Northspyre, project management tool for developers, raises $25M

Northspyre, a project management platform for building owners and developers, raised $25 million in Series B funding. Real estate owners manage hundreds of relationships with vendors, investors and others through the pre-construction and construction phases of projects, and typically have relied on spreadsheets to budget and deliver on schedule.

10 people defining the future of real estate tech

Keep an eye on these innovators as fintech transforms home buying, lending and every other aspect of the property business.

No Deal: Why Growing Metaverse ‘Real Estate’ Buzz Could Set The Whole Space Back

Most people believe we’re at a turning point comparable to the first rise of the internet. The comparison seems well-warranted. The rise of cryptocurrencies and blockchain technology is enabling downstream developments like web3, the metaverse, and large-scale decentralization. It’s certainly something for investors to be excited about….

Why Multifamily Property Management Is Ripe for Disruption

Multifamily leasing has historically been dominated by property-centric leasing and operations models, with most property management functions happening on-site and in real time. On-site teams are expected to handle walk-ins, scheduling tours and cancellations, scrutinizing applications and leases, dealing with renewals and disgruntled residents. But between the pandemic upsetting renter demographics and supercharging the role of tech in consumers’ lives, that’s about to change. That’s according…

People Are Going Out Again, but Not to the Office

Americans are dining again in restaurants, attending sporting events, and flying throughout the country. But most are still steering clear of their office building, a sign that more than health concerns are keeping workers away….

How the CRE Tech Market is Evolving in Asia Pacific, Part 2

Raja Seetharaman, Co-founder of propstack, discusses how the United States real estate market is connected to that of Asia Pacific, and where they differentiate themselves.

That Vacation Home Listed on Airbnb Might Be Owned by Wall Street

Investment firms Saluda Grade and WEG Capital enter the market for short-term rentals, as tourists and remote workers boost demand

Northspyre, a Financial Tracking and Project Delivery Automation Platform for Real Estate Devs, Secures $25M via Series B

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.”

Tech-enabled homebuilder Homebound raises $75M Series C led by Khosla

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.

APG, IVANHOE CAMBRIDGE INVEST IN TARONGA PROPERTY TECHNOLOGY FUND

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…