PropTech Consulting

🚀 *The Future of Hudson Yards* 🏙️ Curious about how one of NYC’s most ambitious projects is evolving? Check out our latest blog on Hudson Yards New York's future developments and its impact on real estate, technology, and urban living. From cutting-edge innovation to sustainability, we explore what’s next for this iconic district.  👉 Read more: https://lnkd.in/eXM9NK_J #PropTech #HudsonYards #UrbanInnovation #RealEstate #Sustainability #FutureOfCities

🚀 Big news in PropTech! Virtual Staging AI, one of our consulting portfolio startups, has officially been acquired by Zillow! Learn how VSAI’s innovative solutions transformed the virtual staging market and led to this milestone. Read the full story: https://lnkd.in/eQuYFbhs #PropTech #AI #Zillow #VirtualStaging #StartupSuccess

New York City is more than just a metropolis—it’s a country within a city! 🌆 Startups should take notice of its unique opportunities for growth, access to diverse talent, and strategic advantage. Discover why NYC is the ultimate launchpad for innovation. Read more here: https://lnkd.in/efwJfjuh #Startups #NYC #Innovation #PropTech #Entrepreneurship

Real estate is one of the largest industries in the world, yet it outsources much of its innovation. In contrast, tech giants invest billions in R&D. Is it time for real estate to rethink its approach? Read our latest blog to explore why R&D could be a game-changer for the industry: https://lnkd.in/e9BGwtzk #GoPropTech #RealEstateInnovation #ResearchAndDevelopment

Looking forward to seeing everyone next week at Blueprint: The Future of Real Estate! Don’t miss Jonathan Klein moderating an esteemed panel featuring Jeanne Casey, Robert Entin, Pei Pei Mirabella (she/hers), and Dan Sachar as they discuss the ever-important "🏗️build vs. 💵buy" debate in the real estate and tech industries. #BlueprintVegas #Blueprint2024 #RealEstate #Technology #GoPropTech

The housing market may be tough for most Americans, but Toll Brothers is thriving. With record-breaking sales and robust demand for new homes, they’ve managed to increase revenue, outpace earnings guidance, and grow community counts. Their focus on affordable luxury and spec homes is driving growth, especially in regions like New Jersey, Idaho, and California. As mortgage rates remain high, Toll Brothers' balance sheet strength and strategic expansion continue to set them apart in a challenging market. Read more by Nick Pipitone at Propmodo: https://lnkd.in/ePS6D-Zx #RealEstate #HousingMarket #LuxuryHomes #TollBrothers #Homebuilding #MarketInsights #PropTech

🚀 Blueprint: The Future of Real Estate is just around the corner! 🌐 Join 3,000+ industry leaders in Las Vegas next month to forge new strategies and build invaluable connections. 💰 Take advantage of an extra $300 off the current registration rate (that's a total of $800 off the on-site rate)! Don’t wait—prices increase Friday, August 30th. Secure your spot now: https://lnkd.in/evnP4JXZ #Blueprint2024 #BlueprintVegas #GoPropTech #PropTech #Consulting

Sharing our latest blog post that delves into the remarkable story of Andi Schmied, an artist who cleverly posed as a billionaire to access some of NYC’s most exclusive skyline views. 🌆 Schmeid's adventure offers a unique glimpse into Manhattan’s high-rise world and the real estate industry. Her book, Private Views: A High-Rise Panorama of Manhattan, captures these breathtaking views and uncovers some of the lesser-known aspects of luxury real estate. Check out the full story here: https://lnkd.in/euV8GanM #NYC #RealEstate #ArtAndCulture #GoPropTech #SkylineViews

We’re thrilled to join the best of the best at Blueprint: The Future of Real Estate. Join us in September & save $300 on your All-Access pass now by clicking here: https://lnkd.in/evnP4JXZ #Blueprint2024 #BlueprintVegas

📉 While some PropTech firms are experiencing growth in mid-year 2024, many are merely treading water. PropTech is still feeling the economic and social impact of #COVID19 while dealing with high interest rates. The result is a challenging environment for entrepreneurs that will likely continue through 2024. An excellent Midyear 2024 PropTech Outlook report by Philip Russo at Commercial Observer delves into these trends. 👉 Check out the article here:  https://lnkd.in/eFTyhgAV Venture capital investment into PropTech fell 14.3% to $4.47 billion at the end of the first half of 2024. That’s a staggering fall from $13.13 billion in the first half of 2022, according to the CRETI · Center for Real Estate Technology & Innovation. 🤖 It’s not all doom and gloom, though. Artificial intelligence is everywhere in #Proptech these days, and PropTech firms are shifting to more practical strategies to unlock the best value from generative #AI. Some PropTech firms are also experiencing tremendous growth despite the fierce headwinds, including San Francisco-based Dealpath. Dealpath is growing and investing in tech “to supercharge deal sourcing, screening, and comp analysis, helping firms to evaluate more deals and capture more data.” Much of DealPath’s successful strategy also involves practical applications of AI and business process #automation, which are highly relevant to client-facing products, customer support, and software development. 📈 Another PropTech firm doing well is Runwise, which makes intelligent building controls to improve energy efficiency and cut carbon #emissions. Many factors have contributed to Runwise’s success, but President and Co-founder Lee Hoffman says the biggest is providing a service that delivers an immediate net ROI. “If you require huge capital investments and the #ROI is kind of nebulous, it’s a very tough environment,” Hoffman says. 💭 What do you think of the market for PropTech at the midyear mark? What are the keys to success in this challenging market? Let’s discuss this in the comments section below! 👇