Reonomy Partners With Infogroup To Deepen Ownership Data

Commercial real estate data firm Reonomy, a few months removed from a $68M funding round, has sealed another partnership to beef up its data offerings. Reonomy has launched an exclusive partnership with Infogroup, bringing the data company’s information on hundreds of millions of individuals and tens of millions of businesses onto the property data firm’s platform. Terms of the deal were not disclosed. “The reason we like these types of partnerships that have exclusivity and are deeper partnersh…

LiquidSpace Bids To Be The Federal Government’s One-Stop Coworking Shop

The federal government in December put out a call that it was looking for co-working space nationwide. A request for proposals from the General Services Administration noted that 50% of dollars allotted would go toward small businesses — but coworking operators would have to be active in at least four locations to qualify. That was a threshold many such companies were too small to meet.

AI can now design cities. Should we let it?

The coming M&A storm to dominate CRE

The tide has been slowly shifting toward mergers and acquisitions (M&A) in real estate tech, and this year a tidal wave will hit. A staggering 7,000 startups have received funding over the past five to six years and money invested in the sector doubled year over year, reaching $35 Billion in 2019. This frenzy of interest, however, has not been met with a similar flurry of Proptech adoption. Real estate dramatically lags behind other industries in embracing tech and innovation—“companies rein…

Startup Founders To Share Stories Of Successfully Selling Their Companies At CREtech Austin, Texas

CREtech (cretech.com), the leading global conference and research company devoted to innovation in the Built World, will be showcasing a panel of startup founders who have successfully scaled and sold their businesses. The event will be held in Austin, Texas on April 22nd and 23rd. CREtech organizes the largest events of its kind in the U.S. and Europe. As the M&A activity is heating up in the real estate tech sector, this panel will provide other startups and investors with insights as to h…

All-digital hotel opens in Fort Worth

Intel has collaborated with The Sinclair, Autograph Collection, to create what the partners claim is the world’s first all-digital hotel, connecting everything from smart and more sustainable and efficient building operations to in-room personalisation. The joint effort aims to deliver the “next-generation connected guest experience” through location-based analytics, as well as by utilising the latest offerings from Cisco, SAS and other digital vendors.

Legal & General appoints proptech firm Demand Logic to improve property portfolio performance

The portfolio is part of Legal & General Investment Management (LGIM). Demand Logic’s cloud-based software promises to cut energy costs and carbon emissions by 10% to 30%, slash maintenance time by as much as 30%, and improve staff productivity and reduce comfort complaints. The technology is already deployed in seven of LGIM’s commercial buildings and since June 2019 has helped save £180,000 in energy costs and 400-tonnes in carbon emissions.

Influencers In Technology

Tech has always been a tricky space for commercial real estate. At first, the industry was a laggard in tech adoption; then it soon caught up. In the meantime, technology has been evolving to the point where it can remake companies’ business models and go-to-market strategies. Keeping up with these trends requires both tech acumen and a deep understanding of commercial real. We’ve identified some of the top people who have accomplished that in the following pages.

Houwzer raises $9.5M, plans to double staff and expand to new markets

Tech-driven real estate brokerage Houwzer raised a $9.5 million Series A funding round as the 75-person company plans to double its headcount and expand to both the Baltimore and Orlando markets within the next year.  The funding, led by Princeton-based Edison Partners, brings Houwzer’s total backing to $17 million. Previous investors, including Ira Lubert and NBA Hall of Famer David Robinson’s Admiral Capital Group, also joined in the round.

Mitchell Schear, Executive Partner, Camber Creek to Speak on Funding Panel at Upcoming CREtech Austin Conference

CREtech (cretech.com), the leading global conference and research company devoted to innovation in the Built World, will showcase a panel around the current state of funding and valuations at their first event in 2020. To be held in Austin, Texas on April 22nd and 23rd, the event will feature Mitchell Schear, Executive Partner at Camber Creek along with several other leading VC’s and investors in the real estate tech sector. They will share their views on current funding trends and the outlook f…