Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Acrofan
MRI Software, a global leader in real estate software, today announces its acquisition of industry-leading customer relationship management (CRM) solution provider, Box+Dice™. Melbourne-based Box+Dice adds a critical piece to MRI’s comprehensive PropTech portfolio, enabling real estate businesses to unify customer lifecycle visibility across both sales and rental property management….
VentureBeat
The “metaverse” is back in the headlines. Mark Zuckerberg recently announced that Facebook “will effectively transition from … being a social media company to being a metaverse company.” Facebook plans to create “an embodied internet” — powered by its Oculus headsets and bridging the company’s platforms in virtual space. And Facebook is not alone, as Epic Games, Disney, and other corporations are also investing billions in their virtual worlds….
GlobeSt
The pandemic has left its thumbprint on commercial real estate design. It has accelerated already budding design trends, like flexible use, natural lighting and ventilation systems, but the pandemic has also catalyzed new design concepts that help to combat the risk of viral infection.
Bloomberg
William Quigley, a co-founder of stablecoin Tether and a pioneer in the cryptocurrency space, sees the metaverse as a huge economic force that’s going to change people’s lives significantly in coming years.
GlobeSt
Labor Day was supposed to herald the return to the office. But did anyone say which year? The Delta variant has turned the Covid-19 recovery story on its head. The 7-day average number of new cases on September 1, 2021— more than 503,000 — was four times the amount on the same day the year before, according to Oxford University’s Our World in Data site.
CREtech
Don Goldstein of 5Q Cyber Security addresses the importance of digital security, adopting a ‘zero trust’ model, and what’s next for cybersecurity. Start your free 30-day trial to get full access videos like this.
Bisnow
Commercial property values are more resilient nationwide than headlines about the coronavirus and the unsettled state of the world might otherwise indicate, valuation experts say.
The Real Deal
Side has had an explosive year. In March, the white-label brokerage’s $150 million Series D propelled its valuation above $1 billion. A few months later, that valuation more than doubled to $2.5 billion after Tiger Global Management, the world’s most active venture investor in the second quarter, led a $50 million round. …
Swivel
Swivel, the Design Experience Platform that transforms the way commercial real estate is marketed, leased, and planned, today announced its first customer deployment in the UK. Black Mountain Partners, a London-based property development and investment company, has deployed Swivel’s Interactive Space Showcase to provide immersive virtual tours for more than 65,000 sq. ft. of office space at historic 68 King William St. in London. Black Mountain Partners and its broker partners at Sa…
Bisnow
As cities across the U.S. look to build more multifamily to address housing shortages, one growing startup aims to make the development process much faster. Juno, a San Francisco-based proptech company founded in 2019, announced Thursday it raised a Series A round of $20M to help scale its product that aims to make housing development more efficient….
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