Latest Trends and Insights in Real Estate Technology

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  • Smart home camera maker Wyze Labs raises $20M after startup finds success with low-cost WyzeCam

    GEEKWIRE

    Wyze Labs, the Kirkland, Wash.-based makers of a low-cost, smart home security camera, has raised $20 million in new funding, according to a filing with the Securities and Exchange Commission on Friday. Wyze was founded by Amazon veterans Yun Zhang, Dave Crosby, Elana Fishman and Dongsheng Song in 2017. The startup launched its WyzeCam camera in October of that year, with 1080p HD video and 14 days of free cloud storage. At $19.99, the price severely undercut the group’s former employer, as A…

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  • How Trulia began paying down its technical debt

    TECHCRUNCH

    As every software company knows, over time as code ages and workarounds build on work-arounds, the code base becomes bloated. It becomes ever more difficult to get around the technical debt that you’ve built up over time. It’s really impossible to avoid this phenomenon, but at some point, companies realize that the debt is so great that it’s limiting their ability to build new functionality. That’s precisely what Trulia faced in 2017 when it began a process of paying down that debt and modernizi…

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  • Four Misconceptions About Co-Working Spaces

    FORBES

    Co-working spaces have quickly grown in demand and interest. According to a survey reported on by Bloomberg, large companies — not just small businesses — are creating demand for these flexible workspaces. Most major cities in the United States have co-working options. As a co-founder of an online marketplace that helps small- to medium-sized business owners find the right workspaces, we see firsthand the demand for co-working spaces and the many different options that are available….

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  • The Long View: How mortgage banks created the co-working lease

    THE REAL DEAL

    Andrew Ross Sorkin, author of the book “Too Big To Fail,” recently wrote an opinion piece in the New York Times arguing that WeWork might be just that: too big to fail. In September, the co-working giant became Manhattan’s biggest office tenant with 5.3 million square feet. The company now has such clout in the market, Sorkin argued, that landlords couldn’t afford to kick it out over unpaid rent in the event of a serious market downturn lest they want to be left with empty buildings. Instead, th…

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  • Appraisal startup Bowery Valuation raises $12M in Series A

    THE REAL DEAL

    Bowery Valuation, a tech-focused real estate appraisal firm, just raised $12 million in its latest Series A funding round. Builders VC led the round, alongside Navitas Capital, Camber Creek, Fika Ventures and Corigin Ventures, Bowery representatives told The Real Deal. The startup, one of MetaProp’s portfolio companies, bills itself as the world’s first tech-driven commercial real estate appraisal firm.

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  • Exclusive Interview with Co-Founder and Head of Product, Tegan Monique Gaan of Abstract Tokenization

    CREtech

    Abstract Tokenization is a financial technology company developing a comprehensive Tokenization as a Service (TaaS) primary issuance platform for commercial real estate sponsors & investors that operates with smart contracts & distributed ledger blockchain technology. Tokenization converts illiquid private securities into tradable security tokens, also referred to as digital securities, that provide investors access to an advantageous digital ownership structure with a number of benefits…

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  • Silicon Valley pledged to break up the boys’ club of investing in 2018. How did it do?

    RECODE

    One year ago this month, Shervin Pishevar, an early investor in Uber, was ousted from his venture capital firm, Sherpa Capital, over sexual harassment allegations. He appears to be quietly back as the CEO of a scooter startup called Bolt, records reveal. Dave McClure was forced out of his own startup accelerator, 500 Startups, in ignominy a few months before that. He apologized for being a “creep.” Now he’s writing a book about how to excel as a venture capitalist….

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  • Suning to Showcase Latest in AI-based Smart Retail and Smart Home Innovation at CES 2019

    PR NEWSWIRE

    LAS VEGAS, Jan. 4, 2019 /PRNewswire/ — Suning, the commercial giant ranked second in China’s top non-state-owned enterprises and owners of Suning.com, a Fortune Global 500 retail company, will showcase its leading omni-channel operations and innovations in the fields of Smart Retail and Smart Home at CES 2019 in Las Vegas next week.

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  • 2019 Commercial Real Estate Conferences

    CLIENT LOOK

    Plan ahead and mark your calendar for some of the best commercial real estate conferences in 2019. Stay on top on current trends, network with top professionals, and hear some of the best speakers in the industry at these conventions.

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  • Enertiv Wins 2 Leading Smart Building Awards

    PR NEWSWIRE

    NEW YORK, Jan. 3, 2019 /PRNewswire/ — Enertiv, the only comprehensive building operations platform in commercial real estate, has won two leading smart building awards to close out 2018. The awards recognized Enertiv’s innovative technology, vision and overall contribution to the PropTech community, further solidifying the company’s position as the category leader in building performance for owners and operators….

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