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June 22, 2021

‘There Are Track Records Now’: More CRE Firms Pour Investments Into Maturing Proptech Sector

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The proptech sector has taken a major leap forward over the past year, with many startups successfully scaling up and providing windfalls for their investors, and the industry it serves has taken notice. 

A host of commercial real estate companies that historically only invested in physical properties have become venture capitalists, pouring money into funds that back proptech startups. Fund launches over the past two weeks from MetaProp and RET Ventures demonstrate the range of the industry's investment. 

‘There Are Track Records Now’: More CRE Firms Pour Investments Into Maturing Proptech Sector

These new fund launches come as the proptech sector continues to grow with massive amounts of investment in recent years. In 2020, 425 proptech companies took in $23.8B in investments, and in 2019, the sector received $31.6B in investments, according to the Center for Real Estate Technology & Innovation. A string…

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Healthcare Real Estate Looks Beyond The Pandemic With New Design Plans In Mind

 

NEW YORK CITY — As the healthcare sector in New York City looks toward the coronavirus pandemic’s end, healthcare providers are changing their pre-pandemic plans for the built environment, investing in the medical needs of the city in a new era. 

A focus on high bed counts in hospitals and new outpatient office design that allows for hybrid in-person and virtual care are among the priorities for medical space coming out of the pandemic, according to officials from medical institutions and healthcare real estate experts. 

“The changes that we've made in existing space and our plans for future space are really driven by all of the things that we've experienced in the last year and a half,” Westmed Medical Group Chief Operating Officer Karen Dolman said on a Bisnow webinar on the future of healthcare real estate in New York City. “You can define it as pre-pandemic, during pandemic, we'd like to say maybe post-pandemic now.” 

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