Here are my favorite Real Estate Tech reads from this past week. Happy reading!
4 Technologies Impacting Each CRE Sector
Blog - REThink CRE
To say that technology is ubiquitous is likely an understatement. It impacts everything from our communications to our homes, work and friendships. Of course, commercial real estate is no stranger to the impacts of technology — with each of the big four sectors (office, retail, multifamily and industrial) seeing the changes in their own unique ways. The one thing that they all have in common is that an impact and change stemming from technology is inevitable.
Drones fly into focus for commercial real estate
Blog - JLL Real Views
Whether they’re hovering round difficult to reach parts of a building to inspect storm damage or taking photos for use in glossy brochures, drones are slowly but steadily gaining in prominence within real estate. In fact, the Federal Aviation Authority (FAA) has predicted that there will be over 7 million drones in the air by 2020, with 19 percent of those being used for real estate and aerial photography purposes.
Four Startups Enter Our CRE Shark Tank, But One Emerges Victorious
Four contending tech startups vying to be the next disruption in the commercial real estate industry squared off this week to impress some of the most tech-savvy professionals in Chicago CRE.
NAR’s real estate tech accelerator announces this year’s intake
News - Realty Biz News
The National Association of Realtors has announced its chosen seven new technology startups for its 2017 REach tech accelerator program. The aim of the program is to provide promising real estate tech startups with guidance, mentorship and funding to help them become essential industry tools.
Oakland Gets Another Tech Tenant
News - Bisnow
Oracle is headed to Oakland. The tech giant just signed a 16K SF lease at TMG Partners’ 1330 Broadway building. Oracle will be on the 17th floor of the 18-story 313K SF building in Downtown Oakland. The Oakland office is part of Oracle’s plan to expand into the East Bay. TMG’s building is close to the 12th Street BART station and bus lines.
Online grocery platform Farmdrop raises £7M Series A led by Atomico
News - TechCrunch
Farmdrop, a farmer-friendly online grocery platform based in the U.K., has raised £7 million in Series A funding. Leading the round is Atomico, the London VC fund founded by Skype co-founder Niklas Zennström.
#CREtech Exhibitors: CommissionTrac
Blog - Real Estate Tech News
CommissionTrac is the first cloud based application of record for all things commissions and accounting for commercial real estate. Capture deal data and key transaction details, automate accounting functions and keep a pulse on everything with agent and management dashboards and reports. CommissionTrac is making their debut appearance as an exhibitor at CRE // Tech San Francisco.
Blog - Duke Long
Ok, I have to start off with a disclaimer. The disclaimer is that Michael and I have NO FILTER. Well, maybe some filter but, not in anyway a filter. Confused? The Podcast won’t help bring you any clarity.
Real estate tech startup Gridics closes $1.1M seed round
News - The Real Deal
Miami-based real estate tech startup Gridics just raised a $1.1 million round of seed funding, including from developer Avra Jain. Dune Road Capital led the round, which also included John Dyett, managing director of Salem Partners, and Robert Kall, CEO and co-founder of Cien.ai, the company announced on Thursday. Jain is active in the city of Miami, where she owns the Vagabond and the historic Miami River Inn and plans to develop the Bayside Motor Inn.
Snap, Crackle, Pop: Tech Companies Gobble Up San Francisco Office Space
San Francisco has continued to draw the nation’s technology startups with its office space, even as older, established companies leave the city. In March, health insurance company Blue Shield signed a 200K SF lease to occupy a tower in downtown Oakland, relocating 1,200 employees from its San Francisco headquarters, according to the San Francisco Business Times.
Tech Is Disrupting Bank Branch Real Estate
News - Bisnow
While overall branch numbers have been declining, the approximately 90,000 bank branches in the U.S. represent a robust, mature and evolving industry. New research from JLL shines a light on the disruption making its way through the traditional industry.
#CREtech Exhibitors: Apto
Blog - Real Estate Tech News
We are thrilled that Apto will be returning as an exhibitor to CRE // Tech. Created by and for commercial real estate brokers, Apto is the leading web-based software platform for managing customer relationships, properties, listings, deals and back-office. Apto serves thousands of commercial brokers and is the CRM of choice for 6 of the top 8 CRE brands. Apto's world-class CRM platform is optimized to meet the needs of CRE brokers, and can be further customized to brokerage workflows and business requirements.
The Latest Property Perk Every Renter Looks For
Blog - Appfolio
Have you ever been in a grocery store or at a sporting event and there was zero cell service? That feeling you get when you are separated from your friends and family and can’t send them a text, or check on a major developing news story—it’s frustrating and sometimes scary, right? Now imagine you are a renter and this was your experience every day from within your own home.
Top Tech Tips from CCIM Pros
Blog - CCIM
Integrating technology into the day-to-day business of commercial real estate can be difficult, given the steep learning curve of some programs and the sweet familiarity of tried-and-true methods. But technology disruption is remaking the industry at both ends of the spectrum
Why is TheAnalyst PRO the most practical application for CRE professionals? Because it was created by someone who knows CRE.
Blog - theBrokerList
CRE Tech® Founder & CEO, Todd Kuhlmann, the visionary behind TheAnalyst® PRO application, has worked in the CRE industry for over 26 years. Kuhlmann has served as the head of a commercial real estate lending firm, as an investor himself, as a 18-year CCIM member, as a global instructor for the CCIM Institute, and most recently, as a creator of technology that assists CRE agents in today’s mobile world.
Have I missed anything? Feel free to reach out to me at email@example.com with your favorite RE Tech articles for this week. I am always looking for new content to read!
Don't forget to come meet me in San Francisco on June 8th at CRE // Tech! Tickets are on sale now!