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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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A Real Estate Nightmare on Foxhall Road
Washingtonian
Two houses in DC’s Palisades were “built to perfection,” according to their developer: Steve Salis, owner of Ted’s Bulletin and Kramers. But the homeowners allege they were defrauded into buying $1.8 million lemons.
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SoftBank-Backed Sandbox Said to Seek Funds at $4 Billion Value
Bloomberg
The Sandbox, a platform that allows users to trade and monetize virtual assets in the Ethereum blockchain, is considering raising fresh funds at a valuation of more than $4 billion, according to people familiar with the matter.
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Tulu makes the sharing economy extremely local (to just your apartment building)
TechCrunch
If sharing is caring, Tulu has a giant rack of care for you. The company takes the sharing economy to its next logical stop along its journey toward “who even owns stuff anymore?”, giving 50,000 people across a handful of countries access to items that make apartment and dorm living just that little bit more convenient. After all, how many people in a building need to own a drill, a printer and a vacuum cleaner, anyway? …
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CASE STUDY | SOM unveils ‘Chicago’s smartest building’
PlaceTech
Skidmore, Owings & Merrill, QuadReal and Thor Equities have completed 800 Fulton Market, in one of Chicago’s fastest growing neighborhoods, the Fulton Market District.
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Wheelhouse spins out of Lyric in the flex rental market
TechCrunch
In mid-2020, short-term rental startup Lyric Hospitality shuttered most of its locations in what was widely viewed as another pandemic casualty.
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Better.com Cuts More Jobs in New Round of Layoffs
WSJ
Better.com is cutting more jobs on Tuesday, the online mortgage lender’s third round of layoffs since December and its first cuts since offering voluntary buyouts to some employees nearly two weeks ago.
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WeWork + Yardi to create next gen workplace software
PlaceTech
The global flexible space provider is partnering with Yardi, the leading provider of real estate software, to accelerate speed to market and deliver more enhanced capabilities to the already announced WeWork Workplace product.
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What Office Landlords Spend on Amenities to Draw Tenants
Commercial Observer
Landlords and employers are spending more money to draw staffers from their home hidey-holes — as those same workers are questioning the need for a company office altogether.
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Serendipity Labs Spins Off WorkplaceCloud™ Flexible Office Operating Platform as Proptech Subsidiary
PR Newswire
Serendipity Labs Inc. has announced formation of a new wholly owned subsidiary, WorkplaceCloud LLC, that licenses its flexible office management services technology platform to landlords. WorkplaceCloud offers comprehensive end-to-end capabilities allowing asset owners to manage their own white label or private label flexible office and tenant amenity offerings.
