(Featuring Steve Weikal, Head of Industry Relations and CRE Technology, MIT Real Estate Innovation Lab)

In the past two years alone, more than $50 billion has been invested into emerging proptech. As new businesses in proptech continue to expand, what should investors pay attention to?

https://www.afire.org/podcast/mediatingre/

Although some experts suspected that proptech would face a slowdown in 2020, the sector actually grew faster than it did in 2019, consistent with the notion that the pandemic served as an accelerant for changes already underway across the entire CRE value chain. If investors weren't already prioritizing proptech, are they already too late?

Steve Weikal, head of industry relations and CRE technology at the MIT Real Estate Innovation Lab, discusses how investors can rethink the relationship people have with real estate through proptech. Enabled by emerging machine learning, AI, analytics, and other technologies, proptech has proven to generate a convergence of uses in the real estate space. What can investors expect to see moving forward?