Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
JLL REAL VIEWS
Banks have been scurrying to get with the digital age – creating apps that allow friends and family to send each other money in milliseconds and deposit checks remotely. Bank’s hiring practices have followed the same trajectory. Tech-related jobs now take up 43 percent of the industry, according to JLL’s report on Financial Services Operations Centers….
BISNOW
The next chapter in global last-mile delivery is making warehouses “smart,” but intelligence doesn’t come cheap. China is the largest e-commerce market in the world, and its online retailers are beginning to utilize smart technology to gain a competitive advantage.
TECHCRUNCH
Zillow, the publicly traded real estate portal and lead generation service, has acquired Mortgage Lenders of America. This is Zillow’s first move into originating mortgages. Until now, the company’s focus in this space was on providing home buyers with quotes from a variety of third-party lenders.
REUTERS
(Reuters) – The United States is being outspent by China in the race to build the next generation of wireless communication, known as 5G, and it risks losing out on the potential economic benefits, according to a report by consultants Deloitte published on Tuesday.
THE NEWS FUNNEL
Robots butlers, keyless entry and virtual reality-enhanced room bookings: Hotel guests are increasingly being greeted by these once futuristic tech features around the world. But hotels in Asia have been upping the ante, with a younger hospitality industry – and many guests in their 20s and 30s – quickly taking to new innovations.
CRETech
Ah, fall. Pumpkin spice, changing leaves, and conference season. That’s right: fall is a busy time of year for commercial real estate professionals to gather and exchange information. Don’t miss these exciting opportunities to expand your knowledge base, coming to a venue near you this 2018. CREtech Los Angeles October 18 Los Angeles, CA Los Angeles attendees have a real treat in store: an exclusive interview with Fifth Wall Venture’s leaders. The session will cover the fund’s formation,…
CRETech
That’s how long I think we have left in this current CREtech cycle. That’s not so say that CREtech as an ecosystem will be over. Not at all. I still think we are only in the 2nd or 3rd inning, at best, in terms of the evolution of the sector. But I think that this current phase, what I would call the “startup phase”, is in a much later stage. I initially joined the CREtech sector right around the beginning of this current cycle around 2012.. There were literally a handful of startups aroun…
WEWORK
Have you ever wondered why schoolchildren are allotted a particular chunk of each day to run and play outside? It turns out a trip across the monkey bars or a spirited game of four square can successfully boost kids’ concentration, creativity, and contentment. Is it possible to replicate this result in real life, when most of us spend our days sitting at desks or in conference rooms? That’s just one of the things that Lindsay Baker thinks about every day.
COMMERCIAL OBSERVER
Investment sales broker Adelaide Polsinelli, a senior managing director at Eastern Consolidated, has found a new home at six-year-old residential brokerage, Compass, Commercial Observer has learned. Polsinelli and Eastern’s Ronda Rogovin, both principals at Eastern and now Compass, are launching Compass’ investment sales division. As of yesterday, the team—which includes Eastern’s Mitchell Goldstick and Trystan Polsinelli, Polsinelli’s son—has started at Compass’ headquarters at 10 East 53rd …
TECHCRUNCH
Business travelers have become an increasingly important part of Airbnb’s business, according to a new blog post. The company says that Airbnb for Work, which launched in 2014, has seen bookings triple from 2015 to 2016, and triple again from 2016 to 2017. In fact, Airbnb says that almost 700,000 companies have signed up for and booked with Airbnb for Work….
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