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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  • Starbucks Pickup and Amazon Go Collaborate to Launch New Store Concept in New York City

    Starbucks

    The new Starbucks Pickup with Amazon Go, located in New York City at 59th Street between Park & Lexington Avenues, opens on November 18, 2021.  The store is a combination of a Starbucks Pickup and Amazon Go, utilizing the order ahead feature in the Starbucks app and Amazon Go’s Just Walk Out technology to create an easy checkout experience, alongside a modernized lounge that features individual workspaces and expanded tables with power outlets and USB ports. The new store offers the full Sta…

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  • What Went Wrong With Zillow? A Real-Estate Algorithm Derailed Its Big Bet

    Wall Street Journal

    When executives at Zillow Group Inc. Z -1.72% pored over the company’s earnings in the spring, they saw a problem: The real-estate firm was making too much money. Zillow, which rose to prominence with online listings, had bet its future on an algorithm-based home-flipping outfit called Zillow Offers, which would buy houses, make minor renovations and sell quickly….

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  • Flush With Cash And Skittish Over Stocks, Retail Investors Are Piling Into Crowdfunding

    Bisnow

    For 38 years, Jamestown has raised equity from high net worth German investors to fund its $35B of commercial real estate transactions, including the iconic redevelopments of Ponce City Market in Atlanta and Chelsea Market in New York.

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  • Workiz raises $40M on a surge of interest for productivity tools aimed at home service teams

    TechCrunch

    We may hear a lot about how big businesses are undergoing digital transformation, but the trend isn’t exclusively limited to them, and today a startup that’s building better productivity tools for a very offline part of the working world — home services professionals — is announcing a growth round on the heels of strong demand for its technology. Workiz — which provides tools to home services teams to help with scheduling appointments, estimating costs, invoicing for work and more — has raised …

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  • Tulip tower: Government rejects plans for London skyscraper

    BBC

    The Tulip skyscraper will not be built after a government panel found it to be “poor and unsympathetic to the historical context” of the capital. The 1,000ft (305m) tower was initially approved by the City of London Corporation, but the plans were rejected by London’s mayor. …

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  • Business Schools Respond to a Flood of Interest in E.S.G.

    New York Times

    As the number of jobs focused on environmental, social and governance issues grows, M.B.A. programs are updating their courses to meet demand from students and recruiters.

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  • 1 big thing: COVID has changed home design for good

    Axios

    The pandemic may be on the wane, but the appetite for homes where residents can each have their own space — and enjoy time indoors — will be a lingering legacy, Jennifer A. Kingson writes. Why it matters: Builders, architects and interior designers are all adjusting to a new reality in which we spend more waking hours at home and don’t take for granted that household members will leave every day for work or school.

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  • Proptech’s latest SPAC: Brivo to go public in $800m merger

    Placetech

    The access control provider has announced a merger with Crown PropTech Acquisitions to become a publicly listed company valued at $808m.

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  • Proptech Hustles to Meet COVID-Driven Demand for Better Indoor Air

    Commercial Observer

    In their ongoing efforts to return workers to offices as COVID-19 wanes, companies and other organizations are pushing landlords and owners to improve indoor air quality (IAQ), with both sides engaging a wide range of proptech startups and more established companies to meet the demand.

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  • Companies Order Record Number of Robots Amid Labor Shortage

    Wall Street Journal

    Robotics orders by North American companies are on track for their biggest year, according to an industry group. Total robotics sales for the first nine months of the year were $1.48 billion, topping a previous record of $1.47 billion set over the same period in 2017, according to the Association for Advancing Automation, or A3. Sales rose from $1.09 billion in the first nine months of last year.

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