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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  • Starting with Why – Implementing an Innovation Strategy for your Real Estate Organization

    Open Box Software

    Perform a search on Google Images for Innovation and you’ll soon find your screen ablaze with colourful variations of shining electric light bulbs. How the incandescent light bulb came to be the universal symbol for innovation can be attributed to the transformational impact it had on society. Its inventor, Thomas Edison, had developed a safer, more effective, and in time, cheaper alternative to the gas and whale oil used to illuminate homes and businesses during the early 19th century. Interest…

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  • Placester Brings in $27 Million in Series C Round to Grow Real Estate Platform

    CRETECH

    As tech advances continue to disrupt the real estate industry, more and more services are now available to help real estate brokers and agents serve their clients even better. Among those services is Placester, which recently announced a significant capital raise. The company brought in $27 million during its Series C round, which included investments from Romulus Capital and New Enterprise Associates. This brings the total amount raised by Placester to $50 million. Placester previously raised $…

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  • Wovax Takes a New Approach to Marketing Online Listings with Improved SEO

    CRETECH

    Wovax is taking a revolutionary approach to marketing online listings by providing a system centered around customized, native mobile apps combined with the company’s proprietary IDX. The result is real estate technology designed specifically for the mobile market. Marketed as the most advanced SEO-driven real estate platform currently available on the market, Wovax delivers real estate to an increasingly mobile generation.Making the Transfor…

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  • KiwiSpace – Introducing a Premier Co-Working Space for Professional Startups

    KiwiSpace

    KiwiSpace provides fast-growth start-ups with the appropriate environment for collaboration, technology & investment.   WASHINGTON, DC (PRWEB) JANUARY 19, 2016 KiwiTech, an active investor in technology startups, has announced today the formation of a subsidiary,  KiwiSpace, to provide co-working space for startups. KiwiSpace has just opened its first New York City location with high-end executive offices and shared space in Midtown. KiwiSpace is a professional and upscale alternative to the…

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  • Why Real Estate Could Be an Issue for Tech Startups in 2016

    CRETECH

    With the approaching of the New Year comes a tremendous amount of anticipation regarding the technological changes we are likely to see in the coming months. Numerous innovations have already shaken up the real estate industry over the last month, including new platforms, virtual reality, and the ability to do far more in the field than was ever thought possible. Even so, tech startup comp…

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  • Reonomy Appoints First Chief Operating Officer to Oversee Company Expansion

    Reonomy

    Start-up veteran Brooks Pettus joins Reonomy leadership team; will develop and implement growth strategy as firm expands offering and enters new markets  New York, January 20, 2016 – Reonomy, the fast-growing commercial real estate technology company, has named Brooks Pettus as the company’s first Chief Operating Officer. Pettus, a startup veteran with over two decades of business growth experience, will join the company’s New York-based team, and will be charged with operating and leading the g…

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  • Real Estate SaS Firm Nestio Raises $8 Million in Series A Round

    CRETECH

    Real estate firm Nestio recently announced that it has raised $8 million during a Series A round. The startup firm, which provides software as a service to real estate agents, brokers, and landlords involved in the rental market, was launched with the idea of helping real estate professionals manage inventory and communicate in a more efficient manner. Nestio also helps real estate professionals fill vacancies in a more timely manner. …

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  • Commercial Real Estate Intelligence Platform Actovia Supercharges User Experience

    Actovia

    Summary: Commercial Real Estate and mortgage intelligence firm Actovia has contracted a software redesign that will improve the user experience on the site. Subscribers will find the site extremely easy to use without any loss of the accuracy and relevance for which Actovia is known.       New York, NY (January 21, 2016) A leading commercial real estate (CRE) intelligence platform has recently taken steps to enhance the user experience on their site. Actovia is known for  providing specific, rel…

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  • $31.2 million acquisition financing secured by HFF for 345-unit multi-housing community in Denver, Colorado

    HFF

    DENVER, CO – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has arranged $31.2 million in acquisition financing for Villas at Parker, a 345-unit, garden-style multi-housing community in Denver, Colorado. HFF worked on behalf of the borrower, Advenir, Inc., to place the seven-year, 2.69-percent, adjustable-rate loan with three years interest only with Freddie Mac’s (Federal Home Loan Mortgage Corporation) CME Program.  The securitized loan will be serviced by HFF through its Freddie…

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  • Real Estate Agents Staying on the Cutting Edge of Technology to Land More Sales

    CRETECH

    When it comes to closing a real estate deal in today’s tech-driven environment, real estate agents and brokers are now increasingly relying on mobile capabilities. Time has always been of the essence in the real estate industry, particularly in hot, competitive markets, but the ability to act quickly has now become even more important. Brokers and their clients cannot afford to wait even a moment in order to land a property. Cutting-edge technology is now giving real estate professionals the abi…

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