A new giant is emerging amongst the shopping center REITs. Regency Center Corp. and Equity One, Inc announced their pending merger following unanimous board approval. The new REIT would have a combined market capitalization above $15.6 billion with $500 million in new projects and redevelopments underway. Company shareholders now must approve the merger.
Now your cable package includes co-working space--if you’re with Verizon. The telecommunications giant is jumping on the co-working craze with the opening of its first space at 140 West Street in Manhattan. Plans for more shared office spaces are in place for Boston, Washington D.C., and London.
Commercial real estate tech leaders VTS and Hightower announced a merger Tuesday that serves a collective customer base of 5 billion square feet. Together, the new company will combine the strongest leasing and asset management features into one platform to better serve their customer base.
Blockchain technology is poised to transform the real estate industry. Other nations have invested in the secure potential. Now the Cook County, Illinois Recorder of Deeds Office is pioneering its use in the United States through a partnership with startup Velox. The Office becomes the first government agency to experiment with blockchain’s potential for secure record keeping.
In a historic victory, America elected its first real estate developer the next President of the United States. The anticipation is rising to see what measures Donald Trump will be able to enact regarding real estate with a Republican-led congress. No one knows for certain how the election results will play out, but based on Trump’s campaign, this is what could be in store for the real estate industry over the next four years.
The International Blockchain Real Estate Association (IBREA) announced today that Noga Golan, who has held the role of San Francisco Chair since August, will immediately assume the position of President. With the launching of the Cook County blockchain real estate pilot program, IBREA's founder and President, Ragnar Lifthrasir, will transfer his efforts towards building Velox.
The MIPIM PropTech Summit capped the largest and most well attended NYC Real Estate tech week to date. The popular flagship event, the MIPIM Startup Competition, crowned three North American winners that now will attend the four-day global exhibition in Cannes, France. Over 21,000 international attendees are expected to attend the international real estate summit.
Need content marketing help? Enter The Real Estate Content Marketing Guidebook, the latest tool that maps how to create a successful strategy to build brands and generate new leads. The process covered in the book will help organically position tech startups and other real estate professionals as thought leaders in their fields. Gain insights from industry leaders and real world examples of content marketing.
Following a successful $5.5 million Series A funding campaign spearheaded by Canaan Partners, Mynd has opened its service to property investors in the San Francisco Bay Area. Mynd’s mobile-focused property management platform provides complete service for residential buildings 50 units and smaller.
Drone technology is taking off in the real estate industry. Residential agents use drones for dramatic shots of listings in their marketing campaigns. While this use is a boost to property videos, drone technology isn’t limited to high-flying property marketing. Drones have applications for the commercial real estate industry that are just starting to be explored.
Prepare for a bigger disruption in the Lone Star state with the return of DisruptCRE. The national technology and commercial real estate conference returns for the 2nd annual event, this year hosted Thursday, Nov. 10 at the towering Bank of America Plaza in the heart of Dallas’ Central Business District.
For quite a while now, entrepreneurs in all industries have been making use of technology in the hopes of making processes more efficient. However, when it comes to the real estate industry, innovation has been known to trudge along. The process of buying property has been largely static, but there are those looking to grab their own chunk of the gargantuan market.
Over 400 attendees and 40 technology firms attended the exclusive sold out commercial real estate industry event highlighting how technology is transforming how CRE professionals conduct business. Thought leaders and tech entrepreneurs shared featured case studies, met with emerging startups, and hosted panel discussions on the state of the industry and upcoming trends.
Walmart is in a head-to-head battle with shopping and shipping giant Amazon to be America’s top goods retailer. In a race to increase its online market share, the retail giant is building new mega-warehouses and improving its shipping logistics.
Fortune Magazine ranked CoStar Group in its 2016 list of the 100 Fastest Growing Companies. CoStar Group was the only commercial real estate technology firm to earn the prestigious acknowledgement and appeared as the 81st company.
Experience over 250,000 real world spaces from anywhere at anytime thanks to CoreVR, a virtual reality (VR) upgrade hosted by Matterport. The new feature will be available free of charge for any new Matterport 3D space created through the end of 2016.
Dealpath announced its release of a new collaboration software platform designed for investment and development teams tracks deals from acquisition to development and financing. The new development for commercial real estate (CRE) professionals helps centralize communications and reporting, increasing efficiency and saving users money.
Media innovator Matterport is leading the way in creating and distributing 3D and virtual reality content across the real estate industry. Their latest figures showcase the tremendous potential of immersive technology across various market segments with the number of new Matterport Spaces tripling over the last year.
Sharestates surpassed the $1 billion mark in loan funding capacity thanks to its latest round of capital infusion. The nation’s top online real estate crowdfunding platform will use the new funds to increase their funding capabilities, add new loans programs, offer competitive lending rates, and improve the closing process. The enhanced income stream will drive technological advancements in the user experience.
A vetted audience of leading innovators in real estate technology will engage in panels, roundtables, and educational sessions during New York City Real Estate Tech Week, the largest gathering of the real estate tech industry in the world. Innovators and disruptors will participate in over 20 events spread across various NYC venues from September 26 through October 7.
The latest CRE Tech event brings hundreds of commercial real estate industry leaders together at the Intersect, a community-driven symposium to promote emerging trends in technology. Early tickets for the New York City event have sold out.
What might you do with the money saved from significantly reduced rent and commuting costs? Could you live with only a bed, a closet, and TV? New Yorkers have their micro apartments, and soon Mumbai may be fashioning the micro-hotel, thanks to the vision of a 24-year-old real estate adventurist.
The nexus between real estate and technology is clearly evidenced by events such as New York Real Estate Tech Week (NYRTEW), which started in 2015. Investors, tech entrepreneurs and real estate market leaders now have an event that they can truly call their own, and organizers are hoping to expand this event to other major housing markets in the United States.
When Chicago’s Zeller Realty Group recently signed onto Honest Buildings, the project management and procurement software reached a new milestone. Since its inception, Honest Buildings has helped commercial real estate owners manage over $1 billion in capital and tenant improvement projects since the company expanded its platform across the industry last year.
The largest private real estate development in United States history currently has 10 million square feet under construction and 5 million square feet of new office space signed and leased according to Related CEO Jeff Blau. The Hudson Yards development is a 28-acre project with plans for 17 million square feet of commercial and residential real estate space once complete in 2025.
Having a total understanding of your asset management portfolio is essential for retaining high-quality tenants. Until now, there hasn’t been a tool that efficiently understood connections and provided insights across an organization. VTS created its new Tenant Relationship Management (TRM) to revolutionize the way asset managers access tenant information and leverage data for better relationships.