Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Bloomberg
Buildings with the highest U.K. performance ratings are using far more energy than those with the lowest ratings, according to recent data. It’s a disparity that shows the limitations of current green building standards.
Madame Architect
Annie Koo is the Innovation Lead at Catalyst Housing Group, where she is focused on scaling Catalyst’s essential housing platform across the full spectrum of housing affordability, from homelessness to homeownership. Prior to Catalyst, Annie was the Director of Housing at Sidewalk Labs, the former urban innovation arm of Alphabet, where she oversaw residential program and product development. While at McKinsey from 2014 to 2018, she served public finance and housing institutions on strategy and…
Wall Street Journal
Investors set a record for U.S. commercial-property sales last year, betting that the pandemic is reordering how Americans live, work and play. Real-estate buyers loaded up on warehouses, which serve as fulfillment centers for the e-commerce boom. They bought apartment buildings to capitalize on record high rents. They paid up for resorts and vacation-oriented hotels that benefited from the resurgence in travel to leisure destinations.
Wall Street Journal
Workers, flush with power as employers raise wages and scramble to fill open jobs, say they care even more about flexible schedules than whether or not they go into an office. Ninety-five percent of people surveyed want flexible hours, compared with 78% of workers who want location flexibility, according to a new report from Future Forum, a consortium focused on reimagining the future of work led by Slack Technologies Inc….
Bisnow
After a meteoric rise, a failed initial public offering, years of downsizing, a C-suite shakeup and finally a merger with a blank check company, the biggest name in coworking is back in acquisition mode. WeWork has inked a deal to buy Dallas-based flexible workspace provider Common Desk….
Bitcoin Magazine
Real estate fintech Milo will launch the first U.S. bitcoin mortgage offering, enabling customers to leverage their BTC holdings to purchase properties in the country, the company said in a statement Tuesday. Instead of selling bitcoin for a down payment to qualify for a mortgage, Milo now lets Americans and foreigners use their bitcoin stack as collateral for purchasing real estate in the U.S….
Bisnow
Commercial real estate broker and developer Jay Gaudet’s biggest recent career breakthrough came from watching his daughter play Roblox. When she asked him for money to buy a virtual house on the popular global gaming platform earlier this year, it sent him down a research rabbit hole.
Placetech
Propster, the digital customer platform that enables buyers and tenants to view and choose fit-out options virtually, has announced a key partnership with specialist furnishing services provider David Phillips.
CREtech
James Shannon, Chief Product & Technology Officer of essensys, discusses how the needs have changed for occupiers of flexible workspace, and what types of portfolio-wide technology landlords should consider in order to stay competitive.
Crunchbase News
Last year broke real estate tech records with nearly $21 billion in global proptech venture capital investments as technology innovations continued to disrupt conventional real estate asset classes. This is only the start: Proptech represents a fraction of the United States’ multitrillion-dollar real estate industry and the built world is poised for tremendous transformation throughout the decade.
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