In Case You Missed It, Read the Highlights from CREtech Talks: The Evolving Dynamics of Ecommerce

In the post-pandemic era of commercial real estate, the industrial real estate sector may be the most disrupted, yet opportunistic. A true black swan event in modern economic history, today’s leaders in industrial real estate have rethought and transformed their approach and strategies in today’s economic environment. In a recent CREtech Talks, The Evolving Dynamics of Ecommerce, four industrial real estate experts, Geoffrey Kasselman of CRG, Will O’Donnell of Prologis Ventures, Jay Todisco o…

WeWork Wants a Rent Break. Its Customers Do, Too.

Arculus raises €16M to upgrade assembly lines with its ‘modular production platform’

Arculus, the Ingolstadt, Germany-based startup that has developed a “modular production platform” to bring assembly lines into the 21st century, has raised €16 million in Series A investment.

CoStar’s Andy Florance on buying Ten-X, the future of office buildings and why brokers don’t need discounts

Andrew Florance, CEO of CoStar (Photo by Jeffrey MacMillan for the Washington Post) Commercial real estate is navigating perhaps its greatest challenge in a generation, if not more. Many of the world’s most prominent companies have indicated that their needs for office space will…

SoftBank-Backed Construction Firm Katerra Taps Oil-Industry Vet as CEO

Construction startup Katerra is replacing its chief executive and has secured new funding, as the firm tries to navigate a sharp industry slowdown caused by the pandemic. Paal Kibsgaard, the former chief executive of oil services firm Schlumberger Ltd. and most recently Katerra’s chief operating officer, is taking over the helm on July 1. Michael Marks, who co-founded the company in 2015, is stepping down, Katerra said.

Apple begins reopening some stores with temperature checks and other safeguards in place

In mid-March, Apple closed all of its stores outside of China “until further notice.” It was a sweeping — but necessary — move for a world facing down a growing pandemic. In a statement issued today until the title, “To our Customers,” Retail SVP Deirdre O’Brien offered insight into the company’s plans to reopen locations.

Silicon Valley Sees Shift to Where Workers Are

Four years ago, Aaron Levie moved Box Inc., the fast-growing cloud-computing company he co-founded, into a new, red-brick building with its logo on the facade. Box decked it out with all the trappings of Silicon Valley: a sleek cafeteria, common areas with orange hammocks, and a bar built from a converted Volkswagen van with kombucha and cold-brew coffee on tap.

Real Estate Technology Company Northspyre Raises $7.5 Million to Modernize Real Estate Project Delivery

Northspyre, a cloud-based intelligence platform for real estate owners, developers and project management firms, today announced that it raised $7.5 million in Series A funding led by David Sacks’ Craft Ventures, with participation from Tamarisc Ventures. Northspyre is upending traditional commercial real estate project delivery with modern technology, automation and data-driven proactive insights.

Chainsmokers Invest $10 Million in Mortgage Startup

Popular DJ duo Chainsmokers is switching tracks with a plan to invest in startups — beginning with $10 million in mortgage lender LoanSnap. The Grammy Award-winning musicians Alex Pall and Drew Taggart had invested their personal funds before, but now they are taking it to a new level. Through a venture fund, Mantis, the two plan to invest $50 million in total, according to Bloomberg.

Danny Meyer: Restaurants won’t open until COVID-19 vaccine available

Danny Meyer, head of Union Square Hospitality Group, which owns New York City hotspots Union Square Cafe and Gramercy Tavern, has said that some of his restaurants probably won’t open until there’s a coronavirus vaccine.