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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  • First Bitcoin Real Estate Purchase Recorded in Texas

    PR Newswire – Residential Real Estate

    AUSTIN, Texas, Sept. 18, 2017 /PRNewswire/– Kuper Sotheby's International Realty is now the first brokerage in the State of Texas to close on a home purchased entirely with the popular cryptocurrency, Bitcoin. Finalized mid-summer and purchased for an undisclosed sum, the newly built custom home boasts grand entertaining areas, a kitchen fit for a chef, lavish master suite and a finely landscaped backyard. Located in the central part of Austin, Texas, the property is just a few miles away …

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  • Food Fight: The Collision of Technology and Distribution in the Food Industry

    Colliers Insights Blog

    As food-focused entrepreneur Kimbal Musk put it: “Food is the new internet.” There’s no denying that technology is radically changing the way food is grown, processed and procured. And there is a very good reason: The food industry is primed for disruption. “Every element of the food lifecycle is ripe for accelerated change,” explained Chris Cummings, national director of Colliers International’s Food Advisory Group. “The combined need for efficiency and innovation is drawing entrepreneurs and p…

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  • The $5 billion battle for Amazon’s new HQ is getting even more heated

    Business Insider – Retail

    Amazon is still soliciting bids for its new $5 billion, 50,000-person headquarters. New York City has emerged as a leading contender. Boston and Los Angeles are seeing pushback from locals who question Amazon's motives. The $5 billion bid for Amazon's new 50,000-person headquarters is intensifying. New York City is doubling down on its bid to be the site of Amazon's second HQ. At the same time, Boston and Los Angeles are facing pushback from residents amid fears of financial loss …

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  • Autonomous Vehicles Driving Transformation in Real-Estate Design and Construction

    PR Newswire – Commercial Real Estate

    DALLAS, Sept. 18, 2017 /PRNewswire/– With autonomous vehicles still years away from being a common sight on the nation's roadways, its potentially massive impact on society is already changing how land-use planners, developers and others are preparing for this technology, which has been compared to the most significant innovation since the invention of the automobile, according to BBG, a leading independent national commercial real-estate valuation, advisory and assessment firm. Growing in…

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  • 11 Tech Buzzwords Real Estate Professionals Need to Know

    Hightower Blog

    Ever find yourself involved in a conversation comprised almost entirely of acronyms?In the tech community — where entrepreneurs speak a language all their own — it happens all the time. With tools and processes evolving at a breakneck pace, it’s difficult to keep up — let alone find reliable educational resources. Yet neglecting to learn the most commonly used tech buzzwords and concepts may put you at a disadvantage when it comes to selecting a technology solution for your real estate business….

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  • Cornell Tech to Spur Wave of New Office Development in LIC, Experts Say

    DNA info – New York

    LONG ISLAND CITY — The new Cornell Tech campus on Roosevelt Island will spur a wave of commercial development in Long Island City — with the neighborhood's former industrial sites attracting startups wooed by cheaper, hipper and less conventional office space, experts say. Last week, officials celebrated the opening of the first phase of the $2 billion tech campus, which is expected to generate thousands of jobs over the next three decades and raise the city's profile as a hub for tech…

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  • From Point A to B, Wayfinding Tech Moves Indoors

    CRETECH

    Did walking into a building ever bring you to a halt as you gaped at the scope of the space? We had that feeling the first time walking into a train station in Japan. It’s easy to feel like a tiny ant when walking into these massive structures. Once the wonder wears off, the next question is, “how do I get from here to my store?” More large spaces, like retail malls, entertainment districts, and medical complexes, are applying the same wayfinding tech we use to navigate city blocks to improving …

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  • A tale of two companies: Bill’s Amazon-Walmart contradiction

    The New York Daily News – National News

    A tale of two companies: Bill's Amazon-Walmart contradiction A tale of two companies: Bill's Amazon-Walmart contradiction Editorials NEW YORK DAILY NEWS Monday, September 18, 2017, 4:10 AM facebook Tweet email Discounts welcome (LEON NEAL/AFP/Getty Images) Editorials NEW YORK DAILY NEWS Monday, September 18, 2017, 4:10 AM Seattle’s Amazon is on the hunt for a second home — a big North American city with the tech talent and transit and quality of life and real estate to sustain 50,000 j…

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  • Cushman’s new head of retail has a lot to learn. And he doesn’t have much time

    The Real Deal – New York

    David Gorelick’s office at Cushman & Wakefield’s headquarters on Sixth Avenue remains pretty stark two months after he took the job as head of the brokerage’s retail division in July. Aside from a few family photos and mementos of earlier deals, there’s a reminder of his first job in retail: a poster of Sam’s Loans pawn shop in Detroit, where he worked as a 15-year-old. “It was kind of crazy,” he told The Real Deal during a meeting at his office in late August. “Ever since then, after sellin…

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  • While Cities Compete For Amazon, Wal-Mart Quietly Secures Its New HQ

    Bisnow – National Commercial Real Estate News

    Amazon is not the only retail giant gaining a new headquarters. Wal-Mart Stores Inc. has been quietly planning a move to another location in the company’s Bentonville, Arkansas, hometown, Bloomberg reports. The company has a number of corporate offices scattered across northwest Arkansas, but the move is intended to consolidate all of these in a corporate campus on J Street. According to Bloomberg, the headquarters will take between five and seven years to build but will succeed in bringing almo…

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