That Vacation Home Listed on Airbnb Might Be Owned by Wall Street
Wall Street Journal
Investment firms Saluda Grade and WEG Capital enter the market for short-term rentals, as tourists and remote workers boost demand
Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Wall Street Journal
Investment firms Saluda Grade and WEG Capital enter the market for short-term rentals, as tourists and remote workers boost demand
Crowdfund Insider
Northspyre, a financial tracking and project delivery automation platform for real estate developers, has reportedly acquired $25 million via a Series B round to further grow its business and expand its solution “to improve the development process within the multi-trillion dollar commercial real estate industry.”
TechCrunch
Homebound started out to help people rebuild after their houses were destroyed by California wildfires in 2018.
But over time, the company realized that its digital general contracting and “personalized” homebuilding services could be applied to non-disaster use cases as well — especially in regions where there is a major shortage of inventory.MINGTIANDI
Fund managers APG and Ivanhoe Cambridge have become the latest global investors to commit capital to Taronga Ventures’ flagship property technology vehicle. Netherlands-based APG, which manages investments on behalf of Dutch pension funds, made its first proptech investment in Asia Pacific with its contribution to RealTech Ventures I, Taronga announced this week. Quebec pension fund manager Ivanhoe Cambridge, meanwhile, continues to pursue the diversification of its APAC portfolio with an eye…
Commercial Observer
In January, Wilshire Lane Capital, a proptech-focused venture capital firm, announced a strategic partnership with Morgan Properties, which with more than $15 billion in assets and over 95,000 units, is the largest privately held multifamily owner in the United States.
ESG Today
Climate action-focused platform Climateworks Foundation announced today the launch of Carbon Call, a new initiative aimed at addressing the need for a reliable and interoperable global carbon emissions accounting system. The initiative is being founded with participation from over 20 companies and organizations* including Microsoft, United Nations Environment Programme, Linux Foundation and United Nations Foundation.
Nuveen
Nuveen Real Estate, one of the largest investment managers in the world with more than $144 billion of assets under management, announced the selection of Dealpath, the industry’s most trusted, purpose-built real estate investment platform, as their global, multi-sector deal management solution.
Yahoo Finance
Raise Commercial Real Estate (Raise) announces today the opening of its New York office led by industry veteran Jamie Katcher, along with partners Douglas Regal and Sebastian Infante, and team members Emilie Goldman and Henry Korzec. Additionally, the company announces two strategic hires to lead engineering and marketing – Paul Thormahlen, VP of Engineering, and Megan LeMense, Senior Director of Marketing. The new office location and these additions further deepen the tech-powered brokerage fir…
Bisnow
Though Salesforce is scaling back its office footprint and has yet to set a return date for employees, the company is deploying a new strategy to get employees back in the same room.
CREtech
Simon Davis, SVP of Workplace at Impec Group, examines the challenges involved with choosing the right technology for your company, who should be involved in that conversation, and the common mistakes to avoid.
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