Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Bisnow
Commercial real estate firms are rapidly trying to shed their tech-averse nature as they adapt to mandated social distancing, creating a demand surge for proptech companies that allow prospective tenants to tour spaces virtually.
Cascade Business News
Home-grown success story CrowdStreet, which has pioneered a path for individual investors to band together and acquire prime commercial real estate assets nationwide, has passed a staggering $1 billion milestone in total online investments.
Bisnow
Bisnow has a new podcast chronicling how members of the commercial real estate industry are dealing with the impact of the current global health crisis. The economic impacts are vast, and it is forcing businesses to adapt and make difficult decisions.
Yahoo Finance
The coronavirus (COVID-19) outbreak is being felt globally and thousands of Americans have lost their jobs and are struggling to make ends meet and keep a roof over their heads. Homie, a real estate tech disruptor with headquarters in Utah, has partnered with United Ways in Utah, Arizona, and Southern Nevada to help provide relief to those most impacted by coronavirus through a new Homie Fund….
NREI Online
It’s as if co-working giant WeWork absorbed the initial jolt of a 7.0-magnitude earthquake and continues to be rocked by aftershocks. In August, WeWork’s New York City-based parent company filed for an IPO. But only a month later, co-founder Adam Neumann stepped down as CEO and the company yanked the stock offering after the IPO paperwork exposed significant financial and structural problems. Then, in November, the company laid off 2,400 employees….
Wall Street Journal
The coronavirus has changed what it means to clean. In the year 2019 B.C. (Before Coronavirus), homeowners or their housekeepers could basically scrub, wipe, dust and vacuum their way to a clean house.
TechCrunch
Earlier today, to get a sense of what’s happening in the land of venture capital, the law firm Fenwick & West hosted a virtual roundtable discussion with New York investors Hadley Harris, a founding general partner with Eniac Ventures; Brad Svrluga, a co-founder and general partner of Primary Ventures; and Ellie Wheeler, a partner with Greycroft.
The Real Deal
It was just a few months ago that Zillow was being asked every five minutes to place an offer on someone’s home. Demand was such that the listings giant – which historically made money off agent advertising – jumped headfirst into instant homebuying in 2018 and shifted its entire business model a year later.
Michael Beckerman
Don’t worry, CREtech isn’t going anywhere nor is our industry ? In fact, I have no doubt that my company and our industry as a whole will emerge from this pandemic stronger, wiser and positioned for an entirely new era of innovation in the real estate industry.
Lauren
Don’t worry, CREtech isn’t going anywhere nor is our industry 🙂 In fact, I have no doubt that my company and our industry as a whole will emerge from this pandemic stronger, wiser and positioned for an entirely new era of innovation in the real estate industry. Thanks to everyone who commented and gave me feedback on my recent blog. It was truly amazing to witness the outpouring of support and high level of encouragement I am seeing from our community. Perhaps it’s because everyone has more …
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