No-Touch Payments Skyrocket Because No One Wants to Handle Cash
Bloomberg
As more people worry about catching coronavirus from touching cash and credit-card terminals, a onetime niche technology is roaring into the mainstream.
Latest Trends and Insights in Real Estate Technology
Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
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Multifamily Buildings Adopt Contactless Customer Service Amid the Coronavirus
GlobeSt
The coronavirus has changed all aspects of everyday life and condo and co-op owners have not been immune. Staff aren’t showing up for their shifts, package deliveries aren’t being made—one landlord commented that his building cannot even receive mail, a big issue for tenants.
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VIDEO: Fly on the Wall Ep. 1 – Brett White, Executive Chairman and CEO, Cushman and Wakefield
Fifth Wall
In the first episode of Fly on the Wall, listen-in on a Zoom conference call between Brendan Wallace, Co-founder & Managing Partner, Fifth Wall and Brett White, Executive Chairman & CEO, Cushman & Wakefield, for a candid discussion about COVID-19 and its effects on the imperative of technology adoption in the global real estate industry.
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India’s NoBroker raises an additional $30M from General Atlantic
TechCrunch
NoBroker, a Bangalore-based startup that helps those looking to rent or buy an apartment connect directly with property owners, has extended its previous financing round to add $30 million to it.
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Cherre and Spatial.ai Announce Partnership to Integrate Geosocial Data Into Real Estate Data Platform
Benzinga
Cherre, the NYC-based real estate data and analytics platform, today announced a new partnership with Spatial.ai, creators of the world’s first human-driven location dataset built by categorizing billions of conversations from social networks into actionable consumer segments. In this new partnership, Cherre will add Spatial’s Geosocial data into their platform, providing mutual customers with turnkey access to 72 “social segments” to incorporate into real estate decision making….
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Seeking New Businesses and Better Lives, Investors on the Coasts Move Inland
The New York Times
Seeking New Businesses and Better Lives, Investors on the Coasts Move Inland. A wave of venture capitalists is heading to quieter, less-expensive locales, where they are helping fund start-ups.
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Opendoor Is Reportedly Laying Off 35% Of Its Staff
Inman
Approximately 600 employees being laid off will reportedly get 16 weeks of benefits coverage and eight weeks of severance pay, 3 sources said.
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View, the dynamic glass company that raised $1.1 billion from SoftBank in 2018, is laying people off
TechCrunch
View, a 13-year-old, Milpitas, Calif.-based company that makes dynamic glass designed to reduce heat and glare as well as lessen eyestrain, has cut an unknown number of employees, including at a plant in Olive Branch, Mississippi.
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Real Estate Startup Adds Former NYC Deputy Mayor to Its Board
Bloomberg
Lex Markets Corp., a startup that allows investors to make small bets on commercial real estate, has added two new board members. Alicia Glen, a former deputy mayor of New York, and Marty Edelman, an attorney at Paul Hastings, are joining the company as directors.
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CREtech And Lerner Associates Announce Joint Venture Focused On Mergers And Acquisitions In The Real Estate Tech Sector
CREtech
CREtech (cretech.com), the largest intelligence platform devoted to Reimagining Real Estate, has announced a Joint Venture with Lerner Associates, a specialist M&A firm in the sector. The venture will be focused on advising established real estate tech companies on acquisition and exit strategies, with full engagement and transaction execution.
