Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
THE REAL DEAL
A French startup that offers on-demand photography to real estate firms around the world has raised $230 million in its latest round of funding. Formed in 2016 by CEO Thomas Rebaud, Meero manages a global marketplace of photographers available to clients looking for photos, video or virtual tours.
GLOBEST
Despite the long-awaited and much-heralded embrace of tech in the CRE industry, there are still some noticeable gaps in what type of technology is being adopted. For example, a new Deloitte Insights report points out that most CRE managers and investors continue to make heuristic, or instinct-based, decisions rather than ones informed by data analysis. There are several reasons why. Habit is a powerful explanation. “The industry has long thrived on relationships, which is how many investors h…
THE REAL DEAL
Facebook’s long-awaited crypto-anchored financial marketplace may emerge as a game-changer for real estate when it debuts next year. The platform, powered by blockchain, could allow tenants to send the rent with a click of a button, and buyers and sellers to complete multi-million-dollar transactions in real-time.
CREtech
You can still register for CREtech’s Virtual Demo Day Webinar happening today! Learn about the most innovative tech companies in commercial real estate. Virtual Demo Day is the best way to discover startups that you need to know about without leaving your desk. Plus, it’s FREE!
BISNOW
Artificial intelligence is expected to upend the global labor market and make corporate site selection a highly data-driven process, but commercial real estate doesn’t think AI’s economic revolution is necessarily a negative for the U.S. workforce. Banking and finance jobs remain popular today, but AI stands to wipe out or reassign 1.3 million jobs in the sector by 2030, according to London-based ISH Markit. A 2017 McKinsey report estimated as much as a third of global work activities could b…
REALNEX
Stafford, TX – June 19, 2019 – RealNex, a commercial real estate technology company, today announced an extended and expanded agreement with CCIM Technologies Inc., a wholly owned subsidiary of the CCIM Institute. The agreement provides, as a member benefit, all CCIM Technologies’ 9,000+ Premium Subscribers access to RealNex MarketEdge, a powerful financial analysis, presentation and marketing solution. RealNex will also host its MP Exchange, a commercial property listing and search solution, f…
REUTERS
NEW YORK (Reuters) – A producer of “smart home” software that helps landlords cut operating costs such as shuttling keys to waiting maintenance workers or guiding tours for prospective tenants has raised $32 million from Bain Capital Ventures and the owners of nearly 1 million U.S. apartments. Bain led the Series B fundraising round with $25 million on Wednesday for SmartRent, which is up against Latchable Inc and Google Nest for a foothold in the market for technology that helps property own…
NEW YORK POST
When Erica Davis reported for her first day of work as chief marketing officer of Meetup a few months ago, she wasn’t ushered into one of those fancy offices to which corporate executives are often treated. Nor was she placed with the marketing group she had signed on to lead. Instead, Davis found herself stationed at a very long, oblong table along with other company executives, computer monitors in front of them and ample personal space for family photographs and other personal items at eac…
PR NEWSWIRE
SEATTLE, June 18, 2019 /PRNewswire/ — EY announced that Karl Siebrecht, Co-Founder and CEO of FLEXE, the leader of on-demand warehousing and fulfillment, received the Entrepreneur Of The Year® 2019 Award in the Business Services Category in the Pacific Northwest Region. …
COMOTION PODCAST
Episode 29. Greg Lindsay chats with MetaProp Venture Advisor Elie Finegold about the intersection of multi-modal transportation and real-estate development. Elie is a New Yorker living car-free in Dallas, and has seen the e-scooter boom dramatically increase the number of Dallasites walking in the street. From delivery services to the advent of autonomy, Greg and Elie examine how the mobility revolution will impact the value of real-estate in the near future.
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