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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  • This new 3D printer can manufacture more detailed ceramics

    Curbed – National News

    A new type of 3D printer, unveiled at CES, aims to make it easier to create complicated, mass-produced ceramics. Designed by Kwambio, a New York-based startup that launched last year to create and deliver made-to-order 3D-printed objects on demand, the Ceramo One enables faster creation and more intricate shapes. Typically, such 3D-printed ceramics were made with liquid ceramics, which required the creation of a mold as well as longer production times. With glazing, the entire process to make, s…

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  • Brookfield, Onex Are Said to Plan $3.7 Billion Bid for IWG

    NREI – National

    Zug, Switzerland-based IWG owns office space and competes with New York-based WeWork Cos. (Bloomberg)—Brookfield Asset Management Inc. and Onex Corp. are preparing an offer for IWG Plc that will value the commercial real estate company at about 2.7 billion pounds ($3.7 billion), people familiar with the matter said. Zug, Switzerland-based IWG, which owns office space and competes with New York-based WeWork Cos., said last month it had received an “indicative proposal” for a cash deal from the co…

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  • Diary of an IPO

    Redfin Blog

    Redfin CEO Glenn Kelman published the below diary of the company’s IPO on Linkedin on Jan. 16, 2018. Boarding Delta 2989 in Chicago on a Friday night, I left Chris Nielsen, our CFO, in 16D and headed to the bathroom. We’d been scrunched together in the back row of a black SUV for the first five days of our roadshow but now, when I latched the bathroom door, I was alone. I called our chairman to tell him not enough people wanted to buy Redfin’s stock and that our IPO was in trouble. The Sunday be…

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  • Delivery logistics startup Bringg raises $12 million

    Chicago Business Journal – General Headlines

    Delivery logistics startup Bringg raised $12 million, bringing its total Series B funding to $22 million, the company announced Tuesday. Investors in the round included Salesforce Ventures, automotive investor Shmuel Harlap and real estate and shipping magnate Eyal Ofer. The company says the new funding will help the company expand its international presence. Bringg now has $31 million in total funding, according to Crunchbase. Bringg, which has offices in Chicago, New York and Tel Aviv, helps…

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  • Apple just snagged another 128K sf in Culver City: sources

    The Real Deal – Los Angeles

    Rendering of project at 8777 Washington, with Apple logo (Wikimedia Commons) Apple is moving into Culver City. The technology giant has agreed to lease the entirety of Lincoln Property Co.’s 128,000-square-foot building at 8777 Washington Boulevard in Culver City, The Real Deal has learned. Terms were not disclosed. HBO was set to be the sole tenant leasing at the site, but those plans fell through. Located on the corner of Washington and National boulevards just seven miles east of the Santa Mo…

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  • Apple is the only place you can buy Colgate’s new artificially intelligent toothbrush

    Business Insider – Retail

    Colgate unveiled a new smart toothbrush called the It can map your mouth, emit "sonic vibrations," and provide real-time brushing feedback. The toothbrush will cost $99.95, and you can only buy it through Apple. Colgate is teaming up with Apple to sell you a high-tech toothbrush. Called the E1, the "smart" electronic toothbrush gives you real-time brushing feedback, maps your mouth, and uses "sonic vibrations" to remove more plaque, and can upload the data it collec…

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  • SVN | CHICAGO COMMERCIAL COMPLETES SALE OF 312-UNIT CHICAGO MULTIFAMILY PORTFOLIO FOR $26.5 MILLION

    SVN International Corp. (SVN)

    Chicago, Ill. (January 16,2017) – SVN | Chicago Commercial has completed the sale of Indian Trails Apartments and Ridge Gardens Apartments for $26.5 million. Combined, the two affordable housing complexes include 312 units. Cody Doran, Assistant Vice President, and Reid Bennett, Senior Vice President, of SVN |Chicago Commercial represented the seller, Indian Trails & Ridge Gardens LLC, in the transaction. The property sold to Sausage King LLC. “This deal provided the buyer a unique opportuni…

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  • Airbnb is poised to expand beyond travel accomodations

    Realty Biz News

    Airbnb is setting its sights on disrupting the entire travel industry, not just hotels. In an interview with VentureBeat, the firm’s vice president of engineering Mike Curtis said that personalization could help expand itineraries from end to end, with Airbnb helping to arrange transportation, entertainment and other aspects of its customers trips. Airbnb has already secured a dominant position in the world of accommodations, connecting people and places to stay at any price point in more than 3…

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  • Instacart acquires Toronto-based Unata

    TechCrunch – All Stories

    Instacart has today announced the acquisition of Unata, a Toronto-based company that offers a platform for both grocers and consumers to interact digitally. The terms of the deal were not disclosed. Unata’s product, unlike Instacart’s, is a white-label grocery platform, letting grocers anywhere create apps and websites for consumers to order products, complete with coupons, purchase tracking, push notifications, deal suggestions, and more. Unata will continue to operate as an independent subsidi…

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  • These are the Real Estate Brokerages Accepting Bitcoin

    The Updater Blog – Agent Tips

    The rise of Bitcoin, a form of cryptocurrency, has piqued the interest of real estate brokerages. For interested sellers, some brokerages are now listing properties with the equivalent prices in Bitcoin. Across the nation, brokerages and clients are now exchanging cryptocurrency for properties. Bitcoin is an experiment for real estate brokerages looking for a competitive edge for their listings. Take a look at the brokerages who are paving the way to a cryptocurrency-ready real estate market. Wh…

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