Latest Trends and Insights in Real Estate Technology

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  • Speaker Spotlight: Kevin Shtofman, National Real Estate Blockchain Lead, Deloitte Consulting

    CREtech

    Attending the CREtech New York Conference on October 16-17, 2019? Don’t miss Kevin Shtofman, National Real Estate Blockchain Lead at Deloitte Consulting on the Innovation Stage at CREtech New York for the session, “Data…Data…Data…” Learn from the leading data gurus in the industry on how today’s tech companies help their clients use data to achieve better ROI and outperform the market. Our team at CREtech recently caught up with Shtofman to learn more about his role and his vision fo…

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  • Ten-X Wins Prominent Commercial Real Estate Tech Award For Its Industry-leading Transaction Platform

    PR NEWSWIRE

    NEW YORK, Sept. 9, 2019 /PRNewswire/ — Ten-X Commercial, the nation’s leading transaction platform powering 90% of all online commercial real estate sales, today announced that it won first place in the sixth annual 2019 Real Estate Tech Awards (#RETAS) in the subcategory of transactions. This is the second consecutive year that Ten-X has been recognized by the #RETAS. In 2018, the company was named a winner in the category of transaction and underwriting….

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  • Sidewalk Labs spins out urban data-gathering tool Replica into a company

    TECHCRUNCH

    Replica, the data-gathering tool created within Sidewalk Labs that maps the movement of people in cities, is now a company. The newly formed company, which is headed by Nick Bowden, also announced Thursday it has raised $11 million in a Series A funding round from investors Innovation Endeavors,  Firebrand Ventures and Revolution’s Rise of the Rest Seed Fund. The capital will be used to accelerate Replica’s growth through new hires beyond its existing 13-person staff, expansion to new cities an…

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  • Patch Homes locks in $5M Series A to give homeowners financial freedom without debt

    TECHCRUNCH

    Home ownership has long been touted as the American dream. But rising rates of mortgage debt and student loan debt are making the pursuit of home ownership a nightmare. Debt-burdened individuals or those with inconsistent or tight cash flow can not only struggle to get credit loan approval when buying a home but also struggle to satisfy monthly mortgage payments even after purchase. Patch Homes is hoping to keep the proverbial American dream alive. Patch looks to provide homeowners with cash fl…

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  • Prevu Raises $2 Million in Seed Funding to Grow its Digital Home Buying Platform

    YAHOO FINANCE

    NEW YORK–(BUSINESS WIRE)– Round led by prominent seed-stage venture capital firm Corigin Ventures NYC buyers receive rebates averaging $23,000 using Prevu’s Smart Buyer™ Platform Prevu, a customer-focused digital home buying platform delivering industry-leading efficiency and savings, announced today the closing of its $2 million seed funding round. The round was led by Corigin Ventures, a prominent seed-stage venture capital firm with expertise in the real estate technology and consumer in…

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  • Oxford Properties to create 1M s/f of solar rooftops by year 2022

    REAL ESTATE WEEKLY

    Oxford Properties Grouptoday announced plans to develop a minimum of one million square feet of rooftop solar projects across North America by 2022. By piloting its rooftop solar project, Oxford seeks to demonstrate the economic benefits of solar energy, as well as the clear environmental benefits. The solar program is part of Oxford’s wider pledge to reduce its carbon emissions by 30% by 2025. The company — which co-developed Hudson yards with Related and is redeveloping the old St Joh…

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  • Developers land $162M loan for downtown Miami co-living tower

    THE REAL DEAL

    UPDATED, Sept. 12, 2:50 p.m.: Kevin Maloney’s Property Markets Group and Greybrook Realty Partners closed on a $161.5 million loan for a rental tower they’re planning in downtown Miami.

    The partners broke ground on the project, a 49-story, 646-unit building at 400 Biscayne Boulevard, in June. Centennial Bank and Square Mile Capital are the lenders, according to a press release.

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  • Meet the 7 early-stage startups blending tech and real estate that just got accepted to a high-profile accelerator. One is a TaskRabbit-like app for construction workers.

    BUSINESS INSIDER

    According to a report by CRETech, proptech investment in the first half of 2019 has already topped the amount raised in all of 2018. Funds have poured $14 billion into proptech companies in the first half, up more than 300% from the same period last year, and 2019 is on pace to be the biggest year ever for proptech investment. Proptech-focused venture firms like MetaProp, Fifth Wall, Moderne, and Camber Creek have played a significant role in the space’s rising profile. And MetaProp, founded …

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  • WeWork to List Shares on Nasdaq, Make Governance Changes

    WSJ

    WeWork’s parent company has chosen to list its shares on Nasdaq and outlined sweeping changes in its governance as the shared-workspace provider speeds up preparations for its hotly anticipated initial public offering in the face of tepid interest from investors. The moves are part of a plan by We Co., as the company is officially known, to begin officially marketing the shares to investors next week ahead of a trading debut the week of Sept. 23, people familiar with the matter said. …

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  • Facial Recognition Tech In Real Estate Pits Safety Against Liberty

    BISNOW

    Its supporters argue it can prevent terrorist attacks and catch criminals. Its critics say it is racist, ineffective and destroys civil liberties. And now commercial real estate is caught up in the ferocious debate about the use of facial recognition technology. Last month, UK developer Argent faced a storm of criticism when it emerged it had deployed facial recognition technology at King’s Cross Central, a 67-acre London scheme where Google and Facebook are building their UK headquarters.

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