Technology & AI

Digital Realty booked a record $855 million of annualized rent in Q3, built a $2.5 billion backlog, raised its 2026 outlook and bought $742 million of land in Indianapolis, Charlotte and Chicago.

Delta Media Group’s new Intelligent Websites let home shoppers chat with a brokerage site and hand over contact details in the conversation instead of a sign-up form.

CoStar Group agreed to acquire Vexcel, an aerial imagery provider with more than $140 million in annual revenue, betting AI can turn overhead photos into property data. It also raised 2026 guidance after a record third quarter.

The construction-autonomy startup’s Series C, co-led by CapitalG and Emergence Capital, brings total funding to nearly $1 billion as contractor Haydon and seven other firms sign on.

The closing software company’s new Earnest Money Deposit and Cash to Close products let title and escrow firms collect buyers’ funds by secure link inside Qualia Core, replacing checks and emailed wire instructions.

AppFolio’s third-quarter revenue rose 19% to $296 million on 21% growth in value added services, as the company raised the low end of its 2026 sales forecast and trimmed its margin range.

Real REMAX Group’s Real brokerage unveiled Leo Pro at its RISE conference, an AI platform that takes plain-language requests, runs more than three dozen task agents billed by token, and checks with agents before important actions.

CBRE will pay £460 million (about $610 million) in cash plus an earnout of up to £300 million for Onnec, a London-based data center infrastructure services firm, expanding its push into hyperscaler work in Europe and Asia Pacific.

A new Zillow connector puts for-sale and rental listings, home values and affordability tools inside Claude, with tours, agent connections and financing a click away.

Founded by former Starwood and Morgan Stanley lenders, CarbonAI says its agents underwrite, draft memos and monitor CRE loans after closing. Greystone is a named customer.

Stand, which simulates how individual homes perform in wildfires and storms, raised a $70 million Series C led by Saga Ventures and says it now insures more than $10 billion of property.

Gov. Tina Kotek’s Oct. 9 letter asks Oregon DEQ to stop processing air and water discharge permits for new or expanded data centers through July 1, 2027, including municipal wastewater permits sought to serve them.

The Washington, D.C., fractional single-family rental platform closed a Series A led by Draper Associates at 55 percent above target, saying it was already cash-flow positive and manages more than 150 houses with four people on supply.

Baillie Gifford and funds managed by BlackRock co-led a $200 million Series D for ICON, which says the money will start production of Titan, its multi-story robotic printing system, in Austin, Texas.

The largest U.S. homebuilder by volume has signed a multi-year agreement giving it access to Promise Robotics’ Factory-as-a-Service platform for more than 1,250 homes, the companies said Oct. 13.

Optimal Blue acquired Denver-based borrower engagement platform Usherpa and, the same day, connected its direct lock function to Fannie Mae’s PE – Whole Loan platform. Terms of the acquisition were not disclosed.

The Loan Officer Productivity Suite, announced Oct. 12, puts six AI features inside nCino’s mortgage point of sale, from a guideline-answering assistant to automated pre-approvals and disclosures. Two of the six were released earlier this year.

PLACE has agreed to buy Ardley, whose AI reads a lender’s servicing portfolio and pushes pre-structured loan offers to existing borrowers. Terms were not disclosed. It is PLACE’s second mortgage-technology purchase since Sept. 24.

Vesta said on Oct. 8 it raised $30 million led by Conversion Capital, with strategic money from Pennymac, New American Funding, Citi Ventures, nbkc bank, First American and FirstKey Mortgage. The company says AI agents and automated workflows now handle about 40% of tasks on its loan origination platform.

Fair Isaac disclosed in an Oct. 6 SEC filing that it will cut about 15% of positions across the company, taking $27 million in severance charges, even as scores revenue grew more than 40% year over year.

Realtor.com added RealAssist AI to Realtor.com+ on Oct. 6, automating client setup, summarizing daily client activity and drafting actions agents approve. The platform is live in 21 markets serving more than 192,000 agents.

Valon Technologies raised $150 million in Series D funding at a $2.3 billion valuation, doubling its prior valuation, with Ribbit Capital joining and Andreessen Horowitz returning. The company says one in six outstanding U.S. mortgages is under contract to run on its ValonOS servicing platform.

Yardi says the new platform embeds AI in modules clients already run, opens live Yardi data to outside AI assistants starting with Claude, and adds agents for invoice approvals, lease audits and month-end close.

The justices denied certiorari in Zillow Group v. Jaeger on the first day of the new term, ending the company’s effort to undo a class certified over its 2021 statements about Zillow Offers pricing.

AWS chief executive Matt Garman pledged more than $1 billion over five years for the counties hosting Amazon’s data centers, citing more than 100 local moratoriums under consideration across the country.

CertifID acquired Austin-based Closinglock on Oct. 1, combining wire-fraud prevention with escrow payments across more than 3,000 title companies. Terms were not disclosed.

Construction managers and building inspectors are the only two of 47 construction occupations BLS rates as high-exposure to AI. The other 45 rate low or moderate.

Battery Ventures led a $40 million Series B in Miter, which runs payroll and workforce operations for more than 2,000 contractors and says it pays about two of every 100 U.S. construction workers.

Bain Capital Tech Opportunities has bought a minority stake in construction project-management software maker Kahua at a valuation above $1 billion. The Alpharetta, Ga., company says it serves more than 2,500 customers, supports over $400 billion in capital programs and has passed $100 million in annualized revenue.

Andreessen Horowitz and Bessemer co-led a $350 million round in EliseAI at a $4 billion valuation. The company says its AI agents handle leasing, maintenance, renewals and billing across one in six U.S. apartment units.