Managing real estate’s $16 trillion environmental risk
Medium
Real estate investors and developers are making short-, medium- and long-term choices that are locking in environmental footprints well beyond 2050.
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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Recognizing Early-Stage Value, Part 3
CREtech
Chirag Chotalia, Parter at Threshold, discusses the future of the office and the types of technologies that will be needed to power that change.
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PropTech Shows Its Strength With Rise Of Another Unicorn In Digital Marketplace Lessen
Forbes
The home services marketplace Lessen, which is geared towards facilitating the logistics for every stage of home services and repair for both residents and service professionals, announced today their close of a Series B raise bringing the company’s valuation to over $1 billion. This latest raise, of $170 million, was led by Fifth Wall with participation from Khosla Ventures, General Catalyst and Navitas Capital. Lessen closed a Series A round less than six months ago with the same group of inve…
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Better.com gets $750M cash infusion in new agreement with its SPAC backers
TechCrunch
Digital mortgage lender Better.com, which announced in May that it was going public via a SPAC, is getting a cash infusion from its backers sooner than expected. Blank-check company Aurora Acquisition Corp. and SoftBank have decided to amend the terms of their financing agreement to provide Better with half of the $1.5 billion they committed immediately instead of waiting till the deal closes….
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Pessimists were wrong: A great NYC office exodus didn’t happen
New York Post
The city’s office market is wearing a smaller shoe size due to the pandemic — but the footprint shrank by much less than was feared.
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Why green rooftops are sprouting around the world
JLL
Roofs are increasingly becoming green spaces as part of a drive towards cleaner cities
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Metaverse Real Estate Piles Up Record Sales in Sandbox and Other Virtual Realms
Wall Street Journal
The latest hot real-estate market isn’t on the scenic coasts or in balmy Sunbelt cities. It’s in the metaverse, where gamers are flocking and digital property sales are setting new records.
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Sapphire Ventures Extends Fundraising Streak With New $2 Billion Haul
Wall Street Journal
Growth investor Sapphire Ventures has rounded up $2 billion to back promising technology companies, as money continues to flow into the sector. The Palo Alto, Calif.-based firm, which backs digital businesses such as recruiting systems and services provider Gem Software Inc., has closed its latest pair of funds less than a year after raising $1.7 billion for vehicles primarily focused on enterprise software businesses.
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Connected Solutions: How PropTech Will Drive Commercial Real Estate Leasing
GlobeSt
Commercial real estate is seeing the benefits of including tech into many processes, but there’s one place that it has some catching up to do: listings. While many owners now post their available space over the internet, according to Turner Levison, senior account executive with Yardi, the process is often fragmented, requires duplicative data entry and potentially misses out on the true efficiency and bottom line benefits of online listings. “Owners can create a central repository for proper…
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Staying Ahead of Customer Needs, Part 3
CREtech
Jeremy Neuer of CBRE discusses key mistakes technology companies are making, and how the market is driving innovation and new technology at an unprecedented pace.
