Latest Trends and Insights in Real Estate Technology

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  • Is AI cybersecurity’s salvation or its greatest threat?

    VENTUREBEAT

    If you’re uncertain whether AI is the best or worst thing to ever happen to cybersecurity, you’re in the same boat as experts watching the dawn of this new era with a mix of excitement and terror. AI’s potential to automate security on a broader scale offers a welcome advantage in the short term. Yet unleashing a technology designed to eventually take humans out of the equation as much as possible naturally gives the industry some pause. There is an undercurrent of fear about the consequences if…

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  • UrbanFootprint Raises $11.5M in Series A Funding

    FINSMES

    UrbanFootprint, a Berkeley, Calif.-based location intelligence and urban planning software platform provider, raised $11.5m in Series A funding. The round was led by Valo Ventures with participation from Social Capital and new partner Radicle Impact. The company intends to use the funds to advance its offerings and grow its customer base of cities, urban planners, and companies across the energy, mobility, and real estate sectors.

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  • Startups salivate as pols target security deposits

    THEREALDEAL

    Last fall, a Cincinnati council member pitched housing legislation to a room full of elected officials. Dubbed “Renter Choice,” it would require landlords and property managers to offer alternatives to cash security deposits. Cincinnati has since passed a version of the bill, and at least five other states got started on their own. New York City is now considering joining their ranks.

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  • Redfin’s 2019 loss doubled to $82M

    THEREALDEAL

    Redfin’s losses nearly doubled to $81 million in 2019, but there was a silver lining to be found on Wednesday. The Seattle-based discount broker said in its quarterly earnings call that it narrowed its net loss to $7.8 million from $12.2 million during the fourth quarter, thanks to better margins. During the quarter, revenue also rose 88 percent year-over-year to $233 million.

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  • Spacepool aims to ‘do an Airbnb’ to office sector

    PLACETECH

    Ex-HB Reavis business development analyst, Eugene Tavyev, has launched a search platform aimed at helping firms find workspace, dealing directly with office hosts. Spacepool, based in London, seeks to connect independent flexible workspace operators with companies by helping to find the right space based on their selected criteria and removing the need for an agent. Tavyev, who has funded the start-up with backing from an unnamed angel investor, said: “We’ve addressed the gap in the office searc…

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  • 11 Key GTM Metrics for B2B Startups

    A16Z

    0/ There is a dazzling amount of inconsistency in what GTM (go-to-market) metrics are presented at board meetings of early stage B2B (business to business) companies. Here is my hit list of the most important, and why: 1/ CARR – Total contracted annual recurring revenue is the single best metric for the health of a business. It encapsulates new logo growth, expansion, and churn in a single number. If you only show one number, use this one.

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  • Brookfield Properties Underscores Sustainability for Operational Edge

    GLOBEST

    NEW YORK CITY-  Brookfield Properties is buckling down on its sustainability strategy. The Canadian-headquartered asset management firm has zeroed in on upgrading its Brookfield Place Central Plant to reduce its carbon footprint, increase energy efficiency and lower overhead costs, Daniel Kindbergh, executive vice president of operations at Brookfield Properties, tells GlobeSt.com.

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  • Nova Credit raises $50M in Series B

    NOVACREDIT

    We’re thrilled to share that we just raised a $50M round led by Kleiner Perkins to finally make the global consumer credit reporting system whole.  Our Series B included major participation from our friends at Canapi Ventures and existing investors General Catalyst, Index Ventures and NYCA Partners, without whom we wouldn’t have made it this far. We also welcomed Avid Ventures, Endeavor, Susa Ventures and Sound Ventures, with some folks you may have heard of: baseball legend Alex Rodriguez and t…

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  • 40 Newly Selected Ventures Reimagine the “ABCs” of Building Construction to Enhance the Affordability and Effectiveness of Energy-Saving Measures

    ENERGY

    The U.S. Department of Energy’s (DOE’s) Building Technologies Office (BTO) awarded $26.3 million to 40 competitively selected projects, led by 29 organizations, to pursue innovations that can advance the goals of BTO’s Advanced Building Construction with Energy-Efficient Technologies & Practices (ABC) Funding Opportunity. The funding opportunity underpins the Advanced Building Construction Initiative, one of BTO’s principal efforts to unlock deeper energy savings in the U.S. building sector,…

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  • Tishman Speyer Expands Zo Amenity Package To Construction Workers

    BISNOW

    Commercial property giant Tishman Speyer has started offering its suite of health, wellness and safety services, which it calls Zo, to construction workers at the company’s new developments. Previously, Zo was available to Tishman Speyer office tenant workers. The move comes as developers struggle to find and retain skilled construction workers for their projects. About 61% of construction companies say they are experiencing a high level of difficulty in finding skilled workers, according to the…

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