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Latest Trends and Insights in Real Estate Technology

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Mall owners renting out parking lots during the coronavirus pandemic

CNBC
7/15/2020

Parking lots, of all places, are turning into bigger sources of revenue for some mall owners during the coronavirus pandemic. Brookfield Properties has signed a deal with entertainment company Kilburn Live to turn the parking lots at a number of its malls in the U.S. into drive-in theaters, hosting movies and virtual concerts, with many consumers looking for outdoor activities to participate in during the Covid-19 crisis. So far, they are at five Brookfield locations in Denver, Dallas, Houston, …

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Amazon’s new smart shopping cart lets you check out without a cashier

The Verge
7/15/2020

Amazon is expanding its real-world footprint with another unconventional physical product: a shopping cart. While it certainly looks like an aesthetic upgrade to your standard grocery store cart, the Dash Cart, as it’s called, is in fact a smart version of the tried-and-true food transport vehicle.

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Adam Neumann is back in the shared economy business with an investment in GoTo Global

TechCrunch
7/15/2020

Adam Neumann, the controversial co-founder and former CEO of WeWork, has taken a 33% equity stake in GoTo Global, a shared mobility company that operates in Israel and Malta and aims to expand into Europe later this year. Neumann’s family office, 166 2nd Financial Services, invested $10 million into GoTo Global as part of a $19 million Series B round. As part of his investment, Neumann will be able to appoint one board member on his behalf. Existing shareholder Shagrir Group Vehicle Services,…

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Going ‘Deep Green,’ Office Buildings Give Back to the Planet

The New York Times
7/15/2020

As technology costs have declined, more developers are creating buildings that can benefit the Earth by tackling pollution and save money by producing their own power.

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Introducing The Hometel: The New Hospitality Concept That Actually Pays Rent, Post-Coronavirus

Bisnow
7/15/2020

Landlords hit by rental defaults from their hotel tenants may have a way out of the crisis. This week the budget hometel concept joined the aparthotel, the poshtel, the student hotel and half a dozen others in the hunt for new ways to claim a slice of the short and medium-stay market. The difference is the claim that it could help make money quickly for hotel landlords hit by the coronavirus pandemic.

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THE FORT PODCAST: Featuring Michael Beckerman

Fort Capital LLP
7/15/2020

Michael Beckerman is the founder & CEO of CRETech, the the largest international community of professionals devoted to technological innovation in the real estate sector. On this episode, Chris and Michael discuss the chaos in the event-industry as they navigate COVID-19, launching a consulting business mid-pandemic, the trend of venture arms popping up in the world’s largest companies, and the future of Real Estate Technology.

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WeWork Signs Merck Spinoff for Big Jersey City Lease

The Real Deal
7/15/2020

It’s not all doom and gloom for WeWork these days. The co-working company has landed a big deal in Jersey City while also avoiding more liabilities on its balance sheet….

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Infinite Learner… New Blog Post by our CEO, Michael Beckerman

Michael Beckerman
7/15/2020

That’s how I would best describe my own internal wiring. I am constantly curious. Always trying to improve. Continuing to seek out what is new, interesting and leading-edge. I am obsessed with change and transformation. Does it lead to a lot of failures? Sure. Is it risky? Absolutely. But it is also what drives the great business leaders and companies of our time. Of course, I don’t put myself in that category, but I do attribute a lot of my inspiration to continually learning from others …

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Skydio raises $100 million, announces enterprise-focused drone lineup

Venture Beat
7/14/2020

Redwood City-based drone startup Skydio today revealed it raised $100 million, bringing its total raised to $170 million. Coinciding with the fundraising, Skydio unveiled a new family of drones — X2 — and software solutions designed to simplify inspections and enterprise-oriented workflows.

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Buildings are getting tested for coronavirus, too

AXIOS
7/14/2020

Testing buildings — not just people — could be an important way to stop the spread of the coronavirus. Why it matters: People won’t feel safe returning to schools, offices, bars and restaurants unless they can be assured they won’t be infected by coronavirus particles lingering in the air — or being pumped through the buildings’ air ducts. One day, even office furniture lined with plants could be used to clean air in cubicles.

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