Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
AXIOS
Testing buildings — not just people — could be an important way to stop the spread of the coronavirus. Why it matters: People won’t feel safe returning to schools, offices, bars and restaurants unless they can be assured they won’t be infected by coronavirus particles lingering in the air — or being pumped through the buildings’ air ducts. One day, even office furniture lined with plants could be used to clean air in cubicles.
Venture Beat
Canadian construction software company Bridgit today announced the close of a $7 million funding round led by Autodesk with participation from Salesforce Ventures, StandUp Ventures, Sands Capital, and Export Development Canada (EDC). Bridgit was founded in 2013 by CEO Mallorie Brodie and COO Lauren Lake and integrates the data contractors and construction site managers need to understand current demand and plan for the future.
Medium – Lindsay Baker
As we approach the 2020 election season, I’ve been spending time looking through the many Green Stimulus proposals, Climate Action Plans and other documents floating around to set visions and action plans for future administrations, especially in the light of the economic crisis of the pandemic. In a series of posts, I’m going to share my observations and critiques of these documents, from the perspective of a building professional who works on climate. I hope they are helpful broadly.
Real Estate NJ
Onyx Equities is set to reopen its office buildings this week after developing guidelines in consultation with health care, environmental and design experts. John Saraceno, a managing principal with the company, said Onyx has been operating its office buildings for essential businesses under social distancing restrictions. Yet he said there is “a growing urgency among many tenants to return at scale” as the region moves forward after the COVID-19 outbreak.
The Real Deal
Industrious taps banker Osei Van Horne to round out its board. Flex-office startup Industrious is beefing up its board, the company’s latest step toward a potential public offering. The New York-based startup said it added Osei Van Horne, a managing director at Wells Fargo, as its first Black board member.
CREtech
Two of the world’s largest curated real estate news and research platforms today announced a joint venture to create a single portal for real estate professionals globally. The News Funnel (thenewsfunnel.com), the largest curated content platform in the U.S. commercial real estate industry, has joined forces with Infabode (infabode.com), the leading European based content platform, to provide a single destination for all news, press releases, research and related content covering the real estate…
Bisnow
At the turn of the year, taking over as chief executive of WeWork might have looked like drinking out of a poisoned chalice. But that’s not how Sandeep Mathrani saw it. The company had problems — big problems — but a lot going for it, too. “I find it invigorating to find solutions. I like the adrenaline, like when you are running a marathon and the endorphins kick in,” Mathrani, the recently installed CEO of the world’s most high-profile flexible office company, told Bisnow in an extended inter…
Wall Street Journal
American sports teams are doubling down on ambitious real-estate projects, despite the coronavirus pandemic that has shut down most live entertainment from coast to coast. This summer, the owner of the Los Angeles Angels baseball team laid out a master plan for 150 acres of apartments, restaurants and retail surrounding the team’s Anaheim, Calif., stadium. A venture of the St. Louis Cardinals and Cordish Co. is set to open a newly constructed apartment tower in the coming weeks, featuring in-uni…
GlobeSt
With an economic downturn looming, the market is poised to shift in favor of buyers and renters. To navigate the changing commercial real estate market, your residential property management company must embrace technology and efficiently manage its costs and working capital. That starts with streamlining back-office operations.
SmartCitiesWorld
The cities are analysed across nine dimensions considered key to truly sustainable cities. These are: human capital (developing, attracting and nurturing talent); social cohesion (consensus among the different social groups in a city); economy; environment; governance; urban planning; international projection; technology; and mobility and transportation (ease of movement and access to public services).
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