Latest Trends and Insights in Real Estate Technology

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  • Exclusive Q&A with #RETAS Sponsor Mike Mullin, President of Integrated Business Systems

    CRETECH

    EXCLUSIVE Q&A WITH #RETAS SPONSOR MIKE MULLIN, INTEGRATED BUSINESS SYSTEMS PRESIDENTCan you describe your site?A boutique and customer service-focused CRE technology solutions firm founded in 1979, IBS builds and supports high-quality property management/accounting software for commercial and multifamily real estate owners, operators and associations. Imperium Powered by Acumatica, IBS’s cloud based system introduced in 2016.What problems are you solving for real estate professionals?Imperiu…

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  • Gridics Raises $1.6 Million to Expand Zonar.City

    Gridics

    MIAMI, Nov. 7, 2017 /PRNewswire/ — Gridics, a Miami-based real estate software company, announced it has raised $1.6 million in additional Seed capital.  The round was led by BH3, a real estate developer with projects in South Florida and New York City, and Dune Road Capital.  The company will use this investment to accelerate development and sales of the Zonar.City platform to cities and real estate developers. Gridics was founded on a vision to revolutionize the way cities and real estate dev…

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  • Reonomy Goes National

    CRETECH

    Reonomy, the data platform that helps real estate investors find their next deal, launched three years ago in New York. Now, after more than 18 months of research and development, the platform goes national. The company raised more than $22 million from investors such as Bain Capital and SoftBank Capital.How to take on the challenge of a national platform (when New York is complicated enough)? CEO Richard Sarkis told Forbes, “We began curating a best-in-class network of data vendors who could as…

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  • THIS IS HOW THE MILLENNIALS WILL CHANGE THE COMMERCIAL REAL ESTATE INDUSTRY

    Michael Beckerman

    I am a big fan of Anthony Dominguez, AtlasX CEO. He is exactly the type of entrepreneur that we need to be attracting and investing in within the commercial real estate sector. He spent his career in commercial real estate and then saw a big opportunity on the tech side and made the leap. We need more people thinking and acting like that! One of the few things I know for sure is that the CRE tech sector will NOT be led by people coming in from outside of the industry, but by people from withi…

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  • Is Cleveland a model for med-tech success in Rochester?

    Minnesota Public Radio

    Is Cleveland a model for med-tech success in Rochester? Business Catharine Richert · Cleveland, Ohio · Nov 9, 2017 A view of downtown Cleveland on July 8, 2014. Jeff Swensen | Getty Images 2014 Hungry to launch his medical technology firm, Jake Orville first needed a city with the research brainpower he'd require and the workers and workspace he could afford. Cleveland was not the sexy answer a decade ago, but it turned out to be the right one. At Cleveland Clinic, the city's world-cla…

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  • Does WeWork’s Valuation Signal a Coming Tech Bubble?

    NREI – National

    Valuations for tech and sharing-economy companies like WeWork are highly inflated compared to traditional companies with similar revenue. Speaking at Urban Land Institute’s fall meeting in October, CoStar Managing Director of Portfolio Strategy Hans Nordby suggested that a tech bubble may be on the horizon. Explaining his comment to NREI, Norby points out that similar to what happened during the 1999 dot-com bust, valuations for tech and sharing-economy companies like WeWork are highly inflated …

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  • The New York City offices of PayPal and Venmo have candy drawers, Taco Tuesdays, and a conference room so cushy that employees take off their shoes

    Business Insider – Tech

    • PayPal recently expanded its Manhattan office. • The online payments system shares the space with Venmo, which it acquired in 2013. • Business Insider stopped by the office to check out the space and perks. PayPal is in a good place, right now. Markets Insider reported its latest earnings report sent its stock price up by 6.04%. Meanwhile, its total number of active users has surpassed 210 million people around the globe. At the same time, the San Jose-based company is doubling the size of its…

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  • Airbnb’s new partnership aims to open more doors for renters

    Albuquerque Business First – Local Albuquerque News

    Airbnb has a new partnership that aims to make the home-sharing rental market more appealing to landlords. The San Francisco-based renting giant announced a partnership with Pillow, a San Francisco-based short-term rental management company. Pillow provides security, payments, monitoring, property management tools and controls, among other things, especially for apartments or multiple-unit properties. Pillow was created in 2013 and has raised about $18 million from investors, according to a rele…

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  • Tech exec to lead indie brokerage The Group Inc. into the future

    Phoenix Association of Realtors

    Over 40 years after co-founding independent Northern Colorado brokerage The Group Inc. with 11 other real estate professionals, Larry Kendall is moving on and handing over the reins to new leadership … Inman

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  • Uber plans to test a flying taxi service in LA

    Curbed – Los Angeles

    It could be up and running by 2020 Not content to flood city streets with self-driving vehicles, tech company Uber is now looking to the sky as well. The company announced Wednesday that it will partner with NASA on a new flying taxi service, and that Los Angeles will be one of the first testing grounds. In an interview with Bloomberg, Uber Chief Product Officer Jeff Holden said that testing for the program, called UberAir, would begin in 2020, with short flights of around 25 miles. According to…

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