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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  • Q&A with CREtech’s Michael Beckerman: Proptech is Now a “Must Have”

    Connect Media

    When we started Connect seven years ago, we realized that we couldn’t just be a news organization. Informing the industry was important, but showing the experience and intelligence behind the deal was just as important. Taking commercial real estate digital took on a whole new meaning. As the proptech world was growing, people realized that new technologies were exciting, but they also had to look at their own homes first, which was a basic website, social media and messaging; most didn’t even h…

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  • How rental kitchen startup Karma Kitchen raised £252m when it set out to raise £3m

    Sifted

    Karma Kitchen, the London-based kitchen space startup, has raised £252m in a Series A funding round to open dozens of new sites across Europe. “People think it’s a typo,” laughs Eccie Newton, cofounder of Karma Kitchen, who currently operates one kitchen site, has a five-person team and had initially set out to raise £3m. “It’s not a typo.”

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  • Stores Are Being Reborn—as Warehouses

    Wall Street Journal

    When Litisha Thomas heard through the gossip mill that the shuttered Sam’s Club where she’d worked for 11 years might be reopening in her rural North Carolina hamlet, she immediately jumped on an internet job board to see if it was hiring. It was, but this wasn’t a conventional reopening.

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  • Jared Kushner decides not to divest from real estate tech start-up

    CNBC

    President Donald Trump’s son-in-law and senior advisor has decided to remain an investor for the time being in real estate tech start-up Cadre, which he co-founded. Jared Kushner made the decision as part of a private agreement he made with the company, according to people with direct knowledge of the matter. Kushner and the company put the divestiture on hold with the understanding that while he remains an investor, Cadre will not seek out foreign investors, these people said.

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  • The Future of the Office

    CBRE

    CBRE Research recently conducted a survey of 126 senior-level global real estate executives to determine how the COVID-19 pandemic will change the location, design and use of office space. The survey findings—the first in a series—will help occupiers and investors identify evolving workplace trends and how sentiment toward office environments changes over time.

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  • Airbnb Navigates IPO Path as Short-Term Rental Market Crumbles

    The Real Deal

    On the heels of a $160 million funding round led by Airbnb, the short-term rental startup was plotting a massive expansion in the spring of 2019. … As of 2018, the global market value of the short-term rental industry was estimated at $169 billion, according to a Skift research report. …

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  • Cohesion Raises $6.5M to Give Your Office a Mind of Its Own

    Built in Chi

    A building should run like an autonomous car, according to Thru Shivakumar. On Thursday, Cohesion, Shivakumar’s smart building startup, announced it received a cash advance of its own. The Chicago company has raised $6.5 million in seed funding, which it plans to spend on new tech features, an expansion into Asia and a hiring spree. The 11-person company plans to double in size by the end of the year, hiring on product developers, software engineers, marketers and more. Illinois’ richest man, Ci…

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  • The pandemic has shown us what the future of architecture could be

    Washington Post

    Some thinkers were making big connections (one architect offered “a new design model [that] can curb the environmental destruction that …

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  • Startup Knock Pivots to Lending, Working with Agents

    CREtech

    Knock, a home-buying startup, is switching to bridge loans and working with agents, rather than directly with consumers. The company, which offers a platform for consumers who want to buy and sell homes at the same time, will now offer mortgage, bridge-loan and concierge services, Inman reported.

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  • Serendipity Labs And JLL Partner For UK Expansion

    allwork

    Hospitality-focused coworking operator Serendipity Labs has joined forces with JLL to help expand to 20 new locations in the UK over the next two years. This news follows the company’s partnership with Newable to open and operate 25 locations across the UK. “Our relationship with JLL in the US is innovative, profitable and extremely valuable and we are excited to continue that excellent relationship here in the UK,” said John Arenas, chairman and CEO of Serendipity Labs. “By teaming with NewFlex…

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