Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
The Real Deal
Three weeks after detailing how Airbnb almost “lost everything” after the pandemic hit, CEO Brian Chesky is reviving plans for a 2020 public offering. … The message came after Chesky earlier announced that the president of Airbnb’s Homes division, Greg Greeley, would step down after two years with the company.
The Negotiator
The world of property software CRMs has been shaken this morning following the resignation of Reapit CEO Gary Barker who is to join Purplebricks founder Michael Bruce’s new proptech business. The 43-year-old’s departure follows 13 years leading Reapit and before that senior roles within Countrywide’s finance and IT teams.
CREtech
CREtech (cretech.com) and FUTURE PropTech, the largest intelligence platforms devoted to Reimagining Real Estate, announced today that Sineesh Keshav, Chief Technology Officer of Prologis, will take the stage for the Reimagining Real Estate Virtual Global Summit, the largest global real estate tech virtual conference ever assembled. The 40-minute presentation will begin at 11:20 a.m. ET/8:20 a.m. PT on Tuesday, July 28. …
Openpath
Openpath, a security startup specializing in modern mobile access control for the built world, today announced it’s closed a Series C funding round of $36M, led by Greycroft, with participation from Okta Ventures, Lincoln Properties, Allegion and Sentre, including follow-on from existing investors.
Michael Beckerman
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 othe…
AXIOS
Tech was the first industry to send its workers home when COVID-19 first hit the U.S., and it has been among the most cautious in bringing workers back. Even still, many companies are realizing that their reopening plans from as recently as a few weeks ago are now too optimistic.
CNBC
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, …
The Verge
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.
TechCrunch
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,…
The New York Times
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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