Chicago mayor announces plans for a green recovery

Lori Lightfoot is advancing four strategies that aim to help Chicago achieve its 2025 and 2035 clean energy targets as well as maximise local benefits to communities.

CoStar profits rebound with $74M in net income

CoStar’s profit machine is back in action. After four consecutive quarters in which its profits dropped, the real estate data giant said it generated $74 million in first-quarter net income. The firm’s profits are up from $36 million during the fourth quarter of 2020 and relatively flat year-over-year.

You Can’t Manage What You Can’t Measure Trailer

Jit Kee Chin, Chief Data & Innovation Officer at Suffolk Construction sheds light on the importance of data in the technological evolution of the construction industry, and how she takes innovative ideas and turns them into world-wide solutions.

In Case You Missed It! Check out a tech demo by Sine from our CREtechU Virtual Summit

Sine is a Honeywell company trusted by thousands of to enhance safety, security and compliance for visitors, staff and contractors.

Healthy Buildings Are Not What You Think, But Matter Now More Than Ever

Whether the public realizes it or not, the buildings they work in are probably unhealthy — an unsettling reality that is as true today as it was before the coronavirus pandemic.

That’s because defining what makes a building “healthy” or less than that ideal is complicated, especially now as building owners desperately search for ways to convince tenants and their employees that it is safe to come back to the office.

Compass buys Glide, RE transaction management platform

Compass is getting its latest tech fix. Just a few weeks after going public, the brokerage announced that it would acquire San Francisco-based Glide Labs, a real estate transaction management platform. More than 60,000 industry professionals in California, including Compass agents, already use the platform, which streamlines transaction management, digital disclosures, eSignatures and other forms agents typically need during home purchases….

Location data analytics startup Placer.ai raises $50M Series B

It’s been a very tough year for Placer.ai’s core customer segments of retail and commercial real estate, to put it mildly. But the foot traffic and location analytics startup saw growth in new categories, including consumer packaged goods (CPG) and hedge funds that use its tech to perform due diligence. The Los Altos, California-based company announced today that it has raised a $50 million Series B led by Josh Buckley, the chief executive officer of Product Hunt. Participants included Fifth Wal…

StartmeupHK Festival shines spotlight on smart cities, PropTech

Smart cities and innovations in PropTech are among the key areas to take the spotlight  next month as Hong Kong sets to host the annual StartmeupHK Festival from May 24 to May 28 in a virtual format for the second consecutive year.

ESG-Linked CRE Financing Is Profitable PR, Say Experts

Over the last month, a run of REITs—including Duke Realty, American Homes 4 Rent, Kilroy Realty and Hannon Armstrong Sustainable Infrastructure Capital—have inked sustainability-linked financing deals….

Apple to build first East Coast campus in N.C., will spend $430b over 5 years nationally

Apple aims to spend more than $430 billion across the U.S. over the next five years through building new campuses, investing in data centers and 5G and funding Apple TV+ productions….