Latest Trends and Insights in Real Estate Technology

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  • Double or nothing: Compass expands in Midtown at SL Green property

    The Real Deal

    Compass is more than doubling its footprint in Midtown with a deal to add 32,000 square feet at SL Green Realty’s 10 East 53rd Street. The residential brokerage signed an 11-year lease for the fifth and sixth floors of the 37-story building, the firm said. The deal gives Compass a total of 49,000 square feet at the tower, a 390,000-square-foot property just east of Fifth Avenue. Compass leased 17,000 square feet on the 16th and 17th floors last year. The asking rent was in the mid-$70s per…

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  • Future Factory: How Technology Is Transforming Manufacturing

    CB Insights

    Lights-out manufacturing refers to factories that operate autonomously and require no human presence. These robot-run settings often don’t even require lighting, and can consist of several machines functioning in the dark. While this may sound futuristic, these types of factories have been a reality for more than 15 years. Famously, the Japanese robotics maker FANUC has been operating a “lights-out” factory since 2001, where robots are building other robots completely unsupervise…

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  • Etsy Is Reining In Brick-and-Mortar Ambitions, Alienating Sellers

    Bloomberg

    Natalie Jacob has been selling jewelry on Etsy Inc. almost since its founding more than a decade ago. As Etsy grew, so did her business, until she could afford to do it full-time. So when the company started Etsy Wholesale to link sellers with brick-and-mortar retailers looking for one-of-a-kind goods, Jacob jumped at the chance. Etsy Wholesale even got her jewelry into Macy’s flagship Herald Square store in New York during the holiday shopping season.

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  • Blurred Lines: 10 Tie-Ups Where The Real Estate And Tech Worlds Are Working Together

    Bisnow

    The Urban Land Institute and PwC’s Emerging Trends In Real Estate Global report published in March had a big focus on the disruption the tech sector has unleashed on real estate. But the report also highlighted the many ways traditional real estate firms and tech companies are combining to drive innovation in the sector. Here are 10 key instances where the lines have been blurred. Flickr 1. Developers embrace Airbnb In December, Brookfield committed to invest $200M in Niido, a concept created by…

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  • Uber to Buy Jump, Maker of Electric Bicycles, After Bike-Sharing Test

    NY Times

    SAN FRANCISCO — Uber started a pilot program in San Francisco to allow its customers to reserve “pedal-assist” electric bicycles within its ride-hailing app in January. Now, Uber says it plans to buy the company behind the bike-sharing service and bring that capability to other cities around the world. In a blog post Monday morning, Uber said it reached an agreement with Jump Bikes, a provider of battery-powered bicycles, for an undisclosed sum. It would be the first acquisition for Uber si…

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  • Don’t Miss These 4 New Features in RealNex 3.0

    RealNex

    RealNex is stepping things up in the CRM world with the launch of RealNex 3.0. This new release includes new features and integrations between MarketEdge, MarketPlace and CORE CRM. RealNex 3.0 is a single solution that can be used during the entire commercial real estate deal process from inception to the finalized deal. RealNex 3.0 eliminates repetitive data, provides detailed financial analysis and report capabilities, and creates listings with one click that are freely available to the entire…

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  • WeWork rival Knotel is now valued at $500M

    The Real Deal – New York

    Knotel closed a $70 million in a Series B funding round on Tuesday, with plans to expand rapidly and muster a serious challenge to industry leader WeWork. The flexible office space startup led by Amol Sarva has now raised $100 million between two seed rounds, and is valued at $500 million, according to research firm Pitchbook. Knotel, which in the past two years has leased more than 1.1 million square feet in New York, San Francisco and London, said the new funding will allow the company to doub…

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  • 2018 Top 20+ Commercial Real Estate Conferences to Attend This Year

    CRETech

    With conference season in full swing, here are some of the top commercial real estate events for industry professionals. I hope you will join CREtech at many of these events and connect with us! You can expect the tech revolution to continue with this year’s trade shows and conferences highlighting the technology changing how CRE professionals conduct business. SIOR Spring World Conference April 11 – 14, 2018 Austin, TX Nothing beats face-to-face networking to build relationships. Everyo…

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  • Allen Buchanan: Will technology replace commercial real estate brokers?

    The OCR

    Much has been written about disruption in the commercial real estate industry. Millions of dollars have been invested to eliminate our role in a transaction. So, the question I explore today is “will we be replaced by technology?” My simple opinion is: not in the immediate future. Please indulge me while I share my reasoning. Reasons why not: No two parcels of commercial real estate are the same. You could have two industrial buildings with similar square footage in the same city that have …

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  • Salesforce is working on a blockchain product

    Techcrunch

    Salesforce has always been a company that is looking ahead to the next big technology, whether that was mobile, social, internet of things or artificial intelligence. In an interview with Business Insider’s Julie Bort at the end of March, Salesforce co-founders Marc Benioff and Parker Harris talked about a range of subjects including how the company came to be working on one of the next hot technologies, a blockchain product. Benioff told a story of being at the World Economic Forum in Switze…

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