Latest Trends and Insights in Real Estate Technology

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  • Dealpath Announces Strategic Investment From Blackstone

    BUSINESSWIRE

    NEW YORK & SAN FRANCISCO–(BUSINESS WIRE)–Dealpath, the leading software solution for real estate investment and portfolio management, announced today a strategic investment from Blackstone (NYSE:BX). The partnership will provide Dealpath with the deep industry experience and expertise from Blackstone’s Real Estate and Innovations teams. Blackstone intends to continue building upon the Dealpath platform as a core of its data strategy and architecture empowering maximum value creation from p…

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  • Execs dish on proptech on Day 2 of Future City

    THEREALDEAL

    Real estate leaders and tech startup founders converged Monday at the convention center at the Baha Mar resort for a full day of panels on how proptech is changing the industry. To start the day, Stuart Elliott, The Real Deal‘s editor-in-chief, led a discussion on how high-tech amenities are reshaping commercial and residential development. Lee Bienstock, head of enterprise partnerships at Google, and Peter Weiss, the chief real estate officer at Latch, were among the speakers.

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  • UK leading Europe’s proptech sector as tech giants position proptech solutions

    PROPERTYWEEK

    The UK is leading proptech investment into Europe and has attracted five times more investment than Germany, according to a new report by the University of Oxford. As of June 2019, some $5bn (£3.8bn) has been invested in 805 UK proptech companies, according to the report from the Oxford Future of Real Estate Initiative at Saïd Business School. In the past two years, investment in proptech has grown twice as fast as the fintech market. The report predicted that tech giants such as Amazon, App…

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  • Homie Raises $23 Million for Geographic Expansion and the Launch of First End-to-End Home Selling and Buying Platform

    YAHOO FINANCE

    Homie’s oversubscribed Series B round of financing positions the company for continued growth in 2020. Homie, a real estate technology company that has been changing the way homes are bought and sold since 2015, announced the successful completion of its Series B equity round of financing. The $23 million capital raise will be used to expand to new markets, and continue the buildout of its end-to-end home buying and selling platform. The Series B comes a year after the company raised $10 million…

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  • Essensys’ US sales rise 52%

    PLACETECH

    The London Stock Exchange-listed global provider of software to the flexible workspace industry, is enjoying “rapidly expanding US business”, the firm said in a trading update for the half year ended 31 January 2020. Group revenue for the half year was in line with management expectations at £11.4m, an increase of 19% (H1 FY19: £9.6m). Recurring revenue was £9.7m, a 29% increase year on year (H1 FY19: £7.5m), representing 85% of group revenue.

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  • Year of disruption for UK’s £5bn proptech sector – Oxford Saïd

    PLACETECH

    The UK is leading the way in proptech investment in Europe, a report from Oxford Saïd Business School has uncovered, with 2020 set to be a pivotal period for adoption, subject to overcoming regulatory hurdles. As of June 2019, over $5bn was invested in 805 UK proptech companies, five times more than Germany. PropTech 2020: the future of real estate. Investment in proptech start-ups has been coming from several directions: traditional venture capital funds with diversified portfolios, specialist …

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  • Soil Connect Releases Version 2.0 Of Its Digital Platform For Construction Professionals

    PULSE2

    Soil Connect — an innovative digital platform connecting those who have soil with those who need it — announced the launch of version 2.0 of its mobile and web-based apps. Soil Connect — an innovative digital platform connecting those who have soil with those who need it — announced the launch of version 2.0 of its mobile and web-based apps. This brings much-needed modernization to the transport and management of soil, aggregates, and other materials.

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  • Fifth Wall closes $100M fund to bring online retailers into physical stores

    THEREALDEAL

    A new generation of e-tailers are looking to make their first, risky step into the world of physical real estate, and one real estate-focused venture capital firm sees an opportunity. Fifth Wall Ventures has closed a $100 million fund to invest in such companies, the Wall Street Journal reported. The fund’s investors include public retail landlords like Acadia Realty Trust and Macerich. The fund will connect those companies with potential tenants as part of its strategy.

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  • Micro-investing Offers Accessibility For Small Investors

    THEREALDEAL

    So-called micro-investing in private real estate is an increasingly accessible option for investors looking to diversify their portfolios with small dollar value investments. Micro-investing allows investors to buy shares of properties and real estate portfolios with buy-ins as little as $5 in some cases, according to Yahoo Finance. The investments work much like real estate investment trusts, but don’t allow investors to buy in specific properties and do not require the high dollar commitments …

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  • CREtech Announces Its 3rd Annual Trailblazers Summit To Be Held In Napa Valley, California

    CRETech

    New York, NY (February 26, 2020) —CREtech (cretech.com), the leading global conference and research company devoted to innovation in the built world, has announced that they will hold their 3rd Annual Trailblazers Summit in Napa Valley on June 17-19 at the stunning Silverado Resort.  The Trailblazers Summit was organized to convene the leading thought-leaders, investors, startups, developers and brokers in the real estate and tech sectors.  Over three days, attendees enjoy Keynote presentations …

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