Latest Trends and Insights in Real Estate Technology

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  • REthink Joins CREtech as Exclusive Platinum Sponsor

    CRETECH

    The largest event platform in the commercial real estate tech industry will help REthink showcase its products and services to the entire commercial real estate industry   New York, NY (February 14, 2018) — CREtech (cretech.com) announced that REthink has joined the CREtech platform as the exclusive platinum sponsor. Through this sponsorship, REthink will receive prominent exposure at  all of the 2018 CREtech Events including San Francisco, New York, Atlanta, Boston, Los Angeles and …

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  • Walmart goes to the cloud to close gap with Amazon

    Reuters Technology

    SAN BRUNO/SUNNYVALE, Calif. (Reuters)- One of Walmart Inc’s best chances at taking on Amazon.com Inc in e-commerce lies with six giant server farms, each larger than ten football fields. These facilities, which cost Walmart millions of dollars and took nearly five years to build, are starting to pay off. The retailer’s online sales have been on a tear for the last three consecutive quarters, far outpacing wider industry growth levels. Powering that rise are thousands of proprietary servers that …

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  • February 14, 2018

    BuildOut Blog

    UAE plans to colonize Mars: what that means for CRE on the red planet In late November 2017, the United Arab Emirates released a virtual reality tour of “the City of Wisdom,” which gives the world a detailed glimpse into how they envision humanity’s first settlement on Mars. In conjunction with this release, the UAE also announced that they intend to establish the first colony on Mars by 2117—in just 100 years. What’s happening next In addition to releasing the VR video, the UAE plans to send th…

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  • Broker Public Portal partner Homesnap raises $14M in series B funding

    Inman News – Features

    Mobile home shopping app Homesnap, the public face of the real estate industry’s Broker Public Portal national MLS website, has raised $14 million in Series B funding led by Updata Partners with participation from Moderne Ventures (which inducted Homesnap into its 2018 Passport Class) among other individual investors. This brings the company’s total capital raised to $32.8 million. “Homesnap delivers what consumers and agents want, and what the real estate industry needs. Now investors are sayin…

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  • Airbnb’s ‘Experiences’ business on track for 1 million bookings, profitability

    Reuters Technology

    SAN FRANCISCO (Reuters)- Airbnb Inc’s year-old tours and activities business is booking tens of thousands of travelers every month and is likely to be profitable late next year, the company said on Tuesday, highlighting success in its efforts to grow beyond renting rooms and homes. More than a year ago, Airbnb announced a broad effort to become a full-fledged travel company, adding to its home-renting business an assortment of new services such as excursions to see local attractions and restaura…

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  • fuel announces on-demand cloud platform integration with vts

    CRETECH

    Technology innovators integrate platforms to deliver continuous valuation transparency to the commercial real estate industry for the first time ever.New York, February 12, 2018 – The power of cloud-based technology took a step forward today as FUEL Valuation, the next generation asset valuation and forecasting platform, announced on-demand connectivity with VTS, the leading leasing and asset management platform for the commercial real estate industry.Now, for the first time ever, commercial rea…

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  • FUEL Announces On-Demand Cloud Platform Integration with VTS

    Real Estate Tech News

    Technology innovators integrate platforms to deliver continuous valuation transparency to the commercial real estate industry for the first time ever. New York, February 12, 2018 – The power of cloud-based technology took a step forward today as FUEL Valuation, the next generation asset valuation and forecasting platform, announced on-demand connectivity with VTS, the leading leasing and asset management platform for the commercial real estate industry. Now, for the first time ever, commercial r…

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  • Lennar becomes nation’s largest homebuilder with acquisition of CalAtlantic

    BizJournal – Residential Real Estate News

    Lennar Corp. has reclaimed its spot as the nation’s largest homebuilder after completing the acquisition of CalAtlantic Group. Miami-based Lennar (NYSE: LEN) and Virginia-based CalAtlantic (NYSE: CAA) both received shareholder approval for the merger on Monday. The companies said the deal will be effective at 11:59 p.m. Over 99 percent of shareholders at each company approved the deal. The deal is valued at $9.3 billion, including $3.6 billion in debt. Each share of CalAtantic may be exchanged f…

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  • Mdrn and Stoop raise $1M for tech-forward brokerage

    Inman News – Features

    New York lifestyle brand and real estate firm Mdrn. and its rental platform Stoop raised $1 million in a seed round, the companies announced Monday. Mdrn. is a vertically integrated brokerage that offers buying and leasing, property management, roommate searches and even design services. Stoop lets residents rent month-to-month or for up to a year, outsourcing leasing, payments, roommate searches and utility payments to the company. Mdrn. launched as a traditional brokerage in 2014 and added the…

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  • RealNex and CommissionTrac Announce Alliance to Bring Turnkey Solution to the Commercial Brokerage Market

    CommissionTrac

    Integration provides an efficient solution that works across the entire CRE transaction process   Houston, TX – February 6, 2018 – RealNex, a commercial real estate technology company, today announced it has partnered with CommissionTrac, a transaction management and commission accounting platform, to bring end-to-end functionality to the commercial brokerage market.   RealNex, which currently provides an integrated, multi-pronged solution including CORE for CRM and operations, MarketEdge for pr…

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