Latest Trends and Insights in Real Estate Technology

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  • The Digitization of the Supply Chain: IoT and Blockchain

    COLLIERS

    The enhancement of existing warehouse management systems (WMS), with the implementation of components of IoT, has the potential to strengthen a retailer’s overall operational efficiency. Warehouse executives are on board, with 52% planning to increase their technology investments in the near future, specifically leading with IoT, blockchain, artificial intelligence (AI) and automation. The economic impact of IoT in retail environments as estimated by McKinsey will range from $410 billion to $1.2…

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  • Deloitte Clients: Moving Forward on Blockchain

    GLOBEST

    NEW YORK CITY—Kevin Shtofman, who heads global technology strategy for Deloitte’s real estate group, says 2018 was the year for testing blockchain. He adds 2019 is the year companies are assessing its value. And 2020 will be the year the technology will be adopted on a far greater scale in the real estate industry.

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  • What will proptech look like in 2019 and beyond?

    THE REAL DEAL

    Every year, MetaProp’s Zach Aarons breaks out his crystal ball, likely an app, and makes proptech predictions for the next year — and b e y o n d ! Already, it’s been a big year for proptech: Some $12.9 billion was invested in real estate tech startups, according to research firm CREtech. Having beat out record-breaking 2017, which saw $12.7 billion for the whole year, big tech changes could be coming real estate’s way….

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  • Avail Partners With Lemonade for Tenant’s Renters Insurance

    AVAIL

    Here at Avail, our values are extremely important to us. That’s why we only partner with companies that align with our values and make lives easier for DIY landlords and their tenants.  As of July 17, 2019, Avail has partnered with Lemonade to become exclusive partners in providing renters insurance to tenants nationwide. Through Lemonade’s advanced machine learning technology, we’re now able to seamlessly provide digital proof of insurance — eliminating the outdated process of tenant’s having t…

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  • WeWork Leases 135K SF at Onni’s Wilshire Courtyard

    COMMERCIAL OBSERVER

    WeWork has taken its thirtieth space in Los Angeles County with a new lease at Onni Group’s recently purchased office complex in Miracle Mile. The flex office firm signed a lease for over 135,000 square feet spanning four floors at 5750 Wilshire Boulevard, one of two buildings at Wilshire Courtyard, according to information from WeWork.

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  • Bing Maps gains improved real-time transit updates and alternate routes handling

    VENTUREBEAT

    Not to be outdone by Google, which recently launched AI-informed bus traffic delays and commute busyness estimates in Google Maps, Microsoft today highlighted a few of the improvements that have rolled out to Bing Maps over the past six months. They mainly involve real-time updates and trip frequency features, but also touch on alternate route recommendations….

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  • Summer Savings Conference Passes Now Available for CREtech New York 2019

    CREtech

    CREtech will assemble the most sought-after speakers, the leading startups, investors from around the world, motivated developers/owners and brokers to discuss all things real estate tech innovation. Our sold-out events are a must-attend for real estate professionals to network, discover and transform your business.

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  • WeWork Co-Founder Has Cashed Out at Least $700 Million Via Sales, Loans

    Wall Street Journal

    WeWork Cos. co-founder Adam Neumann has cashed out more than $700 million from the company ahead of its initial public offering through a mix of stock sales and debt, people familiar with the matter said—an unusually large sum given that startup founders typically wait for the IPO to monetize their holdings.

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  • This VC Firm Is Persuading Real Estate Rivals to Become Friends

    BLOOMBERG

    Fifth Wall employed an unusual strategy to raise its second venture fund: It got rival real estate companies to pool resources to invest in property-technology startups. Los Angeles-based Fifth Wall said Wednesday that it closed the $503 million fund by bringing together mall owners, hotel companies and office developers. Four major U.S. homebuilders invested in the fund — D.R. Horton Inc., Lennar Corp., PulteGroup Inc. and Toll Brothers Inc. — as well as competing brokerages CBRE Group Inc…

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  • Retail’s Adapt-Or-Die Moment: How Artificial Intelligence Is Reshaping Commerce

    CB INSIGHTS

    Retail is under pressure to crack the AI code. After all, corporations in every industry are scrambling to adapt and integrate artificial intelligence into their products — and retail is no exception. Between Q1’13 and Q2’19, retail AI startups looking to address retailers’ AI needs raised a total of $2.67B across 564 deals.

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