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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  • Online Grocery Sales Skyrocketing Despite Dearth Of Warehouse Space

    Bisnow

    The demand for home delivery of groceries ordered online is skyrocketing.  Everyone wants what they want and they want it now, said Michael Roe, an account executive with warehouse operations firm DMW&H. “Don’t just blame the millennials,” he said. “It’s every generation.” Flickr/Mark Hunter It is the mom who does not want to drag her kids through a 200K SF store and lose one along the way. It is the baby boomer who does not want to go out in the snow to pick up milk and eggs. The statistics…

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  • Dial P for Privacy: The Phone Booth Is Back

    NY Times

    A private phone booth at the SoHo branch of The Wing, an all-female co-working space. This one is named after Ramona Quimby, the young heroine in a series of Beverly Cleary novels.CreditDolly Faibyshev for The New York Times For much of the 20th century, the phone booth was a steadfast and essential installation of modern life, from bustling cities to tumbleweed-strewn desert gas stations. Tippi Hedren was attacked in one in “The Birds,” Clark Kent frequently changed to Superman…

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  • This startup just raised $5 million to automate the clunky real estate appraisal process

    Techcrunch

    When Noah Isaacs and John Meadows were best friends growing up in Berkeley, Calif., they dreamed of remaining friends for life. What they didn’t imagine was living together in New York and starting a company together — yet they have. It’s called Bowery Valuation, and it’s aiming to bring commercial real estate appraisals — currently an $8 billion market — into the modern era at long last. Investors certainly see the need for an upgrade. The nearly three-year-old outfit just raised $5 million …

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  • Forget Amazon Go’s Checkout-less Shopping. These 4 Retail Trends Are Coming Sooner

    Inc.com – Headlines

    With the much-anticipated launch of its convenience store Amazon Go, the e-commerce giant seemingly ushered in the next big trend in retail: the absence of cash registers and the people needed to work them. In fact, there's already a startup called AiFi working on the technology–which involves artificial intelligence, cameras, and sensors–that would allow any retailer to convert their shops into "grab and go" operations where customers simply take items from shelves and leave.  …

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  • 3 Broker Pain Points That Can Be Cured with Technology

    REthinkCRE Blog

    Some of the most common challenges that brokers in real estate face come as a result of inefficiency or mismanagement. Commercial real estate is a demanding field that requires a lot of time to be spent on networking and building connections, and if you haven’t made the switch to software solutions, you’re placing yourself at a serious disadvantage. Here are three of the more common pain points that brokers who don’t embrace technology face, and how they can use technology to fix them. 1. Unable…

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  • You Can Pay For A Stay At This Entrepreneur-Friendly Hotel In Bitcoin

    Bisnow

    A new hotel is targeting modern entrepreneurs with communal business accommodations that can be paid for with cryptocurrencies bitcoin and Ethereum. Unsplash/Annie Spratt Venture Hotel, a product of the company Tribe Theory, wants to provide affordable accommodations to early entrepreneurs and startups in burgeoning tech markets like Southeast Asia, where rates can average $180 per night. The concept, which is currently only available in Singapore, offers shared dorm rooms, co-working spaces, fr…

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  • Interior Define, Custom Furniture Retailer, Secures $15 Million in Series B Round

    Business Wire

    CHICAGO–(BUSINESS WIRE)–Interior Define (I/D), custom furniture retailer, announced today the closing of a $15 million Series B round of financing. The round, led by Pritzker Group Venture Capital and Fifth Wall, will be used to invest in physical locations, technology, and team members that bolster I/D’s disruptive approach to the furniture category. Interior Define, custom furniture retailer, announces closing of $15 million Series B raise Tweet this “In 2017 we tripled our revenue fo…

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  • Growing Flexible Workspace Provider Premier Business Centers Takes a Bite Out of the Big Apple

    AllWork

    Facebook Twitter Linkedin New York City – Irvine, California based Premier Business Centers is one of the largest privately owned flexible workspace operators in the U.S. with 90 shared workspace locations. Premier has acquired its 1st location in the great state of New York by purchasing Prime Office Centers’ 521 5th Avenue, 17th Floor, New York, NY 10175 location. The building is in a very prestigious area on 5th Avenue, located steps away from Bryant Park. The center was recently remodeled, b…

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  • The Construction Industry Knows It’s Behind The Curve In Embracing Technology, And Is Working To Catch Up

    Bisnow

    Commercial real estate has been slow to embrace technology as an agent of change. The panelists at Bisnow’s Future of Construction event Tuesday at the ASA Chicago Construction Expo & Safety Conference agreed their part of the industry has been very slow to adopt technology into their regular work habits. Chuck Sudo/Bisnow Faegre Baker Daniels principal Patrick Miller, Leopardo Cos. Vice President of Safety Ralph Barszcz, Skender Chief Technology Officer Kevin Bredeson, McShane Construction …

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  • Ex-Uber CEO will invest in real estate startups through new fund

    Inman News – Features

    Ousted Uber founder Travis Kalanick has found his next venture — and part of it is in real estate. The former ride-hailing company CEO will invest in tech startups in real estate, e-commerce and emerging innovation in China and India through a new fund called 10100 or “ten one-hundred.” “Over the past few months I've started thinking about what's next. I've begun making investments, joining boards, working with companies, working with entrepreneurs and nonprofits. Today I'm a…

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