Commercial Property Joins Tech Revolution as Spending Soars

Venture investors poured $12.9 billion into real-estate tech startups in the first half of this year

For years, real-estate technology startups watched from the fringes as big banks and venture-capital firms lavished attention on financial-technology firms.

Now “proptech” has joined the party. Startups are raising more cash than ever while landlords are adopting a range of new software and hardware that is changing the way they do business.

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