Real Estate Industry News

The world currently find itself enduring a health and economic crisis like none other in generations. As it does, property technology firms around the globe have risen to the occasion. Many have harnessed their strengths to backstop their communities, clients and staff, helping them retain vitality and continue functioning. Here’s a quick recap of some notable proptech contributions from across the nation and world.

No-contact viewing

Touring apartments at prospective rental communities is fraught in this season of social distancing. Flip has provided its contactless viewing at no cost to landlords, brokers and tenants who need to terminate their leases.

Unlike virtual viewings requiring sizable upfront costs to enable, buyers using Flip experience real-life viewings without human contact. A smart keybox on the unit’s door or near the main entrance door cradles keys. Users select a one-hour viewing slot on the Flip listing, verify their identities and gain a one-time-use access code. They use the keys to enter and tour the rental, returning them after the viewing.

Navigate WiFi infrastructure

Landlords and small business owners are being offered pro bono assistance in navigating WiFi infrastructure needs, without any need for commitment. The firm providing that free assistance: Younity. It is helping landlords optimize and secure wireless networks to ensure critical systems are running 24-7.

Younity is also providing advice on how to best access systems and networks remotely, and furnishing insights on LV and IT requirements. As well, the firm has created guides for tenants in improving all-important Internet quality during the pandemic.

Retail impact tracker

Placer.ai, an advanced foot traffic analytics plaform, announced launch of its COVID-19 Retail Impact Tracker. The tool enables swift analysis of the pandemic’s impact on almost six dozen leading retail industry brands, including the nation’s biggest fast-food restaurant brands. The company uses the most dependable and current data to give users a glimpse of the current pulse of the industry.

Remote building management

During the COVID-19 pandemic, it has become essential for building management to be performed remotely, with minimal staff exposure to possible infection. Enertiv provides remote building management capabilities to help building owners achieve more for their tenants, even at a time they face the reality of reduced or absent in-person staff and/or third-party vendors. The company’s software-first solutions help them access building systems remotely, take over work vendors formerly performed and document all their processes. Enertiv is offering assistance to any commercial real estate owner or operator, whether or not they are a current client.

Addressing zoning issues

A firm called Envelope has reached out to furnish its professional zoning services to New York City agencies, and is capable of doing so for agencies in other cities. The firm delivers an up-to-date platform to analyze and visualize a site’s development potential, within parameters of as-of-right zoning and under alternative schemes.

Uniting commercial design

Source is offering all its digital tools and services free to commercial architecture and design professionals. That free access will be for six months “or as long as it takes to get back to whatever our new normal might be,” the company states.

Classes and events

In an effort to buttress mental and physical health, HOM has slashed its class and events costs by half, allowing its clients to access twice the usual volume of virtual wellness and social events during a time many are under shelter-in-place orders.

Free mental healthcare

Ahead of its launch, New York City-based mental health provider Real went live with a selection of digital therapy services for those requiring the treatment. Starting on March 27, the company offered a four-week gratis mental health platform of therapist-orchestrated digital sessions on such topics as working from home while juggling parenting duties, tackling unrelated life crises during the pandemic, caring for aging parents and pregnancy during the chronology of Corona.