Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
CONNECTED RE MAGAZINE
I entered the commercial real estate tech sector in 2012 in New York City. There were a handful of startups focused on the commercial real estate tech sector at the time. Maybe a dozen, max. According to statistics I was later able to get my hands on, approximately $30 million was being invested in the CREtech sector annually at that time.
THE VERGE
Google is adding a new transit option to Maps: Lime scooters and bikes. Maps will now offer the option to direct you toward the nearest shared vehicle and factor that into your travel time. Maps already offers a similar integration for services like Uber and Lyft. Google will give you Lime as an option, along with the location and estimated price, and forward you over to the Lime app to actually find and book the scooter or bike in question. …
THE REAL DEAL
Compass is launching a technology campus in Seattle geared toward building “real estate’s first-ever end-to-end platform,” and plans to hire at least 100 engineers. The SoftBank-backed brokerage, which has been in expansion mode, announced the West Coast Product & Engineering Campus in a Facebook post this week, according to Geekwire. The move came about two weeks after Compass brought on former Microsoft and Amazon executive Joseph Sirosh as its new chief technology officer….
INC
From student loans to co-working at home, these entrepreneurs have keen ideas for fixing at least some of what ails society most. There is no shortage of people with bold ideas and enthusiasm about pursuing them. Look no further than this year’s list of the top global emerging companies. …
CONNECTED RE MAGAZINE
The company was formed as part of a digital security sale of a student housing complex. Harbor, a full-service platform for tokenized commercial real estate, investment funds and more has recently partnered Convexity Properties, the real estate investment division of DRW to launch the digital security token sale of a South Carolina housing complex.
STATE OF STARTUPS
Welcome to State of Startups, the annual survey where hundreds of venture-backed founders speak frankly about what it’s like running a technology startup today. Over four years of State of Startups, we’ve collected 2,700+ submissions and nearly 150,000 data points, creating the industry’s largest dataset on the founder and startup experience.
COMMERCIAL OBSERVER
Coworking giant WeWork continues to push the growth of its service targeting big corporate clients and plans to offer facilities management for it, Commercial Observer has learned. To spearhead the effort, WeWork has hired Maureen Ehrenberg, the former president of global integrated facilities management at JLL, to become its first global head of facilities management services, the company said….
CREtech Blog
Equiem is the leading tenant engagement platform globally for commercial real estate. Since inception in 2011 -when there were many doubters that office buildings would be seen as communities of “customers” requiring an entirely different real estate experience – we have grown to power a portfolio of over 125 buildings across 57 million sqft in the United States, Australia and the United Kingdom. Equiem is the only solution that combines enterprise-grade technology, tried and tested engagement s…
WSJ
The investor frenzy for shared electric scooters is cooling, as two leading startups lower their fundraising ambitions while dealing with vandalism, rising competition and other growing pains. One of the companies, Bird Rides Inc., is planning to take on more investment at its current $2 billion valuation, people familiar with the discussions said. The year-old startup previously had told potential investors it was seeking hundreds of millions of dollars at a substantially higher valuation, b…
GLOBEST
The reality of driverless cars may be further away that many in the real estate industry think. There have been predictions that there will be widespread adoption of self-driving cars in as soon as a decade. In reality, however, self-driving cars need an intelligent infrastructure, especially in areas without GPS data. Parking garages and parking lots are particularly challenging for autonomous driving. While self-driving cars seem to be inevitable, adoption will likely come through slow adoptio…
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