Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
CB INSIGHTS
Retail is under pressure to crack the AI code. After all, corporations in every industry are scrambling to adapt and integrate artificial intelligence into their products — and retail is no exception. Between Q1’13 and Q2’19, retail AI startups looking to address retailers’ AI needs raised a total of $2.67B across 564 deals.
Future of Living Podcast
This past season of Future of Living featured 20 fantastic guests. We covered a lot of ground, too. The future of construction, retail food technology, downtown stadiums, affordable housing, affordable transportation, and so much more. This episode features five standout segments from the past season.
Amenify
San Francisco, CA – July 18, 2019 –Amenify, a platform that connects apartment communities with service and amenity providers, announced that it has reached an agreement with FPA Multifamily and Trinity Property Consultants to launch in multiple US markets, starting with the greater Atlanta area. With Amenify, Trinity is able to provide an improved lifestyle for its residents through amenity services, social events, and concierge support. This includes dedicated teams for daily dog walks, apa…
National Association of Realtors
WASHINGTON (July 18, 2019) — Second Century Ventures, the strategic investment arm of the National Association of Realtors®, announced its first REACH Commercial Class today. REACH is a growth technology accelerator program helping launch companies into the real estate, financial services, banking, home services, and insurance industries. The newest track, REACH Commercial, focuses on accelerating innovative solutions for all aspects of the commercial real estate marketplace. The inaugural REACH…
GLOBEST
BERKELEY, CA—This week, the Berkeley City Council banned natural gas in new low-rise residential buildings, the first in the nation to do so. The law goes into effect January 1, 2020 and phases out natural gas by requiring all new single-family homes, townhomes and small multifamily buildings to have electric infrastructure.
VENTUREBEAT
If today’s AR/VR investment/merger-and-acquisition dynamics continue, there could be a window of one year to 18 months for corporate and VC “smart money” to do deals with AR/VR leaders at sensible valuations. And if the market begins to take off in late 2020 — potentially driven by Apple, Facebook and others — early stage deal makers could reap the rewards.
BUSINESS WIRE
CHICAGO–(BUSINESS WIRE)–Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, today announced its strategic partnership with Fifth Wall, a venture capital firm focused on technology solutions for the global real estate industry. Fifth Wall fosters collaboration between innovative technologies for the built world and industry-leading incumbents from all sectors of the real estate industry. Fifth Wall’s second fund is one of the largest real estate venture capital f…
THE REAL DEAL
E-scooters could mean a boost in real estate values in congested U.S. cities. This is the assertion of David Richter, the chief business officer at e-scooter startup Lime, which has deployed thousands of scooters in cities across the country. Speaking at a conference hosted by Fortune Tuesday, Richter said that the rise of e-scooters, coupled with an increase in bicycle use and ride-sharing, could drive down traffic from traditional car use.
GLOBEST
NEW YORK – The Content Funnel has acquired ATYPICAL, a commercial real estate marketing agency. The combined division will be rebranded under ATYPICAL’s name. The transaction creates a new commercial real estate full-service marketing agency with offices in New York, New Jersey and South Africa. The rebranded agency will offer services in sales marketing strategies, creative writing, creative design, social media, paid media, influencer marketing, animation and campaigns.
THE REAL DEAL
Brendan Wallace has been everywhere these days. The co-founder and managing partner of Fifth Wall Ventures — a venture capital fund focused on bridging the gap between real estate and technology — has taken up the cause of reviving the beleaguered retail sector. And while he’s been sounding off in the media about the firm’s efforts to pair mammoth retail REITs with innovative tech and online brands, he’s also attracted the attention of the tabloids, having been romantically linked with more than…
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