Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Bloomberg
Add this to your already long list of 2020 oddities: Greenhouse gas emissions are projected to experience their steepest drop in modern history while the world remains on track to mark its second-hottest, if not hottest, year.
Wall Street Journal
One of Wall Street’s biggest employers is calling its trading staff back to the office. JPMorgan Chase JPM +0.77% & Co. executives told senior employees of the bank’s giant sales and trading operation that they and their teams must return to the office by Sept. 21, according to people familiar with the matter….
AXIOS
Uber is immediately expanding its “Green” program to new cities and setting a longer-term target of having fully electric cars account for 100% of rides on its platform in the U.S., Canadian and European cities by 2030. Why it matters: Those plans — and other new climate pledges Uber unveiled Tuesday — come as ride-hailing firms face growing scrutiny over their carbon emissions amid evidence they’re cannibalizing public transit and increasing congestion….
Michael Beckerman
As with everything in my life, I am a slow learner (just ask my wife:). And yet, I do consider myself an infinite learner in that I am constantly trying to push my own boundaries as it relates to knowledge, discovery and passions to pursue. Both personally and professionally. And so it was no surprise to me that it took 56 friggin years to finally embrace the fact that one of my personal passions was not being reflected in my professional life. You see, I am a “tree hugger” in every sense of …
TechCrunch
Orchard, the tech-forward residential real estate platform, has today announced the close of a $69 million Series C funding led by Revolution Growth. Existing investors FirstMark Capital, Navitas, Accomplice and Juxtapose also participated in the round, which brings the company’s total funding to $138 million.
Bisnow
Amid the slower-than-expected return to work, one major U.S. office landlord is rolling out a new technology platform across its portfolio that it believes will help tenants bring employees back. So far it has done more than that — it has convinced some to expand their leases.
The Real Deal
James, a former vice president at Realtor.com where she managed the site’s New York City market strategy for five years, was also part of Trulia’s founding team. She replaces REBNY’s former RLS chief, John Canniffe, who departed last month after a one-year stint.
LPC Ventures
The world stooped into convenience mode in 2020 and food delivery was the beneficiary. Takeout and delivery as a percentage of restaurant sales has skyrocketed as a result of COVID-19 and that trend continues to grow. COVID catalyzed the trend to the point that since February, 43% of total sales volume for restaurants was through online ordering. How did people receive these orders though? Did they meet the driver for an awkward hand-off? Did the driver leave it outside their door? Did they come…
Suffolk
Suffolk Capital–Technology announces inaugural four-week program to help tech startups solve industry challenges, expand networks and showcase solutions BOSTON, MA, September 9, 2020 — Suffolk Capital-Technology (“Suffolk Tech”), the technology investment arm of innovative construction enterprise Suffolk, announced the launch of its “Boost” program for startups in the built environment. Boost is an intense four-week mini-accelerator program that will bring together promising technology…
Microsoft
Today, Microsoft is joining Allianz, Amazon and S&P Global in announcing plans to launch the Climate Finance Foundation, a new initiative led by the Linux Foundation to build the OS-Climate Platform. This initiative leverages open-source analytics and open data to empower the investment community, as well as NGOs, academia and others, to help better model companies’ exposure to climate change. Microsoft is committing to sharing its significant and relevant sustainability data to advance the …
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