1 big thing: BlackRock beefs up its climate modeling
Axios
BlackRock, the world’s largest asset manager, said Thursday it’s acquiring a London-based consulting firm’s climate modeling system, Andrew writes.
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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CRE Simple’s deal-making tech platform acquired by Arizona broker in bankruptcy auction
The Business Journal
The core technology behind CRE Simple Inc., a venture-backed Oakland real estate technology startup that filed for Chapter 7 earlier this year, has a new owner. Habanero CRE Simple LLC, an entity formed in Arizona, purchased the proprietary source code for CRE Simple’s deal-managing platform for $121,000 at a bankruptcy auction earlier this month. The sale closed June 7, according to records from the U.S. Bankruptcy Court for the Northern District of California….
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Trinity Closes Oversubscribed Hospitality Fund
GlobeSt
“Closing our inaugural US discretionary commingled fund represents an important milestone for Trinity as it continues our evolution from a deal-by-deal investor to a global fund manager,” said Sean Hehir, managing partner, president, and CEO of Trinity, in a prepared statement.
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The Collective Could Be Sold As Co-Living M&A Heats Up
Bisnow
Co-living developer and manager The Collective has appointed bankers to review options for the company, including a potential sale, as M&A in a sector hit by the coronavirus pandemic starts to heat up.
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UtilizeCore Raises $5.3 Million To Transform Service Management
Yahoo Finance
NEW YORK, Jun 15, 2021–(BUSINESS WIRE)–UtilizeCore, the first end-to-end automated platform to efficiently power service management, today announced the company has raised $5.3 million. This round was led by boldstart ventures with participation from S12F, Mantis VC and other strategic investors. UtilizeCore helps service management companies seamlessly manage all work streams through a single, consolidated platform….
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Rich Boyle: Laying it all out with Dusty Robotics
Canaan
Until recently, it was rare to see robots at construction sites. They’re complex environments to navigate, busy with workers, inherently unstructured and constantly changing. While most buildings are now designed digitally (usually in 3D building information modeling or BIM such as RevIT), actually constructing the physical structure requires translating that digital design to the real world. A key part of this interface between the digital design and physical building process is called “layout”…
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Flex work goes global: Upflex brings its hybrid workplace solutions to India
PRNewswire
Upflex, the flexible workspace booking platform, has launched in India, thanks to an agreement with ANAROCK, India’s leading independent real estate services firm.
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CREtech Announces Media Relations Partnership With Top Communications Firm Marino for New York Conference on October 13-14
CRETECH
CREtech Selects Marino as Official Media Relations Partner for Flagship New York Conference New York, NY (June 17, 2021) — CREtech, the world’s leading community of professionals devoted to technological innovation in the real estate sector, announced today that Marino has joined as CREtech’s official Media Relations Partner for its flagship CREtech New York Conference. The upcoming event in New York will take place at Pier 36 in Manhattan and is expected to attract over 1,0…
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WATCH NOW! CRE’s 2021 Twin Challenge: The Return to Work & Path to Net-Zero
CREtech+
As COVID restrictions lessen, office spaces are competing to welcome back tenants. While the debate about what the “new normal” of work will look like continues to be discussed, one thing is clear: tenants and their employees are still concerned about their safety in the office. They now require transparency about the measures taken to ensure their safety to feel comfortable enough to come back. CRE will need to re-evaluate tried and true re-occupancy strategies. Yet, CRE will need to balance in…
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NEW! An Innovation State of Mind, Part 3
CREtech+
Paige Pitcher, Director of Innovation at Hines talks through the market forces she pays closest attention to when creating her technology and innovation strategies, and what she’s most excited about for the future of real estate tech.
