Latest Trends and Insights in Real Estate Technology

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  • Truss opening up online commercial leasing platform to other brokers nationwide

    THE REAL DEAL

    Truss is letting competing brokerages use its online platform for small-office leasing. The Chicago-based company is launching Truss CRE, which lets commercial tenants search a database of available properties and execute leases online. The service for now is only available to brokers in the Boston area, but the company plans to expand it nationwide. Truss lets commercial landlords and co-working firms list available spaces on its platform, where tenants can compare rents and take virtual …

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  • Uber Copter to Offer Flights From Lower Manhattan to J.F.K.

    NEW YORK TIMES

    When Uber announced an aerial ride-hailing division, Uber Elevate, three years ago, the internet and news media buzzed with chatter of flying cars becoming a reality in the not-so-distant future. While these aerial vehicles have yet to debut, the ride-hailing service is expanding into helicopter service, called Uber Copter, starting July 9 in New York City….

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  • Amazon says it has deployed more than 200,000 robotic drives globally

    TECHCRUNCH

    Amazon is serious about robotics. For most other companies, the technology may still feel like some distant novelty, but the e-commerce giant has already begun to deploy robotics systems en masse. Robotics VP Brad Porter noted onstage today at the re:MARS conference in Las Vegas that the company has deployed 200,000 robotics drives globally….

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  • A first look at Amazon’s new delivery drone

    TECHCRUNCH

    For the first time, Amazon today showed off its newest fully electric delivery drone at its first re:Mars conference in Las Vegas. Chances are, it neither looks nor flies like what you’d expect from a drone. It’s an ingenious hexagonal hybrid design, though, that has very few moving parts and uses the shroud that protects its blades as its wings when it transitions from vertical, helicopter-like flight at takeoff to its airplane-like mode….

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  • Sources: Bird is in talks to acquire scooter startup Scoot

    TECHCRUNCH

    If you are among those who thought that the scooter market sounded a little overhyped and overcrowded, we’ve gotten wind of a deal that could point to some impending consolidation. The on-demand scooter business Bird has agreed to acquire Scoot, a smaller two-wheeled mobility startup, sources tell TechCrunch.

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  • Is Purplebricks on the verge of being taken over?

    INMAN

    German media company Axel Springer is purchasing tens of millions of shares of Purplebricks, more than doubling its stake in the beleaguered flat-fee brokerage from 12.4 percent to 26.6 percent. Axel Springer announced the acquisition of 43.7 million Purplebricks shares Monday, saying it was making the investment because “the hybrid real estate agent model offers great potential.” The shares will be purchased from various Purplebricks’ founders for 1 pound each….

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  • Pop-up hotel’s first Houston location to be in new downtown apartment tower

    HOUSTON BUSINESS JOURNAL

    Washington, D.C.-based WhyHotel will open its first Houston location in late 2019, according to a June 3 press release. It will be the first location outside of the East Coast for the company, which operates pop-up hotels in new luxury apartment buildings. The Houston pop-up will be within Camden Property Trust’s (NYSE: CPT) newest local project, Camden Downtown Houston, which broke ground in late 2017. Harvey Builders is the general contractor, and Ziegler Cooper Architects designed the proje…

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  • EQ Office’s Lisa Picard Makes the Future of Office Her Purpose | Catalyst 2019 Keynote

    HONEST BUILDINGS

    Lisa Picard, President and CEO of EQ Office (manager of Blackstone’s US office real estate portfolio) makes a point of declaring herself an “Accidental CEO.” Her candor, sharp wit, and vision for the future of office owners suggest the opposite. At Catalyst 2019, Picard spoke candidly about what often goes unspoken within commercial real estate office market. Her presentation entitled “Making Work Better Than Home” embraces multiple observations. …

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  • CREtech Announces Flagship NYC Conference

    CREtech

    The Most Influential Commercial Real Estate Tech Conference Is Coming To Brooklyn New York, NY (June 6, 2019) — CREtech (cretech.com), the leading event, content and connectivity platform for the commercial real estate technology industry has announced the dates and location of their flagship conference. The 2019 CREtech NYC Conference will be held on October 16th and 17th at Dock72 in Brooklyn. The two-day conference will feature presentations, panel discussions, and demos from leaders in …

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  • VC Firm With Roots In Poker Makes $115M Investment In Real Estate Data Firm

    BISNOW

    Investment firm Susquehanna Growth Equity has ploughed $115M into real estate data and technology firm Real Capital Analytics, in what RCA said is the largest-ever “growth financing” for a real estate data firm. Susquehanna has bought a 40% stake in RCA from Daily Mail and General Trust, the UK-listed firm that was previously owner of fellow real estate data business Xceligent.

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