Latest Trends and Insights in Real Estate Technology

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  • CompStak Enters Partnership with WiredScore to Highlight Commercial Office Properties that are Investing in Digital Connectivity

    WIREDSCORE & COMPSTAK

    January 22, 2019 – CompStak, the nationwide provider of commercial real estate lease comps, sales data, and property information, has today announced a strategic partnership with WiredScore, the global rating platform for digital connectivity in commercial real estate. Commercial real estate professionals who rely on CompStak’s comprehensive transaction data can now benefit from viewing any US property’s Wired Certification level directly on CompStak’s Enterprise and Exchange platforms at no …

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  • Airbnb Has Held Talks to Buy Hotel Tonight

    WSJ

    Airbnb Inc. has held talks to acquire hotel-booking site Hotel Tonight Inc. as the home-sharing company seeks to bolster its offerings and make itself more attractive to investors ahead of an eventual IPO, according to people familiar with the negotiations. Acquiring the closely held site would give Airbnb a way to show investors more growth potential and demonstrate it can branch out beyond its core short-term, home-rental business ahead of a share listing the company has said could come thi…

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  • CREtech Acquires Leading Commercial Real Estate Tech Industry Research Platform RE:Tech

    CREtech

    Largest event, data and content platform in the commercial real estate tech sector announces first 2019 strategic acquisition New York, NY (January 22, 2019) — CREtech (cretech.com), the largest event, data and content platform covering the commercial real estate tech industry, announced today the acquisition of RE:Tech. Launched in 2013 by Ash Zandieh, serial entrepreneur and startup founder, RE:Tech is the most respected and referenced research tool in the commercial real estate tech sector,…

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  • In New York, a Glitzy New Mall Devotes a Floor to Online Retailers

    WSJ

    Developers of a glitzy new Manhattan shopping center think they have found a way to cash in on the surge in e-commerce: stock a floor with companies that began as online-only retailers. That is the grand experiment going on at Hudson Yards, a massive new commercial and residential development of 18 million square feet on the West Side. The mall there is scheduled to open on March 15, along with a 5-acre landscaped plaza and a monument called Vessel that is designed for visitors to hike its …

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  • Uber is exploring autonomous bikes and scooters

    TECHCRUNCH

    Uber is looking to integrate autonomous technology into its bike and scooter-share programs. Details are scarce, but according to 3D Robotics CEO Chris Anderson, who said Uber announced this at a DIY Robotics event over the weekend, the division will live inside Uber’s JUMP group, which is responsible for shared electric bikes and scooters….

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  • Self Storage Meets the Sharing Economy

    CP EXECUTIVE

    Daniel Kluesing, CEO of San Francisco-based startup Sharespace, contends that sharing could help meet demand for storage in development-constrained markets. In 2018, the self storage industry was defined by high development activity across the country. Nationwide, units under construction and in the planning stages account for 9.7 percent, according to the latest Yardi Matrix report. Yet, due to limited opportunity for new development, construction activity in California remained flat. Ma…

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  • Examining the First Crack in the Real Estate Crowdfunding Industry’s Fragile Foundation

    NATIONAL REAL ESTATE INVESTOR

    RealtyShares’ collapse is evidence that change must occur to protect investors and ensure the industry’s viability. The real estate crowdfunding industry is young, rife with opportunistic tech entrepreneurs and flush with venture capital. Combined with a strong U.S. economy and a growing desire among individuals for greater exposure to alternative investments, it’s easy to see why real estate crowdfunding has rapidly grown into a multi-billion-dollar industry since the passage of the Jump…

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  • Here’s how Main Street retailers can use technology to save their businesses

    BUSINESS INSIDER

    The U.S. maintains its leading edge in many industries of the future. But when it comes to tech-infused retail, the rest of the world is outpacing the U.S., digitalizing stores in huge swaths while America stands still. Why it matters: Wealthy retail chains everywhere are surging ahead in digitalization, luring shoppers with custom applications. But howthey are doing it has divided the world of retail between the haves of new tech and the have-nots….

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  • 7 cool tech innovations from NRF

    THE NEWS FUNNEL

    The 2019 National Retail Federation Big Show included panels on a myriad of topics including supply chain optimization, direct-to-consumer brands and leadership diversity. But, the topic that permeated discussions regardless of subject matter was technology. The retail world is smitten with tech. The promise of what it may bring — faster, more efficient processes, deeper customer engagement and increased profit margins — is never more apparent than at a convention. This year the show floor wa…

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  • The Rising Presence of Tech-Experience in the C-Suites and Boardrooms of Real Estate Firms

    GOODWIN PROCTER

    In general over the last decade, the real estate industry is one that has watched from the sidelines as others have embraced the technological revolution. There are various reasons for this – generational gaps between real estate leadership and younger tech savvy millennials, the view among many real estate operators that tech developers lack knowledge of applications that will be ready for integration within the real estate business model, and the tendency of real estate companies to retain out…

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