THIS IS WHERE THE REAL INNOVATION IS HAPPENING IN THE REAL ESTATE TECH SECTOR… – CRETECH

We asked some of the top commercial real estate thought leaders about which CRE tech and marketing trends they are most excited about for 2020: “While I’m not sure it will hit big in 2020, one trend that is definitely coming to commercial real estate is Augmented Reality. We are already starting to see this in proptech in the facilities.

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 · It’s no secret that many industries have experienced disruption from technological innovation, from Uber’s effects on the taxi industry to delivery services on the retail sector. Israeli startup Skyline A.I. utilizes commercial real estate data from 150 sources to detect and exploit market.

When complete, it will include between 300 and 500 mixed-income apartments, retail and office space, a restaurant, a grocery store, and a 50,000-square-foot hub for tech companies and local entrepreneurs. The developer, P. David Bramble of MCB Real Estate, has floated the idea of opening a community health center on the next site over.

As part of his 2017 State of the City address, Mayor de Blasio is committing to spurring the creation of 100,000 good-paying jobs, including these innovation jobs, within the next decade – and including adding 40,000 jobs in the next four years. “This new hub will be the front-door for tech in New York City.

Venture Funding in Real Estate tech: graph comparing total venture funding in Real Estate Tech to the number of companies in each category. Global Breakdown of Real Estate Tech: Heat map indicating where Real Estate Tech companies exist. Median Age of Real Estate Tech Categories: Bar graph of each Real Estate Tech category by median age.

Insurance seems to be where much of the innovation is taking place, especially in health insurance. It is a sector Leapfrog is focusing on. to make sure people feel like they are talking to a real.

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With mounting real estate costs, retail chains had to. versus promoting innovation. Some light regulation is necessary, but over-regulating a nascent sector can kill innovation. We hope that the.

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With few outside forces mandating a tech revolution, the sector historically eschewed the changes it would take for tech to dramatically alter CRE. That is no longer the case. The true tech revolution in commercial real estate is here. It’s being built from the ground up. And it’s being built by the sheer will and force of rising.