Technology

It’s one thing to collect data, but real estate players need to learn how to glean insights from the data that help them make strategic decisions.

Day two of the CRETech New York conference wrapped up on Thursday, as speakers discussed the potential of proptech to disrupt the industry.

The conference, taking place in New York this week, is covering everything from IoT to coworking spaces.

The deal is valued at $20 million.

Emerging AI tools can help investors access property data and manage properties more efficiently.

IREM’s new tech expert James Scott, of MIT Real Estate Innovation Lab, believes there will eventually be the Microsoft equivalent of proptech.