The concept of self-touring (a prospective renter or home buyer tours the property on their own, without an agent) has been around for a long time, but with the help of smart locks, smart home devices, and software integrations, we are seeing the true potential of self-touring.
The Future of Work – that is, the new paradigm of interactions between workers, jobs or employment arrangements, and their physical/virtual workspaces – has significant implications for the Real Estate sector.
WeWork is an example of a company that’s spent a ton of money on technology and acquisitions yet is still challenged daily on whether it’s actually a tech company.
This year’s AIM (Apartment Innovation and Marketing) Conference takes place on May 5-8th in Huntington Beach, CA. We are thrilled to be participating on the panel “Don’t Build It, Invest In It: The New Operator Approach to Technology”.
...the lack of formidable software tools available to contractors, subcontractors and suppliers exacerbates major manual pain points around purchase orders, invoices, receipts and liens. Today, we’re going to take a deeper dive into those downstream challenges and potential solutions.
In a space where technology is still uncharted territory, but also celebrated, where can startups make the most impact and how will agencies benefit?
We believe that Stay Alfred, and other short term operators, have a similar opportunity as WeWork and that master leasing units is just the beginning.
The construction industry is massive. It’s one of the largest sectors of the global economy representing $5 trillion in payments annually, with the US construction industry representing a $1T market.
To achieve the goal of reducing the globe’s net greenhouse gas emissions to zero percent by 2050, we need the vast majority of commercial property owners to become more energy efficient with a focus on renewable energy sources.
Today, it can be argued that it is easier to start a software company than ever before, as infrastructure (ie AWS, APIs, micro-services, open source, etc) needed to start a software company is more readily available and cost effective than ever.
It is our vertically-integrated approach combined with our trusted LP base that enables us to provide creative, flexible investment solutions and always keep the best interests of portfolio company founders at heart.
Underwriting software needs to be flexible in order to achieve mass adoption. Prior to joining Nine Four Ventures, I spent 8+ years in multifamily and commercial real estate acquisitions, where I underwrote nearly $10B in transactions.
The advancement of machine learning is undeniably valuable as we look at technologies being conceptualized within the RE space. Whether it be for residential, multifamily, or commercial, the growth potential it creates is something we at Nine Four feel strongly about.
This week I had the opportunity to speak at the CREtech conference in NY, and I think the experience I had at the event is representative of where the PropTech space stands at the moment: lots of momentum, lots of excitement, and a lot of unknowns.
Modular home builders benefit from many cost savings and pass along some of those to prospective buyers. Manual labor is traditionally the biggest expense associated with every construction project.
As we are in the early innings of real estate technology adoption, we are seeing new tech-enabled platforms enter the space. Many of these platforms are challenging the traditional incumbents in the space, ranging from service providers to hardware to property management systems.
Owning a home is the American Dream. It represents a path to financial freedom and is typically the largest single asset an individual owns.
In the “amenities arm race” of the multifamily industry, one often overlooked amenity is providing reliable, fast internet to residents. Internet needs to work immediately when a resident moves in to their new home.
Marketing professionals in today’s multifamily space can all agree that standing out is a full-time job. Understanding where processes can be more streamlined may potentially answer some fundamental questions when building technology around this category.
“Space-as-a-service” is a term that generally refers to an asset-light business model that allows a consumer or business to rent space that suits their needs rather than going through a more traditional capital and time-consuming buy, build, and own process.
Given the implications that mobility has for real estate, we believe that real estate owners and operators should pay close attention to how mobility networks can impact the demand for properties
On the surface, smart lighting seems like a relatively simple and easy way to “smarten” your communities. Just screw in a smart light bulb or add a smart outlet! However, this is a category where there is more than one route to take, all with different pros and cons.
I’ve sat in on a lot of meetings between industry players and startups targeting the residential real estate space. Something that surprises me is the frequency with which I hear the same pieces of feedback and “things you should understand” from industry professionals.
Predictive analytics is a sliver of a broker or agent’s technology stack, but it’s a very meaningful one. Winning business is the first step to success, followed by delighting a client to the point where they’ll refer you and drive more business.
Today, smart home technology may be viewed as a “wow factor” that differentiates one apartment community from another. Tomorrow, smart home technology will be a requirement...
t seems like there are a few camps of thinking when it comes to how technology is going to impact the residential real estate agent. One end of the spectrum is the camp believes that real estate agents will always be around and the things agents do aren’t going to change much.
Nine Four Ventures, a vertically integrated venture capital firm that invests in technology companies impacting real estate and its stakeholders across and between each phase of an asset’s lifecycle.
The funding round was led by MATH Venture Partners, Nine Four Ventures, and @properties brokerage firm’s co-founders Thad Wong and Mike Golden, Chicago-based investors who have all backed various startups using real estate technology in innovative ways.
A collection of articles from around the web curated by the Nine Four Ventures team