Embassy and Consulate map layer. In the meantime, map store circulates the value generated by Hyperion decentralized MapChain to sustain the decentralized map community.