Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
GlobeSt
The apartment industry is finding success with taking new routes to get in front of prospective renters and during these high-driving times to fill vacancies. Lisa Trosien, ApartmentExpert; and Kate Good, Hunington ; shared best practices about what they see is working today during their “Apartment All Stars” session Thursday at National Apartment Association’s Apartmentalize Conference in Chicago.
CREtech
Miloš Halečka, Innovations Director at MiddleCap, poses the question “how do we make the environment better with our buildings?” and says the answer relies heavily on technology and data.
TechCrunch
Flat.mx, which wants to build a real estate “super app” for Latin America, has closed on a $20 million Series A round of funding. Anthemis and 500 Startups co-led the investment, which included participation from ALLVP and Expa. Previously, Flat.mx had raised a total of $10 million in equity and $25 million in debt. Other backers include Opendoor CEO and co-founder Eric Wu, Flyhomes’ co-founder and CEO Tushar Garg and Divvy Homes’ co-founder Brian Ma….
Bisnow
When Caitlin Rood entered the affordable housing industry in 2013 as an experienced sustainability professional, she had a plan. She would start with low-hanging fruit, accumulate savings, reinvest in deeper opportunities and repeat across the portfolio of Mercy Housing, which she ended up serving as national director of sustainability. It was a strategy that worked for her in other industries. But she soon learned affordable housing is a little different.
Wall Street Journal
The blank-check boom has turned into a rout. More than six months after the SPAC craze crested, a broad selloff has wiped about $75 billion off the value of companies that came public through special-purpose acquisition companies, according to a Dow Jones Market Data analysis of figures from SPAC Research.
Yahoo Finance
During the early stages of the COVID-19 pandemic, proptech startup Sugar Living, helped enhance the at-home quarantine experience for those stuck inside. Now, the Los Angeles-based startup has announced it raised $2.5 million in seed funding to expand and connect people in their residential communities with its visionary technology. The funding round was supported by a bevy of investors including SquareFoot CEO Jonathan Wasserstrum, Ben Zises, Diran Otegbade, Oleksiy Ignatyev and Zillow board…
TechCrunch
Pancake brought in a $350,000 seed round to develop its home design platform that leverages furniture you already have in your home with a designer’s fresh eye on your space. Maria Jose Castro and Roberto Meza, both from Costa Rica, started the company in 2020, based on their own experience of transitioning to work-from-home and needing to outfit a space. However, design services can be expensive, and therefore not accessible to everyone….
VentureBeat
To say cybersecurity is booming would be an understatement. We’re talking about security companies’ skyrocketing valuations ($524.1 million on average) and the massive amount of funding ($12.2 billion just this year so far) investors are pouring into the industry, of course. Because in terms of success, there’s a lot to be desired. Recent supply chain attacks on SolarWinds and Kaseya, as well as the zero-day attack on Microsoft Exchange, took cybercrime to new levels and showed how one breach co…
CREtech
Join CREtech Climate for an 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.
GlobeSt
Global firm Zventus recently revealed that it would launch a blockchain lab for the financial services industry with a specific focus on “modernizing the mortgage sector.” The firm said the initiative will develop new products, services, and solutions to enhance the loan process to make loan processes more secure and economical.
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