Latest Trends and Insights in Real Estate Technology

Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.

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  • Tech set to disrupt the construction industry

    JLL

    The construction industry continues to tackle the challenges of rising construction materials costs, a skilled labor shortage and overall lack of productivity improvements, offering an expansive opportunity for disruption. Which means there’s a new darling for venture capitalists as they funnel an unprecedented amount of capital into Construction Technology. A massive amount–$1.05 Billion—that’s the record number venture capitalists invested in global construction technology (ConTech) startup…

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  • Fundrise launches $500M Opportunity Zones fund

    THE REAL DEAL

    A crowdfunding startup is launching a $500 million investment fund to focus on developments in distressed areas that the federal government has made eligible for generous tax break. Washington, D.C.-based Fundrise plans to start its Fundrise Opportunity Fund next week. It wants to raise its target amount by the end of 2019, according to Bloomberg. The company specializes in small investments, with the minimum investment for the fund set at $10,000….

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  • Swivel Raises $4.75 Million Seed Round Led by First Round Capital

    SWIVEL

    AUSTIN, Texas, July. 18, 2018 —Swivel, a new online service where fast-growing companies can find and design their own plug-and-play workspace and pay for it on flexible terms, has raised a $4.75 Million seed round led by First Round Capital and from other leading firms including Fuel Capital, Correlation Ventures, Great Oaks Venture Capital, Hack VC, Capital Factory and Abstract Ventures. Existing investors Floodgate and Next Coast Ventures also participated in this round. The company will use…

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  • Midwest rising Midwestern success stories show that innovation ecosystems are taking root in the heartland

    TECH CRUNCH

    Update: This post has been updated to indicate that Edison Partners is close to closing on its ninth fund with at least $300 million. Emerging venture capital firms in smaller American cities from Indianapolis to Princeton, NJ are attracting increasingly larger funding as investors see opportunities for returns beyond the coastal confines of the nation’s largest cities and the innovation epicenter of Silicon Valley. For the last four years, AOL co-founder Steve Case has been criss-crossing…

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  • 3 Ways Smart Home Technology Has Come to Commercial Real Estate

    CRETech

    Smart devices like the Echo and Alexa have only increased the demand for more Smart tech in the home. Now that so many adults are opting to rent, this is having a huge effect on multifamily buildings. Beyond HVAC control and Smart security, tenants want Smart appliances, and Smart entry. Apartment builders aren’t the only ones. Smart home technology has come to every sector of commercial real estate in these 3 ways: #1: Smart Cost Savings Smart home technology initially centered on wowing …

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  • WeWork takes 6 floors at Moinian’s 450 PAS

    THE REAL DEAL

    WeWork is taking six floors at the Moinian Group’s 450-460 Park Avenue South in Murray Hill. The co-working firm signed a lease for approximately 50,000 square feet, a source told The Real Deal. That accounts for half of the 12-story building, which Joseph Moinian bought in 1982. In a previous interview, he described the property as his first “serious office building.” Its current tenant roster includes tech company ShopKeep and co-working space provider Work Better. The transaction adds to We…

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  • Airbnb Can’t Win New York – But it Can’t Quit Either

    WIRED

    ANYONE WHO HAS been paying attention to the escalating showdown between Airbnb and New York City’s hotel industry will not be surprised that the $31 billion startup just lost, handily. This afternoon, the New York City Council passed a bill that will force Airbnb to provide the Mayor’s Office of Special Enforcement with the names and addresses of its hosts. Other cities have passed similar laws, resulting in precipitous declines in listings. Because New York has strict laws about the homes…

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  • Open office plans are as bad as you thought

    THE WASHINGTON POST

    A cubicle-free workplace without private offices is supposed to force employees to collaborate. To have them talk more face-to-face. To get them off instant messenger and spontaneously brainstroming about new ideas. But a recent study by two researchers offers evidence to support what many people who work in open offices already know: It doesn’t really work that way. The noise causes people to put on headphones and tune out. The lack of privacy prompts others to work from home when they can. An…

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  • Solution Series – Sax Technology Advisors

    SAX TECHNOLOGY

    Launched by accounting, tax and advisory leader Sax LLP, Sax Technology Advisors provides sophisticated solutions and expertise to protect organizations from threats while ensuring they are fully functional and productive at all times.

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  • Pix, CREtech Partner for Groundbreaking Virtual Reality Survey

    REALNEX

    All real estate professionals invited to participate in measuring how virtual reality is disrupting real estate (New York, NY – July 10, 2018) — Pix, a virtual reality (“VR”) company, in partnership with CREtech is hosting a survey about the state of VR in real estate. The survey, open to all real estate professionals, will shed light on how VR technology is transforming the industry. Multiple studies have shown that over 75% of the world’s population cannot look at a 2D drawing and form …

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