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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  • Knotel’s 2019 Financials Show $223 Million in Losses

    The Real Deal

    Flexible-office provider Knotel lost $223 million last year — even before coronavirus flipped the office market on its head. Company financials, obtained by Business Insider, reveal the startup lost $49 million during the first quarter, ending the period with $36 million in cash on hand. At the time, it reported total assets of $110 million, less than half its total liabilities of $238 million, including $84 million in accounts payable.

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  • Proxyclick Launches Touchless Check-in to Help Enterprises Create a Safe and Secure Workplace Post-COVID-19

    PR Newswire

    Proxyclick, the leading global provider of enterprise visitor management software, today launched “Touchless Check-in” to provide enterprises with a contactless check-in solution at the front desk for every step of the visitor journey. “Visibility into who is entering or leaving your premises has become more critical than ever during this global crisis,” said Gregory Blondeau, Founder and CEO of Proxyclick. “Companies are realizing that understanding who’s potentially come into contact with the …

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  • WATCH NOW: Scott Rechler, Leadership During and Post COVID-19

    CBRE

    As part of the CBRE Virtual Lunch & Learn Series, hear from Scott Rechler, CEO and Chairman of RXR Realty on Leadership During and Post COVID-19.

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  • The Five Levels of Remote Work — and why you’re probably at Level 2

    Medium

    COVID-19 has forced companies the world over to enact — or create — remote working protocols. The likes of Box, Amazon, Airbnb, Facebook, Google and Microsoft have all told their employees some variation of “work from home”. But so too are more traditional organisations across fields such as real estate, accounting and local government.

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  • JLL names chief data officer

    PlaceTech.

    The global real estate adviser has added to its fledgling JLL Technologies division created last autumn with the hire of Yao Morin in the new role. Morin, based in San Francisco, will lead JLL’s global data strategy, product roadmap and delivery. JLL Technologies is a division of JLL unifying the company’s technology, businesses, services and applications.

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  • COVID-19 Acts as Catalyst to Propel Self-Serve Solutions

    GlobeSt

    he COVID-19 pandemic continues to drive an increase contactless solutions throughout the industry. As many states phase out of shelter-in-place restrictions, companies are increasingly shifting to the ‘new normal’ through innovative, implemented practices.

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  • Compass’ hunt for a securities attorney reignites talk of IPO

    The Real Deal

    Compass is beefing up its in-house legal team and seeking expertise a public company would require. A new job posting reveals that the brokerage is seeking a securities lawyer who specializes in meeting U.S. Securities and Exchange Commission and stock exchange reporting and compliance requirements, Inman reported.

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  • In Case You Missed it, Read the Highlights from CREtech Talks: Emerging Trends in Construction Technology

    Lauren

    The construction tech sector has been on a rapid path of growth over the past several years. The biggest challenge the industry faces is adoption of new innovation and best practices. However, today’s leaders are rethinking their path towards a more efficient tech first strategy and their willingness-to-adopt technology in construction is increasing. In a recent CREtech Talks: Emerging Trends in Construction Technology, five of the most innovative leaders in construction real estate, Daniel F…

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  • Warehouses Serve as a Pandemic Haven for Property Investors

    Wall Street Journal

    The coronavirus pandemic has thrown property markets into turmoil, but investors keep buying up warehouses. Real-estate investor BentallGreenOak paid $164 million this month for a warehouse in Franklin Township, N.J., one of the largest single-asset industrial property sales of the year.

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  • As New York Reopens, Many of Its Hotel Rooms Look Closed for Good

    Wall Street Journal

    The pandemic that hit New York’s hotel industry harder than any other U.S. lodging market is expected to leave thousands of rooms there closed permanently, as the city starts to reopen after months of lockdown. New York hotels went into the coronavirus crisis suffering from falling occupancy and room rates, mostly because of a glut of new development. Now travel restrictions and a tattered economy brought about by Covid-19, the disease caused by the new virus, have aggravated an already-bad situ…

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