Weekly Radar #337: Proptech Index Up 1.86%, Networking With Boardy, The Unusual Way To Websites
Before we get to your regularly scheduled programming...we have to ask, are you a Real Estate (tech) Rebel in need of Resort Mode? Greg Fischer and I would welcome your attendance at the upcoming GEM Proptech Getaway. This is your chance to take a step back to work on your business, not in it, with two days of combined social gatherings along with dedicated content and peer discussions about the intricacies of our industries. Read Greg's invitation.
In this Weekly Radar, we cover:
- Station A enhances energy project transparency by offering a marketplace for property owners and firms like Prologis to evaluate and competitively bid on efficiency solutions, ensuring clear ROI despite waning ESG commitments.
- Clear Cooperation Policy (CCP) is ineffective in preventing off-MLS listings, as private networks like Austin Luxury Network persist, with a proposed "Coming Soon" status offering a more balanced solution for market data transparency.
- Docusign remains dominant in digital agreements despite YC’s push for a disruptor, while AI-driven brokerage tools present a significant opportunity for real estate automation.
- Boardy, an AI-powered networking assistant, is gaining traction with its ability to connect professionals.
- Unusual, a YC-backed startup, offers AI-powered, hyper-personalized landing pages to optimize conversions, presenting a compelling solution for startups lacking advanced CMS capabilities.
As always, links surrounded by the ❇️ emoji indicate exclusive GEM Diamond content. If you would like to have access to all links, please consider GEM Diamond membership.
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Transmission Recap:
This week, Brad Cartier ponders a way the U.S. could address urban blight and housing affordability by adopting strategies inspired by Japan's "Akiya" concept for dilapidated housing stock. Most recently, we dropped our 5th annual "State of the GEM"...see the current membership makeup of GEM, as well as 2024 business reflections and 2025 resolutions.
BIZ INTEL
PROPTECH INDEX WEEKLY
By: Community Relations
Consisting of 29 stocks, the GEM Proptech Index had a combined market cap of $248.033B, an increase of 1.86% from the previous week.
This week, Vacasa confirmed receipt of an unsolicited $5.25 per share acquisition proposal from Davidson Kempner Capital Management, a hedge fund. On December 30, the company had already agreed to a $5.02 per share merger with rental property management company, Casago. Vacasa's board is now reviewing the new offer to determine if it qualifies as a "Superior Proposal" under the existing agreement and weighing the higher bid from a hedge fund against the lower but more strategic offer.
CLIMATE
SURFACING COST SAVINGS FOR ENERGY PROJECTS
By: Logan Nagel
Based in San Francisco, Station A helps property owners and long-term tenants evaluate the impact of energy generation and efficiency projects like solar generation infrastructure or EV chargers, based on address-level property characteristics. Alongside evaluation, it includes a marketplace where real estate firms like current user Prologis can submit RFPs and track competitive bids. In this way, Station A doesn’t just install or even broker the installation of energy efficiency infrastructure, instead, it increases transparency with a marketplace.