Real Estate Crowdfunder Raises $118M In Series B Funding
Bisnow
The act, co-authored by Groundfloor co-founder Nick Bhargava, allowed small businesses to fundraise up to $75M from nonaccredited investors
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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Groundfloor steps up its real estate debt crowdfunding platform with fresh capital
TechCrunch
Crowdfunding has become an increasingly popular way for companies to raise capital, and investors are taking notice. Groundfloor, the first real estate crowdfunding platform to gain regulatory approval, announced today that it raised its first round of institutional capital since 2015.
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Big Tech Makes a Big Bet: Offices Are Still the Future
New York Times
Even as they allow some employees to change how often they come into the office, tech companies are rapidly buying and leasing properties around the country.
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Real Estate “disruptor” cuts staff by 28 percent
The Real Deal
Homie, the real estate industry disrupter selling properties in Utah, Arizona, Colorado, Idaho and Nevada, laid off 119 employees this week — 28 percent of its staff — claiming it was struggling in a market bereft of supply.
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Facilio, which develops AI-powered property management software, nabs $35M
VentureBeat
As the pandemic-induced demand for real estate accelerates, large property managers are boosting their investments in digital technologies to help manage their various buildings. Even pre-pandemic, 95% of real estate companies had someone responsible for running point on digital transformation and innovation efforts, according to a 2019 KPMG survey. Most cited the need for improved efficiencies, cost reduction, enhanced decision-making, and better asset management….
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How the CRE Tech Market is Evolving in Asia Pacific, Part 3
CREtech
Raja Seetharaman, Co-founder of propstack, speaks to how technology is transforming the historically opaque nature of the real estate market in Asia Pacific to become much more transparent, and how this will benefit owners, operators, and tech companies.
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CREtech Climate Cast: Tackling Cities’ Greatest Challenges featuring Dan Doctoroff
CREtech
Dan Doctoroff, Founder & CEO of Sidewalk Labs, discusses the big vision that formed Sidewalk Labs and the connection with Google that made them the ideal partner. Dan also shares their mission at Sidewalk Labs and his thoughts on the role the public sector will play in legislating net zero commitments in the built world.
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Real-Estate Venture Boom Is Tested by Stock Market’s Slide
Wall Street Journal
Property startups emerged as one of the hottest tickets for venture investors during a record-breaking 2021. The recent stock-market selloff is testing the limits of that boom.
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Andre Brumfield, Principal & Global Leader for Cities + Urban Design at Gensler, Added to Keynote Speaker Lineup for CREtech San Diego 2022 Conference
CREtech
New York, NY (February 17, 2022) — CREtech, the largest international community of professionals devoted to technological innovation in the real estate sector, has announced Andre Brumfield, Principal & Global Leader for Cities + Urban Design, Gensler, as a Keynote Speaker at CREtech’s debut West Coast conference in 2022, CREtech San Diego, taking place in person on March 22-23 at the San Diego Convention Center. Gensler is a global architecture, design, and planning firm with 50 locatio…
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HONEYWELL RECOGNIZED FOR INNOVATION IN SMART BUILDINGS
Honeywell
Honeywell (Nasdaq: HON) today announced that Verdantix has named it to the independent research firm’s Green Quadrant – IoT Platforms for Smart Buildings 2022 report. The Verdantix report highlights a market that consists of innovation driven by the need to meet expanding customer demand. The report states, “building IoT platform vendors are well-placed to tackle key use cases and generate value across real estate portfolios for the full range of building stakeholders, from C-suite executives…
