Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Bloomberg Quint
Blueground, a startup focused on short-term furnished apartment rentals, raised $140 million in equity funding from investors led by Laurence Tosi’s WestCap Group, an existing backer. Geolo Capital, an investment arm of billionaire John Pritzker’s family office, also participated, as did VentureFriends and Prime Ventures, Blueground Chief Executive Officer Alex Chatzieleftheriou said in an interview.
CREtech
Tune in to our exclusive webinar celebrating the upcoming book launch of Dr. Parag Khanna’s MOVE: The Forces Uprooting Us. Greg Lindsay, Director of Applied Research at NewCities and CREtech Climate Leadership Board Member, will join Khanna to look at the forces, such as the climate crisis and disruptive technologies, that are producing the next mass migrations. These two highly regarded futurists will help real estate professionals understand the deep trends that will have a profound impact …
Bisnow
New York, one of the most powerful real estate centers in the world, felt the wrath of a changing climate as the remnants of Hurricane Ida crept up the East Coast two weeks ago. With mostly small and midsized landlords in some of the hardest-hit areas of the city left to foot a huge bill to recover from the storm, the industry is putting pressure on the government to improve infrastructure and provide incentives, financing options and support to get more buildings where they need to be for the …
VentureBeat
Going forward, only 24% of employees will be permanently based in an office and working at a single desk. 58% will either be pure WFH or hybrid workers. For many, today’s digital transformation priorities look very different when compared to priorities pre-pandemic.
CREtech
Geoffrey Kasselman of CRG takes a practical approach to incorporating technology that will have the biggest impact and ROI.
Businesswire
Arcadia, the climate-crisis-fighting technology company unlocking nationwide access to energy data and renewables, today announced a $100 million Series D funding round led by Tiger Global Management and the Drawdown Fund with participation from new investors Wellington Management, Reimagined Ventures (the family office of Alec Litowitz, founder of Magnetar Capital), Camber Creek, MCJ Collective, and existing investors Energy Impact Partners, G2 Venture Partners, Inclusive Capital, and BoxGroup….
Commercial Observer
After a derailed initial public offering (IPO) process, WeWork might finally start trading next month. BowX Acquisition Corp., a special acquisition company (SPAC) that agreed to take WeWork public in a $9 billion deal earlier this year, has filed a definitive proxy statement with the embattled coworking company, ahead of a vote on Oct. 19 that will determine whether or not WeWork becomes a publicly traded company….
Bisnow
Roughly 43.5% of companies want to downsize their office footprint after the coronavirus pandemic ends, a recent survey found. According to a Gensler report released Sept. 7, 39% of top-performing companies said they would plan to downsize after the pandemic. These companies are categorized by the architecture firm as those that have been deemed most innovative, most admired and the best places to work by unspecified ranking lists….
CNBC
Investing in sustainable buildings could offer a real solution to reducing emissions in one of the world’s most polluting sectors, said Taronga Ventures, an investment firm focused on sustainable innovation and tech.
Nexus Labs
Welcome to Nexus, a newsletter and podcast for smart people applying smart building technology—hosted by James Dice. If you’re new to Nexus, you might want to start here.
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REGISTRATION IS OPEN FOR EUROPE 2030: SHAPING THE FUTURE OF THE BUILT WORLD IN LONDON ON JULY 1, 2025