Tomo digital mortgage startup enters Texas, Washington markets
The Real Deal
Digital mortgage company Tomo entered the Dallas, Houston and Seattle markets today, aiming to help homebuyers compete with larger investors.
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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Report: Store closures decline for the first time in 2021
Retail Dive
For the first time in 2021, store closures have declined year over year, according to an emailed report from Coresight Research. The firm tracked 4,626 closures so far this year, 5.7% fewer than last year at this time. Leading retailers in closures so far is Christopher & Banks, which liquidated its physical footprint in bankruptcy this year. Another recent retail bankruptcy, Francesca’s, closed 342 stores, a significant chunk of its footprint….
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Virtual CRE Tours, After Mass Adoption, Face Fight For Relevance Post-Covid
Bisnow
When the coronavirus restrictions froze almost every aspect of dealmaking — from travel to in-person tours — the real estate industry scrambled to find alternatives to keep business going. Many of those alternatives came in the form of advanced technology, with developers, property managers and proptech firms alike plowing time and money into creating new technologies to allow clients to keep looking at assets to buy and space to rent….
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The Definitive Guide to Commercial Real Estate Risk Management
EMBROKER
Even in times when the real estate market is healthy and thriving, there are still a plethora of risks that making a career out of real estate entails. As a commercial real estate professional, you need to not only make sure that your property is protected, you also need to worry about interactions with clients, employees, tenants, investors, and a variety of other parties involved in your operations. With so many moving parts involved in nearly every aspect of purchasing, selling, and rentin…
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WATCH NOW: What’s Next in Construction Tech, Part 1
CREtech+
Justin Saeheng, Head of Construction Technology at Stanley X discusses the three categories of technology solutions most important to Stanley Black and Decker.
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Former Ellie Mae VP joins Notarize as GM
HousingWire
Former Ellie Mae vice president Terri Davis has joined Notarize as general manager for its real estate-related business. Davis has worked in digital real estate for more than 20 years, holding positions at Fannie Mae, Ellie Mae, and PMI, to name a few. At Ellie Mae – now ICE Mortgage Technology — she held positions such as vice president of sales and client management, vice president of enterprise accounts, and general manager of the AllRegs platform….
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Logistics automation becoming ‘more viable’ after Covid
PlaceTech
The growing emergence of flexible, intelligent robots is finally making automation in logistics viable, Pi Labs has said after investing an undisclosed amount in Europe’s largest robotics marketplace platform.
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Shopping spree widens for Silicon Valley buildings in tech hotbeds
The Mercury News
SAN JOSE — A shopping spree for Silicon Valley buildings in tech hotbeds has widened with the purchase of a San Jose building leased to a telecommunications equipment maker. Peninsula Land & Capital has spent $165 million in recent days, including the real estate firm’s most recent building purchase in north San Jose, according to documents filed with officials in Santa Clara County and Alameda County.
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The World Gets Its First Rated Smart Building, And It’s Probably Not Where You Think
Bisnow
An office building in a small city in England is the first in the world to be given a rating classifying just how smart it is. The 200K SF EQ office development in Bristol, in the south west of the UK, is the first building in the world to be given a SmartScore certification by WiredScore, the building rating and certification company. The building is managed by developer and investment manager CEG and achieved a SmartScore gold rating….
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Uber is the latest tech company to rethink its return-to-office plans
CNN
San Francisco (CNN Business)Less than three months after announcing that its employees would be required to come back to the office at least three days a week, Uber is backtracking. The ride-hailing company will give its global office workers the option to apply for fully remote work or choose from a list of other offices instead of their pre-pandemic location, the company’s chief people officer, Nikki Krishnamurthy, said in a blog post Tuesday….
