Latest Trends and Insights in Real Estate Technology

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  • Bird raises $75 million and acquires escooter startup Circ

    VENTUREBEAT

    The micromobility market consolidated a bit today in what might be a harbinger of wider contraction. Coinciding with a $75 million extension to Bird’s series D funding round that brings its total raised to $350 million (up from $275 million as of November 2019), the Berlin- and Santa Monica-based electric scooter and bike company confirmed it has acquired escooter operator Circ (formerly Flash) for an undisclosed amount. Over 300 employees from Circ’s offices in Europe will join Bird in its ongo…

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  • Kraftful raises $1M to help smart home companies make better apps

    TECHCRUNCH

    If a thousand companies make their own smart light bulb, do a thousand companies also have to design a light switch app to control them? Kraftful, a company out of Y Combinator’s Summer 2019 class, doesn’t think so. Kraftful builds the myriad components that an IoT/smart home company might need, puzzle piecing them together into apps for each company without requiring them to reinvent the light switch (or the padlock button, or the smart thermostat dial) for the nth time….

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  • GM’s Cruise rolls out Origin, an autonomous electric vehicle with no steering wheel

    VENTUREBEAT

    GM’s Cruise is launching the Origin electric autonomous vehicle and sliding doors today, the product of 3 years of work between General Motors, Cruise, and Honda. The Cruise Origin is designed without a combustible engine or a driver, decisions which Cruise CEO Dan Ammann says give people more space. The Origin can seat up to 6 people, with 3 passengers on each side looking toward each other in the rear-wheel drive vehicle.

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  • Rising Construction Costs Making Modular A Less Risky Bet

    BISNOW

    Modular construction — a type of pre-fabricated building that happens mainly off-site and is then pieced together — is still considered a new and risky concept. But in an environment of sky-high building costs and a widening affordability gap in New York City, some builders believe the potential gains are worth the leap of faith.

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  • Target CIO Helped Retailer Find Its Tech Groove

    WSJ

    Michael McNamara knew Target Corp. had challenges when he was hired as chief information officer in 2015. The retailer, knocked around by public failures including a December 2013 data breach, was “lacking confidence” and “down on its heels,” he recalled. While rival Amazon.com Inc. was amassing e-commerce market share, Target’s information-technology staffers—mostly outsourced—were focused on traditional IT tasks such as managing hardware and software vendors. Technology staff spent a lot of ti…

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  • Dean Hopkins, COO, Oxford Properties Group to Deliver a Solo Keynote Stage Presentation at Upcoming CREtech Austin Conference

    CRETECH

    CREtech (cretech.com), the leading global conference and research company devoted to innovation in the Built World, will be showcasing the leading-edge commercial estate development companies at its first event in 2020. CREtech has announced that Dean Hopkins, COO of Oxford Properties Group, will take the stage in Austin, Texas on April 22nd and 23rd. In a session titled “The Need for Standardization in CRETech”, Dean will shed light on Oxford’s innovation strategies and share his views on futur…

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  • Inside the $1,000 underground ‘sleeping pods’ that a developer wants to build in San Francisco’s super crowded housing market

    BUSINESSINSIDER

    A developer is proposing a housing project to the city of San Francisco that’s a bit outside of the box. The Kansas-based developer Chris Elsey of Elsey Partners, who runs the company with his twin brother, has plans to build two apartment buildings in San Francisco’s Mission neighborhood, which will include 88 50-square-foot underground “sleeping pods” that are essentially bunk beds. The plans need to be approved by the San Francisco Planning Department before the developers can move forward to…

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  • After WeWork, Real-Estate Startups Rethink Pursuit of Fast Growth

    WSJ

    Real-estate startups are retreating from a growth-at-all-costs model, casting aside an approach that has worked for many internet companies but has sputtered in the concrete world of office buildings and lodging properties. Startup companies often prioritize growth to establish dominance in an industry before competitors can get a foothold. But in industries like co-working and hospitality, the costs of leasing or renovating space can make pursuing rapid growth expensive and inefficient.

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  • Procore’s Plans for Construction Tech in 2020

    GLOBEST

    In July of last year, Procore, a construction technology software company, acquired Honest Buildings, a project management software start-up. Now, the two companies are fully integrated and are poised for growth in 2020.

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  • The Federal Government Is Looking To Lease Coworking Space Nationwide

    BISNOW

    Careers in federal government are known for job security and generous pensions, but also for layers of bureaucracy and cold, gray, impersonal buildings. The bureaucracy is unlikely to change, but soon, government workers around the country could be organizing hurricane relief, investigating regulatory infractions or rubber-stamping Social Security payments while natural light flows around them and kombucha pours freely from tapped kegs.

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