Latest Trends and Insights in Real Estate Technology

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  • StepLadder, the collaborative deposit saving platform for first-time buyers, raises £1.5M

    TECHCRUNCH

    StepLadder, another London-based startup aiming to help so-called “generation rent” get onto the housing ladder, has raised £1.5 million in seed funding. Backing the round is Spanish banking giant BBVA  and fintech VC Anthemis via the London-based venture studio on which the pair have partnered. Early investor Seedcamp also followed on, in addition to unnamed angel investors. StepLadder  says it will use the new capital and support provided by BBVA/Anthemis to further develop its “collaborat…

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  • Google rolls out updates to AI Platform Prediction and AI Platform Training

    VENTUREBEAT

    Google’s AI Platform, a cloud-hosted service facilitating machine learning and data science workflows, today gained a new feature in backend models that tap powerful Nvidia graphics chips. In related news, Google debuted a refreshed model training experience that allows users to run a training script on any range of hardware.

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  • Ten-X Commercial Plots Data Expansion Using AI

    GLOBEST

    NEW YORK CITY – For Ten-X Commercial, a commercial real estate technology firm, the year 2020 is all about leveraging the data it’s collected for the past decade it has been in business, Maureen Waters, president of the firm, tells GlobeSt.com. “In 2020, for us, it is all about the data. Ten-X has data over ten years, and we want to take that data and think about how to connect it with human and science,” she said. The San Francisco-headquartered firm is developing an artificial intelligen…

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  • Panelists Say Building Tech Will Reshape Hospitals, Hotels and Everything in Between

    COMMERCIAL OBSERVER

    Landlords and builders aren’t the only stakeholders who’ll sooner or later have to reckon with an influx of new smart-building technology. Before too much longer, anyone who sets foot inside a commercial building won’t be able to avoid parlaying with some bleeps, bloops and bots. Panelists at Commercial Observer’s Building Tech Forum in Midtown on Wednesday pointed out that some hospital patients and hotel guests are already finding themselves interacting with fewer human staff members and mo…

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  • SoftBank’s WeWork Bailout Draws Investor Concern

    WSJ

    Investors and credit-rating firms are growing concerned about rising risks and weak controls at SoftBank Group Corp. 9984 -0.52% after the Japanese conglomerate’s nearly $10 billion bailout of WeWork. SoftBank announced late Tuesday it would spend $4.5 billion in share purchases and around $5 billion on debt financing to rescue the floundering office-share firm. SoftBank and its $100 billion Vision Fund, which is backed mainly by the company and two Middle East sovereign-wealth funds, had alr…

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  • Blackstone’s Online-Shopping Play: 800 Million Square Feet of Warehouses

    WSJ

    Blackstone Group Inc. BX 1.56% is betting that the rise of online shopping will remain a bright spot in the face of slowing global economic growth. But it isn’t buying retailers. It’s buying warehouses. The private-equity giant’s real-estate funds have done some of the year’s biggest buyouts, announcing an $18.7 billion purchase of warehouses from Singapore-based GLP in June and signing a deal in September to buy a portfolio of warehouses from Colony Capital Inc. for $5.9 billion. Both price …

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  • Planned Companies Unveils Workforce Communication System

    MANN PUBLICATIONS

    Planned Companies, a real estate service provider, is unveiling its fully-integrated communications platform, Employee Nexus at CREtech New York, which will be available for companies with a significant portion of their employees who are regularly in the field. The technology service aims to deliver a solution for easy, measurable, two-way communication between an employer and its employees.

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  • TSCG / TSCG Analytics and Spatial.ai Announce Partnership Integrating Geosocial Data For Commercial Real Estate Optimization

    SPATIAL.AI

    Atlanta, GA – October 23, 2019 – TSCG (formerly The Shopping Center Group) / TSCG Analytics, a leading provider in real estate analytics and advisory services, and Spatial.ai have announced the integration of Geosocial data into TSCG’s location analytics toolset. TSCG advisors and analysts will now be able to leverage location-based social media data to better understand consumers: their attitudes, their behaviors, and the shopping and dining experiences that interest them most. Through t…

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  • Parking Evolves with RideShare and Charging Needs

    GLOBEST

    AUSTIN, TX—The percentage of global city dwellers today is 55%, a number that is expected to increase to 68% by 2050. While urban migration patterns increase populations in metropolitan areas around the world, and cities become hubs of business, technology and culture, expansion is restricted by deteriorating infrastructure and declining surface capacity. Urban areas are experiencing an evolution from the previous model of disjointed transportation and navigation to intelligent mobility syste…

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  • WeWork Employee Options Underwater as Ex-CEO Reaps

    WSJ

    Adam Neumann stands to receive up to $1.7 billion as part of a deal with SoftBank Group Corp. to step away from office-space startup WeWork. The company’s employees aren’t doing so well. Thousands of staff are slated to be laid off soon as the company rapidly tries to cut costs and steer the money-losing company toward a path to profit, according to people familiar with the strategy.

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