Latest Trends and Insights in Real Estate Technology

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  • Jeff Vinik invests $12 million into Dreamit Ventures, joins board

    Techcrunch

    Real estate investor and Tampa Bay Lightning owner Jeff Vinik has expanded his relationship with Dreamit Ventures through a new $12 million investment into the early stage fund and accelerator, announced earlier this week. The deal will also see Vinik joining Dreamit as a Partner and a member of the Board of Directors. Vinik was already partnered with Dreamit in a formal capacity prior to this investment. In 2016, he worked with Dreamit to launch its UrbanTech hybrid accelerator in Tampa. Unl…

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  • Study: Building More Social Amenities Actually Makes An Apartment Building Less Valuable

    Bisnow

    Apartment buildings with more social amenities, such as pools, fitness centers and clubrooms, have sold for significantly less than those with fewer social amenities in a major U.S. market over the last five years, a new study shows.  JBG Smith The clubroom at Pentagon City’s The Bartlett, one of the apartment buildings NKF’s study classifies as well-designed and highly-amenitized Newmark Knight Frank studied all 124 apartment buildings that have delivered in the last three years and all 26 comm…

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  • This Florida City Is 100% Solar-Powered

    Bloomberg

    Babcock Ranch offers a town-size rejoinder to those who say solar power can’t scale. In the suburbs of Fort Myers in South Florida, Babcock is meant to become America’s first city fueled entirely by the sun, thanks to its 75-megawatt array of solar panels. Only two families have moved in so far, but students from nearby towns have already filled the first of several planned schools, and the footprint includes plans for 19,500 homes and about 50,000 residents. “Along with innovation and change, t…

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  • No Coffee Breaks Needed: Companies Add Software Robots to Workforce

    WSJ

    Companies that began experimenting a few years ago with software programs to automate mundane tasks are reaping tangible benefits now. Hundreds of software robots work alongside human employees at companies such as Ernst & Young and Walmart Inc. where they’re saving employees millions of hours of time. “We’re saving (employees) from repetitive tasks that they tend to enjoy less, and freeing them up to do more meaningful, thought-intensive more focused human work,” said Jeff Wong, global c…

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  • Bitcoin Used To Buy NYC Condos For The First Time

    Bisnow

    Bisnow Archives Magnum Real Estate Group’s Ben Shaoul Two condominiums at an Upper East Side residential development are under contract to sell for bitcoin. It is the first bitcoin real estate transaction in the city’s history, the New York Post reports. The units are at Magnum Real Estate Group’s development at 389 East 89th St. One of the under-contract units is a 624 SF studio priced at $875K and the other is a 989 SF one-bedroom with a den asking $1.5M. There are two separate buyers involved…

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  • These Startups Are Showing Retailers Where To Open Their Next Stores

    Bisnow

    Physical retail is far from dead. As e-commerce players continue to expand their brick-and-mortar presence, including Amazon’s acquisition of Whole Foods Market and the opening of cashierless grocery concept Amazon Go, it is boosting competition and the need for existing retailers to seek an advantage from data. Pixabay Fraught with historic bankruptcy levels and store closures, the distressed retail sector is struggling to overcome e-commerce competition, changing consumer shopping habits and t…

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  • Creating Transparency for Lease Comp Data with Michael Mandel, CEO of Compstak

    Founders Grove Capital

    A former NYC commercial broker, Michael Mandel founded Compstak to fix the inefficiencies of data sharing in the CRE industry. Michael is a regular speaker on the future of commercial real estate, real estate technology, and data transparency. He graduated from Babson College in 2005, where he led the Babson Entrepreneurial Exchange and was a member of the world’s first live-in business incubator, the e-tower. “We took this offline process of people sharing deal information informally and w…

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  • Book preview: Inman’s 360-degree view on real estate leadership

    Inman News – Features

    The following is the introduction to Inman’s book titled “Leadership: How Real Estate Leaders Can Act Decisively to Change the Industry,” a compilation of articles and Q&As published throughout our first-ever Leadership Week. A limited edition of the book will be given to the nearly 200 attendees coming to Inman’s Disconnect in The Desert event on March 26-28 for the opportunity to discuss and debate the industry’s most critical issues and create a plan of action for change. Book cover The r…

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  • Time Management Hacks Every Real Estate Broker Needs To Know

    The Broker List Blog

    Time is a funny thing.  Without the assistance of a clock, you may feel like you spent the best years of your life waiting at the DMV.  Or, you turn around to get your baby a bottle and next thing you know they’re graduating high school.  Because time can fluctuate in such a drastic manner, it’s critical to learn how to manage it.   As commercial real estate professionals, it’s safe to assume that you have goals and objectives for your life.  Yet, no matter how much effort and energy you exert, …

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  • The Balance of Technology. Guest Post John Gessford

    Duke Long Blog

    I remember hearing complaints about the iPhone not being able to extensively customize Settings. Conversely, Samsung’s Galaxy allowed for much more customizing and advanced features. Are Samsung’s programmers that much smarter than Apple’s? I doubt it. It’s my opinion (I don’t have proof) the reason for the lack of advanced features in the iPhone is Apple made a strategic decision to keep things as simple as possible, allowing them to cast a much wider net of users from children to grandparents….

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