Brad Hargreaves’ Post

This is an exciting development in the proptech space, Brendan! The intersection of real estate and technology is rapidly evolving, and it’s fascinating to see how venture capital is increasingly flowing into innovative solutions that are transforming the industry. As we embrace new technologies, such as AI and blockchain, we can expect to see significant improvements in efficiency, transparency, and overall user experience in real estate transactions. It’s an exciting time for investors and entrepreneurs alike, and I look forward to seeing how these advancements will reshape the landscape. Thank you for sharing this insight! Let’s keep the conversation going about the future of proptech and the opportunities it presents. #PropTech #RealEstate #VentureCapital #Innovation

Latin America's real estate market is massive but largely untapped by technology. Proptech in Latin America faces unique challenges, from high financing costs to a lack of formal property records and limited data. After evaluating hundreds of proptechs, we know that the best solutions aren’t just copy-pasted from the US or China; they must be built specifically for LatAm. We're looking to meet founders who are leveraging real tech to build Latin America-specific solutions.  In this article, Alexa Clark Ibarra delves into our approach to proptech in Latin America and what we look for in the companies we invest in. https://lnkd.in/eBsQPQ9m

As proptech goes global, I expect all of the emerging global proptech ecosystem are going to meld. Real estate might be the world's most universal industry. Although there are regional idiosyncrasies, there are a lot of similarities between owning and operating a building in Singapore, São Paulo, or St. Louis. And tech is also increasingly worldwide. When we started Fifth Wall, our vision was to be the largest and best investor at the intersection of real estate and technology. Our first fund and first investors were only focused in the United States. But as we've grown, we've launched a European strategy and expanded internationally into several beachhead markets in Europe and East Asia. We don't want to have any blind spots. #proptech #realestate

In this section of my interview with Brendan Wallace we look at how quickly many of the players in our space are adopting both predictive and generative AI in their core business practices. This is the first time since I’ve been investing where other industries are studying how new software platforms are utilized within the built environment and using it as a blueprint for their own industries.

Insightful discussion! The CAD+ system is an exciting example of early adoption in property management, helping harness the power of large data to enhance security operations. By streamlining processes, CAD+ gives property managers real-time insights that optimize decision-making, ensure smoother operations, and improve safety. What’s even more compelling is how this technology elevates the personal touch each guest receives—turning data into actionable strategies that enhance their experience the moment they walk onto the property. It’s a great example of how innovation doesn’t just make us more efficient; it empowers us to deliver service with care, precision, and a human touch. While we may be early in this technological evolution, tools like the CAD+ System shows that those willing to embrace data-driven solutions today will set the standard for tomorrow. Want to learn more about the CAD+ System, contact me @ www.thecadplus.com #cre #tech

TOP REAL ESTATE TECH: Got a coverage coming up on proptech. What are some exciting companies innovating in the real estate space? For an article. Send in your recommendations. #journorequests

Takeaways about the state of the proptech ecosystem from Fifth Wall staff who attended Blueprint: 🏡 There's lots of innovation and exciting new real estate technology companies emerging. 💼 We saw a good representation of startups, investors, customers, and institutions—showing an increased acknowledgement of the role emerging tech plays in assets. 💰 There has been a hard pivot in the last two years to NOI-generating companies. ⚖️ Differentiation is still challenging. There are lots of companies taking on similar challenges, and given the early stage, it's unclear who will win and what the defining characteristics of the winners will be. This can exacerbate the fragmentation we see in the industry, and it's a clarion call for greater coordination across owners-operators. 💸 There was a more somber tone than years past. Everyone is very aware of the current lack of liquidity in the market and "risk off" nature of investment. 🏢 OpCo-PropCo's are being talked about even more as a means of alternative financing in the midst of a tight venture capital market. 🌎 Uncertainty due to the geopolitical environment and fed decisions will likely last through the end of this year. We don't expect there to be major unlocks on the capital side of things until December or January at the earliest. 📉 With the Fed cutting rates and some positive data points around office leasing, it feels like the real estate industry may finally have some tailwinds. This gives owners confidence to deploy new technologies, especially efficiency tools powered by AI, which is a good sign for the broader PropTech ecosystem. #realestate #proptech Blueprint: The Future of Real Estate

We also need to break down the barrier to funding for building/software/data driven building sector non profits, where success is driven by increased adoption and impact, not increased profit margins, but investment is still needed to scale. At Building Transparency, we are seeing our EPD database and free EC3 tool becoming the foundation that a collection of innovative tech startups - as well as some seasoned tech companies - (Tangible, cove.tool, Qualis Flow (Qflow), 2050 Materials, C.Scale, Autodesk, Bentley Systems) are building on top of (EPD database) and/or integrating with (EC3 tool). This is a necessary role for a non profit to fill (re: to data accessiblity/consistency/free platforms) and positive example of the type of ecosystem of solutions we need to really service the building sector across all scales and stakeholders in decarbonizing how and what we build. So, how can for VC funds support the non profits that are key to enabling the growth and success of the for profit startups they are investing in?

Fifth Wall wants to invest in more new real estate businesses. The total addressable market of these businesses is much larger than the tech opportunities serving them. However, there's a fundamental problem that constrains the growth of new real estate businesses. They need two very distinct sources of capital: 1. Operating capital 2. Hard asset capital The former is suitable for venture capital funding. The latter is not. These pools of capital barely commingle, and that impairs the birth of new real estate businesses. There's a missing hybrid in our market. I'd really like to see venture pools of capital investing in fast-growing, next generation operating companies paired with the necessary hard asset capital new real estate businesses require. It's typically referred to as "PropCo-OpCo" ... but I strongly dislike that term, because it implies the very balkanization of capital that is the problem. You want those two sources of capital to be aligned, but that doesn't really exist...yet. I believe future funds could synthesize these two sources of capital, which will allow these companies to be successful. We've been thinking a lot about breaking this cycle at Fifth Wall, because it's something that has to change in our industry. #proptech #realestate