Latest Trends and Insights in Real Estate Technology

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  • Second Avenue Lands ~$250 Million Investment from Monroe Capital

    Second Avenue

     — Single-Family Rental Investment Platform Expects to Deploy ~$1 billion annually —   Tampa, FL (April 28, 2022) – Second Avenue Group (‘Second Avenue’), a full-service, institutional quality single-family rental platform (“SFR”), announced today that Monroe Capital LLC, a leading private credit asset manager, has committed approximately $250 million to its investment platform through a mix of debt and equity capital. The commitment brings Second Avenue’s current capacity for ne…

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  • CREtech London | GPE boss calls for real estate skills reboot

    PlaceTech

    Skills that traditionally underpin real estate are no longer fit for purpose, Toby Courtauld, CEO of GPE said at the first session of CREtech London this morning. …

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  • Office leasing deals in the Twin Cities are picking back up, report says

    Biz Journals

    Office leasing activity rebounded to pre-pandemic levels in the first quarter this year, but the amount of space that tenants vacated was larger than the amount of space that tenants began occupying in the first quarter, according to a new report from JLL.

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  • Brimstone to Produce the World’s First Carbon-Negative Portland Cement

    Businesswire

    Brimstone makes Ordinary Portland Cement, chemically and physically identical to conventionally manufactured cement, but without releasing CO2. At scale, Brimstone’s breakthrough will produce cement at or below market prices, solving the problems of both emissions and scarcity of raw materials, and without increasing cost or risk for customers. At scale, Brimstone’s process will be able to supply organizations and governments that want to construct new buildings or replace aging infrastructure b…

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  • JLL invests in NZ’s Re-Leased cloud-based commercial property software

    RNZ

    JLL Spark led Re-Leased’s US$15 million funding round, which will support the company’s international expansion.

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  • Crypto boom opens door to a new class of landlords

    NBC News

    Nate Gipson got a notice back in February that one of his rental homes in Memphis, Tennessee, needed a new ceiling fan. As a landlord, he thought the request was reasonable enough.

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  • Fresh off $7M Series A raise, proptech company to expand in Seattle area

    Biz Journals

    LENX, the corporate venture arm of homebuilding giant Lennar, led the raise for HomePace, which says it allows people to “easily access their home equity without taking on additional debt or interest payments.” Homeowners can receive up to $250,000 in cash.

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  • Sumutasu secures $10M to digitize Japan’s real estate market

    TechCrunch

    Sumutasu, a Tokyo-based proptech startup that offers a direct online real estate purchase service, has secured $8.2 million in equity and $1.6 million in debt. The company has raised a total of $16 million since its 2018 inception.  …

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  • LoopNet Gets A New Boss From One Of CoStar’s Recent Acquisitions

    Bisnow

    LoopNet, the commercial real estate platform acquired by CoStar Group in 2013, which bills itself as the sector’s most trafficked online platform, has a new leader from another CoStar acquisition.

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  • Truly Terrible SPAC Performers Explore Lower Lows In 2022

    Crunchbase

    Reviewing aftermarket performance of venture-backed companies that went public via SPAC lately feels a lot like watching one of those documentaries exploring the Mariana Trench.

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