Latest Trends and Insights in Real Estate Technology

Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.

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  • Fifth Wall and Lennar Invest in Blend in Marquee Transaction

    Medium

    Leading real estate tech VC and the U.S.’s largest home builder consummate strategic deal with preeminent Silicon Valley company revolutionizing modern consumer lending For decades, the estimated $2.5 billion U.S. consumer lending industry has been prime for an innovative technological solution to streamline mortgage origination, brokerage, lending, and workflow processing. The mortgage business of the future will facilitate a better experience for both lenders and borrowers. In a landmark dea…

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  • The Behind-the-Scenes Vibe at Uber and Lyft

    WSJ

    Most of us think of ride-sharing services Uber and Lyft as virtual outfits—a vast, digital web of drivers connecting with passengers via app. But if you were a driver, you’d have a different perspective: Uber is a place. And so is Lyft. Both companies operate hubs which their drivers, who are contract workers, can visit to sign up, resolve problems or just get a free coffee and use the bathroom. And in New York City, strangely enough, the rivals maintain hubs in the same b…

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  • A Big Chunk of Israel’s Tech Scene is Actually Based in New York

    Bloomberg

    Last year, Ben Fried pitched a fintech startup to Israeli investors — and got nowhere. The venture firms wanted to see if he could sell the idea in the U.S. first. “I’ve heard it from many investors,” says the former Israeli Air Force captain. “They push you out the door as soon as possible.”

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  • CRE Still Using Outdated Technology, Report Proves

    CommissionTrac

    For all our talk that spreadsheets are dead, a new report from MRI software shows that commercial and multifamily real estate firms are still using antiquated technology to handle some of their most important work. It’s hard to believe companies still use spreadsheets to track and calculate their data. They might as well be using an abacus. Over and over, on this blog and many others, we have touted the benefits of technology in real estate. We know that more real estate firms are e…

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  • JLL Spark acquires SaaS-based real estate asset management company Stessa

    JLL

    Investment bolsters JLL’s position as a catalyst for change in the real estate industry SAN FRANCISCO – March 27, 2018 – JLL Spark, a division of JLL (NYSE: JLL), today announced its acquisition of Stessa, a software-as-a-service (SaaS)-based real estate technology platform that allows investors in income properties to easily and cost-effectively track, manage and communicate the performance of their portfolios. This is the first strategic acquisition by JLL Spark since its inception and del…

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  • The Evolution of Commercial Real Estate Technology Is About The Evolution of The Commercial Brokerage Model

    CRETech

    That’s what Martin Pupil, President US Brokerage of Colliers International told me in a recent conversation we had. And he is spot on. He also made this comment which really stood out to me: “If there is going to be disintermediation, then we need to be talking about, understanding it and getting in front of it.” I connected with Marty to learn more about two recent announcements that came across my inbox (Techstars and LiquidSpace announcement). I had known Colliers International Executive V…

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  • MIT Center for Real Estate Convenes Global Gathering of Industry Leaders

    MIT Center for Real Estate

    Panelists at May 21-22 World Real Estate Forum to Focus on Technology, Innovation, Growth Markets, Cross-Border Capital, Development Opportunities CAMBRIDGE, Mass. (March 27, 2018) – The MIT Center for Real Estate announced today that it will host the World Real Estate Forum on May 21-22, 2018, an unparalleled gathering of more than 400 industry thought leaders, distinguished faculty, innovative researchers and alumni who will engage in a wide-ranging conversation about the global real estate…

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  • How Google became a Manhattan landlord

    The Real Deal – New York

    If Google’s $2.4 billion buy of 75 Ninth Avenue last week from Jamestown Properties is any indication, the tech giant has started to piece together something of a second headquarters in Manhattan. Between its monster $1.77 billion deal for 111 Eighth Avenue in 2010 and its lease deals at 85 10th Avenue and RXR Realty and Youngwoo Associate’s upcoming Pier 57 project, Google has assembled a fiefdom that stretches along West 15th Street from Eighth Avenue out to the waterfront pier. And it’s come …

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  • Uber blocked from testing self-driving cars on Arizona roads

    Techcrunch

    Uber has been barred from testing its self-driving cars on public roads in Arizona following the accident last week involving one of its testing vehicles that killed a pedestrian crossing the street in its path. Arizona Governor Doug Ducey released a letter sent to Uber CEO Dara Khosrowshahi  in which he described the accident as captured by onboard cameras as “disturbing and alarming.” The governor, who has been a strong proponent of self-driving testing in th…

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  • Workplace Amenity Of The Future: Software Robots To Complete Mundane Tasks For Employees

    Bisnow

    Software robots are having a big impact on the way employees work. These bots, which do not have a physical form as they reside on servers or in the cloud, will increase productivity by allowing human workers to focus on more complicated and engaging tasks while the bots take care of repetitive or rule-based tasks, the Wall Street Journal reports. Pixabay/StartupStockPhotos Companies like Ernst & Young and Walmart Inc. use these bots to help provide information to human resources, as well as…

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