The Southwest Is America’s New Factory Hub. ‘Cranes Everywhere.’
Wall Street Journal
Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Wall Street Journal
Curbed
A few years ago, I had a pretty good scam going that got me a co-working space for a cut rate. I paid $35 a month for an app that gave me access to various co-working spaces that relied on an honor system for users logging their hours — sometimes I logged my hours accurately, sometimes I did not, and sometimes I “forgot” to log them altogether. In my defense, I was a struggling freelancer living paycheck to paycheck in New York, barely making rent, and it was difficult for me to see it as anythi…
Crunchbase
A hybrid workforce is typically described as having both in-house and remote talent. The assumption is that productivity and communication tools are the foundation of this new world of work, but connecting distributed teams and building collaborative thought requires a much deeper effort and understanding.
TechCrunch
Locus, a startup that uses AI to help businesses map out their logistics, said on Wednesday it has raised $50 million in a new financing round as it looks to expand its presence. The new round, a Series C, was led by Singapore’s sovereign wealth fund GIC. Qualcomm Ventures and existing investors Tiger Global Management and Falcon Edge also participated in the round, which brings the startup’s to-date raise to $79 million. The new round valued the startup, which was founded in India, at about $30…
Bloomberg
“As traditional commercial real estate investors that invested in multifamily as their key strategy have moved into single-family rental, we’re seeing the market flooded with institutional capital,” Brien said. He acknowledged that dynamic will make it more competitive for Mynd to find properties, but touted its data-driven technology as better enabling it to make offers across the U.S. …
A/O Proptech
June 3, 2021, TORONTO, ON — Today Adeptmind, a leading AI retail technology company creating advanced digital discovery solutions for retailers and shopping centres, announced a $6.2M USD Series A investment.
Bisnow
The rapid proliferation of special-purpose acquisition companies that began last year and peaked early this year seems to have tapered off, but billions of dollars worth of investment are still waiting for an acquisition….
GlobeSt
Musings over the “death of office” post-COVID-19 are likely overblown—at least according to a panel of experts convened by Trepp recently to discuss the sector’s path forward. Instead, office employment will likely pick up while office use moderates, achieving a balancing effect, said Glenn Mueller, a professor at the University of Denver. And what’s more, the sector experienced something of a “pendulum swing” over the course of the pandemic: prior to COVID, the industry had just seen inte…
CREtech+
How Technology is Changing the Multifamily Experience, Part 1// Jeff Kok, CIO at Mill Creek Residential highlights how technology advancements will change where people live and work, and how Mill Creek Residential is leveraging technology to enhance the tenant experience.
Wall Street Journal
Commercial real-estate advisory firm Newmark Group Inc. said it has named technology industry veteran Sridhar Potineni as its chief information officer with a mandate to streamline systems and develop new products and services.
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