Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
The Wall Street Journal
Companies are wary of reopening offices due to the risk of exposing employees to Covid-19. They are also worried about their own legal exposure should staff get sick.
The Real Deal
RXR Realty is planning to raise $1 billion to invest in sectors the firm thinks will thrive after taking a hit from the pandemic. The firm is talking to potential investors about its RXR Real Estate Market Dislocation & Mega-Trends Fund, Bloomberg News reported.
Bisnow
With cloud technology advancing at a brisk clip, artificial intelligence has become something of a double-edged sword for data centers. Advanced algorithms are placing new demands on servers, requiring heightened power, space and cooling in data centers.
The New York Times
L. Rafael Reif, the president of Massachusetts Institute of Technology, delivered an intellectual call to arms to the university’s faculty in November 2017: Help generate insights into how advancing technology has changed and will change the work force, and what policies would create opportunity for more Americans in the digital economy.
CREtech
Catch up on this week’s webinar on how real estate companies are adopting and building innovation cultures within their organizations, from hiring and training to implementation tactics.
Shadow Ventures
It’s needless to say there are few markets in the world that have faced as much upheaval from the COVID-19 virus as real estate. Thinking in first principles about what real estate actually is, merely the land, infrastructure, buildings, homes, and city centers humans inhabit to live, work, play, sleep (and store value), is helpful as a perspective reminder of just how severe the shakeup has been.
The Real Deal
Funnel, a startup that helps landlords manage their rental portfolios, has raised $14.1 million to meet a surge in demand for online leasing tools.
The New York Times
Real estate transactions have gone largely digital as the pandemic has disrupted nearly every aspect of home buying, from house hunting to securing a mortgage, getting an appraisal, notarizing documents and signing the final closing documents.
CTech by Calcalist
Envoy, a startup founded by Israeli Ori Sagie which provides electric vehicles and charging stations for apartment buildings and communities in the U.S., has announced the completion of an $81 million investment round.
HousingWire
Year to year, the evolution of computer technology can be staggering. In most cases, the advancements cause disruption— and opportunity—in every industry. In real estate, one such disruption is caused by drones, which have become an extremely effective tool for mapping and marketing property.
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