Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
The Real Deal
Zillow co-founder Spencer Rascoff, who raised $350 million for his first blank-check firm this fall, has just launched a second SPAC, according to a regulatory filing Wednesday. Dubbed Supernova Partners Acquisition Company II, the SPAC is looking to raise $250 million to invest in the “broader technology sector,” the filing shows. It is targeting companies valued between $1 billion and $5 billion. …
CREtech
Join us for a discussion looking back at 2020, exploring the lasting impacts that we will see in 2021, and the trends that are emerging. CEO of CREtech, Michael Beckerman is pleased to have Chase Garbarino, the co-founder, and CEO of HqO, a leading tenant experience software platform for commercial real estate, join him for this important conversation. HqO just released an extensive report on the State of the Tenant Experience and Chase will cover some of the surprising finds.
The Real Deal
The flex-office provider told The Real Deal that it has signed a management agreement with the owner of the former Courtyard by Marriott at 8 Herald Square, which is at the corner of West 35th Street and Sixth Avenue.
Lobby CRE
CHARLOTTE, N.C., February 9, 2021 — Lobby CRE, the portfolio management software that powers the top real estate firms (a Thirty Capital company), and the Institute of Real Estate Management (IREM), the international institute for property and asset managers, have established a partnership to deliver a brand new interactive income and expense benchmarking to members. “I am pleased to announce this new partnership between IREM and Lobby CRE,” said Robert J. Finlay, CPM®, founder and owner of …
Medium – Fifth Wall Insights
Today, we closed the Initial Public Offering (IPO) of Fifth Wall Acquisition Corp. I, the first Special Purpose Acquisition Company (SPAC) sponsored by affiliates of Fifth Wall, for $345 million. The SPAC now trades on Nasdaq as “FWAA”. Given the extraordinarily high public market demand for the SPAC, we decided to increase the offering from the originally contemplated $287.5 million to $345 million. FWAA’s IPO was among a limited number of SPAC IPOs to not include warrant coverage alongside its…
TechCrunch
Once upon a time, the idea of 3D-printed homes felt like a thing of the future. But as housing gets less and less affordable — especially in ultra-expensive markets such as the Bay Area — companies are getting creative in their quest to build more affordable homes using technology.
Wall Street Journal
The pandemic is compelling a number of co-working firms to discard original business models, or accelerate the adoption of a new one, with the broader office market under threat.
Business Green
For a succinct indication of the direction financial markets are headed in the 2020s and beyond, look no further than the above sentence. Not so much for the words themselves, which few would argue offer a breathtakingly original insight in 2021, but because of the person who wrote them: Larry Fink.
Fast Company
Within eyesight of drivers on I-5 in Federal Way, Washington, a celebrated exemplar of modernist landscape architecture and building design peeks out from a forest of evergreens. Like a skyscraper turned on its side, the building appears to be a low concrete bridge stretching across the landscape. The long horizontal tiers of its five floors are draped in ivy and overlook a pond and a meadow. It’s surrounded by lush gardens of wildflowers, and threaded through with walking trails that disappea…
ESG Today
Leading building materials company LafargeHolcim and energy services company Schlumberger’s low-carbon technologies business Schlumberger New Energy announced today a new partnership aimed at exploring the development of Carbon Capture and Storage (CCS) solutions.
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