Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
The Real Deal
Starting in August, the company will pilot its reopening plan in Phoenix with 150 employees, according to a blog post Thursday by Yelp’s chief people officer, Carolyn Patterson. “Coming into the office will be completely optional unless an employee’s role specifically requires it,” she wrote.
Magazine
During the Emerging Business & Technology Forum at the 2021 virtual REALTORS® Legislative Meetings Tuesday, three proptech founders shared how the technology they’re developing can help real estate professionals improve their business during this low-inventory market while also adapting to the post–COVID-19 world where virtual interaction has become the norm.
Bisnow
The quick turnaround in the city’s public health metrics means it is decision time for Chicago office users. The emptying out of the downtown over the past year, and the uncertainty over when the crisis would end, led many companies to put off signing new leases. But with the pace of vaccinations ramping up starting in February, plans to move or extend leases can now be dusted off. …
Yahoo Finance
PLANO, Texas, May 12, 2021 (GLOBE NEWSWIRE) — DZS (NASDAQ: DZSI), a global leader of packet-based mobile transport, broadband access, network orchestration and cloud-native automation solutions, today announced that QuadReal Property Group (QuadReal) has leveraged DZS FiberLAN technology as a cornerstone for the successful fiber-based digital transformation of its commercial properties across Canada. Supported by Canadian systems integrator and DZS Elite partner Andorix, QuadReal has broadly im…
Construction Dive
In a filing this week with the U.S. Securities and Exchange Commission, project management software provider Procore Technologies reported that it plans to offer 9.47 million shares at a per-share price of between $60 and $65 per share as part of its initial public offering, bringing in as much as $615.5 million. The company estimates a mid-range per share price of $62.50 and net proceeds of between $552.9 million and $608.5 million. At the high end of that range, the company would have a market…
Venture Beat
Optimal Dynamics, a New York-based startup applying AI to shipping logistics, today announced it has closed an $18.4 million round led by Bessemer Venture Partners. Optimal Dynamics says the funds will be used to more than triple its 25-person team and support engineering efforts, as well as bolstering sales and marketing departments.
Bisnow
There is 19.1M SF of available office space in London, according to first-quarter leasing data from Cushman & Wakefield, and 7M SF of that is controlled by tenants who are looking to shed some of their existing footprint. That is a rise of 9% on the previous quarter and means that tenant-controlled space now accounts for 37% of all space for rent. There were over 330 tenant-controlled spaces being marketed at the end of Q1, with 60 units being added since January, Cushman said….
The Real Deal
Imagine a world in which much-needed multifamily housing could be built in less time — and for less money. Or one in which owning a car wasn’t a requirement for living outside of transit-rich, densely populated neighborhoods. Or one in which your home could be assembled as a kit-of-parts. …
TechCrunch
With the pandemic finish line in sight — at least for some — now is a good time to start assessing which segments have been most impacted by the events of the past year and a half. In terms of robotics, investments have been all over the place — and for good reasons. COVID-19 seems destined to have a profound and lasting impact on work, and more than ever, robots and automation are going to play a part in that.
Fast Company
It was almost a decade ago now that I noticed a shift in what my psychotherapy patients, particularly those working in corporate jobs, wanted to discuss. They still mostly wanted to talk about subjects in my areas of expertise—love, intimacy, infidelity, and communication—but the context had expanded. Words such as trust, boundaries, and betrayal had long been reserved for sessions about a patient’s relationship to self, spouse, family, or friend. …
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