Property technology

REMOTE GUARDING IS A BOON FOR CLOUDASTRUCTURE

Retrieved on: 
Thursday, September 28, 2023

MIAMI, Sept. 27, 2023 /PRNewswire/ -- Today, Cloudastructure released Q3 statistics for their award-winning integrated Remote Guarding software and global guard services and the results are impressive. With a full quarter of the fiscal calendar year to go, Cloudastructure's Remote Guarding services have grown by 68% from Q2 to Q3 2023.

Key Points: 
  • MIAMI, Sept. 27, 2023 /PRNewswire/ -- Today, Cloudastructure released Q3 statistics for their award-winning integrated Remote Guarding software and global guard services and the results are impressive.
  • With a full quarter of the fiscal calendar year to go, Cloudastructure's Remote Guarding services have grown by 68% from Q2 to Q3 2023.
  • With a full quarter to go, Cloudastructure's Remote Guarding services have grown by 68% from Q2 to Q3 2023.
  • Last year, Cloudastructure made the strategic decision to build the first integrated Remote Guarding software in the industry and succeeded in a record eleven months.

Allegion's New 2023 Multifamily Living Trends Report Unveils What Multifamily Renters Desire, Expect and Are Willing to Pay More For in Their Residences

Retrieved on: 
Tuesday, September 19, 2023

CARMEL, Ind., Sept. 19, 2023 /PRNewswire/ -- Today, Allegion U.S., a leading provider of security products and solutions, unveiled the results of a new multifamily living trends survey that provides insight into preferences and expectations of today's renters. The report, "2023 Multifamily Living Trends: A Study on What Multifamily Renters Desire, Expect and Will Pay More For in Their Residences," analyzes input from over 1,000 survey respondents who currently rent or own multifamily residences or plan to in the next two years.

Key Points: 
  • The report, " 2023 Multifamily Living Trends: A Study on What Multifamily Renters Desire, Expect and Will Pay More For in Their Residences ," analyzes input from over 1,000 survey respondents who currently rent or own multifamily residences or plan to in the next two years.
  • In 2019, Allegion conducted a similar study, providing a benchmark for living trends among millennial renters.
  • The key trends and challenges examined in the report are outlined below:
    Impact of Proptech on Multifamily Residences — In 2021, $ 24.3B were invested into Proptech companies globally, with a focus on the multifamily market.
  • Survey of 1,009 individuals ages 22-39 who currently rent or own multifamily residences or plan to in the next two years.

More Multifamily Firms Taking Steps to Combat Growing Stress Among Property Managers

Retrieved on: 
Thursday, September 14, 2023

RealSource PropertiesAccording to Crystal Dukes, RealSource's director of education, training, and DEI strategies, it's important to ask for feedback. The firm participates in and issues surveys that allow associates to respond anonymously, and then creates or revamps programs based on that feedback. Recent feedback prompted the firm to create a space within its intranet called Headspace, which provides a multitude of resources for associates. There, associates can join specific Employee Resource Groups, such as Our Voices for black associates and allies, and access free TED talks on mental health. RealSource also offers an Employee Assistance Program and a cash rewards program called Motivosity. The HR director oversees a Mental Health and Wellbeing Council and meets monthly with members. Another significant initiative that RealSource launched is an extra two weeks of sick time -- separate from vacation time -- and dedicated time off for volunteer activities. 

Key Points: 
  • The good news is that multifamily companies are increasingly taking steps to alleviate the stress.
  • As part of the preparations for this year's National Property Manager's Day, MRI interviewed executives from these companies to learn the secrets of their success with stress relief.
  • "They embody the spirit of National Property Manager's Day, which we created to encourage multifamily companies to support property managers and ease the daunting mental health challenges they face."
  • To him, National Property Manager's Day represents exactly what multifamily companies should do: "Take every opportunity to promote the property management industry and celebrate the people within it."

FoxyAI Unveils FoxyAI-GPT: A Generative AI Model Designed to Revolutionize Real Estate Research and Analysis

Retrieved on: 
Thursday, September 14, 2023

NEW YORK, Sept. 14, 2023 /PRNewswire/ -- FoxyAI, a PropTech leader in real estate visualization and property intelligence, proudly announces the launch of FoxyAI-GPT, a highly specialized generative AI model poised to redefine the real estate industry. With unrivaled expertise in artificial intelligence and real estate, FoxyAI continues its mission to deliver practical and effective solutions to real estate professionals.

Key Points: 
  • NEW YORK, Sept. 14, 2023 /PRNewswire/ -- FoxyAI , a PropTech leader in real estate visualization and property intelligence, proudly announces the launch of FoxyAI-GPT , a highly specialized generative AI model poised to redefine the real estate industry.
  • With unrivaled expertise in artificial intelligence and real estate, FoxyAI continues its mission to deliver practical and effective solutions to real estate professionals.
  • FoxyAI recognized this gap and developed FoxyAI-GPT to address the industry-specific challenges real estate professionals face.
  • "FoxyAI-GPT is the embodiment of that commitment, designed to make real estate research and analysis more accessible and insightful than ever before."

TRUEPARITY UNVEILS NEXT-GEN REAL ESTATE PLATFORM TO THE PUBLIC

Retrieved on: 
Wednesday, September 13, 2023

TrueParity spoke with frustrated home sellers, the top real estate agents in the business, and everyone else – from home stagers to escrow companies and more.

Key Points: 
  • TrueParity spoke with frustrated home sellers, the top real estate agents in the business, and everyone else – from home stagers to escrow companies and more.
  • As an online platform where top area agents compete for homeowners' listings, TrueParity immediately solves a long-standing industry problem: historically, homeowners only speak with one real estate agent before giving away their listing.
  • By introducing a platform that offers unparalleled flexibility, TrueParity remains dedicated to creating enormous value for homeowners, real estate agents, and the entire ecosystem.
  • As TrueParity continues to redefine real estate norms, it invites agents and homeowners alike to explore the future of property transactions.

Proptech Market to Reach $119879.99 Million, by 2032 at 16.5% CAGR: Allied Market Research

Retrieved on: 
Wednesday, September 6, 2023

PORTLAND, Ore., Sept. 6, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "ProptTech Market by Component (Solution and Service), Deployment Mode (On-premise and Cloud), Type (Residential and Commercial) and End User (Housing Associations, Property Managers, Property Investors and Others): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the proptech industry generated $26814.53 million in 2022, and is anticipated to generate $119879.99 million by 2032, witnessing a CAGR of 16.5% from 2023 to 2032.

Key Points: 
  • In addition, the growing online presence of people after the COVID-19-induced lockdowns and social distancing policies fueled the need for proptech solutions.
  • Based on end user, the housing associations segment held the highest market share in 2022, accounting for more than two-fifths of the proptech market revenue.
  • The increasing demand for effective property management solutions to expand business operations in the proptech market is further expected to propel global market growth.
  • Based on region, the North America segment held the highest market share in terms of revenue in 2022, accounting for nearly two-fifths of the proptech market revenue.

Proptech Market to Reach $119879.99 Million, by 2032 at 16.5% CAGR: Allied Market Research

Retrieved on: 
Wednesday, September 6, 2023

PORTLAND, Ore., Sept. 6, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "ProptTech Market by Component (Solution and Service), Deployment Mode (On-premise and Cloud), Type (Residential and Commercial) and End User (Housing Associations, Property Managers, Property Investors and Others): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the proptech industry generated $26814.53 million in 2022, and is anticipated to generate $119879.99 million by 2032, witnessing a CAGR of 16.5% from 2023 to 2032.

Key Points: 
  • In addition, the growing online presence of people after the COVID-19-induced lockdowns and social distancing policies fueled the need for proptech solutions.
  • Based on end user, the housing associations segment held the highest market share in 2022, accounting for more than two-fifths of the proptech market revenue.
  • The increasing demand for effective property management solutions to expand business operations in the proptech market is further expected to propel global market growth.
  • Based on region, the North America segment held the highest market share in terms of revenue in 2022, accounting for nearly two-fifths of the proptech market revenue.

NAR Names Productive.ai Winner of 2023 Pitch Battle Competition at iOi Summit

Retrieved on: 
Wednesday, August 30, 2023

Miami, Aug. 30, 2023 (GLOBE NEWSWIRE) -- The National Association of Realtors® announced Productive.ai as the winner of the fifth annual “Pitch Battle” competition at the 2023 Innovation, Opportunity & Investment (iOi) Summit .

Key Points: 
  • Miami, Aug. 30, 2023 (GLOBE NEWSWIRE) -- The National Association of Realtors® announced Productive.ai as the winner of the fifth annual “Pitch Battle” competition at the 2023 Innovation, Opportunity & Investment (iOi) Summit .
  • “In this year’s Pitch Battle, we once again saw the remarkable caliber of PropTech ideas shaping the future of real estate,” said NAR CEO and SCV President Bob Goldberg.
  • Imagine if it could enhance your voice.”
    Productive.ai will be awarded $15,000, a booth at NAR’s annual conference in November ( NAR NXT ) and will present the next Pitch Battle winner at the 2024 iOi Summit.
  • “We're building a connection – and that is a superpower.”
    To see the full list of 2023 Pitch Battle finalists, visit ioisummit.realtor/pitch-battle .

EasyKnock Wins the 2023 Overall PropTech Solution of the Year

Retrieved on: 
Wednesday, August 30, 2023

Today, EasyKnock , the first technology-enabled residential sale-leaseback platform, announced it has been selected as the winner of “Overall PropTech Solution of the Year'' in the annual PropTech Breakthrough Awards , conducted by the leading independent market intelligence organization that evaluates and recognizes standout real estate technologies around the globe.

Key Points: 
  • Today, EasyKnock , the first technology-enabled residential sale-leaseback platform, announced it has been selected as the winner of “Overall PropTech Solution of the Year'' in the annual PropTech Breakthrough Awards , conducted by the leading independent market intelligence organization that evaluates and recognizes standout real estate technologies around the globe.
  • “EasyKnock is honored to be named Overall PropTech Solution of the Year by the PropTech Breakthrough Awards,” said Jarred Kessler, CEO and founder of EasyKnock.
  • Most recently, EasyKnock announced its plans to launch BuyBoost, a new innovative program designed to help homeowners improve their financial wellbeing and facilitate mortgage preparedness.
  • We set out to recognize those leading the charge in this transformative new era," said Bryan Vaughn, Managing Director of PropTech Breakthrough Awards.

Fortress Technology Solutions, Inc. Paves the Way for Canadian Property Management Expansion

Retrieved on: 
Wednesday, August 30, 2023

The early decision to forgo an internal accounting solution was deliberate— FORTRESS empowers property management organizations to choose and combine the most suitable and locally preferred accounting software to manage their portfolios.

Key Points: 
  • The early decision to forgo an internal accounting solution was deliberate— FORTRESS empowers property management organizations to choose and combine the most suitable and locally preferred accounting software to manage their portfolios.
  • This strategic decision ensures property managers can adapt their financial processes to regional requirements, allowing frictionless expansion into international markets.
  • Today signals our continued commitment to enhancing the property management operations experience for everyone, everywhere," explains Kerri Davis, Founder and CEO of Fortress Technology Solutions Inc.
  • Fortress Technology Solutions is poised to redefine the future of property management on a global scale by adapting to the diverse needs of property managers and residents alike in different international regions.