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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  • All-digital hotel opens in Fort Worth

    SMARTCITIESWORLD

    Intel has collaborated with The Sinclair, Autograph Collection, to create what the partners claim is the world’s first all-digital hotel, connecting everything from smart and more sustainable and efficient building operations to in-room personalisation. The joint effort aims to deliver the “next-generation connected guest experience” through location-based analytics, as well as by utilising the latest offerings from Cisco, SAS and other digital vendors.

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  • Legal & General appoints proptech firm Demand Logic to improve property portfolio performance

    PROPERTYWEEK

    The portfolio is part of Legal & General Investment Management (LGIM). Demand Logic’s cloud-based software promises to cut energy costs and carbon emissions by 10% to 30%, slash maintenance time by as much as 30%, and improve staff productivity and reduce comfort complaints. The technology is already deployed in seven of LGIM’s commercial buildings and since June 2019 has helped save £180,000 in energy costs and 400-tonnes in carbon emissions.

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  • Influencers In Technology

    GLOBEST

    Tech has always been a tricky space for commercial real estate. At first, the industry was a laggard in tech adoption; then it soon caught up. In the meantime, technology has been evolving to the point where it can remake companies’ business models and go-to-market strategies. Keeping up with these trends requires both tech acumen and a deep understanding of commercial real. We’ve identified some of the top people who have accomplished that in the following pages.

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  • Houwzer raises $9.5M, plans to double staff and expand to new markets

    BIZJOURNALS

    Tech-driven real estate brokerage Houwzer raised a $9.5 million Series A funding round as the 75-person company plans to double its headcount and expand to both the Baltimore and Orlando markets within the next year.  The funding, led by Princeton-based Edison Partners, brings Houwzer’s total backing to $17 million. Previous investors, including Ira Lubert and NBA Hall of Famer David Robinson’s Admiral Capital Group, also joined in the round.

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  • Mitchell Schear, Executive Partner, Camber Creek to Speak on Funding Panel at Upcoming CREtech Austin Conference

    CRETECH

    CREtech (cretech.com), the leading global conference and research company devoted to innovation in the Built World, will showcase a panel around the current state of funding and valuations at their first event in 2020. To be held in Austin, Texas on April 22nd and 23rd, the event will feature Mitchell Schear, Executive Partner at Camber Creek along with several other leading VC’s and investors in the real estate tech sector. They will share their views on current funding trends and the outlook f…

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  • The squeeze on resi brokerages is forcing consolidation, cooperation

    THENEWSFUNNEL

    Corcoran is consolidating. Compass is making lay offs. Residential firms are going lean. Call it a sign of the times that these days brokerage executives show off their smarts by pulling out financial statements and reviewing expenses line by line. “Everybody is doing that right now,” said Steve Murray, president of Real Trends, which analyzes brokerage valuations. The question is whether they’re making the right choices on where to save versus splurge.

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  • L.A., London Team Up On Transportation Innovation

    LAMAYOR

    Mayor Eric Garcetti and London Mayor Sadiq Khan today announced a historic agreement to make London and Los Angeles ‘Innovator Cities’ — enabling greater collaboration to take on critical transportation issues confronting cities around the world. “Los Angeles is ready to test-drive new ideas, inventions, and innovations on our streets right now,” said Mayor Garcetti. “Our partnership with London is about putting the best concepts in the world onto our local roads and railways, taking steps toget…

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  • CBRE Brings First Hana Coworking Space To New York City

    BISNOW

    CBRE’s coworking arm Hana has selected 3 World Trade Center for its first New York City location, taking two floors in the 1,079-foot-tall building. The deal with Hana, which opened its first location last year in Dallas, is a revenue-sharing arrangement with landlord Silverstein Properties, rather than a traditional lease. Hana, will manage 85K SF at the 2.5M SF office building, Crain’s New York Business reports. Of that space, 5K SF will be used for the group’s headquarters, even though its pa…

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  • Zillow is officially a New York brokerage. But listing platform says it’s not what you think

    THEREALDEAL

    Zillow Group is now a licensed corporate broker in New York. It’s part of a national growth strategy in which Zillow is getting itself licensed from coast to coast.“As we work to redefine how real estate is done, and create product improvements for consumers, brokers and agents on our platforms, we will be performing activity for which many states require a license,” said Viet Shelton, a spokesperson for Zillow, in a statement.

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  • FUTURE PropTech To Explore Build To Rent On Residential Sector Stage

    CRETECH

    FUTURE PropTech, part of the World’s number one real estate technology event series, will be showcasing a panel on Build to Rent for the upcoming 2020 event taking place in London on 13&14 May. The Build to rent sector has grown by 15% in the past year from Q4 2018 to Q4 2019amounting to over 20,000 additional Build to Rent homes*. The panel, exploring this growing sector, will be moderated by Felicite Moorman, Co-founder & CEO of the leading smart apartment IoT, STRATIS IoT. Felicite…

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