Latest Trends and Insights in Real Estate Technology

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  • Equiem establishes permanent West Coast presence, as US team expands

    EQUIEM

    Equiem, the global leader in commercial tenant experience technology, has made three senior additions to its New York-based US team, reflecting a fast-growing demand for the firm’s services from commercial landlords across the USA. Equiem has also announced that it has established a full-time presence on the West Coast for the first time. Founded in 2011, the firm’s market-leading tenant experience platform serves more commercial tenants around the world than any other provider, with 145,000 …

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  • ‘Ghost kitchens’ are taking over fast-food chains from Chick-fil-A to Wendy’s

    BUSINESS INSIDER

    On Friday, Wendy’s became the latest fast-food chain to mention delivery-centric locations without dining rooms or takeout, commonly called ghost kitchens or dark kitchens. Abigail Pringle, Wendy’s chief development officer, said during Wendy’s annual investor day that dark kitchens would be a significant part of the chain’s expansion strategy. Pringle said the chain planned to open two dark kitchens in the US by the end of the year, having already utilized the design internationally.

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  • Here’s a look at how WeWork’s $50 billion pile of office leases could unravel

    MARKETWATCH

    WeWork became a darling of the New York City and San Francisco’s office property markets in less than a decade. Now the office-sharing venture could become a liability as it pulls back its expansion. Here are five things to know about WeWork’s real estate footprint as the company looks for fresh funding after it shelved its initial public offering recently.

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  • Autonomous shuttles in Northern Virginia suburb show why the future of robot cars might be slow

    THE WASHINGTON POST

    At a building site in Reston, there is something small and quiet on the roads alongside big noisy dump trucks: automated shuttles that ferry office workers whose routines have been disrupted by the construction. The shuttles’ job is to make runs from parking lots that have been shifted farther from people’s offices. But when the new offices, apartments and stores go up on the 36-acre Halley Rise development in Northern Virginia and a Metro station opens nearby, the company that operates…

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  • The Q3 2019 Global Venture Capital Report: Seed Stage Deals Increase While Broader Funding Environment Shows Signs Of Erosion

    CRUNCHBASE

    Using data and projections from Crunchbase, this report from Crunchbase News dives deep into the state of the global venture capital ecosystem. Here, we want to assess investment and liquidity: Money In versus Money Out. In the Money In section, we will cover Crunchbase’s projections of how—and how much—the global venture capital ecosystem invested in Q3 2019. We’ll then evaluate how that result compares to both Q2 2019 and Q3 2018, giving us perspective on sequential quarter and year-over-ye…

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  • Amazon Invests In Smart Home PropTech Startup For Multifamily Landlords

    BISNOW

    Amazon’s quest to insert itself into every residence continues apace. The online giant has invested an undisclosed sum into PropTech startup SmartRent, which packages and sells smart home services to multifamily landlords, Commercial Observer reports. The investment will allow SmartRent to integrate Amazon products into its platform.

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  • World’s First Major Co-Living Fund Seeks $825 Million in Pledges

    BLOOMBERG

    Real estate investment manager DTZ Investors and co-living developer the Collective have started the world’s first fund to buy and build communal housing in London, betting lonely renters and sky-high house prices will make the niche sector mainstream. The venture is seeking 650 million pounds ($825 million) in commitments and plans to invest in six to 10 projects in London, according to a statement Monday. The fund has 70 million pounds of seed capital and its managers aim to build a por…

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  • Nashville Leads the Southeast in Rent Growth Following Great Recession

    COSTAR

    Nashville has experienced the strongest rent growth in the Southeast over the course of the current economic expansion. Industrial rents in Nashville are now nearly 70% higher than they were just before the Great Recession. Nashville’s strong industrial performance is driven by strong demographic growth, and the continued expansion of multi-national automotive firms in the area. Nashville’s large automotive presence has led to increased demand for industrial properties. Both General Motors…

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  • Berkadia Launches BeEngaged to Foster Innovation and Collaboration Across the Commercial Real Estate Industry

    BERKADIA

    NEW YORK – October 10, 2019 – Berkadia today announced the launch of BeEngaged, a program within the firm’s Innovation Division that advises and fosters startups that are redefining the commercial real estate industry. BeEngaged provides startups with resources, strategic counsel and a collaborative network to test and grow innovative concepts.

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  • Season 1, Episode 1: SoftBank and Real Estate

    SCOTT GALLOWAY

    Last night I met up with friends at Soho House, a members-only club. I’ve always wanted to be a member, and have several friends who’ve offered to sponsor me. But the thought of being rejected for membership by a club where all my friends are members is damage my ego couldn’t endure. So, no membership for the dawg. As a guest, I’ll have a nice meal and a couple Maker’s and Gingers (i.e., 5). I’ll then go home and decide the smart thing to do would be a preemptive strike against my member-like ha…

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