Editor’s note: This story is part of a series examining how various industries in Greater Philadelphia are adopting artificial intelligence. Two years ago, Alterra Property Group moved its data from Excel to other Microsoft products that incorporate artificial intelligence and began creating a proprietary database on industrial outdoor storage properties. As the Philadelphia developer doubled…
An Austin-based proptech startup that aims to prevent fraud in real estate transactions raised $34 million in its Series B funding round. Sageview Capital, an investor based in Palo Alto, California, led the round for Closinglock, according to a release from the startup. Venture capital firms Headline and RWT Horizons also invested. Closinglock is “eliminating…
SPACs are taking real-estate tech companies public, and real-estate companies are raising SPACs. It’s partly timing: Proptech companies are maturing at the same time as the SPAC boom. VCs said proptech, which brings new business models to an ancient industry, is well suited to SPACs. Between 2020 and 2021, almost 500 special purpose acquisition companies…
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Once you have a clear idea of what you need, you can start researching the available proptech options that match your criteria. There are many proptech platforms and tools that cater to different aspects of the real estate industry, such as sales, leasing, management, development, investment, and valuation. You can use online sources, industry publications,…
$50 Billion Vision Aims to Democratize Access, Unlock High-Yield Opportunities, and Accelerate Continent-Wide Growth SINGAPORE, SG / ACCESS Newswire / January 30, 2025 / Estate Slice NFT, the leading platform in NFT-enabled real estate, has announced a transformative partnership with LMCSWAP, the flagship platform of pioneering fintech leader SIMTREX COMMERCIAL BROKER. The collaboration, backed by…
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SmartRent has named Michael Shane Paladin its new president and chief executive officer, the Scottsdale-based real estate tech firm announced Monday. Paladin will take the helm of SmartRent (NYSE:SMRT) on Feb. 24. He replaces Daryl Stemm, who has been SmartRent’s interim CEO since July 2024. Stemm will continue to serve as SmartRent’s chief financial officer,…
Court cases have a unique way of complicating things that should ideally be simple. Based on a historical commission lawsuit enacted in 2019, the real estate commission landscape is undergoing significant change, reshaping how agents engage with their clients. But first things first, if professionals haven’t adapted to the commission lawsuit, now might be a…