Latest Trends and Insights in Real Estate Technology

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  • Proptech attracting attention from major CRE players

    Connected RE Magazine

    Brookfield investing heavily in proptech for its commercial real estate business Proptech is a hot buzzword in the world of commercial real estate. The portmanteau refers to bringing new technologies, largely dependent on wireless connectivity, to bear on commercial properties. Perhaps the best known company in this category is OpenDoor, which shifts the paradigm for home sales–the company uses an algorithmic approach to purchase homes for cash, which it then sells to prospective buyers. But th…

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  • LetsGetSocial18 Is Coming!

    The Broker List Blog

    It’s hard to believe but ICSC RECon 2018 in Las Vegas is just two months away. We are excited to announce that #LetsGetSocial18 will once again kick off this annual extravaganza. As in the last two years, we’ll be holding it from 5:00pm to 7:00pm at the Sports Bar at Aria. It’s a great opportunity to say hello to old friends and colleagues, and meet some new ones, too! There’s no better way to put faces to all those Twitter handles you’ve following.  This year’s event is being hosted by Buildout…

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  • Google’s parent company is building a futuristic neighborhood in Canada — but locals don’t want to live in a ‘new Silicon Valley’

    Business Insider – Money

    In October 2017, Sidewalk Labs — the urban innovation unit of Google parent company Alphabet — announced plans to develop a high-tech neighborhood in Toronto, called Quayside. Sidewalk Labs recently held its first public roundtable with Toronto residents to discuss their thoughts and concerns about the project. In the company’s summary, locals expressed worries that Quayside would become a “new Silicon Valley,” bringing issues like gentrification/higher housing prices and income inequality. Sili…

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  • Cybersecurity: A Major Capital Opportunity

    Cushman & Wakefield San Francisco Blog

    Cushman & Wakefield Global SitePeople FinderProperty ListingsContact Us Cushman & Wakefield San FranciscoUnique Perspectives on the Commercial Real Estate Scene HomeMarket ResearchIn the NewsBlog Cybersecurity: A Major Capital Opportunity SAN FRANCISCO, Ca., April 25, 2018 – A new report released by Cushman & Wakefield explores the rapid growth of cybercrime, the response of the cybersecurity industry and its impact on commercial real estate, especially in key technology and finance …

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  • Kahua selected by Lendlease Americas to enhance project delivery

    Kahua

    The Kahua Network will integrate the Lendlease supply chain, enabling more effective communication to streamline operations. Alpharetta, GA – April 25, 2018 – Kahua, the provider of the world’s premiere collaborative network for real estate and construction project management, announced today an agreement with Lendlease, a leading international property and infrastructure group. Under the enterprise agreement, Lendlease will manage a wide range of its projects throughout the region on The Kah…

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  • GUEST BLOG: Property & the Five Domains of Digital Transformation, by Oli Farago, CEO and Co-Founder of Coyote

    CRETech

    Introducing a series of articles in contemplation of property’s digital future. “If electrification was transformative because it changed the fundamental constraints of manufacturing, then the impact of digital is even bigger because it changes the constraints under which practically every domain of business strategy operates.” My name is Oli Farago and I am CEO of Coyote, a company providing software to property and investment managers. I’m really proud to have been given the opportunity …

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  • The Numbers Behind WeWork’s Growing Empire

    Bloomberg

    WeWork Cos. is tapping the bond market for the first time and in doing so, has provided a rare glimpse into the startling numbers behind its breakneck expansion. The co-working company, which is seeking $500 million to finance yet more growth, has amassed a global portfolio of more than 14 million square feet, approaching the size of the entire office and retail space in London’s Canary Wharf district, according to bond documents reviewed by Bloomberg. In all, the New York company has committ…

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  • Compass acquires Chicago’s Conlon Real Estate

    Inman News – Features

    The acquisition of Conlon Real Estate, founded in 2009 and formerly of Christie’s, will bring Compass’s agent count in Chicago up to 300 agents and a sales volume in 2017 of $600 million, the New York-based brokerage said today in a press statement. Compass acquires Chicago’s Conlon Real Estate

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  • Zillow-grade fever

    The Real Deal

    Eight years ago, Mid-city-based Century 21 broker Ron Escobar was spending $20,000 a month marketing properties on Zillow. Now, he is spending almost nothing. “It used to be a good source for me, but lately the cost per lead skyrocketed,” Escobar said, adding that leads that used to cost $20 now cost $60. “At one point in time, Zillow sold to team leaders. Now they’re diluting it by selling to many agents.” The rising costs of using the service — which vary greatly depending on location and a …

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  • For Warehouse Workers, Technology Starts to Look More Like Home

    WSJ

    PERRIS, Calif.—When Bert Hooper brings on new workers at TechStyle Fashion Group’s 450,000 square-foot warehouse, he tells them, “If you know how to use a smartphone and you know how to use an app, you can do about any operation that we have in our facility.” As the head of global fulfillment at the online retailer, Mr. Hooper designed TechStyle’s five e-commerce warehouses to run on Apple Inc.’soperating system with a user-friendly application that he says cuts training time in half for new …

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