Latest Trends and Insights in Real Estate Technology

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  • Hurricane Harvey Rallies The Best in Retail

    CRETECH

    Usually, it’s tech that causes a retail industry disruption, but in this case, it’s nature. Hurricane Harvey was the biggest storm to slam Texas in 50 years. In addition to its human toll, its five days of rain and ensuing floods affected businesses as well as roads, ports and railways.Especially hurt was Houston — 600 square miles and the country’s fourth-largest city. The storm has brought more than 20 inches of rain to more than 6 million people.Reuters reports that stores like Home Depot an…

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  • Roosevelt Island, like the city’s tech sector, is no longer isolated

    Crains New York – Everything Real Estate

    This week marks the official opening of Cornell Tech's campus on Roosevelt Island and a major milestone in the evolution of New York's tech sector. If you haven't been to the campus yet, go. (You can now get there by ferry, in addition to the F line and the tram.) I was there a few weeks ago to see the first three buildings on the 12-acre campus, which has turned the island into a destination. These buildings—the House, a luxurious apartment tower for students and faculty; the Bri…

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  • Ur served: WeWork sues rival for copyright infringement — again

    The Real Deal – Los Angeles

    From left: Adam Neumann, 28 Liberty and Mao Daqing A month after suing Chinese rival UrWork for copyright infringement in London, coworking behemoth WeWork filed a similar lawsuit in New York. WeWork alleges that the names are too similar and that customers could mistake one for the other. “WeWork has invested substantial time and money building a superior brand to ensure that our brand name is uniquely associated with WeWork and its offerings,” a company spokesperson told TechCrunch. “UrWork ha…

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  • Insurance firms face major disruption from digital start-ups in most sectors, report says

    Realty Check with Diana Olick (CNBC)

    cherezoff | Getty Images Insurance firms are facing increasing competitive pressure on all fronts due to the emergence of a number of insurance technology (insurtech) start-ups, according to a report. With the integration of technologies like artificial intelligence, blockchain and drones entering the insurance mix, the sector is being forced to rethink its model. The World Insurance Report, published Wednesday by consulting giant Capgemini and non-profit industry body Efma, found that nearly on…

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  • Resource preview: Why you should pay attention to the Internet of Things

    The Broker List Blog

    The ecosystem of everyday objects embedded with computing devices (also known as the Internet of Things) is growing rapidly. Soon, every item we interact with in our daily lives could be controlled through another device. But why does that matter? Why you should care about the IoT The Internet of Things is already expanding. Modern factories are now highly automated and integrated with technology. Owners in every industry are starting to use smart buildings to improve energy efficiency. And this…

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  • CoStar Group to acquire ForRent

    Property Funds World

    CoStar Group, a provider of commercial real estate information, analytics and online marketplaces, is to acquire ForRent, a division of Dominion Enterprises, for USD350 million in cash and USD35 million in CoStar Group stock. ForRent’s primary service is digital advertising through a network of four multifamily websites — which includes ForRent.com, AFTER55.com, CorporateHousing.com and ForRentUniversity.com. ForRent had approximately 17,000 properties advertised on its websites as of June 2017….

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  • Introducing the CRE Podcasts Directory

    The Broker List Blog

    According to the Microfocus blog, more than four million hours of video is posted to YouTube each day. There are billions of Facebook, Instagram, Snapchat and Twitter posts every day. There are more than six billion Google searches every day, too. There are at least 250,000 podcasts out there. Marketing expert Mark Schaeffer writes often about “content shock,” the phenomenon where content creation vastly exceeds our capacity to consume it. He contends that the only way to get someone to consume …

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  • 5 Ideas To Make Your Office, And Your City, Smarter

    Bisnow – Washington D.C. Commercial Real Estate News

    As American cities look for new ways to use technology and partner with companies to create more appealing and efficient urban environments, innovative new concepts are coming to the forefront. At Tuesday's Inclusive Smart Cities Summit, hosted by the Washington D.C. Economic Partnership, speakers pitched topics from smart office environments to public-private transportation solutions to job training programs. Here are five of the best ideas we heard. 1. Use technology and space design to c…

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  • Deal to Acquire ForRent to Add Millions of Renters to CoStar’s Apartments.com Network

    Real Estate Investors HQ

    CoStar Group today announced an agreement to acquire ForRent from Virginia-based Dominion Enterprises as it continues to expand its Apartments.com online apartment rental platform with the goal of listing every single apartment unit available for rent in the U.S. Under the purchase agreement, expected to close in the fourth quarter of 2017, CoStar will acquire the operator of four multifamily rental websites for $350 million in cash and $35 million… The post Deal to Acquire ForRent to Add Millio…

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  • Deal to Acquire ForRent to Add Millions of Renters to CoStar’s Apartments.com Network

    CoStar – National News

    Deal to Acquire ForRent to Add Millions of Renters to CoStar's Apartments.com Network CoStar Adding Scale in Online Apt. Rental Space, 110 Million US Renters Spend Nearly Half a Trillion Dollars on Rent Per Year in Fast-Growing Consumer Market Segment By CoStar News Staff September 12, 2017 Email Print CoStar Group today announced an agreement to acquire ForRent from Virginia-based Dominion Enterprises as it continues to expand its Apartments.com online apartment rental platform with the go…

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