Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
AXIOS
You may never have heard of Jack Ryan, but if he succeeds, it could cost you a lot less to buy and sell a home. Why it matters: The deep-pocketed CEO of a disruptive real estate brokerage called REX, Ryan contends that inflated commissions are sapping Americans’ nest eggs and pushing homeownership out of reach — and he’s backing a major campaign against the establishment.
Bisnow
Anyone who thinks “slow and steady wins the race” is a dated pearl of wisdom should evaluate the state of coworking at the moment. Millions of square feet around the country are being vacated as the sector’s largest players either give back space, restructure through bankruptcy or go completely belly up. Then there’s Industrious. …
The Real Deal
The six-year-old company is set to go public by merging with a blank-check company backed by LinkedIn co-founder Reid Hoffman and Zynga founder Mark Pincus. The deal values Hippo at $5 billion — nearly five times its valuation in July 2020.
Accesso
Swivel’s digital office leasing platform will help Accesso shorten the leasing process by allowing tenants to engage in interactive virtual tours of its office spaces HALLANDALE BEACH, Fla. – March 12, 2021 – Accesso, a fully-integrated investment manager and operator of multi-tenant office buildings, today announced it has signed a partnership agreement with Swivel, a digital leasing platform for office space that empowers property owners and their leasing teams to flexibly market, design and …
TechCrunch
Gather helps people, well, gather in virtual spaces for any reason, whether it be for weddings, magic conventions, or, just a regular day at work. Over the past few months, as remote workers look for better ways to interact with each other, the startup has quietly amassed more than 4 million users, and today, an investment from the same elite Silicon Valley firm that has backed Zoom and Slack.
Nasdaq
C&W Acquisition, a blank check company formed by Cushman & Wakefield targeting real estate and proptech, filed on Friday with the SEC to raise up to $250 million in an initial public offering. The Chicago, IL-based company plans to raise $250 million by offering 25 million units at $10. Each unit will consist of one share of common stock and one-fourth of a warrant, exercisable at $11.50. At the proposed deal size, C&W Acquisition will command a market value of $313 million.
Altrio
The power of deal management software doesn’t come merely from the efficiency gains of automated reporting and easier task tracking. Real power comes from giving you the resources, intelligence, and responsiveness to move faster than your competition and work smarter in deal sourcing, screening, and underwriting. …
CREtech Climate
Join us for our first webinar, An Introduction to CREtech Climate: Exploring the Case for Decarbonizing the Built World and Promoting ESG Initiatives. We will explore our collective mission to decarbonize the Built World by promoting the adoption and investment of climate technologies as well as the importance of sustainability/ESG initiatives. CREtech and CREtech Climate CEO, Michael Beckerman, will welcome real estate industry leaders from Fifth Wall, EY, Savills, Building Transparency, and U…
CREtech+
Will O’Donnell, Managing Partner at Prologis Ventures, reveals how the company is better positioned today as a result of embracing new technology, his future technology roadmap, and what market forces he is most mindful of when deciding his future innovation strategy.
Estates Gazette
EG are looking for real estate experts in technology worldwide who want to showcase their transformative work from the last 12 months. Entrants will be judged by a panel of the most senior influencers in real estate.
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