Latest Trends and Insights in Real Estate Technology

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  • Why migration has stalled in American cities with the most opportunity

    Las Vegas Sun Headlines

    Why migration has stalled in American cities with the most opportunity Steve Marcus A carpenter works on a new home at a residential construction site in the west side of the valley April 5, 2013. Las Vegas is a lower-wage metro area that can attract people not by its economic prowess but by its supply of lower-cost housing. By Emily Badger, New York Times News Service Tuesday, Dec. 12, 2017 | 2 a.m. Chicago in 1850 was a muddy frontier town of barely 30,000 people. Within two decades, it was 10…

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  • Tech the Halls Nabs 136K-SF Data Center

    Connect Commercial Real Estate

    > Tech the Halls Nabs 136K-SF Data Center December 12, 2017 SkyWalker Property Partners, operating under the entity Tech the Halls LLC, acquired a 136,000-square-foot, Tier IV-designed data facility in Irving, TX. The property at 6001 Campus Circle W. sold for an undisclosed amount. Ryan Crabtree with Coldwell Banker Commercial Advisors represented the buyer, while CBRE’s Steve Berger represented the seller, Boston-based Fidelity Real Estate Co. LLC. The facility in the mid-1980s expanded fro…

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  • Nextdoor reportedly closes $75M in funding

    Phoenix Association of Realtors

    Nextdoor, a social network specifically designed to connect neighbors and is serving 100,000 U.S. neighborhoods and counting, has reportedly raised $ 75 million in a recent funding round, according to an article published today by subscription tech news website The Information … Inman

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  • Hilton hotels to launch “connected room” experience next year

    Realty Biz News

    Hilton Hotels & Resorts has unveiled its vision of the future of hotel experiences, with the launch of the “connected room”, a new feature set to become available at its properties in Dallas, Memphis and Washington D.C. by next year. Connected rooms in those hotels will be enabled by the launch of a new mobile application, called Hilton Honors, which guests can use to control the room’s lights, heating, cooling and other in-built electronics, the Memphis Business Journal reported. All guests…

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  • Compass lands massive $450M funding round from SoftBank

    Realty Biz News

    Compass continues to raise capital, having just landed its biggest funding round yet from the Japanese telecommunications giant SoftBank Group. Less than a month after the New York-based real estate technology startup received $100 million in series E funding from Fidelity Investments, Tokyo-based SoftBank infused the company with $450 million, plus another $50 million in secondary deals. This investment will bring the total capital raised to $775 million. Compass will use the capital to expand …

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  • Nextdoor raised about $75 million to connect neighbors

    TechCrunch – All Stories

    Nextdoor, the neighborhood social networking site raised about $75 million in a funding round, The Information reported, estimating that the valuation is $1.5 billion. The round was confirmed by TechCrunch. This adds to the over $200 million that the San Francisco-based company has raised, dating back to 2010. Its last reported round was in early 2015 at a $1.1 valuation. The report says that the funding comes from undisclosed new investors. Benchmark, Greylock Partners, Kleiner Perkins and Insi…

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  • Voiceter Pro Merges Real Estate Into Smart Home Business

    Phoenix Association of Realtors

    Smart home speakers will be among the top holiday gifts this season, with Amazon's Echo and Google Home leading the way. What keeps these two in the lead against competitors are the multitude of “skills” available through each company's respective artificial intelligence (AI) platforms: Alexa and Google Assistant. Various businesses have partnered with Amazon and Google to provide a subset of skills or capabilities within the smart home toolbox, allowing consumers to access flash brief…

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  • A venture firm focused on real estate, Navitas Capital, just raised $60 million

    TechCrunch – All Stories

    Real estate heavyweights clearly don’t want to be left in the dust by tech startups that see opportunities to do things more efficiently, more transparently, and more affordably than has previously been possible in the long clubby, expensive, and opaque world of real estate. Just one indicator is their sudden interest in venture capital. Indeed, a six-year-old, Beverly Hills, Ca.-based early-stage firm called Navitas Capital that focuses largely on real estate tech, including intelligent buildin…

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  • Live at Connect: Hacker Connect on the future of real estate tech

    Phoenix Association of Realtors

    Imagine a room full of creative, smart and clever real estate nerds. That is Hacker Connect, where 500 of the savviest real estate tech professionals will convene all day on Monday, January 22, in New York City at the Marriott Marquis Hotel, Times Square to solve problems, share insights and learn from each other … Inman

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  • How Baum Realty Group uses tech to get more deals done

    Apto Blog

    Baum Realty is a retail brokerage firm based in Chicago, IL. For years they’d been struggling with a siloed tech stack and data spread across a variety of sources and tools. And then they switched to Apto. As Mike Demetriou, President of Baum Realty Group put it: "It's unusual that you can find a piece of technology you can actually ascribe to getting a deal done, and therefore monetize the investment you made in technology."

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