Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
GlobeSt
The US real estate market is predicted to return to pre-pandemic levels by 2023, with equity REIT investors poised to win big. Total annual returns for equity REITs are predicted to 27.8% in 2021, according to ULI, topping 2019’s previous high of 26%.
CREtech
Growing risks from climate change, such as wildfires, floods, and other hazards are demanding that professionals in commercial real estate change their decision-making processes both from an economic modeling perspective and a functional one. In this session, experts from Moody’s dive into: · The science behind climate risk data, and how experts are distilling that information into actionable, useful insights for CRE professionals. · How economists are integrating climate risk data into th…
Counselors of Real Estate
Regulation and oversight of climate disclosure and related carbon measurement is coming to the U.S. On April 9, 2021, the United States Securities and Exchange Commission (SEC) issued a risk alert cautioning firms that their Environmental, Social, and Governance (ESG) statements will be more heavily scrutinized. Deborah Cloutier, CRE, outlines how evolving ESG strategies may impact commercial real estate globally.1 In the U.S., following the SEC risk statement, President Joe Biden issued an Exec…
CREtech
Eric Flohr of Berkadia shares how technology companies looking to create disruption in CRE could more effectively approach potential clients and users.
Wall Street Journal
Tech billionaires are a quirky lot. Some are attempting to build a world imagined in utopian visions of the future, such as ‘Star Trek.’ Others, like Facebook FB 1.98% Chief ExecutiveMark Zuckerberg, would like us to spend as much time as possible here on earth, in what they call a “metaverse.” Facebook, which renamed itself Meta Platforms on Thursday—just “Meta” for short—is truly all-in on the concept. It’s as if Goldman Sachs were to rename itself Crypto….
CREtech
Now more than ever, we have become hyper-focused on understanding how indoor environments affect our health outcomes. The spaces we occupy contain an ecosystem of vital elements – from the air we breathe to the water we drink to the light we’re exposed to throughout the day. Our indoor environments impact energy levels, productivity, cognitive function, cardiovascular and pulmonary health, digestion, sleep wake cycles, moods, and overall health and wellness. As we emerge from the COVID-19 pandem…
New York Post
Office leasing is gaining momentum as the delta variant recedes and worker bees return to the hive — albeit many are yet to appear for all five days a week. “The second wave was scary,” said Matt Astrachan, vice chairman of the global real estate service company JLL. “That was the bottom and once we came off it we saw a robust surge in activity.”
CREtech
Tune in to our live Virtual Demo Day on Tuesday, November 2 to experience demos from the most innovative tech companies in commercial real estate. Virtual Demo Day is the best way to discover startups that you need to know about without leaving your desk. Plus, it’s FREE! Register now.
CREtech
New York (November 2, 2021) — CREtech, the largest international community of professionals devoted to technological innovation in the real estate sector, hosted its debut London conference on the 27th and 28th of October to extraordinary reviews and attendees feedback. This event was the first for CREtech in London since it’s acquisition of FUTURE PropTech in 2019. The successful London event came on the heels of the company’s first in person event since 2019 in New York on October 13 an…
Housingwire
Publicly traded proptech company Porch Group has been acquiring companies left and right over the past year, and it’s evidently not done yet. The firm announced Wednesday that it has acquired Denver-based digital mortgage automation and point-of-sales software company Floify. The acquisition cost Porch about $76.5 million in cash and $10 million of Porch’s common stock at closing, according to a press release. In 2021, Floify’s software, which streamlines the loan origination process by al…
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