Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Commercial Observer
Jeff Sutton’s Wharton Properties just scored Sonder as its tenant at the real estate mogul’s planned 363-room hotel and retail building at 25 West 34th Street, Commercial Observer has learned.
Bisnow
Office workers across a number of the world’s capitals say they will return, full or part time if their workplaces offer more leisure options, safety measures, indoor air quality tracking and technological advances such as touchless access control, a survey of thousands of white-collar staff found.
Bisnow
Real estate technology’s banner 2021, which has seen a record-setting $9.5B invested in the sector through mid-November, came from a confluence of an increased demand for data analytics, the belief that more efficient offices or energy systems could tempt workers back to the office, and the desire save money while bolstering sustainability bona fides.
Medium
Real estate investors and developers are making short-, medium- and long-term choices that are locking in environmental footprints well beyond 2050.
CREtech
Chirag Chotalia, Parter at Threshold, discusses the future of the office and the types of technologies that will be needed to power that change.
Forbes
The home services marketplace Lessen, which is geared towards facilitating the logistics for every stage of home services and repair for both residents and service professionals, announced today their close of a Series B raise bringing the company’s valuation to over $1 billion. This latest raise, of $170 million, was led by Fifth Wall with participation from Khosla Ventures, General Catalyst and Navitas Capital. Lessen closed a Series A round less than six months ago with the same group of inve…
TechCrunch
Digital mortgage lender Better.com, which announced in May that it was going public via a SPAC, is getting a cash infusion from its backers sooner than expected. Blank-check company Aurora Acquisition Corp. and SoftBank have decided to amend the terms of their financing agreement to provide Better with half of the $1.5 billion they committed immediately instead of waiting till the deal closes….
New York Post
The city’s office market is wearing a smaller shoe size due to the pandemic — but the footprint shrank by much less than was feared.
JLL
Roofs are increasingly becoming green spaces as part of a drive towards cleaner cities
Wall Street Journal
The latest hot real-estate market isn’t on the scenic coasts or in balmy Sunbelt cities. It’s in the metaverse, where gamers are flocking and digital property sales are setting new records.
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