Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Wall Street Journal
WeWork has stopped paying rent at some U.S. locations, in the latest sign that the co-working company is aggressively trying to cut costs as the economic downturn eats into its revenue.
CREtech
In the midst of the recent pandemic and global economic crisis, real estate tech startups are faced with extraordinary financial and operational pressures. Hear from three of the most experienced business leaders from the worlds of banking, legal and accounting offering their insights on how startups can navigate these incredibly challenging times.
AP News
Sustainable Westchester, a nonprofit consortium of Westchester municipalities, has partnered with Logical Buildings to launch the first-of-its-kind GridRewards campaign.
The TED Interview
As COVID-19 continues to spread, the world is facing two existential threats at once: a public health emergency and an economic crisis. Political theorist Danielle Allen describes how we can ethically and democratically address both problems by scaling up “smart testing,” which would track positive cases with peer-to-peer software on people’s cell phones — so we can end the pandemic and get back to work. This virtual conversation is part of the TED Connects series, hosted by head of TED Chris A…
Bisnow
As workers across the country have retreated to their homes as a result of widespread lockdowns, the impact on electricity usage in offices is beginning to become clear. In the four weeks leading up to April 4, office building electricity consumption across the nation declined 22%, per data from commercial real estate software company Hatch Data.
Wall Street Journal
When the coronavirus started spreading in the U.S., office owners with long-term, stable leases hoped their buildings would become a haven for skittish investors.
Join Digital
As the world strives to contain the spread of the novel coronavirus, we are all working hard to keep our families and communities safe and healthy. Here at Join, we are focused on maintaining the wellbeing of our employees while ensuring we continue to deliver the same level of service our customers depend on.
Wall Street Journal
Two WeWork directors filed a lawsuit against SoftBank Group Corp. on behalf of the co-working company after the Japanese conglomerate backed away from a deal to buy up to $3 billion in WeWork’s shares.
Wall Street Journal
Airbnb Inc. agreed to pay its new investors interest at a rate of more than 10% and to strengthen its leadership, in return for the $1 billion in additional funding announced Monday, according to people familiar with the matter.
CREtech
Built world and real estate industry experts come together to share actionable advice on what the new normal might look like and how building owners/operators and Occupiers can prepare their buildings for a post-Covid compliant world. This two part series will focus in Part I on the Landlord perspective and in Part II the Occupier perspective.
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