Latest Trends and Insights in Real Estate Technology

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  • PropTech’s New Frontier: Why Commercial Real Estate Companies Are Partnering to Increase Industry-Wide Data Access, Standardization

    Bhaskar Maddala

    Guest post by Bhaskar Maddala, Vice President of Engineering, Reonomy The digital revolution has disrupted a myriad of industries, and commercial real estate (CRE) is certainly no exception. In the last few years, property technology, or PropTech, has transformed the market considerably, reimagining the way companies and consumers conduct business. Data standardization, however, remains static. Though the industry is allegedly keen on data and analytics, CRE has yet to adopt a single, unif…

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  • How Waze is using data pacts, beacons, and carpools to win over cities

    VENTUREBEAT

    As cities look for new ways to combat congestion and toxic fumes, technology is playing an increasingly big part in the problem-solving, be it through using ride-share data to spot traffic patterns or tapping Google Street View cars to map air pollution in neighborhoods. Waze, the crowdsourced navigation app that Google procured for more than $1 billion back in 2013, has been ramping up its public partnerships over the past five years through its Connected Citizens Program (CCP). From Waze’s …

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  • Katharine Lau of Industrious on Chasing the Coworking Trend

    COMMERCIAL OBSERVER

    Katharine Lau, the senior director of real estate for Industrious, has watched the coworking market evolve and move toward a more hospitality-related model. It’s one she knows well, as a graduate of New York University with a degree in hotel and tourism management. Lau pivoted away from her original goal in college of traveling the world and opening “really beautiful sexy hotels” when she realized she wanted to broaden her horizons by not merely focusing on one type of real estate asset. Before …

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  • Venture capitalists are still throwing hundreds of millions at blockchains

    MIT TECHNOLOGY REVIEW

    Was cryptocurrency a flash in the pan? Less than two years ago, Bitcoin’s skyrocketing price was making people crypto-millionaires overnight. Then coin prices crashed and never recovered. Projects have shuttered, jobs have been lost, and most of 2017’s feverish enthusiasm has worn off. Perhaps the technology isn’t all it was cracked up to be? …

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  • Bond Collective eyes Chicago and beyond for its co-working expansion

    THE REAL DEAL

    Bond Collective is the latest co-working firm expanding to Chicago, with plans to add 100,000 square feet of luxury shared offices in the city this year. The New York-based firm plans to open a 68,000-square-foot location in the Civic Opera Building, 20 North Wacker Drive and a 31,000-square-foot space at 1101 West Lake Street in Fulton Market, CEO Shlomo Silber told the Chicago Tribune.

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  • Colliers International Raises Its Game In Occupancy Analytics

    BISNOW

    Colliers International is partnering with Basking Automation, an occupancy analytics platform startup whose tech is designed to help office space occupants use their space more efficiently. According to the partners, the platform will help plan staff allocation, lease handling and portfolio strategies, using real-time occupancy analytics, artificial intelligence and Internet of Things technologies.

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  • Truss Heads to New York City To Ring the Nasdaq Bell

    TRUSS

    We’re excited to share that two of our co-founders are in New York City today to ring the Closing Bell of the Nasdaq Stock Market with fellow winners of the Chicago Innovation Awards. The awards are the Chicago region’s foremost annual celebration of innovation. Ringing the bell  emphasizes the surge of innovation that is occurring in the Chicago region, and shine a spotlight on the organizations that make up its vibrant economy….

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  • Avail Raises Additional $2.5M to Help Do-It-Yourself Landlords and Tenants Simplify the Rental Process

    AVAIL

    The funds will help accelerate the continued growth of its online platform CHICAGO, IL, April 9, 2019 – Avail, the only end-to-end online platform that streamlines the rental process for do-it-yourself (DIY) landlords and their tenants, today announced a $2.5 million funding round led by Cultivation Capital, a St. Louis-based venture capital firm. Avail has raised $5.4 million in funding to date. The funding comes on the heels of a period of significant growth for Avail. Over the past 18 month…

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  • Robot by Wall A Future Partnership: Property Managers and Robots

    CONNECT MEDIA

    Laptops, tablets, smartphones, the internet. These tools have been important in helping real estate property managers do their jobs more efficiently. Innovations range from apps that provide entry access to a property, while biometric security can protect that property from bad people. And, according to Cushman & Wakefield’s Revathi Greenwood, robots, or rather, robotic technology, can be added to the efficient property mix. In her article, “They Come in Peace: How Technology is Changing …

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  • Commercial Real Estate IBuyers – Will we See Them?

    ALLEN BUCHANAN

    I read with great interest Jeff Collin’s column entitled – Will Online IBuyers Upend Home Sales? If you missed the column – shame on you! But, allow me to provide you the abridged version. Currently, there is a trend in residential sales wherein on-line buyers purchase your house quickly and you avoid the hassle of the marketing steps – choosing an agent, pre-sale prep, repairs, staging, showing, negotiating and closing.  

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