Latest Trends and Insights in Real Estate Technology

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  • How to 3-D Print an Entire House in a Single Day

    WIRED

    A TYPICAL SINGLE-FAMILY home in the US takes an average of six and a half months to build, according to the Census Bureau’s latest survey. Now an Austin-based startup called Icon can erect a house nearly 200 times faster—in a day. WHAT: The Vulcan, a house-building 3-D printer SIZE: 12.5 x 22.5 x 35 feet WEIGHT: 1 ton TOP SPEED: 5 inches per second To be fair, the company is building houses that max out at 800 square feet, but that’s not the limit. The hyperspeed fabrica…

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  • Market Map: 140+ Real Estate Tech Companies Transforming the $32 Trillion Housing Market

    GEEK ESTATE BLOG

    Residential real estate has proven to be a strong driver of economic growth and individual wealth, representing more than 15% of our nation’s GDP. The combined value of housing in the United States reached a record-high $31.8 trillion in 2017, according to Zillow. Yet until recently, venture capitalists rarely invested in the sector. In 2010, investment in real estate technology companies made up less than 1 percent of total venture capital (only about $30 million). By 2017, however, activity…

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  • Common Co-Living Lands In Miami

    BISNOW

    First came coworking, now comes co-living. In this emerging format of multifamily development, residents have their own private rooms but share kitchens and other areas; it is related to a dorm or hostel, but with stylish furniture, group yoga classes and rents commensurate with an upscale experience. Common, a New York-based company that operates 20 co-living sites in major cities, is expanding into Miami with two brand-new developments in Little Havana that will open in 2020. Expanding into…

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  • How CRE Tech Is Democratizing Market Research

    NATIONAL REAL ESTATE INVESTOR

    Digital technologies have democratized existing data that’s historically been controlled by giant brokerages. The recent emergence of data-driven toolshas transformed the way that commercial real estate firms of all sizes approach their operations. As buzzy a term as “disruption” may be, there’s no denying that the ongoing Fourth Industrial Revolution has already managed to redefine the mechanics of many well-established industries. Nowhere is this truer than commercial real estate. One…

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  • WeWork Adds More Than a Dozen New Locations in July

    WEWORK

    WeWork announced this week that it is opening 13 new buildings in July. Counting additions to eight existing buildings, that’s a total of 21 openings in 19 cities and 12 countries. More than half of the new openings are in Asia, with three in China: Huamu Lu in Shanghai, Beijing FUN in Beijing, and Cityplaza Three in Hong Kong. In the historical center of Beijing, Beijing FUN has more than 120 years of history. The building’s facade is a work of art in itself, composed of brick and stone s…

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  • Nestio Announces It Has Raised $4.5 Million in Strategic Growth Capital From Some Of The Biggest Names In Real Estate

    NESTIO

    — The industry’s leading real estate marketing and leasing platform plans increased technology development and market expansion — New York, NY — July 11, 2018 — Nestio, www.nestio.com,  the leading marketing and leasing platform for multifamily owners and managers, announced today it has secured $4.5 million in strategic growth capital, expanding the company’s total amount raised to over $16 million. The round was co-led by Camber Creek and Trinity Ventures with participation from some of the…

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  • WeWork Rival Convene Raises $152 Million to Fuel Its Expansion

    BLOOMBERG

    Convene, a New York-based real estate startup that specializes in flexible meeting and working space, has raised $152 million from investors including Revolution Growth, Brookfield Property Partners LP and the Durst Organization, its co-founders said. The Series D round values the company at more than $500 million, according to a person with knowledge of the matter who asked not to be named. Revolution, RXR Realty, David Rubenstein’s Declaration Capital and QuadReal Property Group are among t…

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  • Compass acquires San Francisco resi brokerage that did $2.3B in sales

    THE REAL DEAL

    Deal for Paragon’s 225 agents and 8 offices makes Compass top brokerage in SF. Compass is forging ahead with its national expansion by acquiring Paragon, a 225-agent firm in San Francisco that closed $2.3 billion in sales last year. The deal, announced Monday, will boost Compass’ ranks to 500 agents in the Bay Area, two years after it launched there, making it the top agency in San Francisco by sales volume and market share, Compass said. The purchase will better position the New York-base…

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  • Exclusive Interview with CEO and Co-Founder, Chase Garbarino of HqO

    CRETech

    Chase Garbarino is the CEO and co-founder of HqO, a tenant engagement platform that helps landlords optimize their property and create a workplace experience that tenants will love. Chase’s background and expertise lies in building and implementing technology that connects professionals to real-world communities. Prior to HqO, Chase founded VentureApp, a business community platform, and Streetwise Media, which was acquired by American City Business Journals in 2012. Chase is also an angel invest…

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  • Industrious Enters San Francisco Coworking Scene

    BISNOW

    Industrious is the next major coworking provider to enter the San Francisco office market. The company’s first San Francisco location will be at 1700 Montgomery at Waterfront Plaza and is expected to open in the fall. This site will be Industrious’s third partnership with Jamestown, the landlord for Waterfront Plaza. The coworking firm also partnered with Jamestown at Ponce City Market in Atlanta and Ballston Exchange in Arlington, Virginia.  Industrious is one of several coworking companies ent…

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