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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  • Tech takes over

    Crain’s

    Photo: Buck EnnisEARLY ADOPTER: Ma knew launching in New York City would be key to Zola’s success. In 2013 Shan-Lyn Ma, then head of the food division at flash-sales site Gilt Groupe, wanted to launch her own startup. For months, she and her eventual co-founder, Nobu Nakaguchi, considered what they had learned at Gilt about building customer demand, growing fast and running a retail-meets-tech company. Gilt founder Kevin Ryan invested seed money for their brainstorming ses…

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  • How China’s Stifling Bitcoin and Cryptocurrencies: QuickTake

    Bloomberg Tech

    China, home to the world’s biggest community of Bitcoin miners, is cracking down on cryptocurrency activity. From a halt to virtual currency trading on domestic exchanges to banning initial coin offerings, regulators have taken a proactive role in shaping the stratospheric rise of Bitcoin and its peers. The country’s moves come as President Xi Jinping targets financial risk in the economy following a decade of booms and busts in everything from stocks to real estate. The result: China’s once-dom…

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  • Robo-logistics company Magazino raises $25M for its warehouse bots

    Techcrunch

    German robotics firm Magazino, creator of robots meant to work alongside people in warehouses and the like, has raised $24.8 million to continue development and deployment of its TORU and SOTO robots. The bots are made for the kind of repetitive fetching and transport work that is so common in e-commerce distribution and storage facilities. They’re considerably larger than people, but are designed to move about and interact with the same spaces — ordinary shelves, lanes and tables. The hea…

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  • AirDNA Provides Airbnb Data and Insights For Rental Businesses

    CRETECH

    The AirDNA platform is helping Airbnb investors learn how to identify the most profitable Airbnb investment opportunities all over the world. Its technology traces every data point on every Airbnb listing globally (25,000 cities worldwide), claiming to have the most comprehensive and longest-spanning data set. Algorithms model how much any property listed on Airbnb is earning across all vacation rental platforms. Using local market seasonality and other property signals, the revenue potentia…

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  • While the construction industry eats up virtual reality, the tech has been slow to penetrate the leasing market

    The Real Deal – New York

    About six months ago, a team of architects at Perkins+Will met with executives from a major health care company to discuss the design of new medical exam rooms. The architects suggested a tweak to the planned design, but the client balked. Historically, that interaction would likely have ended with the architects going back to the drawing board, said Iffat Mai, the firm’s digital practice manager. But in this case, the architects handed the client a virtual reality headset. After “walking” throu…

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  • Women’s co-working space The Wing opens Dumbo location

    Crains New York – Everything Real Estate

    The Wing, a co-working operation that mixes sisterhood with celebrity sightings, has crossed the river to Brooklyn. On Monday the company opened its third location, in a 9,000-square-foot ground-floor space in the Clock Tower building in Dumbo. It’s the third Wing to open since the company launched in 2016 as a kind of reinvention of late–19th century women’s clubs. By day it offers desks and Wi-Fi to its women-only membership, and shifts in the evening to women-oriented programming and events, …

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  • Autonomous Cars Are About To Transform The Suburbs

    Forbes

    People look back at an autonomous self-driving vehicle, as [+] By Joel Kotkin and Alan M. Berger Suburbs have largely been dismissed by environmentalists and urban planners as bad for the planet, a form that needed to be eliminated to make way for a bright urban future. Yet, after a few years of demographic stultification amid the Great Recession, Americans are again heading to the suburbs in large numbers, particularly millennials. So rather than fight the tide and treat suburbanizatio…

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  • The Next Big Threat to Consumer Brands (Yes, Amazon’s Behind It)

    WSJ

    Big brands would rather shoppers not ask Alexa. The growing popularity of voice-search assistants poses a threat to the biggest makers of household staples. Already grappling with upstart rivals, changing consumer tastes and the rise of e-commerce, personal-care and packaged-foods makers have yet to figure out how to leverage the technology. Unlike in stores or online, where an array of brands get plenty of exposure, voice-search assistants like Amazon.com Inc.’s AMZN -0.66% Alexa often …

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  • WeWork Made $900M In Revenue In 2017, Plans To Open 200 New Locations In 2018

    Bisnow

    WeWork brought in almost $1B in revenue in 2017 — the year it revealed its plan to become a ubiquitous part of its members’ lives — when it nearly doubled its global footprint, the company’s president revealed. Bisnow: Jon Banister WeWork President and Chief Financial Officer Artie Minson Artie Minson, who also serves as WeWork’s chief financial officer, told Bloomberg WeWork brought in $900M in revenue last year as it opened 90 buildings around the world, including its first in South Americ…

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  • The size of Silicon Valley’s real estate empires, charted

    Quartz

    Alphabet, Apple, and Facebook have tens of thousands of employees in the Bay Area, all of whom need space to do their jobs. As a result, the tech giants command millions of square feet in the region. Alphabet alone owns or leases 19.9 million square feet in the Bay Area, nearly four times as much as the area’s largest commercial real estate firm, Hudson Pacific Properties, according to the San Francisco Chronicle and San Francisco Business Times. Next up? San Jose, which tech firms are e…

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