Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Bisnow
Cryptocurrency mining is exploding in the United States, but how this growing industry fits into the traditional data center landscape is still an open question.
The Real Deal
As recently as July, visions of reoccupied desks and packed commuter lines danced in the heads of employers and office landlords, who clung to hopes that a widespread return to the workplace after Labor Day might still be in the cards.
Axios
Billionaire activist and finance vet Tom Steyer just launched a new investment platform to stake clean tech while funneling a cut of the profits to advocacy groups, Ben writes. Driving the news: Galvanize Climate Solutions, which brings together several longtime investment pros, plans to finance companies that can “produce and scale” emissions-cutting tech.
CREtech
Breton Birkhofer of DivcoWest discusses the importance of adopting a learning mindset when approaching difficult decisions in CRE investments, and shares what he’s most excited about for the future of PropTech.
Bisnow
LEED-certified U.S. office buildings have achieved higher rents overall since 2015 than their noncertified counterparts, according to a new study by Cushman & Wakefield. The greener properties averaged $4.13, or 11.1%, higher rents….
Fast Company
Colin Angle, the CEO and founder of iRobot, believes that tech giants have botched the smart home. Systems like Amazon Alexa, Google Assistant, Apple HomeKit, and Samsung SmartThings all boast thousands of device integrations, but getting those disparate parts to work well in concert can be a tremendous pain. Instead of trying to connect with everything, Angle believes the way forward is to start over and think smaller. …
The Real Deal
Orchard’s IPO is off the table — for now. The proptech startup, the subject of speculation this summer that it would soon go public, said it raised $100 million from new and existing investors, valuing the company at more than $1 billion. An IPO isn’t likely soon, the CEO said.
PR Newswire
Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise communications platform and cloud-native carrier, today announced it is powering some of the most innovative digital disruptors in the red-hot U.S. housing market. As the nationwide surge in the real estate market continues, buyers and sellers are increasingly adopting new digital tools to more quickly and conveniently get to the closing table. Bandwidth is the messaging and communications platform of choice for several innovative pro…
Bisnow
After 18 months of working from home, it’s second nature to duck into a side room to get some privacy for a video call. A new product, a customized modular room for video calls, hopes that when returning workers need to do the same thing at the office, it’s a much more enjoyable experience.
TechCrunch
Juno, a proptech startup that aims to build more sustainable and affordable apartment buildings, has raised $20 million in a Series A funding round. Comcast Ventures, Khosla Ventures and Real Estate Technology (RET) Ventures co-led the financing, which brings the company’s total raised to $32 million since its 2019 inception. JLL Spark, Vertex Ventures, Anim, K50, Foundamental and Green D Alumni Ventures also participated in the Series A investment….
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