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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  • Asset Tokenization To Open Up UK Property Investment To The World

    BLOCKCHAIN MAGAZINE

    BRIKCOIN is a UK based private real estate development company that is tokenizing their affordable housing developments and allowing anyone from around the world to invest in their properties through their website. The company was founded by two UK property industry veterans and supported by blockchain and marketing experts. The company has an innovative financing model where they build affordable housing properties in partnership with local housing councils in the UK and with financing from …

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  • INDUSTRIOUS EXPANDS INTO KANSAS CITY

    ALL WORK

    NEW YORK, NY (June, 2019) – Industrious, the largest premium flexible workspace provider in the U.S., today announced its expansion into Kansas City, MO.  The company will take approximately 30,000 square-feet at Country Club Plaza, the 15-block mixed-use district with more than 100 shops and 30 restaurants co-owned by Macerich and Taubman….

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  • DeepMind’s AI uses aerial and ground-view data to navigate unseen areas

    VENTUREBEAT

    Might street-navigating AI be able to traverse previously unseen neighborhoods given sufficient training data? That’s what scientists at Google parent company Alphabet’s DeepMind investigate in a newly published paper (“Cross-View Policy Learning for Street Navigation“) on the preprint server Arxiv.org. In it, they describe transferring an AI policy trained with a ground-view corpus to target parts of a city using top-down visual information, an approach they say results in better generalization…

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  • NYC’s Essex Crossing – The Value Driven Mega Project

    PLACER AI

    Essex Crossing was among the most exciting and hotly analyzed real estate projects in the US when it launched in 2018. Not just as a new Manhattan showpiece to attract attention, but also as a progressive attempt to infuse values into mega project development. From commitments to affordable housing to retailers that fit the local landscape, Essex Crossing was promising something more. We leveraged location analytics to analyze the property’s performance and how it fits within a competitive NY…

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  • NAR’s venture capital arm is now a blockchain investor

    THE REAL DEAL

    The National Association of Realtors is betting on the blockchain. NAR’s venture capital arm Second Century Ventures said it was investing in Propy, a San Francisco-based real estate transaction platform startup, according to Inman. The announcement is a substantial, considering NAR is the nation’s most powerful real estate trade organization, with 1.3 million members….

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  • Tech-driven insurer Lemonade set to expand into Europe

    THE REAL DEAL

    A company that started selling renters’ insurance in New York, then expanded nationwide, is set to start operating outside the U.S. for the first time in Germany. Lemonade will sell contents and liability coverage in Germany that is comparable to renters’ insurance in the United States, according to the Financial Times. Axa will provide reinsurance for the Lemonade launch in Germany.

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  • Uber planning ‘skyports’ for flying taxi service in LA

    CURBED LA

    Fresh off its initial public offering, ride-hailing company Uber is continuing efforts to bring its taxi-like service skyward and this week revealed new details about a helicopter-like serviceit plans to roll out in Los Angeles and Dallas. The company already flies well-heeled travelers from Los Angeles to Indio every year for Coachella, but Uber has much bigger ambitions for the service it’s tentatively calling Uber Air….

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  • WeWork to Weigh $1.9 Billion Deal for Control of India Unit

    BLOOMBERG

    WeWork Cos. is considering a deal to take majority control of its India affiliate, according to people familiar with the matter, a deal that would allow the shared-office startup to consolidate financial results from the fast-growing unit as it prepares for an initial public offering this year.

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  • WeWork Signs Full-Building Lease in Boston’s Downtown Crossing

    CONNECT BOSTON

    WeWork has signed a full-building lease at New York developer Midwood Investment’s One Milk Street property in Boston’s Downtown Crossing neighborhood. The coworking company currently has offices in Boston at 33 Arch St., One Beacon Street and 745 Atlantic Ave. The 36,500-square-foot building was acquired by Midwood in 2015 for $18.2 million. The developer spent most of 2017 and 2018 implementing a full gut renovation at the six-story property. The work included a restoration of the interior …

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  • How AI And Robots Can Help The Logistics Boom Continue

    BISNOW

    The increasing use of artificial intelligence and robotics in industrial facilities can help the incredible growth of the logistics sector to continue, according to a new report from Avison Young. The report, The Rising Warehouse: Man And Machine, outlines how the advance in technology can help the sector overcome one of its key challenges: the availability of labour.

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