Real Estate

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Walter Torous named executive director of MIT Center for Real Estate

Walter Torous, senior lecturer in the MIT Department of Urban Studies and Planning (DUSP) and the MIT Sloan School of Management, and director of the Master of Science in Real Estate Development Program (MSRED), was recently named executive director of the MIT Center for Real Estate (CRE) — effective July 1, 2026.In announcing Torous’ appointment, School of Architecture […]

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San Francisco-area estate sells for $70m in sign of AI-fueled wealth explosion

New owner is said to be involved in AI industry, as new class of multimillionaires is entering the real estate raceA luxury Lake Como-inspired estate in the San Francisco Bay Area has sold to a buyer “in the AI world” for a record $70m, in the latest sign of a new tech wealth boom that’s

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Exclusive: Ownwell Lands $30M To Help Homeowners Lower Their Property Tax Bills

Ownwell, an AI-powered startup that appeals property taxes on behalf of homeowners, has secured $50 million in financing, including $30 million in equity and $20 million in debt, the company tells Crunchbase News exclusively. With the latest Series B raise, Austin-based Ownwell says it has now raised $54 million in total equity funding since its

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Share values of property services firms tumble over fears of AI disruption

But, after second day of Wall Street falls, analysts say sell-off ‘may overstate AI’s immediate risk to complex deal-making’Shares in commercial property services companies have tumbled, in the latest sell-off driven by fears over disruption from artificial intelligence.After steep declines on Wall Street, European stocks in the sector were hit on Thursday. Continue reading…

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AI for High-Volume Real Estate Pipelines: Managing More Deals Without Adding Headcount

We explore how AI in real estate helps organizations manage high-volume deal pipelines, improve decision focus, and maintain consistency across growing workloads. The post AI for High-Volume Real Estate Pipelines: Managing More Deals Without Adding Headcount appeared first on Fusemachines.

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BharathCloud, JLL To Develop AI-Ready Sovereign Cloud

BharathCloud has selected JLL, a real estate company, as an advisory partner to assist in the development of AI-ready sovereign cloud infrastructure in major cities across India and some international locations. BharathCloud plans to invest up to $100 million over the next five years, contingent upon board approvals, financing arrangements, regulatory clearances, and current market

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Sector Snapshot: Real Estate Tech Funding Sees Slight Rebound, But Still Far Lower Than Peak Years

When interest rates were low, the amount of venture capital dollars flowing into the real estate technology space was high. The inverse of that is also proving to be true. As interest rates climbed in recent years, funding to the space plunged. But now in 2025, as rates have started to lower somewhat, venture dollars

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