Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
The Real Deal
After testing facial recognition technology on users for years, Facebook will soon have to decide whether to opt in or out of facial recognition for its own employees in New York.
Wall Street Journal
Airbnb Inc. is close to filing to go public in a move that would underscore a surprising rebound for the home-sharing giant and the IPO market. The company plans to file IPO paperwork with the Securities and Exchange Commission later this month, laying the groundwork for a potential listing before the end of the year, according to people familiar with the matter. Morgan Stanley MS +0.77% has been tapped to lead the offering, with Goldman Sachs Group Inc. GS -0.08% also playing a key role, the pe…
Nasdaq
Nasdaq has released its global Sustainability Report for 2019, highlighting major milestones and critical initiatives, including achieving carbon neutrality, launching new ESG-specific solutions for clients, and being recognized globally for its ten diversity and inclusion programs. The report offers an overview of Nasdaq’s sustainability efforts and progress as part of its long-term commitment to ESG advocacy, oversight, and philanthropy….
Bloomberg
Kroger Co. is setting up an e-commerce marketplace open to third-party vendors, part of the grocery-store operator’s bid to wrest web sales away from giants like Amazon.com Inc. and Walmart Inc. The owner of the Fry’s and King Soopers chains is working with online commerce specialist Mirakl to offer tens of thousands of additional goods, including housewares and toys, the companies said Tuesday in a statement. The partnership will let Kroger offer “more-relevant products” by broadening its e-com…
Business Wire
Till, a fintech platform that helps renters pay and stay in their homes, today announced that it has closed an $8-million seed funding round led by Route 66 Ventures, MetaProp and NextGen Venture Partners. Till’s Flexible Rent platform sets renters up for success by creating a customized payment schedule that aligns with their individual cash flow, helping them to become consistent, on-time payers. The analytics-driven platform, which was introduced in April 2020, is expected to cut evictions by…
Wall Street Journal
Robots that delivered a burger and fries a few years ago were a high-tech gimmick that gave hotel guests a good laugh. Now, some manufacturers suggest these machines could help guests stay safe during a global pandemic. Hoteliers and robotics companies say delivery bots like Relay, produced by the Google Ventures-backed Savioke Inc., are cutting down on potentially unsafe interactions between hotel staff and room guests, by offering contactless room service. And cleaning robots, like Maidbot’s R…
Going Green
Going Green is always looking at what industries and trends will be changing and shifting due to businesses becoming more sustainable. Real Estate is one of the industries we noticed is going to have a big shift in the way we buy, sell, live in, and work in buildings. We had the chance to talk to Brad Dockser, the Chief Executive Officer and Co-Founder of Green Generation, to talk about a sustainable real estate revolution….
Chicago Tribune
It was a happy accident that Parkline Chicago, a forthcoming 26-story complex in the Loop, will feature a “touchless experience” for residents upon entry. As they walk through the front doors, onto the elevator and into their apartment or condo, they won’t touch a thing. It’s one of the features that Parkline and two other new luxury residential developments in Chicago might have planned as a neat detail prior to 2020, but find to be much more vital in a world grappling with COVID-19. Co-wor…
Rockport VAL
VAL is a true cloud-based Cash Flow Modeling & Valuation Platform – designed by CRE industry veteran, Rick Trepp (Founder, Trepp, LLC) in collaboration with Moody’s Analytics. Built with best of modern technology – it is an affordable, intuitive, efficient and a very powerful alternative to the previous standards in underwriting solutions. VAL was voted #1 underwriting platform by CREtech – here’s some of the reasons why: -100% Cloud-Based: Login from anywhere – anytime – on any device. -API…
Gensler
Over the past 70 years, the workplace has evolved slowly but surely. In the past 5 months, that evolution has accelerated far more dramatically because of the health, social, and economic upheavals we’re currently experiencing. When the dust settles, the office is going to look and feel like a different place than the one we left in March.
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