Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
ANTONY SLUMBERS
2019 has kicked off with something of a feeding frenzy in the world of PropTech. There is much talk of this company investing, that startup raising, and the thousands of new entrants from all around the world looking to ‘disrupt the biggest asset class in the world’. Well, here is a tip: most startups will fail and most investments in using startup technology will fail as well.
TECHCRUNCH
Cookie-cutter corporate housing turns people into worker drones. When an employee needs to move to a new city for a few months, they’re either stuck in bland, giant apartment complexes or Airbnbs meant for shorter stays. But Zeus lets any homeowner get paid to host white-collar transient labor. Through its managed ownership model, Zeus takes on all the furnishing, upkeep, and risk of filling the home while its landlords sit back earning cash….
GLOBEST
Machine learning and AI technology are becoming essential tools for brokers to both market and sell a property. Considering the data-centric nature of real estate, it is surprising that the industry hasn’t more rapidly adapted to new technology, but companies like SetSchedule are bringing the real estate industry into the fold with smart tools that make data more accessible and accurate.
COMMERCIAL OBSERVER
“The landlord really has to provide more than they did in the past,” Charlie Kuntz, the innovation officer at Hines, said Thursday on a MIPIM panel, “Workplace Tech: Improve the Experience,” in Cannes, France. To appeal to the connected generation that comprises an increasing part of the workforce, landlords have had to add technology, in its amenity enhancement and wellness form….
Josh Panknin
Guest post by Josh Panknin, Director of Real Estate Technology Initiatives in the Engineering school, Columbia University Late on the night of August 6, 2012, engineers in the control room at the Jet Propulsion Laboratory (JPL) in Pasadena, CA anxiously awaited word from a rover named Curiosity. Curiosity was about to enter the seven-minute-long final phase of a frigid 350-million-mile, nine-month journey to Mars to begin its mission of finding out if life does, or ever did, exist on the red pl…
CREtech
Largest conference in commercial real estate tech attracts world-class speakers for its upcoming L.A. conference New York, NY (March 15, 2019) — CREtech (cretech.com), the largest event, data and content platform covering the commercial real estate tech industry, announces new panel session for its upcoming conference in Los Angeles on March 27-28. The session, “The Revolution Will Now Be Mobilized” will feature leading startups and thought-leaders discussing how the commercial real estate tech…
RUBENSTEIN
Agile Workspace Provider Adds New Locations at 575 and 580 Eighth Avenue New York, (March 13, 2019) — Knotel, New York City’s premier agile workspace provider, announced today that it has finalized two new leases totaling approximately 20,000 square feet on Eighth Avenue. In the larger transaction, Knotel has signed an 11,400 square-foot lease at East End Capital’s 580 Eighth Avenue. The new lease encompasses the entire 15th, 16thand 18th floors of the 21-story, 73,000 square-foot office bui…
STRATIS
STRATIS Sets the Standard for Security in Smart Apartment & Intelligent Building Platforms. Philadelphia, PA – March 13, 2019– STRATIS announced the successful completion of its SOC2 Audit at the MultiFamily Technology & Entrepreneurship Conference in San Francisco, following its strong results from its data security and confidentiality testing. STRATIS is the first and only MultiFamily IoT Platform to achieve this critical milestone. SOC2 certification represents the apex of holist…
INBUILDING TECH
International PropTech companies led the path with nearly 80%, or $618 million, in nine deals this month according to data released yesterday in a report by CREtech a PropTech, data and content platform which covers trends in the commercial real estate tech sector. While the month-over-month report, which provides a snapshot of investment trends, revealed a 73% decline to $775 million in February, the industry has seen a significant boost in investment from hefty global private equity investo…
BISNOW
A new survey from PropTech firm Equiem shows that people probably don’t like the office space they work in. The question is, what are real estate owners and advisors going to do about it? According to a survey of more than 1,100 workers across the UK and Ireland, 94% believe that the average office should place a greater emphasis on people’s enjoyment and comfort, and 91% believe the average office should place a greater emphasis on providing better on-site amenities and community events.
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