PGIM Real Estate hires Sara Shank as global head of innovation

April 29, 2020 – PGIM Real Estate has hired Sara Shank as managing director and global head of innovation, based in its Manhattan office. Shank will lead the firm’s effort to advance investment decision-making and business operations around the world by harnessing data and technology in new ways. PGIM Real Estate is the real estate investment and financing business of PGIM, the $1.3 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU). In this newly created…

Lots of Pain, Some Gain

There was a time before COVID-19 and there will be a time after the virus. But the transition time between the two eras is proving abrupt, dramatic and painful. For some of the PropTech world, this means money, customers and demand have dried up. For others, this is shaping up to be a period of tremendous growth.

A Look Inside The Most Sustainable Building In London

Amsterdam-based Edge Technologies is renowned as one of the world’s most innovative developers: Its schemes in the Netherlands, Germany and the U.S. have pulled in investors and occupiers drawn to the way Edge uses cutting edge tech to produce the most sustainable new buildings around.

Two Big New York City Landlords Highlight Rent-Collection Woes

New York City’s office landlords are struggling with rent defaults, a wafer-thin sales market and the evaporation of financing in the state hardest-hit by the Covid-19 pandemic.

Welcoming Clelia Warburg Peters To Our Proptech Practice

At Bain Capital Ventures, we strive to become domain experts in our chosen verticals. We want founders to choose us because of our familiarity with and fluency in their markets. In turn, we seek out founders and partners who are deeply knowledgeable about their respective industries and whose unique insights serve as a competitive advantage.

“The biggest obstacle to addressing sustainability is the economic growth mindset”

We spoke to FUTURE PropTech speaker, Menno Lammers, to get his insights on Sustainability and the future of proptech beyond the current challenges of Coronavirus.

Biggest Mall Operator in U.S. Plans to Reopen 49 of Them

Simon Property Group, the biggest operator of malls in the United States, has come up with a game plan for reopening 49 shopping centers across 10 states starting on Friday.

Barrack Says Real Estate in ‘Chaos’ as Laws Waived on Rent, Debt

Smart ring maker Motiv acquired by ‘digital identity’ company

We weren’t alone in being impressed by Motiv. The startup helped flip the script on wearables by essentially cramming a fitness tracker’s worth of technology into a ring. This week, San Francisco “digital identity” startup Proxy announced that it’s acquiring the company.

Time for PropTech Companies To Democratize Data

Jones was born in New York City (on Great Jones Street). We’re proud to call it our home. Sadly, NYC is struggling. Our city is battling a health crisis that is simply unprecedented. Today, we are announcing an initiative that aims to help property owners and managers to keep their buildings safe and clean from Covid-19.