Latest Trends and Insights in Real Estate Technology

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  • Blackstone Thinks It Can Make A Killing As Others Rush Into Coworking Too Late

    Bisnow

    Blackstone thinks it has already spotted one of the big opportunities of the next downturn. A rush of companies and investors coming into the coworking sector late in the cycle with little knowledge of running those businesses will create an opportunity for consolidation, Blackstone Managing Director in the U.K. James Lock said. Speaking at a CBRE event, Lock said that as the economy slowed, some market participants would become distressed and provide opportunities, EG reports. “There are a lot …

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  • State says StreetEasy’s Premier Agent program may be illegal

    The Real Deal

    StreetEasy’s highly profitable Premier Agent program violates New York state advertising laws, according to regulators. Sources said the New York Department of State, which has been looking into the agent advertising program since last year, shared its position with stakeholders — including StreetEasy parent Zillow Group — in recent weeks in advance of issuing formal guidance on the topic.

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  • Zillow sees 22% boost in Q1 revenue

    The Real Deal

    Zillow Group saw a 22 percent increase in revenue in the first quarter, largely driven by its Premier Agent business.

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  • Future of Real Estate Summit in Miami

    Geek Estate

    There is an upcoming Future of Real Estate Summit in Miami that some of you may be interested in (press release here). The one day gathering is June 12th. I had the chance to ask Pamela Simon a few questions about the event to help you determine whether it’s worth making the trip, or applying to the competition if you’re a founder reading….

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  • Unexpected Uber Demand Forced Braves To Make Changes At SunTrust Park

    Bisnow

    It turns out the nightmare facing attendees of The Battery at SunTrust Park wasn’t traffic. It was Uber.  

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  • Manhattan Office Rents Increase With Internet Certification

    Globest

    WiredScore, a New York-based company, provides Wired Certification. This rates building internet connectivity at four levels: platinum, gold, silver and certified. CoStar, the CRE information and analytics company, added this feature to its buildings’ profile pages….

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  • FuturePropTechUK 2018 Summary.

    Duke Long Blog

    Ah, the fair weather (drizzly, rain and fog) that is London and the Future PropTech UK Event. As I was graciously invited and was more than excited to attend I thought I would do one of my “famous” personal and up close take of the event from my own eyes. Let’s get started, shall we…with a Video from PlaceTech.

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  • C Funding in Real Estate Tech Leaped to $12.6B in 2017: Report

    Commercial Observer

    Global venture capital investment in the real estate technology sector swelled to roughly $12.6 billion in 2017 despite a notable drop in the number of investment deals in the proptech industry, according to a new report from real estate tech research and marketing agency Re:Tech.

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  • If WeWork Disappeared Tomorrow, No Single Landlord Would Suffer A Catastrophe

    Bisnow

    Coworking giant WeWork has been expanding at a lightning pace recently, nearly doubling its square footage in 2017, but no single landlord — or even a small group of landlords — is overly exposed to WeWork leases.

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  • New technology will cut New York’s emissions and utility bills

    Crain’s

    New York and other states are taking action to reach energy-efficiency targets despite shifts away from efficiency initiatives at the federal level. The Cuomo administration just announced ambitious new standards for New York to reduce energy consumption by 185 trillion BTUs by 2025, equivalent to the energy consumed by 1.8 million homes. Efficiency standards and targets adopted by governments and supported by utilities create jobs, lower consumer energy bills and support overall grid health….

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