Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Commercial Observer
With every passing month, the flexible workplace becomes more prevalent, and more of a constant, for startups and enterprises alike.
Business Insider
Companies like Compass, Opendoor, and Redfin are reporting losses and cutting thousands of jobs. The proptech sector is battling two challenges at once: a slowing housing market and a tech bust.
JLL
JLL is increasing its technology presence in China and intends to set up a new RMB fund. The JLL Spark China Venture Fund will launch in 2023 allocated for financing China-based proptech companies.
The New York Times
WeWork said Thursday that it was going to close roughly 40 “underperforming” locations in the United States and tempered its revenue forecast for the year, highlighting the challenges the co-working company still faces after its near collapse and subsequent bailout in 2019.
Commercial Observer
Not long ago, the subject of insurance compliance was not something that commercial real estate executives discussed on a strategic level.
PlaceTech
The business of using algorithms to quickly buy and sell homes has suffered another setback as volatility in US house prices exposed one of the sector’s biggest players to substantial losses.
CREtech
New York (November 7, 2022) — CREtech, the largest international community of professionals devoted to technological innovation in the real estate sector, has announced their 2023 in-person event schedule which will boast unparalleled networking opportunities, presentations from the leading built work innovation experts, and much more. Attracting over 5,000 delegates in 2022, CREtech conferences are recognized as the most important and forward-thinking events available in the real estate tech s…
CNBC
JPMorgan Chase is betting that landlords and tenants are finally ready to ditch paper checks and embrace digital payments.
Axios
The halcyon day when all our smart home devices talk to one another — and reduce our energy bills — took a giant step forward Thursday with the introduction of Matter, a widely-backed connectivity standard.
CommercialEdge
Discover new opportunities to capitalize on dynamic market conditions and maintain your competitive advantage. Learn how to improve leasing workflows, visibility and collaboration with this dedicated resource for forward-thinking CRE businesses. This latest resource outlines the technology-driven strategies landlords can use to boost occupancy while reducing operational costs.
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