Latest Trends and Insights in Real Estate Technology

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  • LoopNet Launches CoTour to Conduct Virtual Tours in Real-Time

    CoStar Group

    LoopNet– the most heavily trafficked commercial real estate marketplace online – launched CoTour, a virtual co-browsing space for tenants, owners and brokers to conduct business online, in response to the current needs of customers and the industry. At a time when in-person tours are not able to happen, LoopNet and its CoTour tool allow key decision makers to meet and tour properties in real-time, enabling business to be conducted virtually.

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  • The Harsh Future of American Cities

    Medium

    History has unfolded in waves of profound depths followed by the relief of buoyant times, only for the depths to return with unsentimental speed. The French Revolution and the Reign of Terror gave way to Paris’ jolly Incroyables and Merveilleuses, young men and women who dressed ostentatiously and had a cathartic frolic — for about four years until Napoleon took power. After World War I and the pandemic Spanish Flu, the Roaring ’20s carried Berlin, London, and New York into a new age of hilarity…

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  • Mass Transit Systems Face Social-Distancing Puzzle

    Wall Street Journal

    Cities around the world are butting up against an intractable problem as they emerge from their coronavirus lockdowns: It is almost impossible to make their mass transit systems comply with social distancing during the rush-hour crush.

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  • Airbnb-Backed Zeus’s Value Is Halved in New Funding Round

    Bloomberg

    A corporate-housing startup backed by Airbnb Inc. has raised money at roughly half the valuation it commanded five months ago, as the coronavirus pandemic ravages the lodging industry. Zeus Living Inc. raised about $15 million in equity and debt at a valuation of about $110 million from existing investors CEAS Investments I, Initialized Capital Management and Soros Fund Management, according to people familiar with the matter….

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  • Uber Eats grew like hell in Q1 but Uber still lost nearly $3B

    CREtech

    Ahead of its earnings report today, shares of Uber  rose around 11%, buoyed by a set of financial results and promises about the future from Lyft that were rated highly by investors. That optimism lapped over the edges onto Uber….

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  • ‘Our product was built for times like these’: Seattle startup Knock raises $12M

    GeekWire

    As many tech startups cut staff and figure out how to survive during the COVID-19 crisis, Knock is doing just the opposite. The Seattle startup today announced a $12 million Series B investment round led by Madrona Venture Group, with participation from Lead Edge Capital and Seven Peaks Ventures.

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  • PointCentral Acquires Doorport to Expand Smart Residential Property Management Solutions

    Business Wire

    PointCentral, an Alarm.com (Nasdaq: ALRM) company, has acquired New York-based Doorport, Inc. With the acquisition, PointCentral will add a unique smart intercom capability to the PointCentral Smart Property Management solution. Doorport’s innovative smart intercom solution improves building access security and convenience at multifamily properties for residents, guests, property managers, and delivery personnel. The acquisition accelerates PointCentral’s push to provide a complete IoT solution …

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  • Autotech Ventures raises more than $150 million with an eye on ground transportation startups

    TechCrunch

    Autotech Ventures  popped on the scene three years ago with a $120 million debut fund and a plan to invest in early-stage ground transportation startups. Now, with investments in 26 startups and a handful of exits, including Xnor.ai, DeepScale  and Frontier Car Group,  the venture firm is back with a new, bigger fund and the same strategy….

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  • How Life in Cities Will Change Due to the Coronavirus Pandemic

    Foreign Policy

    Cities are at the center of this pandemic, as they have been during so many plagues in history. The virus originated in a crowded city in central China. It spread between cities and has taken the most lives in cities. New York has become the world’s saddest, most dismal viral hotspot.

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  • Invisible AI uses computer vision to help (but hopefully not nag) assembly line workers

    TechCrunch

    “Assembly” may sound like one of the simpler tests in the manufacturing process, but as anyone who’s ever put together a piece of flat-pack furniture knows, it can be surprisingly (and frustratingly) complex. Invisible AI is a startup that aims to monitor people doing assembly tasks using computer vision, helping maintain safety and efficiency — without succumbing to the obvious all-seeing-eye pitfalls. A $3.6 million seed round ought to help get them going….

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