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.

Search

  • Prologis Picks Up Queens Warehouse for $21.5M

    COMMERCIALOBSERVER

    Prologis, the country’s largest owner of industrial space, dropped $21.5 million for a warehouse in Ridgewood, Queens — at least its third acquisition in the area this year, property records show. The real estate investment trust bought the 120,000-square-foot warehouse at 24 Woodward Avenue between Metropolitan and Flushing Avenues from Willowen Management Corp. in a deal that closed on Monday, according to city records. The two-story property was built in 1929 and is currently leased to a vari…

    Read more

  • Number Of Private Equity Firms Leading VC Rounds On The Rise

    CRUNCHBASE

    Here at Crunchbase News, we write about a lot of funding rounds and the investors leading them. Most of the time, those investors tend to be venture capitalists, but a growing number have been private equity firms. I’ve seen the names of private equity firms pop up in some of the funding rounds I’ve covered, but I started thinking about it more after attending a dinner hosted by IVPearlier this month. Sandy Miller, a general partner at the firm, was talking about trends in the 2019 late-stage an…

    Read more

  • Future City newsletter: Struggles at SoftBank’s $10B hospitality startup, the death of CrediFi & more

    THEREALDEAL

    Proptech is a $20 billion industry that’s already reshaping and upending traditional real estate as we know it. And this is just the beginning. Each Thursday, The Real Deal’s Future City newsletter breaks down the biggest news in proptech across the globe, from 3-D printer homebuilders in Long Island, to emerging tech brokerages in India, to crowdfunding property startups in San Francisco. Of course, we also cover the intrigue around firms backed by SoftBank. There are lots of them….

    Read more

  • Compass cites “progress” on 2020 by 2020 goal — but not there yet

    THEREALDEAL

    In the fall of 2017, Compass announced an ambitious plan to grab 20 percent market share in the country’s top 20 cities by 2020. As the deadline approaches, CEO Robert Reffkin told agents the firm still had some ways to go. In a year-end letter to agents on Tuesday, Reffkin said Compass had exceeded 20 percent market share — or come close — in cities like San Francisco and Washington, D.C., as well as Silicon Valley submarkets. It hit 10 percent market share in “many more markets, which is ma…

    Read more

  • Everyone’s rushing to be an iBuyer — except for Realtor.com

    THEREALDEAL

    It was February 2019 when Zillow co-founder Rich Barton reclaimed the CEO role in dramatic fashion, betting the future of the $8 billion company on instant home-buying. In the months since, the Seattle-based listings giant has made good on its promise to go head-to-head with competitors ranging from Opendoor and Offerpad, to Keller Williams and Realogy.

    Read more

  • Fangdd, a Proptech Company, Launches Parking Space Sales

    CAPITALWATCH

    Real estate marketplace Fangdd Network Group Ltd. (Nasdaq: DUO) has expanded into selling parking spaces. The Shenzhen-based company said in a statement on Tuesday that, together with Shenzhen Jinyiyun Supply Chain Technology Co. Ltd., it has already facilitated a number of sales in the new business. Jinyiyun applies blockchain technology on its platform, it said. “Our cooperation with Shenzhen Jinyiyun will create the first generation of standardized parking space transaction products,” Yi Duan…

    Read more

  • Seven Proptech VCs Reflect On 2019​

    FORBES

    At the end of December each year I want to reflect on the past 12 months of my life, and dream of what the next 12 might look like. In this column we do the same for the proptech market, with the help of investors from around the world. So, for the second year running, I am closing out the old year, and kicking off the new, with a review of 2019 and new year predictions for 2020. Today’s column will focus on 2019; look out for the predictions piece in the first few days of the new year.

    Read more

  • Towards the smart cities of 2025

    SMARTCITIESWORLD

    The drive for smarter cities is growing exponentially as municipalities tackle critical challenges in areas such as public and environmental health, safety and security, mobility and more. We are already seeing the IoT revolution delivering on its promise, with solutions being deployed for waste management, air quality improvement, gunshot detection, asset tracking, fleet management, flood detection, parking management and more. There are even niche deployments such as the monitoring of ultravio…

    Read more

  • Managing the Growing Number of Proptech Applications

    GLOBEST

    While intrigued by proptech, many commercial real estate executives lament that there are just too many options on the market from which to choose. And even if they find a product to invest in, they wonder how long it will be functional before it is obsolete. Christopher Yip, the new partner and managing director of RET Ventures, hears these concerns. “There often are six or seven or eight players providing the same tech solution,” Yip says. “Recently, we were talking to one of our LPs [limited …

    Read more

  • Investors Step Up Scrutiny of Flex Office Space

    GLOBEST

    JLL research predicts that 30% of the US office market will comprise flexible space by 2030. One of the drivers behind this growth, ironically, is the uncertainty in the economy. “It’s not just a reflection of current circumstances, such as the ongoing trade war or Brexit, but the rapid shifts in business that make it hard for companies to know what they are going to look like from year to year, never mind in three-, five- or 10-years’ time,” according to Ben Munn, global head of flexible space …

    Read more
<< < > >>

Join the Community

Subscribe to CREtech to get our monthly newsletter curated by our editors and special event discounts and announcements.


or if you're already a member

Login

Forgot password? Click here.