Latest Trends and Insights in Real Estate Technology

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  • Will Co-Living Follow the Success of Coworking?

    KNOWLEDGE LEADER

    You’ve heard about coworking’s enormous success in a multitude of U.S. markets. But will co-living follow in its footsteps? The answer is hazy—while some U.S. markets might not see this trend take off in the near future, in other markets, early adoption is more likely. Co-living is certainly gaining traction in Europe. In December 2018, Medici Living, a co-living company based in Berlin, raised $1.1 billion U.S. dollars to build a portfolio of as many as 35 co-living properties across Europe. It…

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  • How Tech Empowers the Modern Renters’ Desire for Independence

    GLOBEST

    The arduous apartment-hunt: it’s often a minefield of disorganized, outdated, or otherwise unhelpful information. Prospective renters are subject to manually sifting through an abundance of marketing materials and difficult-to-find information, typically experiencing the frustration of online listings that lack key insights, or only offer very straightforward facts.

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  • AI guides single-camera drone through hallways it’s never seen before

    VENTUREBEAT

    Deep reinforcement learning — an algorithmic training technique that drives agents to achieve goals through the use of rewards — has shown great promise in the vision-based navigation domain. Researchers at the University of Colorado recently demonstrated a system that helps robots figure out the direction of hiking trails from camera footage, and scientists at ETH Zurich described in a January paper a machine learning framework that aids four-legged robots in getting up from the ground when the…

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  • To Connect Members, WeWork Rebuilds Its App From the Ground Up

    WEWORK

    WeWork is rolling out a relaunch of its member app, which is designed to be a connected, consciously engineered platform that makes people happier and more productive at work. In updates over the course of several months, the app will be available on iOS and Android. Members use the app for reserving desks, booking conference rooms, and registering guests. A team of engineers, designers, and researchers has been working for about a year on the project, which rethinks just about every aspect o…

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  • WeWork finally owns its HQ property

    THE REAL DEAL

    The We Company has finally closed on its purchase of Lord & Taylor’s Fifth Avenue flagship. WeWork Property Advisors, an investment vehicle managed by the We Company and private equity firm Rhône Group, announced it would buy the building from Hudson’s Bay Company in October 2017 for $850 million. “The completion of this transaction, which will see us bring new life to the iconic Lord & Taylor building, reflects the evolution of the We Company, the diversification of our real estat…

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  • Brookfield To Introduce Self-Driving Cars At Massive Northern Virginia Development

    BISNOW

    One of the world’s largest real estate firms will roll out self-driving vehicles at a huge property it owns in Northern Virginia this summer. Brookfield Properties announced Thursday it will deploy Optimus Ride self-driving cars at an office park in Reston where it plans to launch a $1.4B development. The vehicles will be introduced in June at One Reston Crescent and Two Reston Crescent, the two existing office buildings on the 36-acre site where Brookfield is planning a 3.5M SF mixed-use …

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  • Amazon to Acquire Home Wi-Fi Company Eero

    WSJ

    Amazon.com Inc. AMZN 2.95% on Monday disclosed its latest bet to control the so-called smart home, adding to its fold a company that offers a Wi-Fi system that ditches the traditional router. Seattle-based Amazon and fellow tech giants Alphabet Inc.’s Google and others have been racing to use voice assistants to control everyday devices to promote their services—and glean valuable consumer data. By buying Eero—a company that promises no Wi-Fi dead zones by deploying a customizable armada of …

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  • Placer.ai investigates who really won the Super Bowl [Hint: Supermarkets are always the real winners]

    PLACER AI

    Win or lose…it really doesn’t matter. It’s all about how you…shopped for the big game. Placer.ai investigated the perennial winners of Super Bowl fever: The supermarkets. Every year, Americans go crazy making sure they have the sandwiches, beer, chips, salsa, and other salty snacks necessary to watch the biggest sporting and TV event of the year. Placer.ai crunched the numbers at the country’s top 24 supermarket chains representing 18,000 stores to find out:

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  • Reonomy Signs CBRE to Data Platform

    REONOMY

    The firm will now leverage Reonomy’s robust platform for enhanced integrations, data enablement. New York, New York (February 12, 2019): Reonomy (“the Company”), a leading provider of commercial real estate data and software solutions, today announced it has added CBRE, the world’s largest commercial real estate services and investment firm, as a client for its platform and applications to enhance data infrastructure and augment data granularity. As a company focused on digital innovation, C…

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  • The Biggest Impediment To Growth In CREtech

    Michael Beckerman

    The latest splashy headlines in CREtech tout total funding and the extraordinary proliferation of startups—both wonderful things that benefit the entire sector. A reality check is in order though. Before the hasty celebrations kick off, let’s talk about the biggest impediment to growth facing CREtech. Adoption. Scaling issues trouble many CREtech startups unless their customers fully adopt and engage with their product/solution. Nascent startups overlook the fact that many target customer…

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