Nine Four Insights

Weekly Reads

A collection of articles from around the web curated by the Nine Four Ventures team

Space-as-a-Service: Multifamily Edition | Nine Four Ventures

‘We’re now starting to see ‘space-as-a-service’ companies targeting multifamily real estate with similar business models as coworking companies. The reasons make sense: the business models create synergies between the landlord, startups, and renters, and doesn’t require a large change in landlord behavior for adoption.’

Travel Apartment Pioneer Stay Alfred Raises $47 Million in Series B Funding | PR Newsire | Stay Alfred

‘Stay Alfred, the hospitality startup that pioneered the travel apartment concept in the alternative accommodation space, announced Wednesday it has secured Series B funding totaling $47 million. Led by Nine Four Ventures, a Chicago-based, vertically integrated real estate technology fund, the new investment will support Stay Alfred’s ongoing rapid expansion in current and future markets. The latest round brings the company’s total funding to date to $62 million.’

How Tech is Impacting Key Consideration Factors for Renters | Multi-Housing News

‘The process of searching for and finding an apartment to rent has changed dramatically in recent years as real estate technology has evolved. It’s not just innovations in online listings services—popular ILS sites have certainly grown rapidly over the past decade but, new technology is fundamentally changing the entire renter’s journey, arming future residents with a wealth of data and information at every step of the way.’

4 cutting-edge technologies changing the construction industry | Business Journal

‘As rapid as technology is evolving in the construction industry — and with what was once considered revolutionary now commonplace on many jobsites and end-projects — it’s hard to predict what the future holds’

Blockchain Technology Could Change The Subcontractor Relationship In Construction | Bisnow

‘Blockchain is best known in conjunction with cryptocurrencies — it is the underlying technology for digital coin exchanges like bitcoin — but can be applied in many different ways.’

 

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