Proptech Data Firms Race To Scale Up Amid Tech Turmoil, Looming SEC Rule
Bisnow
A confluence of factors has supercharged interest in the technology of monitoring, tracking and reducing building emissions, especially the expansion of ESG investment.
Top Headlines
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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1 big thing: Skyrocketing wildfire risks in US
Axios
New research shows climate change will cause a steep increase in the exposure of U.S. properties to wildfire risks during the next 30 years, doubling the risk level in many areas, Andrew writes.
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Handicapping the Metaverse Race
GlobeSt
Whether it’s multifamily companies tailoring apartment pitches to younger clientele or whether a new medium might offer benefits to commercial real estate professionals, the metaverse has become a serious business topic.
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Surge In Wireless Data Could Shift Key Connectivity Points, Redrawing The U.S. Data Center Map
Bisnow
The interconnection of telecommunication cables has long been a foundational consideration when it comes to where data centers are built, but the emergence of 5G and a surge in the volume of wireless data are driving a shift in where those interconnection points need to be, changes that may redraw the data center map. …
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At Tech Companies, the Rebellion Against the Return to the Office Is Getting Serious
The Wall Street Journal
Some of the economy’s most in-demand employees are about to find out how much power they have over where and how they work.
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Tiger Global, hit by $17B in hedge fund losses, has nearly depleted its latest VC fund
TechCrunch
According to a new report from Financial Times, the low-flying-yet-seemingly-ubiquitous 21-year-old outfit has seen losses of about $17 billion during this year’s tech stock sell-off. FT notes that’s one of the biggest dollar declines for a hedge fund in history.
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1 big thing: SoftBank’s VC pullback
Axios
The link between the meltdown in public markets, and how traditional venture capital will behave in the coming quarters as a result, is still a bit murky. Yet for SoftBank, it’s anything but: Its Vision Fund is already pulling back.
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Landsec launches regen business as U+I’s Upton steps down
Place North West
Mike Hood will become chief executive of Landsec’s regeneration division, leading on projects such as the £1.4bn Mayfield in Manchester.
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Future City: An Amazon for architects
TheRealDeal
Material Bank, a kind of Amazon for architects and designers, raised $175 million to expand its marketplace for paint, tile and other products used to put the finishing touches on projects.
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Housing bubble 2.0? Regional housing markets are beginning to look like they did in 2007
Fortune
When the U.S. housing bubble burst more than a decade ago, it brought the global economy to its knees. It turned out that the multiyear housing boom through the early 2000s was hiding skeletons. Homebuyers, driven by a fear of missing out on home price gains, were stretching themselves well beyond their financial means. And zealous lenders were giving out mortgages (or better put, subprime mortgages) to folks who historically wouldn’t have qualified. As that credit rushed in, it helped to drive …
