Latest Trends and Insights in Real Estate Technology

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  • Travis Kalanick is already back running a company with a $150M investment

    Techcrunch

    Travis Kalanick,  the former Uber CEO who was shown the door in June last year amid a series of major controversies, has already found his next leading role following his announcement of a new investment fund just weeks ago. Kalanick said on Twitter that his fund would be investing $150 million to take a controlling interest in City Storage Systems, or CSS. He will also be running the company as CEO, according to Recode. It’s a holding company focused on redevelopment of distressed real estat…

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  • On the Startup Road with Planned Grocery

    CRETech

    I had the pleasure of meeting David and his co-founder, George, at our New York Event in December. They have some really amazing things happening right now including the launch of Planned Grocery 2.0 which was just released on Monday! I hope you will check out this new release and keep your eye on Planned Grocery for more exciting things coming out of the pipe in the future! Michael Beckerman: What’s the history of the company? What are the backgrounds of the Founders? David Beitz: Ou…

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  • FedEx Follows Amazon Into the Robotic Future

    NY Times

    KERNERSVILLE, N.C. — As soon as the first robot arrived at a FedEx shipping hub in the heart of North Carolina tobacco country early last year, talk of pink slips was in the air. Workers had been driving the “tuggers” that navigated large and irregular items across the vast concrete floor of the 630,000-square-foot freight depot since it opened in 2011. Their initial robotic colleague drew a three-dimensional digital map of the place as it tugged freight around. A few months …

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  • Uber halts self-driving car tests after first known death of a pedestrian

    CNBC

    Uber is temporarily halting self-driving car tests in all locations after a deadly accident, in what is likely the first pedestrian fatality caused by a self-driving car. Programs in San Francisco, Pittsburgh, Phoenix and Toronto will be paused after a woman was hit and killed overnight by an Uber self-driving car when walking across a street in Tempe, Arizona. The Governors Highway Safety Association estimates that there were about 5,984 pedestrian fatalities in 2017, and none have been p…

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  • Blue Apron to Sell Meal Kits in Stores to Buttress Sagging Deliveries

    WSJ

    Blue Apron Holdings Inc. APRN 0.93% will try to give its struggling business a boost by selling meal kits in stores, acknowledging that its subscription-only model isn’t enough in an intensifying fight to fill people’s dinner plates. One of the first meal-kit companies, Blue Apron has been losing customers amid increased competition and distribution problems. The company reported 750,000 subscribers last month, down from a peak of over 1 million last year. Its shares, down 46%…

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  • New Partnership Brings Commercial Property Data to EDOs

    OfficeSpace Blog

    Leave a Reply Cancel reply Your email address will not be published. Required fields are marked * Comment Name * Email * Website Notify me of follow-up comments by email. Notify me of new posts by email. Post navigation Previous PostPrevious Susie Algard appoints Mark Ashida as new CEO of OfficeSpace.com Search for: Search Recent Posts New Partnership Brings Commercial Property Data to EDOs Susie Algard appoints Mark Ashida as new CEO of OfficeSpace.com 2017 recap: more listings, more connection…

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  • CRE Tech Sector Headed for Defining Moment

    Multi-Housing News

    Last year was an active period in commercial real estate technology, and the details are all broken down in CREtech’s 2017 End-Year Report, which indicates that there’s much more to come as the sector approaches a watershed period in its lifecycle. “Judging by the size of the crowds at our events, the caliber and geographic scope of the attendees and the innovation that is driving the industry, there is no doubt in my mind that the commercial real estate tech sector is at a tipping point in its …

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  • WeWork inks first deal with publicly traded Hong Kong landlord

    The Real Deal – New York

    WeWork struck its first deal with a major publicly listed developer in Hong Kong. The co-working company signed an agreement to lease four floors with roughly 55,000 square feet at Swire Properties’ 24-story Cityplaza 3 tower in Taikoo Shing, the Business Times reported. The class-A office tower is eight subway stops away from the Central business district. The rent was not disclosed, but Swire said WeWork will pay market rate. Sign up for China Watch for weekly emails on Chinese real estate inv…

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  • WeWork’s $20 Billion Dream: The Lavishly Funded Startup That Could Disrupt Commercial Real Estate

    CBInsights

    With over $4B in funding, WeWork is expanding aggressively at home and abroad and pursuing diverse investments that have raised eyebrows. But its real-estate-as-a-service offering and trove of data on optimal office design could make the company’s value prop far more than a marketing ploy. WeWork is a real estate company valued like a tech company. At least, that’s the rap on WeWork from critics who think it can’t support its $20B valuation in private markets. Backed…

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  • LinkedIn’s $27 Billion Challenge: Get People to Use It More

    WSJ

    At LinkedIn, new features such as an ‘interest panel’ highlighting user groups and hashtags are meant to get people visiting the site more often. Josh Frank spent nearly 11 years building up a virtual Rolodex of more than 700 LinkedIn contacts. But when he recently sought guidance on expanding his Detroit online marketing consultancy, Mr. Frank turned to the e-commerce groups he belongs to on Facebook and the messaging service Slack. He visits LinkedIn about once a month, he says, mainly t…

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