Latest Trends and Insights in Real Estate Technology

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  • Fortera Secures $85M to Scale Innovative Low-Carbon Cement Production Technology

    CREtech

    Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin.  Fortera, an advanced materials manufacturer, has raised $85 million in Series C funding to accelerate the global deployment of its low-carbon cement technology, ReCarb®. This innovative process captures CO2 emissions from existing cement production and converts them into low-carbon cement, offering a scalable and cost-effective solution f…

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  • North American Data Center Construction Surges 70% Amid AI and Cloud Expansion, CBRE Report Finds

    CREtech

    Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin.  Data center construction in North America’s top markets has soared by 70% year-over-year, reaching a record 3.9 gigawatts, according to a CBRE Group report. The surge is driven by the growing power demands of AI and cloud computing, with more than 500 megawatts of new data centers added in the first half of 2024. This expansion has pushed…

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  • Former Goldman Sachs Exec Aims to “Massively” Scale Climate-Proof Real Estate Venture with Steyer

    CREtech

    Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin.  Joseph Sumberg, a former managing director at Goldman Sachs, is betting big on the impact of climate change on the real estate market. Partnering with billionaire investor Tom Steyer, Sumberg leads the real estate division of Galvanize Climate Solutions, focusing on acquiring and climate-proofing properties. He views this as the “biggest …

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  • Facebook Taps into Innovative Geothermal Technology to Power Data Centers, Reports The New York Times

    CREtech

    Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin.  Facebook is exploring a new type of geothermal energy to power its data centers, according to a report by The New York Times. This move highlights the tech giant’s commitment to clean energy as it seeks sustainable solutions to meet its growing energy demands. The innovative geothermal technology could provide a consistent and renewable power…

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  • Accelerating Net-Zero: Schneider Electric to Unveil Technology-First Decarbonization Strategies at CREtech New York 2024

    CREtech

    New York City, NY – August 27, 2024 – CREtech New York, the leading real estate innovation conference in the United States, is excited to announce a solo presentation by Manish Kumar, Executive Vice President of Digital Energy at Schneider Electric. This compelling session, titled “The Path to Net-Zero Buildings with a Technology-First Approach,” will take place at the upcoming CREtech New York event on November 13-14, 2024, at the Javits Center. Buildings account for 37% of global CO2 emissi…

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  • AI’s Dual Impact: Office Leasing Agents Anticipate Shifts in Occupier Demand and Market Strategies

    CREtech

    Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin.  Real estate agents are closely examining how the rise of artificial intelligence (AI) will influence the office leasing market. They are considering AI’s potential to reshape occupier demand as businesses increasingly adopt AI technologies, which could alter space requirements and usage patterns. Additionally, agents are exploring how AI coul…

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  • Sonder Secures Marriott Licensing Deal and $126M in New Financing

    CREtech

    Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin.  Sonder Holdings has struck a licensing agreement with Marriott to integrate 9,000 of its units into the Marriott Bonvoy brand, allowing bookings under “Sonder by Marriott Bonvoy” on Marriott’s platforms. This partnership expands Marriott’s long-stay offerings in key global markets. Additionally, Sonder announced it has secured $43 million in pref…

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  • Has flexible working scuppered corporate success?

    Well-Placed with Emily Wright

    Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin.  Google’s former CEO has blamed working from home for the company’s AI struggles. Does he have a point? And how are a new generation of spaces luring, rather than forcing, people back to the workplace? Eric Schmidt has well and truly set the cat amongst the pigeons. Last week, the former Google CEO cited flexible working as the reason behind the search en…

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  • Harlem’s Sendero Verde: A National Model for Affordable, Energy-Efficient Housing

    CREtech

    Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin.  The Sendero Verde development in East Harlem is now the largest certified Passive House building in the U.S., showcasing how affordable housing can also lead the way in energy efficiency. With 709 units, this complex significantly reduces energy consumption through advanced insulation, sealing, and ventilation, offering residents like Phoebe Sald…

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  • The Anti-Adam Neumann of Co-Working: Jamie Hodari’s Steady Approach Sets New Industry Standard

    CREtech

    Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin.  Industrious CEO Jamie Hodari has carved a unique path in the co-working industry, contrasting sharply with WeWork’s Adam Neumann. While Neumann was known for his bold, high-risk strategies that briefly made WeWork a $47 billion company, Hodari has taken a more measured approach. Industrious operates on a management-agreement model, sharing profits wi…

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