KC investors power $4.5M round for OP startup poised to ‘unlock billions’ for its customers
Startland News
Overland Park-based Realto has closed a $4.5 million funding round — thanks in large part to the backing of Kansas City-based investors.
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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Ex-BlackRock chairman joins Plentific board
PlaceTech
Jack Chandler, former chairman and head of global real estate at BlackRock, has joined the real estate maintenance startup’s advisory board amid an international expansion fuelled by last year’s $100m fundraise.
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FIRST ‘VIRTUAL HOTEL’ OPENS IN THE METAVERSE
Independent
The world’s first virtual hotel has opened within the Metaverse. M Social Decentraland – part of the Singapore-based Millennium Hotels brand – opened in Decentraland, a virtual reality platform, on 5 May.
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Brookfield Growth Backs Material Bank at $1.9 Billion Valuation
Bloomberg
An arm of Brookfield Asset Management Inc. led a $175 million equity funding round for Material Bank, Chief Executive Officer Adam Sandow said in an interview.
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The Trends & Tech Driving Hospitality White Paper
Property Inspect
Boost efficiency and save money with Property Inspect, an integrated inspection, operations and reporting software for hotels, restaurants, short-term rentals, boutique stays and more. Conduct periodic inspections, detailed building audits and risk assessments with Property Inspect’s award-winning app.
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SPIRE Innovation Summit (Virtual), May 20, 2022
Stanford Professionals in Real Estate (SPIRE)
As Stanford’s real estate focused alumni arm, SPIRE (Stanford Professionals in Real Estate) is calling together esteemed colleagues and those in technology, innovation, real estate and the broader built environment for the SPIRE Innovation Summit (SIS)! SIS will offer attendees a deep dive on climate change, balancing progress and gentrification, innovation applied to property investment, a pitch contest and a fireside chat with Zillow Co-Founder and CEO Rich Barton, along with several other dig…
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CREtech VIDEO | In conversation with Modulous
PlaceTech
Chris Bone, Modulous CEO, explains how the digital design and procurement platform for construction is growing rapidly as it scales its solution for building residential projects sustainably.
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First American unveils new brand for proptech VC
TheRealDeal
Proptech is hot, drawing a record $4 billion in investments during the first quarter of this year. First American Financial Corp. is adding to the trend, branding its venture capital division as Parker89 in a bid to raise its profile in the proptech sector.
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Cross River and Bridgeton Capital Partner for Tech-Driven Commercial Real Estate Lending Platform
Business Wire
Cross River Bank (Cross River), a technology infrastructure provider that offers embedded financial solutions, today announced that its Commercial Real Estate (CRE) team has partnered with Erithmitic d/b/a Bridgeton Capital, a tech-enabled and data driven commercial real estate lending platform, for an end-to-end CRE marketplace for the sourcing, originating and risk allocating of CRE loans nationwide.
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Crashing the party: New SPAC rules could slash proptech deals
TheRealDeal
Taking a proptech firm public will never again be so easy — if regulators have their way. Many feel it would be good if they did.
