Latest Trends and Insights in Real Estate Technology

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  • The Top Coworking Operators

    NATIONAL REAL ESTATE INVESTOR

    In new research, Colliers identified more than 140 different coworking operators active in 19 markets, with a total of 27.2 million sq. ft. of flexible workspace. In new research, Colliers International has provided a lay of the land when it comes to the flexible office market. Overall, the researchers found that although coworking and flexible workspace still represents a relatively modest share of overall office occupancy, its footprint is rising and expanding rapidly. And while th…

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  • Does the City of the Future Mean Fewer Cars?

    BLUEPRINT – CBRE

    The U.S. has long been the land of the automobile. We design cities around parking lots, create suburbs “within driving distance” of major metropolises and have highways that span coast to coast. The car is an undeniable part of America’s history and has shaped how much of it looks today. But as more and more people move to cities—the UN predicts that 68 percent of the world’s population will live in urban areas by 2050, up from 55 percent—and the impact of climate change becomes more prevalent,…

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  • Most Expensive Commercial Real Estate Keywords [2019]

    SHARPLAUNCH

    In 2018, Google accounted for more than 37% of the US digital ad marketshare and it is expected to grow to more than 80% of all search ad market in 2019. That means Google Adwords is still the top digital advertising platform and can be a great option to bring awareness and generate leads for your property or company. So, just how expensive is it to advertise commercial real estate on Google? We did an analysis of the most expensive commercial real estate keywords in 2019 ranked b…

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  • WeWork could challenge Starbucks in China with new on-demand service

    TECHCRUNCH

    The rise of Starbucks in China, like that in the west, is closely linked to its function as a “third space” for people to hang out between home and work. In recent years, a bevy of coffee entrepreneurs are trying to topple the American giant’s dominance in China and lately, an unexpected contender — WeWork — has joined their camp. This month, the office tenant and workplace service provider launched WeWork Go, a new feature that allows China-based users to rent a desk by the minute so they ar…

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  • The Wing to lease entire Second Avenue building

    THE REAL DEAL

    Women-focused co-working firm the Wing is moving its corporate headquarters to 137 Second Avenue in the East Village, sources told The Real Deal. The Wing will lease the entire 22,000-square-foot building from a partnership between WeWork investor Joel Schreiber and Jenny Jangana Haim of Continental Equities. Milsmith Real Estate represented the owners in the deal. Matthew Mummert of Milsmith confirmed the lease and said the rent paid was in the high $60s per square foot. The Wing’s co-fou…

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  • Amazon Adds Incentives For Apartment Landlords To Add Package Lockers

    BISNOW

    Amazon has started offering apartment landlords a bundle of services to persuade them to install package lockers. The incentives — collectively known as Easier with Amazon — include free one-year Prime membership and an Echo device (Alexa, that is) for tenants, along with locker access. Landlords would also receive assistance in installing and maintaining the lockers. So far, the retail giant has partnered with at least four apartment buildings — three in Texas and one in Oregon — to of…

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  • PropTech Firm Waypoint Opens First East Coast Office

    BISNOW

    San Francisco-based PropTech firm Waypoint is expanding to New York City, establishing a new office in that city to handle its East Coast operations. The move comes on the heels of strong growth for the company, which offers a financial performance analytics and management platform for commercial real estate. In 2018, Waypoint brought thousands of new buildings onto the platform, growing total recurring revenue by 350%, CEO Diane Vrkic said. The company analyzes more than $300B in assets unde…

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  • How to Raise a Seed Round in PropTech

    MEDIUM

    I get asked all the time, so I figured I would put it down in a central place. Fundraising seems to be some foreign, abstract concept to most founders I run across. At best, they see it as a daunting challenge. At worst, it’s a necessary evil to be endured to let you get back to “the real work.” But here is the truth — If you run a startup, you are a fundraiser. Always. The intensity of your fundraising will ebb and flow, but YOU ARE ALWAYS RAISING CAPITAL until you sell the company or go pub…

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  • The (Data) Science Of The Deal: How AI Will Transform Commercial Real Estate

    FORBES

    Artificial intelligence is infusing virtually every sector of the modern economy, and real estate is no exception. From machine learning algorithms that match homebuyers to listings to chatbots attending to clients’ needs, the real estate industry is buying into technological solutions that aim to make the industry more efficient, profitable and service-oriented. In commercial real estate, however, AI has yet to gain a significant foothold. But the technology carries the potential to transfor…

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  • The Top 15 US Flexible Workspace Markets Poised For Growth

    ALLWORK.SPACE

    The flexible workspace industry in the US has grown at an average of 23% for the past 8 years. According to JLL, in 2018 alone flexible space made up nearly two-thirds of office market occupancy gains in the US. In fact, the New York City office market was dominated by coworking last year; in the first eight months of 2018, flexible space leased a total of 1.9 million square feet. In August alone, coworking made up nearly one-third of Manhattan’s office leases….

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