Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Wall Street Journal
Shared office space giant WeWork and Cushman & Wakefield PLC, one of the world’s largest commercial real-estate firms, are negotiating to form a $150 million partnership to navigate the new world of remote working and flexible workplaces.
GeekWire
Engineers at CityBldr knew they were sitting on a goldmine of zoning and land data. After all, that’s how the Bellevue, Wash.-based big data company helps large corporations know the most cost-effective way to expand operations.
Yahoo Finance
NEW YORK, Aug. 5, 2021 /PRNewswire/ — SeeCares and Cherre announced a joint partnership designed to accelerate commercial real estate financing under a rubric of efficient quick workflows and undisputedly reliable data. SeeCares is a platform that uses deep technology to convert underwriting and modeling processes from days or weeks to minutes. Cherre is the industry’s leading real estate data and analytics platform. …
Wall Street Journal
Amazon.com Inc. AMZN -0.92% said it would delay corporate employees’ return to offices until next year as conditions around the Covid-19 pandemic evolve. The company adds to the wave of businesses adjusting their return-to-work plans as the highly transmissible Delta variant of the virus drives a surge in coronavirus cases….
essensys
LONDON – August 3, 2021 – essensys, the leading global provider of software and technology to the flexible workspace industry, has appointed Eric Schaffer as CEO, Asia Pacific. Based in Hong Kong, Schaffer will spearhead the establishment of essensys’ APAC business and brings extensive industry and in-region experience. The appointment is a milestone in the organization’s ambitious growth plans and continued efforts to increase global market share, as demand for flexible real estate continues to…
CREtech+
Mark Zikra, SVP of Technology & Innovation at CA Ventures, discusses what tech he relies on for cyber security, mitigating risk, and enhancing the lives of tenants.
Bisnow
Come this fall, the former Desmond’s department store on Broadway in Downtown Los Angeles will be the first Los Angeles and California location for the coworking company Bond Collective. The office spaces will occupy five of the 1920s-era building’s seven floors, taking up a total of roughly 45K SF.
GlobeSt
Avalon White Plains, a 13-year-old 407-unit luxury rental complex in White Plains, NY, has become the first building in the state to have an indoor lithium-ion battery storage unit installed.
aec business
Buildots, the AI construction tech company, today announced a $30 million Series B round led by Lightspeed Ventures with the participation of Buildots’ previous investors; TLV Partners, Future Energy Ventures, and Tidhar Construction Group. Buildots will use the new funds to double the size of their global team with a focus on its Sales and R&D departments.
The Real Deal
Prefabricated homebuilder Plant Prefab has raised $30 million in a Series B funding round and said it had opened a second factory and plans a third next year.
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