Latest Trends and Insights in Real Estate Technology

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  • NYC’s Amazon HQ2 bid names Midtown West, Long Island City as possible sites

    Curbed – New York

    It’s official: the New York City Economic Development Corporation announced that the city has submitted a bid for Amazon’s HQ2, naming four different neighborhoods as having the potential to accommodate the Seattle tech megacompany’s second North American headquarters. The release coincided with NYC landmarks, including the Empire State Building and One World Trade Center, being lit “Amazon Orange” in celebration of the bid. The neighborhoods named in the city’s proposal will likely come as no s…

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  • Opendoor’s buying homes at a rate of $100M per month

    Inman News – Features

    Opendoor, a three-year-old San Francisco startup that uses technology to quickly buy and resell homes, reports that it's reached a $1.3 billion annual purchase rate, which rounds out monthly home purchases at about $100 million. "It really shows that this new behavior of selling your home online is more mainstream than it seemed," Opendoor CEO Eric Wu told Axios. Although the business is growing in popularity with firm footholds in Phoenix and Dallas-Fort Worth, a smaller operatio…

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  • Self-Driving Cars Take On Manhattan; iPhone8 and Pixel 2 Cameras Battle It Out, and More

    Phoenix Association of Realtors

    Manhattan traffic. Four-season weather. Tests of self-driving cars are about to get really real. If you're the kind of phone owner who cares about the camera on your phone more than any of its other features, you'll like reading this Battle of the iPhone 8 vs. Pixel 2 cameras. Got some smart home tech and want to make things work together? Check out this introduction to IFTTT. Sounds crazy enough to be real: workers in certain professions and those undergoing certain medical treatments…

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  • 6 Wacky Ways Cities Are Trying to Win Amazon’s New Headquarters

    The Curious Capitalist – Time

    BusinessSearchSearchSign InolympicsWho Is Larry Nassar, the Former USA Gymnastics Doctor McKayla Maroney Accused of Sexual Abuse?CanadaWatch Justin Trudeau Break Down Remembering Gord Downie: 'Gord Was My Friend'COMPARECARDSSPONSOREDHolidays7 Questions You Were Too Embarrassed to Ask About HalloweenAmazon's corporate headquarters in Seattle, Washington.  David Ryder—Getty ImagesAmazon6 Wacky Ways Cities Are Trying to Win Amazon's New HeadquartersKaty Steinmetz4:40 PM ETWhen A…

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  • CBRE Group snaps up tech-focused San Francisco brokerage

    BizJournal – Commercial Real Estate

    By Blanca Torres  –  Reporter, San Francisco Business Times With a star-studded roster of technology clients, San Francisco-based Custom Spaces sold itself to CBRE Group Inc. (NYSE:CBG), the Los Angeles commercial real estate behemoth. Terms of the deal weren't disclosed.   Jenny Haeg founded Custom Spaces in 2011 and established a niche representing tech tenants including Airbnb, Cruise Automation, Medium, Twitter, Uber and Dropbox. The firm has worked with tech companies in the Bay Area a…

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  • The Fundrise Internet Public Offering Opens Doors — and Windows of Opportunity

    CRETECH

    Earlier this year, Fundrise, the original real estate crowdfunding platform, raised over $14 million in an online equity offering to its investors. This exclusive offering became oversubscribed by as much as 146% within 24 hours of becoming available. More than 2300 investors participated in the iPO.The difference between the original Fundrise (2012) and the 2017 Fundrise (and beyond): investors have a chance to directly purchase an ownership stake in Fundrise itself, not just in a real estate i…

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  • CoStar – LoopNet Integration is Here (and What it Means)

    CRE Outsider

    CoStar – LoopNet Integration is Here (and What it Means) October 18, 2017 By Chris Clark Leave a Comment If you read their PR and info sheets on the CoStar/LoopNet database integration – or “enhancements” as they like to call them – you’ll find CoStar didn’t do a great job explaining things. In their zeal to convince you that this is the best thing that ever happened to you, they left out a lot of the nitty-gritty agents and brokerages need to know.  Luckily, I had the chance to talk with them a…

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  • Predictive analytics preferred over realty AI, says survey

    Boston Agent Magazine

    According to a recent survey from Imprev Thought Leadership, two out of three real estate executives favor newer technology such as Predictive Analytics, Marketing Automation, and Big Data for future business, while less than half are willing to invest in tech like Augmented Realty, Virtual Realty 3D tours, and Artificial Intelligence. The survey, which asked participants to predict what the real estate market will look like in 2022 and how it'll affect business, found that participants hav…

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  • CRE // Tech Releases 2017 Mid-Year Report

    CRE // Tech

    CRE // Tech Releases 2017 Mid-Year Report Report features research, analysis and commercial real estate tech company profiles New York, NY (October 18, 2017)–   CRE // Tech announced today that the 2017 CRE // Tech Mid-Year Report is now available for free download. This bi-annual report is considered one of the most important analysis of the commercial real estate tech sector and provides a detailed analysis of the sector’s overall trends as well as includes a comprehensive listing of the indu…

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  • Disrupting CRE – It’s A Matter of Trust

    CRE Outsider

    Disrupting CRE – It’s A Matter of Trust October 18, 2017 By Chris Clark 8 Comments Innovation and disruption are studied a lot these days as everyone tries to identify industries ripe for disruption and figure out  exactly how to disrupt them. One way to do that is to reverse engineer disrupting companies to create a blueprint of sorts to help innovative types find a path for disruption. As I was reading about some of these theories on Stratechery.com (excellent site, btw) I couldn’t help but th…

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