Latest Trends and Insights in Real Estate Technology

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  • Cadre Raises $18.3 Million to Fund Commercial Real Estate Software

    CRETECH

    Startup Cadre recently announced it has raised $18.3 million, according to TechCrunch. The funds were raised from Thrive Capital and General Catalyst. Other investors in this round of funding included Jon Winkelried, formerly of Goldman Sachs, Michael Fascitelli, formerly of Vornado Realty, and Andrew L. Farkas. Cadre has also made arrangements for a $250 million backstop, provided by an unidentified family office. Strong Industry Background Provides Foundation for New Startup Employing a staff …

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  • Agorafy Expands Its Real Estate Platform

    CRETECH

    The New York City-based real estate technology company Agorafy has recently introduced new single-family home and townhouse features to its digital real estate platform. Currently, Agorafy’s robust platform already provides support for thousands of residential and commercial property listings across the city’s five boroughs. With the addition of the latest features, the site’s capacity has been further expanded, giving users the ability to also expand their searches and marketing abilities. The …

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  • Brevitas Shortens the Commercial Real Estate Prospecting Process

    CRETECH

    In the commercial real estate business, the prospecting process can often be exhausting and time-consuming. Now, a new tool is helping to shorten the prospecting process. Brevitas was founded based on the idea of providing an exclusive marketplace for the acquisition as well as the disposition of assets within the commercial real estate realm. Designed specifically for owners, brokers, and principals whose needs are not currently met by traditional methods for buying or selling CRE, Brevitas fun…

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  • REscour Raises $1.3 Million in Seed Round to Automate Commercial Real Estate Research

    CRETECH

    REscour recently announced closing a $1.3 million round of seed investment funding. The commercial real estate data visualization and intelligence platform will use the capital from the funding to expand its engineering team and increase brand awareness. The round of funding was led by investors that included TechSquare Labs, AngelList, Chip Perry, the former CEO of AutoTrader.com. Based on the concept of providing more complete and accurate information, REscour assists commercial real estate pr…

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  • Newly Released Algorithm Improves Commercial Real Estate Leasing

    CRETECH

    Commercial real estate leasing just became easier with the release of a new algorithm from f9Analytics. The commercial real estate technology firm has announced the release of what has been described as a first-of-its-kind algorithm. Users will be able to solve a variety of different commercial real estate problems in a more efficient manner, including the ability to structure leases in real time. What the CRE Leasing Algorithm Does Released through a cross-platform API, the algorithm will give …

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  • New Tech Companies Changing the Landscape of Commercial Real Estate

    CRETECH

    The  landscape of commercial real estate as we know it is being transformed as an increasing number of new tech companies make their way onto the scene. With the emergence of these companies comes an entire arsenal of new products and services that are changing the way that commercial real estate brokers as well as their clients conduct business. REA is just one of the tech companies that have made the jobs of commercial real estate companies much easier. Extending the role of the contact manage…

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  • New Industry Event to Showcase How Technology Can Boost Profitability in Real Estate

    CRETECH

    Held in late March, the DisruptCRE New York Conference offered an opportunity for thought leaders in real estate development, property services, and other industry verticals to come together with technology innovators. Held in New York City’s Financial District, the event included a variety of topical and educational discussions as well as an exhibitor showcase. Tech companies were also presented with the opportunity to participate in a pitch segment, in which they were able to present their tec…

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  • Miniature Camera Technology Introduced to Commercial Real Estate

    CRETECH

    Thanks to the introduction of new technology, it is becoming increasingly easier for commercial real estate professionals to provide more accurate and cutting-edge service to their clients. The Farbman Group is one company blazing that trail with the use of mini cameras, according to a local CBS station in Detroit. With the use of drop cams and wearable cameras, the company is able to collect photos and video clips to demonstrate how space in a particular building is currently used as well as ho…

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  • FAA Finally Releases Proposed Rules for Drone Usage

    CRETECH

    After sitting on pins and needles for much of the last year, the commercial real estate industry has finally received the long awaited proposed rules for drone usage from the Federal Aviation Administration. The FAA released the rules last month to potentially allow for the use of small commercial Unmanned Aerial Vehicles. Under the rules, drones could only be used by individuals who have received flying certification and guidance regarding height, speed, and times at which the drones could be f…

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  • A Review of RE Meter

    CRETECH

    As commercial real estate professionals are well aware, the ability to move as quickly as possible is essential to success in this industry. At the same time, it is imperative that you be able to perform risk assessments in a reliable, accurate manner to ensure that your investments are protected to the greatest degree possible. Cue the introduction for (RE) meter. While the commercial real estate technology sector is continuing to evolve at a rapid pace, (RE) meter has introduced a completely i…

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