CRE Technology firms continue to go from strength to strength, and the last few weeks are a terrific illustration of that momentum. This month's edition of #CRE Dispatches looks at the recent research, initiatives and funding rounds that are propelling CREtech growth.
A new study by GlobeSt.com confirms that investment in new technologies is creating a paradigm shift in real estate.
Rob Barber, CEO of RealtyTrac sums it up: "Online marketplace platforms, ‘crowd-investing,’ and workflow tools are removing friction, broadening access, and creating efficiencies around real estate transactions and ownership. No wonder so many venture capitalists and private equity firms are injecting capital into such RE tech.”
CRE Tech accelerator MetaPropNYC has organized NYC's first Real Estate Tech week to take place from October 19 through October 22. NYCEDC, ULI, REBNY, NAOIP and even some organizations that don't have acronyms will co-host a variety of events around the city.
The week's programming culminates at CRE // Tech Intersect, a terrific event that Honest Buildings is excited to partipate in again.
Have 6 spare minutes? Deloitte partner and U.S. Real Estate Services Leader, Bob O'Brien discusses the impact of technology on the industry in the latest NAREIT podcast.
CREtech Funding & Growth
RealtyMogul announces $150 million in real estate transactions. More >>
RunTitle Inc. closes $7M Series A financing round to grow their land title database platform. More >>
Floored launches Protofit, a tool that lets you design and test office layouts in your browser. More >>
Compass raises $50M at an $800M valuation with plans to expand across the country. More >>
Hightower has been selected as a preferred technology provider by CBRE. More >>
VTS soon to open its first office in Europe. More >>
Breather, which rents office and meeting space by the hour, raises $20M in Series B round. More >>