Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Bisnow
Months into the pandemic, special-purpose acquisition companies exploded in popularity before fizzling out in the spring of 2021. But the repercussions of that brief boom are yet to come. …
CREtech
Daniel Fetner, General Partner at Alpaca Ventures, takes us through Alpaca’s latest field studies focusing on virtual real estate and Propco/Opco structures.
Forbes
On July 4, 2020, the Cooper family started a journey they will never forget. The couple, Dave and Jennifer, had already dedicated themselves to housing and the progress and evolution of better construction techniques, but decided to level up during Covid by buying a motorhome to tour the country to find the most compelling case studies and bring them to the rest of the world.
CREtech
Join us in London on 27th – 28th April for two days of the most exciting in-person event in the world of real estate technology and innovation. No other event brings together so many landlords, asset managers, brokerages, construction companies, tech startups, venture capitalists, thought-leaders, and more all under one massive roof.
Smart Cities World
Ayyeka’s AI Data Curator is designed to detect, report, and automatically fix Internet of Things sensor data for better decision-making and compliance.
GlobeSt
Dodge is currently forecasting $53 billion of construction starts in the US warehouse/distribution center market in 2022, up 1,400% since 2010 and representing over one-third, or 36%, of the entire US commercial construction sector this year. Driven by strong consumer demand in the economy and the explosion of e-commerce retailing, these facilities are deploying sophisticated technologies to optimize performance and respond to changing demands.
Bisnow
Roofstock, a single-family rental online investment platform, has raised $240M in a Series E round led by SoftBank’s Vision Fund 2 as investors continue piling into the single-family rental market. The Oakland company is now valued at $1.94B, three times its previous valuation of $600M, according to The Real Deal. Roofstock most recently raised $50M in a January 2020 Series D round and almost tripled its revenue in 2021, facilitating $2.5B in single-family rental deals, The Real Deal repo…
Bisnow
Besides making hybrid work schedules into the new reality for U.S. office properties, the coronavirus pandemic is helping spur the partial decentralization of the tech industry away from its traditional coastal cities, according to a new report by The Brookings Institution. The shift doesn’t represent a massive exodus from the current tech hubs, but the pandemic did mark a slowdown in their growth and result in a corresponding uptick in tech jobs in midsized and smaller places with high q…
Crunchbase News
Global venture funding in February 2022 fell by $10 billion month over month, clocking in at $52 billion, based on an analysis of Crunchbase data, as startup investors seem to be coming off last year’s highs and assessing the impact of the Ukrainian conflict, record inflation and public-market turmoil.
Bisnow
WeWork’s losses in 2021 exceeded those of 2020 by some $1.3B, but the losses reported in its second earnings statement since beginning to trade on the New York Stock Exchange in October were tempered by quarter-over-quarter revenue gains. The coworking giant reported on Friday that it lost more than $4.4B in 2021, an increase from about $3.1B in 2020, though almost half of its losses ($2B) for 2021 were in the first quarter of the year. …
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