Latest in Commercial Real Estate Tech News by CREtech

ARE BUILDING OWNERS/MANAGERS REALLY GETTING THIS WHOLE TECH THING?

Michael Beckerman

11/30/2017

One of the dangers for all of us in the CRE tech space is that, for the most part, we live in a bubble. Our own bubble. As founders and entrepreneurs, we talk mostly to each other. We attend events with people inside the sector. We read content that is mostly focused on our tribe`s news. But what about the customers? The end users? Every successful business, startups in particular, need to listen to their users. And, even more important, to the people NOT using their services. This is where t…

Microsoft adding 18 buildings in Redmond

Seattle Daily Journal of Commerce

11/30/2017

Real Estate Subscriber content preview November 30, 2017 Microsoft adding 18 buildings in RedmondThe multibillion-dollar expansion and renovation will create a “campus for the future.”By JOURNAL STAFF Microsoft image [enlarge] Twelve buildings from the 1980s will be replaced by 18 new structures at the Redmond headquarters. Microsoft is overhauling its longtime headquarters with an 18-building construction project that will make room for another 8,000 workers and create a new “campus for the f…

Alexa and AI

The Balance Sheet – Yardi Corporate Blog

11/30/2017

She's Always Listening By Emily Cheng on Nov 30, 2017 in Technology As the popularity of Artificial Intelligence is on the rise and corporate giants such as Google, Microsoft, and Apple are racing to develop the best commercial AI product, the focus has shifted from humans being more intelligent like machines, to developing machines to act more like humans. This past July, Amazon acquired a Santa Barbara startup called Graphiq, previously known as FindTheBest, for an estimated 50 million do…

BREAKING: Xceligent Owner To Conduct Strategic Review Of Business Including All Options And Writes Its Value Down To Zero

Bisnow – National Commercial Real Estate News

11/30/2017

The parent company of Xceligent is undertaking a strategic review of options for the business and has written its carrying value down to zero.London-listed Daily Mail and General Trust said in results for the year to 30 September that it was reviewing the future of its five U.S. property information businesses: Exceligent, BuildFax, Trepp, SiteCompli and EDR. The strategic review will be undertaken by DMGT and Xceligent's new management and will look at all potential options, the company sa…

Denver’s tech job growth and office rent increases slower than most of the top 30 tech markets

Denver Post – Real Estate News

11/30/2017

Denver's tech job growth and office rent increases slower than most of the top 30 tech markets CBRE's report shows tech companies opting for more affordable downtown areas instead of LoDo, where average rents are nearing $40 a square foot.Share this:Click to share on Facebook (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Twitter (Opens in new window)Click to print (Opens in new window)Click to email this to a friend (Opens in new window)MoreClick …

Why it’s time to rethink the start-up model

JLL Real Views

11/30/2017

The dream of becoming an overnight billionaire has inspired many tech entrepreneurs to rapidly build their empires, but sometimes at the expense of sustainable growth and corporate culture. Now entrepreneurs seeking to use technology for social good—while generating profits—are disrupting the status quo and bringing a more diverse face to the industry. It comes in response to the rapid rise of America's tech industry over recent decades, where talent has generally been drawn from a small po…

You Only Get Paid on Conversions

Phoenix Association of Realtors

11/30/2017

In my role as chief strategy officer at Realty ONE Group, I've had the pleasure of traveling around the country training thousands of agents on all kinds of proven marketing strategies that helped me as a broker generate more listings and higher quality buyer leads. At Realty ONE Group, we empower agents with the most effective tech tools available to generate their own leads, which is why we focus so much attention on helping them convert those leads. It's important to remember that y…

Charlotte media: Amazon’s shortlist HQ2 announcement now delayed until ‘18

Curbed – Atlanta

11/29/2017

Meanwhile, Los Angeles developer is advancing paperwork for massive redevelopment of Gulch. Atlantans holding their breath for good news this week about Amazon’s HQ2 frenzy might want to exhale. Earlier reports suggested that Amazon could cleave a shortlist of frontrunners from 238 cities vying for the company’s second headquarters by Dec. 1, but various media in Atlanta’s southeastern competitor Charlotte now indicate that won’t be the case. Citing sources at the Charlotte Regional Partnership,…

Redfin’s new concierge service will clean and stage your listings

Inman News – Features

11/29/2017

Seattle-based tech brokerage Redfin is stepping deeper into the home transaction with the trial launch of its new amenity, Redfin Concierge Service. In what appears to be a first-of-its-kind offering from a large brokerage, Redfin Concierge will coordinate, supervise and pay for services such as deep cleaning, painting, staging and landscaping for listings worth at least $500,000 for a 2-percent listing fee. As of now, the trial service is only available in Los Angeles and Washington, D.C. While…

Lighting Trends in Commercial Real Estate

CRETECH

11/29/2017

The first step in the light emitting diode (LED) revolution was to educate people on how it worked and why it was beneficial — now that the entire world is on board and now that LED has become the most preferred lighting option, what’s next?CBMC Lighting Solutions suggests that innovative light, such as “daylights,” which recreate natural light, can boost office morale. In retail, LED lighting and “smart” mirrors (which feature LED modules) allow shoppers to adjust the lighting in the room to r…

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