Latest in Commercial Real Estate Tech News by CREtech

LEADING PROPTECH COMMUNICATION AND OPERATIONS PLATFORM MAKES U.S. DEBUT AT CITADEL OUTLETS IN LOS ANGELES

Mallcomm USA

4/27/2018

Managing Critical Messaging in Shopping Centers LOS ANGELES, CA, APRIL 12, 20018 – Leading management platform Mallcomm has made its US debut at Craig Realty Group’s Citadel Outlets in Los Angeles. Mallcomm has transformed retailer engagement, and streamlined operations, in some of the world’s busiest malls and shopping areas such as London’s West End, and across portfolios for owners such as Unibail-Rodamco with a portfolio capital value of $61.1 billion. Mallcomm has more than 250,000 u…

The Stuffiest Of Occupier Sectors Is Embracing AI And It Means They Need Less Space

Bisnow

4/27/2018

Almost half of London law firms are using artificial intelligence in their business and it means they are likely to need less office space. According to a survey by CBRE of 100 law firms, 48% of law firms are already using AI and a further 41% have imminent plans to do so. Of the firms already employing AI, 63% are using it for legal document generation and review, and the same proportion for e-discovery. Due diligence (47%) and research (42%) were also common applications, along with compliance…

Compass hires chief revenue, marketing execs from Spotify, Eventbrite

The Real Deal

4/27/2018

Compass is adding to its C-suite with two new hires from the online ticketing company Eventbrite and music streaming service Spotify. Matt Rosenberg, who was chief revenue officer at Eventbrite, will hold the same position at Compass, after Rob Lehman was promoted to chief growth officer in February. Comapss also hired Khurrum Malik — an executive from Spotify— as chief marketing officer, after Matt Spangler was promoted to chief creative officer last month. At Spotify, Malik headed global…

Rapid Startup Growth in These 4 Cities Has Led to Big Changes in Commercial Real Estate

Entrepreneur

4/27/2018

According to PwC’s “2018 Emerging Trends in Real Estate — U.S. and Canada,” Seattle is set to become the strongest real estate market in the country this year. Driven by a massive influx of young, highly educated new residents — the city’s population growth rate is twice the national average, and the metro area is expected to gain nearly 30,000 new residents annually through at least 2022 — Seattle appears ready to stake its claim alongside cities like San Francisco and New York City as a tru…

Tech Beat: Yardi’s New Mobile App, Stanley Teams Up With Accushield

Senior Housing News

4/26/2018

Yardi Unveils CRM Mobile App Yardi, a provider of real estate investment and property management software solutions, has introduced a mobile app for its Yardi Senior CRM product. Yardi Senior CRM delivers visibility into marketing and sales activities with customer relationship management (CRM) tools designed for senior living providers. The new mobile app allows users to securely view and edit CRM information via iOS and Android devices. Specifically, senior living providers can add, review and…

Managing Director Appointed to Lead Proptech Accelerator

Globe Newswire

4/26/2018

Technology industry veteran joins Techstars to partner with Colliers on industry-shaping program TORONTO, April 23, 2018 (GLOBE NEWSWIRE) — Colliers International Group Inc. (NASDAQ:CIGI) (TSX:CIGI), a global leader in commercial real estate services, and Techstars, the worldwide network that helps entrepreneurs succeed, today announced that Ben Liao has joined as Managing Director of the Colliers Proptech Accelerator, Powered by Techstars. In this new role, Liao will work clo…

Squarefoot is on a Roll

CRETech

4/26/2018

Jonathan Wasserstrum is one of my favorite people in CRE tech. Humble, hard working, wicked smart and runs an amazing platform. We originally met when I first joined the CRE tech sector around 2011-ish. And as soon as we connected, I knew he would be successful in whatever he did. He’s just one of those people you meet that have the drive and determination to succeed– no matter the obstacles that appear on a daily basis (for all of us in the space). And succeed he has. Although I am sure …

WeWork documents reveal it owes $18 billion in rent and is burning through cash as it seeks more funding

Business Insider

4/26/2018

WeWork, the office-leasing startup, is looking to raise more cash through its first bond sale, despite already raising billions in venture funding. WeWork is planning to sell $500 million (£358 million) in high-yield notes, per reports from the Financial Times and Bloomberg this week. And bond documents reviewed by the two publications reveal some startling numbers — here’s a summary: WeWork owes $18 billion in rent. The company has more than 14 million square feet of office space, …

Dealpath, CompStak form alliance

The Real Deal

4/26/2018

Real estate acquisitions management platform Dealpath and data company CompStak formed a “strategic partnership,” the latest case of tech startups banding together to appeal to a broader swath of customers. Under the agreement, people who subscribe to both products can integrate them and look at CompStak’s data on the Dealpath platform. Dealpath, founded in 2014 by Mike Sroka, Kenter Wu and Andy Lee, runs an online platform to help acquisition teams manage potential deals. Sroka said his custo…

Measurabl Closes $7M Series A Funding

PR Web

4/26/2018

Measurabl, the world’s most widely adopted software platform for sustainability data management, benchmarking, and reporting closed $7 million in Series A funding today. Camber Creek, a real estate technology focused venture capital firm, led the round with participation from UK-based real estate tech investor Concrete, real estate asset manager DivcoWest, Salesforce Ventures, Sway Ventures, and returning investors Borealis Ventures and Impact Engine. Over 26,000 commercial buildings representi…

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LEADING PROPTECH COMMUNICATION AND OPERATIONS PLATFORM MAKES U.S. DEBUT AT CITADEL OUTLETS IN LOS ANGELES

The Stuffiest Of Occupier Sectors Is Embracing AI And It Means They Need Less Space

Compass hires chief revenue, marketing execs from Spotify, Eventbrite

Rapid Startup Growth in These 4 Cities Has Led to Big Changes in Commercial Real Estate

Tech Beat: Yardi’s New Mobile App, Stanley Teams Up With Accushield