The MIT Center for Real Estate, one of the world's leading educational and research institutions and CREtech (cretech.com), the leading commercial real estate technology platform have announced a collaboration agreement whereby the two organizations will collaborate on work together on content for events in 2018. The MIT Center for Real Estate will additionally fold its Spring Real Disruption event into a new, expanded CREtech Boston event on April 19, 2018. The Center will continue to host it’s hugely successful World Real Estate Forum this coming May.
Earlier this year, Amazon called for various cities to offer proposals on its second corporate headquarters. The tech giant plans to invest $5 billion in a new facility, as well as generate 50,000 high-paying jobs in the span of 10 to 15 years after it becomes operational. Around 238 cities have submitted their proposals, including New York, Chicago, Los Angeles, and Miami, and smaller cities such as Pittsburgh, Cincinnati, Orlando, and Denver.
What do Moneyball, HubSpot, and real estate have in common? All three are involved with CRE leasing leader VTS’ new Accelerate 2017 tech conference. During the three-day gathering of top real estate executives, venture capitalists, and technology firms, speakers and attendees will cover how technology is changing the commercial real estate industry.
Global brands across industries have been trending toward collaboration since 2008 when corporate budgets slashed R&D. Now, it seems the CRE tech sector has caught the collaboration fever as well and for more reasons than one.
After a series of fatal accidents, the Department of Buildings (DOB) announced increased construction enforcement efforts in February 2016. In addition to adding new types of violations and raising fine amounts for hazardous infractions, the DOB added more inspectors to their ranks, all of which should point to an increase in violation issuance. It's been nearly a year since the launch of ramped up site safety initiatives - has the enforcement landscape changed since?
Matterport is partnering with Google to roll out a WebVR experience, released through Google Chrome, that will allow users to access virtual reality content through a browser.
This week’s announcement that The News Funnel has acquired CRE // Tech is yet another indication that the real estate tech sector is experiencing an era of rapid growth and consolidation. This is the third significant M&A transaction in recent times, coming on the heels of the mega VTS/Hightower merger and the acquisition of Floored by CBRE. Undoubtedly as the CRE tech sector undergoes continued growth and maturity, the deal flow will only accelerate in 2017.
Venture capitalists continue recognizing the capital potential in real estate tech startups as proven by the $1.7 billion in investments over the last year. These startups are revolutionizing how brokers, agents, lenders, and more field professionals manage their businesses.
The commercial real estate tech industry has launched incredible innovations that changed how CRE professionals conduct their everyday business. All year we’ve explored how technology is saving money, streamlining efficiency, and improving the client experience.
Workspace rental company Breather isn’t taking a break from expanding with the recent completion of a $40 million Series C funding round. Since starting in 2012, Breather has raised a total of $73 million in venture funding to provide stylish spaces in commercial buildings in major cities across the United States, Canada, and United Kingdom.
Gaining new client attention is tough in the saturated real estate market. The most successful agents constantly sharpen the tools they use to remain a top producer. For agents seeking to spice up their game, these seven strategies help real estate agents improve their marketing returns.
America’s bridges are falling down--and its roads are crumbling, water and sewer systems overdue for updates, amongst other infrastructure woes. President-elect Trump allocated a significant portion of campaign time on an ambitious plan to revitalize America’s infrastructure--emphasizing transportation over energy initiatives--to the tune of $1 trillion dollars. America’s economic outlook, including consumer confidence and increased spending in real estate, depends on the success of this proposed initiative.
Forget self-checkout--how about automated checkout with no lines, no fiddling with a scanner, and no hassle. Amazon announced it’s piloting a box store where shoppers walk in, grab what they want, and walk out. The first Amazon Go store, currently for Amazon employees, could flip the shopping industry on its head.
Under the sea is a great place to be unless you’re a office building. The commercial real estate loss potential from projected sea level rise in the coming decades is significant. Lloyd’s City Risk Index projected major cities billion-dollar economic impacts from sea level flooding, like Los Angeles with an estimated $13.3 GDP risk. Right now the CRE industry is preparing for the threat on a regional basis.
President-elect Donald Trump is making good on his campaign promise to keep jobs in America before he even takes office. The President-elect recently announced a deal with Carrier, a division of United Technologies, to keep approximately half of the jobs originally slated to move to Mexico here in the United States.
Can you describe your site? Buildout is marketing software for CRE brokerages. It produces and publishes marketing materials and streamlines the whole property listing process. Buildout automated the document creation process, so you can instantly create flyers, brochures and even proposals and OMs in your specific, custom branding.
No one wants to waste their time chasing prospects that simply don’t match their criteria. Enter CRERAYS. Tenants use the service to find commercial real estate properties that match their requirements. Real estate managers receive notifications when a potential lead is entered and see if their listings address the potential client’s needs.
They may not walk or talk, but every year buildings grow smarter! This year’s international 2017 Smart Building Conference focuses on how the Internet of Things (IoT) is transforming the smart building industry. Experts have labeled the IoT as one of the top commercial real estate trends to pay attention to in 2017.
Real estate success boils down to numbers: leads generated, contacts made and deals closed. Imagine knowing how to ensure an agent’s success by with hard data on what actionable steps close qualified leads. Digsy AI removes the guesswork from managing commercial real estate agents using the power of performance metrics and data science.
Hitting the public marketplace just six months ago, online marketplace Roofstock is raising the roof on the $2 trillion single-family rental home market segment. The Oakland-based startup successfully closed Series B funding with $20 million in raised capital. Lightspeed Venture Partners spearheaded the campaign.