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Latest Trends and Insights in Real Estate Technology
Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
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Available Now: CREtech’s 2019 Mid Year Report on State of The Commercial Real Estate Tech Sector
CREtech
Download CREtech’s 2019 Mid Year Report on the State of The Commercial Real Estate Sector today to learn about the record setting $14 billion VC investment into the commercial real estate tech sector in 2019 so far, what to expect in terms of VC investment for the remainder of 2019, the top 5 funding trends of 2019 and more. Plus, get access to our directory of the most innovative technology providers and startups for the commercial real estate industry
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CREtech Announces Chief Digital and Tech Officers of Hudson Yards as Keynote Speakers for October 16 and 17th NYC Conference
CREtech
In a rare public appearance, attendees of #CREtechNYC2019 will hear from Related’s Hudson Yards Chief Digital Officer, Scott Evans and Chief Technology Officer, Kenneth Finnegan, about how technology has shaped Hudson Yards into one of the most globally sophisticated and innovative mixed-use projects ever constructed.
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How Opportunity Zones and Co-Working Spaces Joined Forces
NY TIMES
Opportunity zones were created to spur development in distressed neighborhoods, but developers in some areas are struggling to find tenants for their new properties. Their savior may be another rising trend in commercial real estate: co-working. Lured by the lower cost of shared office space, start-ups also gain access to a network of eager investors looking for companies to back, a combination that is helping to create incubators in underserved markets….
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WeWork Is Valued 10 Times Greater Than This Profitable, Public Rival
WSJ
Investors and analysts are looking at the rocky experience of a WeWork rival that went public nearly 20 years ago for insight into what could lie ahead for the New York-based co-working company. WeWork’s parent, We Co., last week released papers for its initial public offering, which could price by next month. Unlike Lyft Inc., Snap Inc. and a number of other startups that have gone public recently, We Co. already has a public competitor with a similar business model in IWG PLC….
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Rapidly Expanding Startup Aims To Be The Airbnb Of Self-Storage
BISNOW
The business model of Utah startup Neighbor is easy to understand: be the Airbnb of the self-storage industry by matching people with extra space to other people with goods to store. Also, undercut conventional self-storage competitors on price, and take a piece of the $38B self-storage industry.
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Breather Hires CTO Amid West Coast Expansion, Hiring Spree
BISNOW
Flexible workspace company Breather has added another executive to its growing C-suite, with Phillippe Bouffaut coming on as chief technology officer. Most recently vice president of products and engineering at media intelligence company Cision, Bouffaut will focus on further improving Breather’s digital booking system and office management capabilities. That will include implementing an app to assist office managers with various time-consuming tasks, such as ordering groceries.
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John Burger: how tech makes real estate “more professional”
THE REAL DEAL
VC-backed rivals. A new mansion tax. And the proliferation of listings platforms. The Real Deal talked to six players in New York City’s residential space about the new pain points they’re feeling in a sector that’s getting squeezed from all sides. Below John Burger shares his take on what has changed — and what’s remained the same — as technology has permeated the brokerage landscape.
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Corporate Tenants Use Branded Amenities to Attract Talent
GLOBEST
Corporate office tenants are incorporating branded amenities in the workplace as a way to attract and retain top talent. Branded amenities has a dual purpose, the both create an immersive experience in the office and as an emblem of company culture and product. These branded amenities can include everything from water features to interactive technology outposts. It all depends on the corporations industry and product.
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Coworking Firms Draw Tenants With Babysitting, Farm-to-Desk Dining
COMMERCIAL OBSERVER
Long gone are the coworking days when it was enough to offer a cheap desk and maybe a beer keg. At, for instance, The Wing, the coworking space designed for women, which will count at least 13 locations by year-end, members are offered showers, a roof deck, a beauty room, and even a recently-launched babysitting space called Little Wing that provides open play and story time for children and support groups for mothers. Now available in their Soho and West Hollywood locations, Little Wing will e…
