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PropTech Update - 3.28.23

REITs are increasingly reliant on technologies across the spectrum of information technology and operating technology that range from cloud-based systems and the Internet of Things (IoT) to automated building management...more

PropTech Update 2.22.23

Despite the current macroeconomic instability caused by high inflation and interest rates combined with a confusing employment market, PropTech-focused venture capitalists are not shying away from placing their bets on seed...more

PropTech Update -December 2022

Investment in low-carbon construction technology surpassed $2 billion this year as the building industry seeks ways to lower its emissions imprint in a way that could include one day storing a significant amount of the...more

PropTech Update - October 2022

Builders face security, privacy risks as BIM takes off - Construction Dive – September 29 - The construction industry is increasingly embracing collaborative digital tools like BIM. While leveraging BIM brings many benefits,...more

PropTech Update - June 2022

Los Angeles pilots digital twin project to aid building decarbonization - Smart Cities Dive – June 3 - Cityzenith is partnering with the Los Angeles branch of the U.S. Department of Energy’s Better Buildings Challenge...more

PropTech Update - January 2022

PropTech shatters investment record with $32B VC haul in 2021 - Bisnow – December 21 - PropTech’s rapid growth attracted a record-breaking amount of venture capital in 2021. Private investment into the sector hit $32...more

PropTech Update - November 2021

Broker 2.0: $1.5B investment into PropTech by big firms is changing how they operate - Bisnow – October 27 - Global venture capital investment in PropTech exceeded $61.1 billion since 2010, according to investment...more

PropTech Update - August 2021

PropTech funding is surging, with construction and property management leading the pack - Crunchbase – July 22 - Funding to venture-backed PropTech companies has surpassed pre-pandemic levels, according to Crunchbase data,...more

PropTech Update - July 2021

Real estate tech is bouncing back from its pandemic slump - PitchBook – June 28 - Over 2020, global VC deal flow into commercial real estate technologies fell nearly 80% compared with 2019. Meanwhile, venture...more

PropTech Update - June 2021

DTLA building uses germ-killing robots, enhanced air-purification system to lure tenants and employees back to office - Spectrum News – May 27 - From the moment an employee comes back to work at the old "L.A. Law"...more

PropTech Update - May 2021

Why software is eating the home - The Real Deal – April 19 - Less than a decade ago, startups valued at $1 billion or more were so rare that the tech world took to calling them unicorns. In 2013, there were just 39...more

PropTech Update - January 2021

Fifth Wall to launch PropTech SPAC - The Real Deal – January 6 - Fifth Wall, a prolific PropTech investor that has backed VTS, States Title and Industrious, is joining the SPAC craze. The Los Angeles-based firm is...more

PropTech Update - December 2020

Rent tech space bounces back in Q3 - Bullet GlobeSt.com – December 7 - After experiencing its worst quarter since 2018 at the start of the pandemic, the rent tech space showed signs of recovery in the third quarter....more

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