Renter Boom Has Property Managers Seeking an Edge

Report: VC Investments in Commercial Real Estate Tech in February 2019

$775 million was invested in proptech companies in February, a month-to-month decline by nearly 73%. A reported 23 companies received funding, globally, a month-to-month decline by nearly 32%. International proptech companies received the lions of funding with nearly $618 million in 9 deals.

The Biggest West Coast Conference in Commercial Real Estate Tech Kicks off Today

Register for CREtech LA today! Over two days, the hottest startups, entrepreneurs, investors and commercial real estate professionals from around the world will attend the CREtech Los Angeles Conference at the historic Shrine Expo Hall. All of the major tech trends in office, industrial, retail and multifamily including CoWorking, Data, Ai, ConTech and more will be discussed by those leading the tech revolution in commercial real estate.

Nick Romito, CEO, VTS, to Interview Penny Pritzker On Stage At CREtech Los Angeles

Leader of Fast Growing Startup Will Conduct Q and A With One Of The World’s Leading  Business Leaders, Philanthropist and Investor Los Angeles, CA (March 8, 2019) — CREtech (cretech.com), the largest event, data and content platform covering the commercial real estate tech industry, has announced that Nick Romito, CEO, VTS, will interview Penny Pritzker, former U.S. Commerce Secretary under President Obama, and Founder/Chairman of PSP Partners, at the upcoming CREtech conference in Los Angeles …

Google begins selling the $150 Coral Dev Board, a hardware kit for accelerated AI edge computing

If you’re a software dev looking to get a head start on AI development at the edge, why not try on Google’s new hardware for size? The search company today made available the Coral Dev Board, a $150 computer featuring a removable system-on-module with one of its custom tensor processing unit (TPU) AI chips. It also debuted the Coral USB Accelerator, a $74.99 USB dongle designed to speed up machine learning inference on existing Raspberry Pi and Linux systems, and a 5-megapixel camera accessory t…

Construction & Technology: Building for the Future

Construction is a key industry across the world, representing approximately 13% of worldwide GDP or roughly $10 trillion in annual spend on construction-related goods and services. The sector employs over 7% of the world’s working population. Despite its relevance, the industry has struggled to evolve its approaches, and its productivity has suffered as a result. In fact, construction is one of the only industries that has experienced productivity losses over the last several decades. One of key…

WeWork inks 200,000 s/f deal at downtown tower

Jack Resnick & Sons announced that three tenants have signed new leases and expansions totaling approximately 285,000 s/f at One Seaport Plaza/199 Water Street, its trophy 35-story, 1.1 million square-foot downtown property. In the largest transaction, collaborative workspace provider WeWork has signed a new 15-year, 201,231 s/f lease covering five full floors in the tower of the building. The space, located on the 30th through 35th floors, features sweeping views of the New York Harbor, …

Deskpass Lets Users Slide Into (Almost) Any Coworking Space

Once upon a time, coworking was a novel concept; now, you can’t run away from it even if you try. As more and more coworking spaces pop up and struggle to differentiate themselves in a crowded marketplace, a company called Deskpass is capitalizing on the saturation, offering a monthly membership that lets users try out different coworking spaces all across the country.

New report finds more millenials prefer technology to human touch

Millennials are unattached to traditional banks, with only 17 percent of them expressing firm commitment to their current banking provider, according to new survey data from Marqeta. In the research, Millennials (18-34 year olds) were 50 percent less likely than Baby Boomers (50-65 years old) to say that they couldn’t ever imagine wanting to change their banks. According to Marqeta’s survey of more than 1,200 U.S. adults, a strong contrast in banking attitudes exists between Millennials and …

What’s blockchain? And can we invest in it? CRE jumps of proptech bandwagon

The commercial real estate sector has leapt into the future with both its use and interest in new technology reaching a critical mass, according to a new report. In its annual CRE Innovation Report, tech services provider, Altus Group Limited found  “significant acceleration’ in adoption of property technology as well as a growing trend of CRE firms investing directly in PropTech companies and startups themselves. According to the report – which is based on a global survey of 400 CRE execu…