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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  • How artificial intelligence is changing real estate investment

    The Real Deal – New York

    Welcome to the world of AI. Last March, the online asset manager AlphaFlow launched its first so-called automated investment fund for real estate loans. Rather than tapping employees to search for investment opportunities, the company uses a computer program to sift through listings services and find mortgages to purchase based on property characteristics, borrower history, recent market data and other criteria. “We’re not ready to take our hands off [our work],” said Ray Sturm, co-founder of th…

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  • Drones Can Cut Property Inspection Costs—but Are They Safe?

    WSJ

    Drones are smaller, more reliable and easier to fly but pose a danger to other aircraft or people on the ground Building inspectors who used to rely on binoculars and ladders are turning to drones to check property exteriors for signs of damage or deterioration that could lead to injuries. But use of drones for this purpose is causing a dilemma. Their lower cost and greater thoroughness is coming into conflict with another public safety concern: the danger drones pose to other aircraft o…

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  • Motionloft Helps Retailers By Converting the Physical Into Useable Digital Data

    CRETECH

    For the retail sector, the challenge of changing shopping behaviors , integrating online and offline channels, and trying to figure out the best way to convey an in-store shopping experience are intensifying, and gut instincts have less and less to do with it. Enter Motionloft, which collects the data needed to develop an actual strategy. It helps the retailer understand customer shopping habits by analyzing path tracking, heat maps and dwell times. It also helps the retailer make urban site…

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  • This PropTech Company Is A Bit Like Pandora For Commercial Real Estate Sales

    BISNOW

    A new PropTech company launched in February is looking to cut the amount of time it takes to sell commercial property from months down to weeks — or even a single day. Cloudscraper looks to bring together all the parties involved in a deal — sellers, buyers, lenders, brokers and lawyers — on a single platform, which could cut the amount of time needed to complete transactions. The seller of a property can anonymously input information about an asset they want to sell and send that informat…

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  • Smart Tech Becoming Key To Attracting Renters

    BISNOW

    Tenants want more tech in their apartments and multifamily landlords and developers are putting in the technology to meet that demand. While building-wide WiFi, electric chargers and rooftop decks remain popular among tenants, smart building technology is becoming the new “it” amenity. From package delivery lockers to smart locks, landlords are turning to tech-enabled amenities to woo tenants who are willing to pay more for these features. In a Schlage and Wakefield Research survey of 1,000 U…

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  • Fifth Wall backs ‘Lyric’ to develop the next-generation of short-term rentals for Multi-Family partners

    FIFTH WALL

    Lyric Gains Access to Best in Class Real Estate Owner and Operator Partnerships to Develop the Newest Category of Accommodations Short-term rentals have grown at an astounding rate over the last decade. The rise of short-term rental marketplaces offer consumers unique accommodation experiences better connected to the cities they inhabit. With those marketplaces come a level of illegitimacy, illegality, and inconsistency in quality. As Airbnb and other short-term rental marketplaces have faced g…

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  • Manhattan Is Tops for Coworking Space, LA Ranks Second: Report

    Real Estate Investors HQ

    Coworking represents a small yet growing segment of the office market, a new study demonstrates, with Manhattan dominating. Manhattan has 245 coworking spaces equaling 7.7 million square feet, according to a new study by Yardi Matrix,  a commercial real estate research and data platform. Los Angeles came in second with 3.7 million square feet in 158 locations. Nine other metros studied have at least 1 million square feet of coworking office product, with Miami being home to the most coworking sp…

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  • WeShop? WeWork preps a retail push

    CNN.com – Latest Financial News

    WeWork has built a billion-dollar business by convincing professionals to pay for decked out coworking spaces and a sense of community. Entrepreneurs Ali Kriegsman and Alana Branston want to do the same for retail. The pair are cofounders of Bulletin, a young startup that charges female-focused lifestyle brands a monthly membership fee for placement in its retail spaces and on its online marketplace. It raised more than $2 million last year and plans to open a flagship store in New York this s…

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  • If you can’t beat ’em: Barry Sternlicht invests in Airbnb-like short-term rental company

    The Real Deal – New York

    A venture capital group, including hotelier Barry Sternlicht, invested in a San Francisco-based company that works with developers who set aside blocks of apartments for short-term rentals. The group, which also included Fifth Wall Ventures and New Enterprise Associates, made a $15.5 million Series A equity investment in AJJK Inc., the Wall Street Journal reported. The company, which is soon to be renamed Lyric, is seeking to create an upscale short-term rental brand akin to a four- or five-star…

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  • ProspectNow Helps Agents Generate More Listings

    CRETECH

    The digital age is simplifying many formerly cumbersome real estate tasks, but until recently, prospecting remained its usual tedious, often unscientific chore. The ProspectNow platform gives agents a tool to more quickly identify those owners who may put their properties up for sale within the next year. It can also help lenders identify those who are about to refinance, and create more directed and targeted marketing campaigns. ProspectNow offers a complete residential and commercial real e…

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