Real Estate Tech News



Singapore Overtakes China as Largest Asian Investor in U.S. Property

Singapore Overtakes China as Largest Asian Investor in U.S. Property

Singapore ousted China to become the biggest Asian investor in U.S. commercial property last year. It was the first time since 2012 that the city outspent China, according to data from Real Capital Analytics and Cushman & Wakefield Inc. Deals by Chinese investors plunged 66 percent to $5.9 billion as regulators cracked down on capital outflows.
Airbnb is making rents in New York City spike as owners yank units off the market, study says

Airbnb is making rents in New York City spike as owners yank units off the market, study says

Skyrocketing New York City rents can be blamed at least in part on the rise of the home-sharing service Airbnb, a new study has claimed. The report, released Tuesday, analyzed Airbnb activity between September 2014 and August of 2017 and was published by McGill University in Montreal. It was commissioned by the Hotel Trades Council, a union organization, and co-sponsored by local New York neighborhood groups.
Juniper Square raises $6M for its real estate investment platform

Juniper Square raises $6M for its real estate investment platform

The real estate industry was relatively slow to adopt technology, but it’s now quickly catching up. That means that virtually every part of the industry is seeing a lot of startup activity. Juniper Square, which today announced it has raised a $6 million Series A round led by Felicis Ventures, is tackling the real estate investment side by helping investment managers raise and manage outside capital for their projects.
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