Adopting a Technological Mindset in CRE, Part 2
CREtech
David Schwarts of Waterton examines the ‘technological mindset’ that he encourages within the company, and how he believes this to be one of the keys to his success.
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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Remote work triggers flexible living goldrush
Placetech
Hot on the heels of the rise in remote working, investors have poured hundreds of millions of dollars into businesses promising to introduce the same kind of flexibility into the home.
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HqO debuts EXPERIENCE conference at CREtech New York in October 2021
HqO
CREtech, the world’s leading community of professionals devoted to technological innovation in the real estate sector, and HqO, the premier end-to-end tenant experience provider for office buildings, today announced that HqO is debuting its marquee conference EXPERIENCE this fall at CREtech New York. Open to CREtech New York attendees and other CRE leaders, the HqO EXPERIENCE event is focused entirely on tenant experience….
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CREtech Announces Innovation Stage Agenda at Flagship Conference, CREtech New York
CREtech
New York, NY (September 30, 2021) — CREtech, the largest international community of professionals devoted to technological innovation in the real estate sector, has announced the line-up for the Innovation Stage, dedicated to the future of real estate and technology at CREtech New York this October 13-14 at Pier 36. The Innovation Stage provides CREtech New York attendees with a unique, curated experience designed to present the future of commercial real estate through a dedicated area where s…
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Big Tech Companies Amass Property Holdings During Covid-19 Pandemic
Wall Street Journal
The biggest U.S. companies are sitting on record piles of cash. They are getting paid next to nothing for holding it, and they are running out of ways to spend it. So they are buying a lot of commercial real estate. Google’s announcement last week that it would purchase a Manhattan office building for $2.1 billion is the latest in a string of blockbuster corporate real-estate deals since the start of the pandemic. Amazon.com Inc. last year paid $978 million for the former Lord & Tayl…
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Maybe Forcing City Workers Back to the Office Wasn’t the Best Idea
Curbed
When Mayor Bill de Blasio announced earlier this month that the city’s 300,000 municipal employees had to return to the office five days a week on September 13, many city workers panicked. Parents scrambled to line up child care. The immunocompromised rushed to put in requests to continue to work remotely. And people across all departments, from entry-level employees to senior management, began updating their résumés. By calling employees back while the Delta variant is still overwhelming the co…
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Renewed Focus on Governance Proves ESG Is More Than Just Sustainability
GlobeSt
Sustainability initiatives may be all the rage, but an increasing number of scandals among high-profile startups and highly-valued corporate behemoths is underscoring the role governance plays in corporate health and due diligence. As WeWork prepares to go public next month via a SPAC with BowX Acquisition Corporation, “it’s important to note that the first IPO failed miserably,” writes Trepp’s Jyoti Yadav in a new analysis, including “skewed voting power and strong centralized control” that …
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CRE Companies Put Old Hotels to New Uses
GlobeSt
If you find yourself with a batch of lemons, the wise move is to make lemonade. What if you’ve got hotel properties in a down hospitality market? Luckily, you’ve got some choices. For example, California-based Vivo Living, which turns hotels into multifamily properties, announced at the beginning of September that it opened its tenth “boutique efficiency apartment” complex. They come both furnished and non-furnished. Such hotel standards as free Wi-Fi, lounge areas, pools, and gyms become …
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Nexar and Las Vegas tackle traffic with digital twins
VentureBeat
Nexar is partnering with Nevada public road transit authorities to create digital twins to reduce traffic and improve safety. In effect, crowdsourced dashcam image data is used to feed digital twins that represent virtual models of road work. The partnership is another sign of consumer dashcam maker Nexar’s pivot to AI-infused digital twin-as-a-service offerings like its CityStream platform for governments and businesses.
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Helical, Gaedeke And Europi invest in Pi Labs’ global proptech fund
Business Leader
Pioneering European PropTech VC, Pi Labs, announces three new investors who join as limited partners (LPs) into its third institutional fund, Fund III. The new funding will support Pi Labs’ investment strategy of identifying the next generation of proptech start-ups and build on its position as Europe’s leading proptech VC. These latest investments in the Pi Labs fund demonstrate the sustained appetite for exposure to the proptech sector amongst both UK and international investors.
