Latest Trends and Insights in Real Estate Technology

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  • We Are All Adam Neumann: A Short Farewell to 2019

    LINKEDIN

    WeWork encapsulates everything that was good and bad about the world in 2019. That’s why we couldn’t keep our eyes off it. On it’s way up, WeWork was described by The Atlantic as a company that “perfectly captured the Millennial Id” — tapping into the unconscious needs and desires of a whole generation. But once the public became conscious of the company’s financial performance, shareholders were trapped in a nightmare: The valuation was cut down by nearly 90%, the charismatic founder was ousted…

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  • Apple Has Top Secret Team Working on Internet Satellites

    BLOOMBERG

    Apple Inc. has a secret team working on satellite technology that the iPhone maker could use to beam internet services directly to devices, bypassing wireless networks, according to people familiar with the work. The Cupertino, California-based iPhone maker has about a dozen engineers from the aerospace, satellite and antenna design industries working on the project with the goal of deploying their results within five years, said the people, who asked not to be identified discussing internal com…

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  • RealPage Closes Acquisition of Buildium

    BUSINESSWIRE

    RealPage, Inc. (NASDAQ:RP), a leading global provider of software and data analytics to the real estate industry, today announced that it has closed its acquisition of Buildium® (www.Buildium.com), a leading SaaS real estate property management solution provider with approximately 2 million units under management in the SMB market segment. “The SMB market segment represents a tremendous growth opportunity for RealPage. This is an area where technology is underutilized, and currently served by my…

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  • The ‘world’s first post-car development’ is being built in Arizona — here’s what it will look like

    BUSINESSINSIDER

    Culdesac — working with architecture firm Optico — is creating the “world’s first post-car development” that will be completed in the fall of next year. The neighborhood — which won’t have any parking for private cars — will be in Tempe, Arizona, which was chosen because of its growing number of jobs and population, and available land near a light rail station. The only parking spaces will be for visitors and ridesharing. Instead of private cars, transportation options in the community will incl…

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  • The last decade in real estate, and a peek into the next one

    TECHCRUNCH

    As we barrel towards the start of a new decade, it’s amazing to think about the ongoing transformation within real estate. In the U.S., housing’s contribution to our GDP is ~15-18% spread across residential transactions, construction and housing services (i.e. rent, utilities, insurance, etc.) For the average homeowner, their primary residence is the biggest component of their net worth. And for employers, affordable housing programs can increase employee retention, productivity and success on t…

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  • 8 issues that will define cities in the 2020s

    CURBED

    By their nature, cities are dynamic and ever-changing, shaking off the past and constantly reinventing themselves to face the future. But something seemed to happen to U.S. cities over the last decade, a kind of stasis in the face of rapid change. That may seem counter-intuitive, considering just how much urban America changed, from the introduction of new technologies and startups to building booms, increased gentrification, and rising rents. But time and time again, cities were more reactive t…

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  • RE/MAX acquires tech startup First

    INMAN

    First is a machine learning-based platform that helps agents know when to reach out to consumers in their existing network.

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  • Sapphire Ventures Raises More than $1.4B to Support Entrepreneurs in Building Category Leaders

    SAPPHIREVENTURES

    I’m proud to announce that Sapphire Ventures has raised more than $1.4 billion in new capital commitments, bringing our total assets under management (AUM) to almost $4 billion. You can read the full announcement here. This larger capital commitment gives us the flexibility to support more entrepreneurs who are building what we call Companies of Consequence: visionary companies that seek to change the way we work and live. We believe the added capital enables Sapphire to: Differentiate even more…

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  • CREtech Weekly PropTech Venture Capital Funding Recap

    CRETECH

    This week was a relatively slow week in in real estate tech venture capital, with multiple deals in insurance, construction and investment management technologies. The largest deals took place in the insurtech and lease process management categories. In Europe, wefox Group, the Berlin-based insurtech company, has boosted its Series B to $235M after closing an additional $110 million.  In the US, States Title, a San Francisco based company that uses machine intelligence to create seamless title a…

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  • The PropTech Report: An Open Frontier For Hardware Entrepreneurs

    ALLEYWATCH

    Two constants have guided my professional life: venture capital and real estate. Every year, I eagerly await to see which portfolio will produce greater returns. Today, in the  words of the great (fictional) New Yorker George Louis Costanza, “Worlds are colliding!”  Enertiv, a New York Angels investment, keeps growing with an impressive client list of property managers and building owners. The smart building hardware startup is the latest in a slew of new property technology (PropTech) innovatio…

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