Latest Trends and Insights in Real Estate Technology

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  • What Big Real Estate Is Saying About WeWork

    CBInsights

    WeWork is increasingly coming up in discussions by publicly traded companies. We analyze the real estate companies that frequently mention the coworking giant on earnings calls. WeWork splashed into the news recently with a $702M debt financing. As part of the debt raise, WeWork revealed a view into its internal finances, showing substantial growth in revenue, and potentially alarming growth in costs. Outside of the news, WeWork is increasingly coming up in conversation a…

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  • Amazon HQ2 Said No To These Cities, But Also Told Them How They Can Do Better

    Bisnow

    In what some would call closure, Amazon has phoned about 200 bidders across North America that didn’t make the cut for its second headquarters to let them know why they weren’t on the final 20 list. Flickr: Robert Scoble Some of these cities say they are learning from Amazon’s feedback, and are trying to make changes, the Wall Street Journal reports. For instance, in Detroit — which Amazon pointed out doesn’t have much in the way of regional public transportation — civic and business leaders are…

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  • German coworking firm plans 100,000-square-foot flagship on Chicago’s Magnificent Mile

    Miami Herald – Real Estate

    A German coworking firm has opened its first U.S. office in Chicago, and will add a Mag Mile flagship as part of an ambitious expansion. Berlin-based Rent24 recently opened an approximately 15,000-square-foot office in a loft office building at 444 N. Wabash Ave., taking over the space of a local coworking business that previously operated there, Rent24 founder and CEO Robert Bukvic said. It is the first of many coworking locations planned for Chicago and throughout the United States, Bukvic sai…

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  • Choosing a CRE Tech Platform: Find the Solution that Sticks

    Hightower Blog

    Today’s CRE Tech space hardly resembles the world in which my co-founders and I launched VTS in 2012. Back then, only a few startups were knocking on doors and begging people to look at mocked-up versions of their offerings. Today, thousands of tech solutions are on the market. There’s growing awareness about the benefits these solutions provide, including accelerated deal conversion and reduced downtime, an enhanced tenant experience, and more efficient team collaboration. With landlords and br…

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  • Computer Vision Can Help Retailers Manage Inventory — But One Solution Doesn’t Fit All

    CB Insights Blog

    Computer Vision Can Help Retailers Manage Inventory — But One Solution Doesn't Fit All May 2, 2018 Artificial Intelligence Expert Intelligence Retail Tech May 2, 2018 Share Computer Vision Can Help Retailers Manage Inventory — But One Solution Doesn't Fit All on Facebook Share Computer Vision Can Help Retailers Manage Inventory — But One Solution Doesn't Fit All on Twitter Share Computer Vision Can Help Retailers Manage Inventory — But One Solution Doesn't Fit All on LinkedIn…

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  • Reonomy Announces Data Partnerships With WeWork, Cushman & Wakefield, Avison Young

    PR Web

    Reonomy, a leading provider of commercial real estate (CRE) data and analytics, today announced new data partnerships with top CRE institutions Cushman Wakefield, Avison Young and WeWork. The new partnerships come on the heels of $16 million in new funding, and demonstrate continued momentum for Reonomy’s expanded CRE data business, which includes API feeds and data services for enterprise customers in addition to subscription-based web applications. Avison Young, Cushman & Wakefield and We…

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  • Here’s how much money WeWork made — and lost — last year

    The Real Deal

    As a private company, WeWork has always kept its numbers close to its chest, leaving the rest of us guessing how much — or how little — money it makes and whether that justifies a $20 billion valuation. But all that changed this week, when the co-working company filed to issue $500 million in bonds. The bond documents offer a rare glimpse of WeWork’s financial performance. First, the good news: the company doubled its revenues to $866 million in 2017 and the average cost of building out its s…

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  • Brookfield Kicks Off Investment In Commercial Real Estate Tech With $15M For BuildingConnected

    Bisnow

    Brookfield Ventures, Brookfield Asset Management’s new venture fund, has picked its first investment in the commercial real estate industry: $15M for BuildingConnected, a bid procurement platform for the construction industry. pixabay/geralt The investment in BuildingConnected is just the beginning for Brookfield Ventures. The fund plans to invest as much $300M over the next three years in startups in four sectors: real estate, infrastructure, power and private equity, all of which happen to be …

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  • 5 Smart Cities We Can All Learn Something From (And You Might be Surprised Who Made the List)

    CRETech

    There is a crucial ingredient found in all of the Smart Cities around the world that we can all learn something from. It is backing from a supportive local government. We found that to be true when we took a look at five Smart Cities that are getting attention to see what we could all learn from them about what they’re doing right. Here are the top 5: #1: Columbus, OH The Midwest isn’t the first place you think of probably when you think Smart Cities, but three years ago, it was the Capita…

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  • PeerStreet Hires Industry Leader as Chief Real Estate Officer

    Business Wire

    LOS ANGELES–(BUSINESS WIRE)–PeerStreet, an award-winning platform for investing in real estate backed loans, is excited to announce the appointment of John Devereux as Chief Real Estate Officer. He will be based in the firm’s headquarters in Los Angeles, California. “My experience and skills are a great fit at this stage of the company’s evolution, and I look forward to applying them here.” As PeerStreet’s Chief Real Estate Officer, Devereux will be responsible for strategic oversigh…

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