When real estate professionals are busy trying to attract new tenants or retain current ones, critical tasks like property valuations and building maintenance and operations can get lost in the shuffle. Fortunately, property technology (proptech) has emerged to help pick up some of the slack, Jeffrey Steele recently wrote for Forbes. “The advances in applying data science and machine learning to real estate in the past few years have been significant, and the benefits they offer the industry are amplified in an uncertain economy,” Christopher Yip, partner in real estate venture capital firm&nb ..read more

The Citizens Broadband Radio Service’s (CBRS) 2020 emergence in the U.S. helped enhance the private 5G market throughout a number of industries as private networks became more affordable. Today, CBRS – a three-tiered framework that helps coordinate 150 megahertz of spectrum in the 3.5 GHz CBRS band — continues to be a success, and it looks like that trend will continue in the coming years, according to a recent SNS Telecom & IT report.  SNS Telecom & IT estimated that annual investments in LTE and 5G NR-based CBRS RAN (Radio Access Network), mobile core and transport network infra ..read more

Private wireless network provider Betacom announced a partnership with wireless carrier UScellular to deliver the industry’s first private/public hybrid 5G networks. The companies believe the partnership will advance Industry 4.0 initiatives across the U.S. The service provides security and control over business data, both on-premises and while roaming among company facilities. The private/public hybrid 5G network service allows organizations with multiple sites across numerous locations to maintain connectivity between locations. Businesses looking to modernize their operations acro ..read more

When real estate professionals are busy trying to attract new tenants or retain current ones, critical tasks like property valuations and building maintenance and operations can get lost in the shuffle. Fortunately, property technology (proptech) has emerged to help pick up some of the slack, Jeffrey Steele recently wrote for Forbes. “The advances in applying data science and machine learning to real estate in the past few years have been significant, and the benefits they offer the industry are amplified in an uncertain economy,” Christopher Yip, partner in real estate venture capital firm&nb ..read more

Market research and consulting firm Parks Associates recently released, in partnership with Vantiva, its latest white paper, “Next-Generation Self-Storage: Leveraging Technology to Grow Revenue,” which examined the changing self-storage landscape and technology’s role in driving revenue growth. The research looked at where self-storage property owners were leveraging the Internet of Things (IoT) to bring new services to their customers, drive operational changes such as remote site management, and automate processes to save on costs and increase convenience. Demand for self-storage solutions g ..read more

Property technology investors and founders may have shied away from the sector as lending decreased in recent years, but confidence in the industry has slowly started to rebound, according to a recent MetaProp report. The MetaProp Mid-Year 2023 Global PropTech Confidence Index revealed that investor confidence increased to 6.1 (out of 10) from 5.4 at the end of 2022. Meanwhile, proptech founder startup sentiment also went up slightly, 4.8 in mid-year 2023 vs. 4.4 at the end of last year. “As the market advances into the next phase of correction, investor sentiment is marked by a nuanced shift ..read more

KKR closes $560M industrial CRE sale Global investment firm KKR recently announced that it sold more than 5 million square-feet of industrial warehouse and distribution properties for a total aggregate value of more than $560 million. The sale confirms commercial real estate analysts’ belief that industrial is currently the safest asset class among industry sectors, GlobeSt.com reports. The dispositions were completed through five discrete transactions with five separate buyers. The fifth and final sale closed on September 29. The sales, primarily comprising assets in KKR’s Real Estate Partner ..read more

SOLiD, a cellular in-building mobile coverage provider, and ASOCS, which provides private 5G network software, recently announced a partnership to offer a complete O-RAN-compliant solution for private 5G and Industrial IoT (IIoT) networks. The joint solution allows rapid deployment of scalable private 5G campus networks with intelligent real-time positioning using the Citizens Broadband Radio Service (CBRS) spectrum. The new private 5G network solution comprises the SOLiD CBRS O-RAN Radio Unit (O-RU), the ASOCS CYRUS virtual O-RAN Distributed Unit (O-DU) and Centralized Uni ..read more

Property technology (proptech) Internet of Things (IoT) solutions provider Enlighted recently announced that artificial intelligence (AI) use in its Location Intelligence solution has been expanded, as well as new additions to the Enlighted partner ecosystem. Introducing AI models to Enlighted’s Real Time Location Services (RTLS) system improved the accuracy of finding assets and personnel more than 98 percent, an improvement over prior triangulation methods that offered 80 percent accuracy, according to the company. These AI capabilities build on Enlighted’s Temperature Co ..read more

Wireless carrier Verizon recently took part in the first-ever real-time transatlantic holographic collaborative meeting at Mobile World Congress Las Vegas. The 5G Future Forum (5GFF) and MATSUKO, which created the world’s first real-time software-only solution for holographic presence, led the meeting, which connected multiple people as holograms.   The holograms were connected from New York using Verizon’s 5G network, from Toronto using Bell Canada’s 5G network and from London using Vodafone’s 5G network.  The demonstration was viewed at GSMA’s Open Gateway Zone. The GSMA Open ..read more