LA Wildfire Price Gouging Lawsuit + Autodesk Rival Takes Shape

Author

Franco Faraudo
February 05, 2025

Propmodo Technology

By Franco Faraudo · February 5, 2024

Greetings,

Tech news this week has been overshadowed by relentless coverage of Trump’s intense first month in office. But important developments in the PropTech world continue, and we’re here to share them. As real estate technology companies race to integrate AI into their platforms and data center development surges, the public release of China’s DeepSeek large language models could offer a more affordable AI option—unless the U.S. government moves to ban it first.

Let’s go!

Bytes

🔄 Successful Pivot
Hong Kong based startup Butler began by selling housekeeping subscriptions but once they pivoted into an AI-assisted way for landlords to automate things like tenant inquiries they have become profitable and are now expanding to other regions.

👑 Coming for the King
The former co-CEO of Autodesk has started a competitor, called Motif, that will challenge the ubiquitous design program with “cloud-native 3D computer-aided design tools that will have elements of machine learning and AI.”

🤑 Gouged Back
The short-term rental PropTech company Blueground has been sued by the Los Angeles city attorney for allegedly raising prices as much as 50 percent in the aftermath of the devastating recent fires.

Perspectives

The AI-Driven Evolution of Multifamily Properties

Multifamily operators are overcoming AI hesitancy as predictive analytics, chatbots, and smart tech streamline operations and enhance tenant experiences. By balancing automation with human touch, AI boosts lead generation, retention, and efficiency, reshaping industry standards.

READ ONLINE: https://propmodo.com/the-ai-driven-evolution-of-multifamily-properties/

Overheard

More Propmodo Technology

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Could WeWork’s Collapse Have Been Avoided With a Propco/Opco Strategy?

READ ONLINE: https://propmodo.com/could-weworks-collapse-have-been-avoided-with-a-propco-opco-strategy/

Academia Is Helping the Real Estate Industry Spot Macroeconomic Trends

READ ONLINE: https://propmodo.com/academia-is-helping-the-real-estate-industry-spot-macroeconomic-trends/

One of the Smartest Office Buildings Links Connectivity With Public Transit

READ ONLINE: https://propmodo.com/one-of-the-smartest-office-buildings-links-connectivity-with-public-transit/

Propmodo Technology is edited by Franco Faraudo with contributions from readers like you and the Propmodo team.

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