The power of changing your perspective at work
Michael Beckerman
Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Michael Beckerman
CRETECH
Second Century Ventures, the strategic investment arm for The National Association of Realtors® has recently announced the seven organizations selected to participate in the 2015 REeach® class. The real estate class serves as a growth technology accelerator program. According to the National Association of Realtors, the Reach program is unique from other types of accelerators in that it provides a focus specifically for real estate and related industries. The seven companies selected to particip…
Bisnow
In Los Angeles, WeWork’s more than 12,000 members across 16 locations generate $4.4B in gross domestic product, nearly 1% of the county’s annual output, and contribute a portion of the $93M in personal and business taxes collected in California, according to an economic study released Wednesday.
CRETECH
While Santa Clara County, California may hold the top spot for best performing city for high-tech employment, according to the Milken Institute, smaller cities are also vying for top contender rights. Among them is Bloomington, Indiana, which currently occupies the number spot for small cities on Milken Institute’s index. The tech sector in Bloomington is on the rise as the city continues to gain visibility. With the growth of the tech sector comes an expansion in the commercial real estate sect…
Michael Beckerman
CRETECH
Technology is no longer just a vision of the future for selling real estate; it is now a reality. An increasing number of real estate professionals are now making use of tech features such as FaceTime to send property images to prospective buyers. Time is often of the essence in many real estate transactions, particularly those in which the property in question is marketed to international buyers. When that is the case, buyers are often not able to travel quickly enough to see a prospective prop…
CRETECH
Patch of Land, the Los Angeles-based real estate crowdfunding platform has recently announced the completion of a $23.6 million round of Series A funding. Leading the round of funding was SF Capital Group. The firm has previously issued approximately $17 million for funding of short-term commercial real estate loans. Patch of Land now has its sights set on institutional lenders. Patch of Land’s Track Record for Success Currently, the firm reports generating annual returns of up to 18 percent. Su…
CRETECH
In a world demanding ever-greater transparency, property investment remains incredibly opaque. On a daily basis, investors, banks, institutional investors, pension funds, consultants, governments, law enforcement and regulatory bodies make key decisions about property investments and developments based on partial and inconsistent information. Yet they need to understand, assess and minimize the risks involved and analyze the short, medium and longer-term market potential. These decisions have a…
CRETECH
Analytics is not new to the world of commercial real estate, but new startups are rapidly changing how CRE professionals approach business. Among those firms is Megalytics. The tech startup was recently chosen as one of five companies to participate in the Elmspring Session 2.0 accelerator. Since then, Megalytics has completed its beta testing phase and has now gone live. With that launch, institutional real estate clients are now able to take advantage of a real time risk assessment and due dil…
Michael Beckerman
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