Latest Trends and Insights in Real Estate Technology

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  • WeWork will open a new SF HQ in the Salesforce Tower

    TechCrunch – Startups

    WeWork will open a new SF HQ in the Salesforce Tower Posted 1 hour ago by Megan Rose Dickey (@meganrosedickey) 0 SHARES Next Story Cisco Spark Assistant bringing voice commands to meeting hardware WeWork has money to blow, so the $20 billion startup is putting some of it toward a second headquarters — this time in San Francisco instead of New York, Recode reports. The plan is to locate the HQ in the new 61-floor Salesforce Tower, which is slated to open next year. WeWork will lease out three flo…

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  • WeWork rival Convene seeks to raise another $150M, mulls CRE investment fund

    The Real Deal – New York

    Convene, the office-space startup backed by Brookfield and the Durst Organization is looking to raise another $150 million in venture funding in a Series D round and plans to launch a property investment fund in the future. The company’s co-founder Ryan Simonetti said the firm already has “verbal commitments” from some existing investors for the Series D round but declined to name them. The firm has raised $119.2 million from investors to-date, most recently in a $68 million Series C round that …

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  • DO WE NEED ANOTHER VC INVESTING IN CRE TECH?

    Michael Beckerman

    Hell ya!!!! Thanks to my good friend Turner Levison of CommissionTrac, I had the great pleasure of recently connecting with Matt Knight of a new venture fund called Shadow Ventures based in Atlanta. Several things that really stood out when I spoke to Matt, who is a Principal at the company. The first was their geographic footprint with a focus on the Sunbelt. To me that`s a great great sign that investments in startups live, exist and thrive in markets other than New York and San Francisco w…

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  • Exclusive Q&A With #RETAS Sponsor Bryan Colin, Co-Founder & CEO at VirtualAPT

    CRETECH

    EXCLUSIVE Q&A WITH #RETAS SPONSOR BRYAN COLIN, CO-FOUNDER & CEO AT VIRTUALAPTCan you describe your site?VirtualAPT’s mission is to help landlords and brokers market their properties in an immersive and interactive way; differentiating their offering while saving time and money. Our VR/360º videos recreate a walkthrough tour of real space. The combination of mobility, verbal sales presentation, and 4K-quality visualization is the most advanced way to view and market space. We create custo…

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  • Hudson’s Bay/WeWork Deal Might Point to a Solution for Struggling Department Stores

    NREI – National

    The price tag attests to the demand from a new type of companies for urban space currently occupied by old world department stores. Few retail experts were surprised to learn last week that Hudson’s Bay sold the flagship location of its Lord & Taylor chain on New York’s Fifth Avenue, or that Hudson’s Bay would scale back its square footage at the location. The march of department store closures has these kinds of effects on the business. What came as a surprise was the $850 million that co-w…

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  • Who is actually building RPR’s tech?

    Phoenix Association of Realtors

    Every year, the National Association of Realtors pours ever-more millions of its members' dues into a for-profit subsidiary that has never produced a profit and which 88 percent of its members don't use regularly … Inman

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  • Updater Joins Leading Real Estate Companies of the World as Preferred Provider

    The Updater Blog – Real Estate

    Updater Joins Leading Real Estate Companies of the World as Preferred Provider by Jenna Weinerman We're thrilled to announce that Leading Real Estate Companies of the World has named Updater to its Solutions Group program. For LeadingRE member brokerages, this means that Updater is now an approved business and technology provider for all 565 of the high-quality independent, residential real estate firms in the network. For those who are unfamiliar with Updater, we've built a relocation…

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  • Will Driverless Cars Really Have an Impact on CRE?

    SIOR Pulse Blog

    You can’t have a conversation about economics, labor, and technology these days without mentioning automation. The way computer programs and robotics will be able to reduce costs and increase efficiency is going to have a massive impact on the way we work in a few short years, not just in how we manufacture goods, but how we transport them as well. One of the biggest technological advancements of the decade is the driverless car. A few short years ago, the average person never dreamed that a com…

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  • Corporate Real Estate Managers Embrace Coworking

    CoreNet Global Summit Talk

    CoreNet Global The Pulse Blog Search Corporate Real Estate Managers Embrace CoworkingNovember 1, 2017|In CoreNet Global News|By David Harrison Coworking, the style of work marked by open shared spaces among workers of different companies and popularized by “solopreneurs” and tech workers, is quickly being embraced by those who manage real estate needs for large corporations. The trend is explored in a new whitepaper, The Evolution of Co-working and Impact on CRE, released by CoreNet Global, the …

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  • Airbnb estimates guests generated nearly $2M during Houston’s World Series games

    Houston Business Journal – Residential Real Estate News

    Hey batter, batter, batter — baseball fans hit Houston with a spike of economic activity.  Between Oct. 27 and 29 — when Minute Maid Park hosted three games of the World Series — Airbnb saw a big uptick in Houston bookings, according to a press release from the San Francisco-based hospitality tech company.  There were about 4,200 Airbnb guests in the Bayou City over the weekend — a 40 percent increase compared to surrounding weekends. The average nightly price was $75, per the release.  That…

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