Latest Trends and Insights in Real Estate Technology

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  • Online holiday spend could break $100B

    Retail Dive

    Author By Daphne Howland @daphnehowland • Published Dec. 8, 2017 Share it post share tweet Dive Brief: Online holiday shopping has garnered retailers $65.14 billion so far (Nov. 1-Dec.5), a 14.7% increase over last year, with each of those days seeing more than $1 billion a day in revenue, according to Adobe Digital Insights, using Adobe Analytics data. Mobile is contributing a lot: Nearly half (48.8%) of visits are coming from smartphones (40.3%) and tablets (8.5%), and nearly a third (32.4%) o…

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  • Western National Kicks Off Construction at San Jose TOD

    Commercial Property Executive – All Feeds

    The Platform, a 551-unit community, will be part of the 120-acre Market Park. The development will be located within walking distance of an upcoming BART station. Western National Group, in partnership with Anchor Real Estate Capital and Fantasia Holding Group, is set to construct The Platform, a 551-unit community in San Jose. The asset will be located within the 120-acre Market Park San Jose master-planned community and will feature 37,500 square feet of retail space. The Platform is slated fo…

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  • THE NEXT GENERATION OF PROPERTY MANAGEMENT HAS ARRIVED

    Bixby

    Advancements in the way information is shared, accessed, and managed in every aspect of our lives continue to shape the way communication takes place. This presents a new opportunity for property owners & managers, who are turning their attention to more efficient mechanisms for engaging and interacting with tenants & residents. For property owners & managers, being available goes a long way in developing a good relationship with apartment dwellers. Whether it’s an emergency maintena…

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  • How Tech Companies Relocating is Impacting the Real Estate Market in the United States

    CRETECH

    Earlier this year, Amazon called for various cities to offer proposals on its second corporate headquarters. The tech giant plans to invest $5 billion in a new facility, as well as generate 50,000 high-paying jobs in the span of 10 to 15 years after it becomes operational. Around 238 cities have submitted their proposals, including New York, Chicago, Los Angeles, and Miami, and smaller cities such as Pittsburgh, Cincinnati, Orlando, and Denver.Depending on the area, the presence of tech giants o…

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  • Okta Signs Corporate HQ Lease in San Francisco

    Real Estate Investors HQ

    Kilroy Realty Corp. signed technology firm Okta Inc. to a 207,000-square-foot lease at its 100 First St. office property, filling the impending gap and adding to the space Delta Dental will leave in the 467,000-square-foot building. Okta’s 10-year-lease agreement at 100 First encompasses the 188,000 square feet that Delta Dental will leave behind in the second quarter of 2018, and an additional 19,000 square feet. The Skidmore, Owings and Merrill-designed building, located in the South of Market…

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  • Big Spaghetti Junction residential project hits a roadblock, for now; Cherokee selling huge site; Old Fourth Ward apartments; Portman makes first moves on Tech Square project

    Atlanta Business Chronicle – Business News

    Real Estate Notebook: A weekly recap of Atlanta's real estate market.

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  • MishiPay raises £1.6M led by Nauta Capital for its mobile self-checkout technology

    TechCrunch – All Stories

    MishiPay, a London startup that has built mobile self-checkout technology that promises to put an end to queuing to pay, has raised £1.65 million in seed funding. The round is led by European VC Nauta Capital and will be used to further grow the burgeoning company as it persuades high street retailers to adopts its wares. Apparently inspired by co-founder Mustafa Khanwala’s own shopping experience — when in 2015 he had to queue for 20 minutes just to buy a soda — MishiPay’s ‘patent pending’ self…

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  • Over half a dozen residents of this San Francisco ‘castle’ have become bitcoin millionaires — take a look inside

    Business Insider – Tech

    The Crypto Castle is a three-story home in San Francisco where young tech workers eat, sleep, party, and plot the future of money. A majority of the millennial tenants invest in bitcoin, a new kind of payment system that allows people to buy things and send money with anonymity. There are no banks or middlemen. Transactions are recorded on a digital ledger called a blockchain. Cryptocurrencies (of which bitcoin is the most popular) have been on a tear. Bitcoin surged in value from about $200 per…

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  • Facebook was just named the best workplace of 2018 — step inside its New York office, where employees enjoy an in-house pastry chef and tons of celebrity cameos (FB)

    Business Insider – Tech

    • Facebook is now the most desirable place to work, according to Glassdoor. • Employees cited the tech giant's impact, culture, perks, and CEO Mark Zuckerberg as huge draws. • Last year, Business Insider visited the company's Facebook office to get a sense of what it's really like to work there. Employees across the US have spoken, and Facebook just took the top spot in Glassdoor's annual rankings of the most desirable places to work. The Menlo Park, California-based tech gia…

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  • Aquicore Updates And Improves Upon The Traditional Meter Reading

    CRETECH

    A year ago, the Urban Land Institute issued the Greenprint Center for Building Performance report, revealing that a good portion of commercial real estate owners and managers are doing a consistently better job of reducing energy consumption, carbon emissions and water usage in their buildings.  The performance of 5400 properties — owned by Greenprint’s members — were tracked. Results included a 3.4-percent reduction in energy consumption, a 3.9-percent reduction in carbon emissions, and …

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