Someone Figured Out How To Streamline The RFP Process

One of the biggest challenges for real estate owners and operators is finding and retaining quality vendors. It’s a long and timely process. You put out an RFP, and wait. You review the bids; conduct research on the vendor, hire them and hope that the company’s work is good, so that you don’t have to go back to point A. YINC—a new app company—promises to end the vendor-related headaches. The software has streamlined the process of finding and hiring vendors, promising a competitive bid process t…

Knotel takes four floors at building that Isaac Chetrit plans to replace with skyscraper

Knotel is continuing its leasing tear with a new deal at Isaac Chetrit and Sioni Group’s Garment District building, which the developers are planning to eventually replace with a skyscraper as tall as 1,005 feet.

Fantasmo is a decentralized map for robots and augmented reality

“Whether for AR or robots, anytime you have software interacting with the world, it needs a 3D model of the globe. We think that map will look a lot more like the decentralized internet than a version of Apple  Maps or Google  Maps.” That’s the idea behind new startup Fantasmo, according to co-founder Jameson Detweiler. Coming out of stealth today, Fantasmo  wants to let any developer contribute to and draw from a sub-centimeter accuracy map for robot navigation or anchoring AR experiences….

A Blockchain Building in Bushwick

From the outside, 304 Troutman Street in Bushwick, Brooklyn, looks fairly ordinary. In most ways, it is. But this nondescript three-story, five-unit rental building is part of an experiment in using the blockchain technology behind Bitcoin to transform the New York housing market.

Fifth Wall raising another $200M for retail tech startups

Real estate tech startups may have a busy summer ahead if they are looking to seize more venture capital money.

Jabbrrbox: An airport lounge all to yourself

GUEST BLOG – Could Big Data Unlock Big Real Estate Commissions?

– By Turner Levison, Co-founder and CEO of CommissionTrac We’ve all probably heard the term “big data” by now, but let’s talk about this HUGE concept in the realm of commercial real estate. Big data is the “in” thing for real estate technology. For all the talk of its benefits and various applications, what real estate agents and brokers really want from big data is to improve their bottom line. That’s accomplished by either, a) more deals, or, b) bigger deals. How can big data play a role in i…

Making Sense of the Cloud for Construction and Development

Consider Five Key Categories When Choosing a New Enterprise System By Michael Mullin, President Integrated Business Systems (IBS) Totowa, N.J. Construction and commercial real estate development professionals know that the right equipment is key to a successful project – and ultimately to the long-term health of a company. It is a given they would never use a shovel for a job that calls for a backhoe. Yet many practitioners continue to rely on legacy accounting systems instead of stepping up…

Takeover Battle For IWG Could Throw Light On WeWork’s $20B Valuation

The three-way bidding war to acquire U.K.-based shared office pioneer IWG values the company at $4.1B including debt, just seven times its earnings, the Wall Street Journal reports. That is in considerable contrast to WeWork’s valuation of more than $20B, or about 20 times its earnings.

New Retail Ideas And Tech On Full Display At ICSC

Bisnow/Joseph Pimentel The Innovation Exchange at ICSC RECon 2018 LAS VEGAS — Projection-based video storefronts for advertisements, dressing rooms with 3D body scanners and an indoor hydroponic system to possibly supply a mall’s food court restaurants with fresh greens — the possible future of retail was on display at International Council of Shopping Centers’ RECon.