Latest Trends and Insights in Real Estate Technology

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  • Exclusive Interview with Apto, a Better Way to Broker

    CRETech

    Apto is the only web-based CRE software for managing contacts, properties, listings, and deals—anywhere, from any device. Whether you’re a landlord rep, a tenant rep, an investment sales specialist, or a generalist, Apto’s award-winning software will help you win business and close deals. And with the launch of Prospect & Nurture and Deals, it’s easier than ever to act on the information in your CRM to strengthen your relationships and grow your business. Our team at CREtech recently caug…

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  • CBRE Pays $290M For Facilities Management Provider FacilitySource

    BISNOW

    FacilitySource started out as a software company in 2005, but after Warburg Pincus bought it, the company began managing service providers for landlords, particularly in the retail sector. According to CBRE, the deal will help it build a tech-enabled supply chain capability. Namely, the buyer is getting its hands on FacilitySource’s proprietary service as a software technology platform, along with its FS Elite vendor development program and a dedicated 24/7 operations support center. Facil…

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  • My Five Takeaways From ICSC RECon

    CRETech

    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 (C…

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  • Here’s how New York might change StreetEasy’s Premier Agent

    The Real Deal

    DOS considering new guidance that would impact all real estate advertising online What will StreetEasy’s lucrative Premier Agent program look like after New York State regulators issue their final guidance for agent advertising online? An interim opinion letter dated April 2 suggests the platform could be required to add a series of disclosures that would tell prospective buyers – unequivocally – that they are not being connected to the listing agent. In the three-page letter, reviewed …

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  • The Coldwell Banker Brand Rolls Out CBx Seller Leads; Using Big Data And Machine Learning To Uncover Hidden Inventory

    Realogy

    The latest addition to the CBx Technology Suite uses big data and machine learning to predict which households are most likely to move MADISON, N.J. (June 4, 2018) – CBx Seller Leads leverages the power of big data and machine learning to give Coldwell Banker® affiliated agents an unbeatable edge for generating inventory. The tool utilizes predictive analytics, running on data from previous sales and publicly available demographic information, to identify households that are likely to list – be…

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  • Why Microsoft wants to put data centers at the bottom of the ocean

    TechCrunch

    Earlier this week, Microsoft announced the second phase of Project Natick, a research experiment that aims to understand the benefits and challenges of deploying large-scale data centers under water. In this second phase, the team sank a tank the size of a shipping container with numerous server racks off the coast of the Orkney islands and plans to keep it there for a few years to see if this is a viable way of deploying data centers in the future. Computers and water famously don’t mix, as…

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  • Breather raises $45M from Menlo Ventures-led group

    The Real Deal

    Short-term private space rental company Breather raised $45 million in a new funding round. Menlo Ventures, which also led the company’s $40 million Series C round in 2016, led the latest round. Pension fund manager and Ivanhoe Cambridge parent Casse de Depot et Placement du Quebec also invested along with Ascendas-Singbridge and Temasek, according to a release. Breather’s recent funding rounds raised a combined $118 million. The Montreal-based company led by Julien Smith rents rooms in co…

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  • 12 Trends Shaping the Commercial Real Estate Tech Industry in 2018 and Beyond

    CRETech

    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 comm…

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  • Office Owners Elevate Their Amenity Game

    Commercial Property Executive

    Just as corporations are competing in the war for talent, office owners are striving to attract top-quality tenants by bringing hospitality-like amenities and services to their buildings. Amenities have been critical to the hospitality sector for decades, with hotel owners often having only one night to impress their guests and maintain a good reputation. But as technology has advanced to offer consumers constant connectivity and mobility, the office sector has had to boost its offerings, as …

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  • 5 Types of Real Estate that Tech Will Make Obsolete

    CRETech

    In Texas, they’re experimenting with the first Hyperloop “railway” which has the potential to eliminate the need for highways in the future – granted a far off future from today. But if it works at 620 mph (faster than the fastest high speed trains) from Dallas to Houston in less than a half an hour, we could definitely see it replacing air travel and eliminating much of the highway congestion plaguing nearly all 50 states. While a future that looks more like the future in sci-fi movies with …

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