How Douglas Development Turned 3 Former WeWorks Into Its New Coworking Brand

After WeWork closed its three oldest D.C. locations in the midst of the coronavirus pandemic last year, the developer that owns all three buildings decided to use the spaces to launch its own coworking brand. …

Compass revenue almost triples, but company lost $7M

The residential brokerage’s quarterly revenue jumped 186 percent year-over-year to $1.95 billion, the company reported Monday in its second-quarter earnings. Compass reported a net loss of $7 million for the quarter, an improvement from a loss of $84 million in the same period a year earlier.

Nashville establishes new department for multimodal transportation

Delta Variant Casts a Shadow Over Midtown Manhattan’s Shaky Recovery

Midtown Manhattan, which has been in the doldrums for much of the pandemic, has finally begun showing signs of life. But that progress may be threatened by the surge in coronavirus cases from the spread of the Delta variant

VTS doubles down on Rise push into UK

The leasing management software that claims to be used in one in three London offices is bringing in Seb Abigail from flex operator Convene to drive VTS’s Rise tenant engagement platform.

Acrew Capital, Jeff Bezos back Colombia-based proptech La Haus’ $100M debt, equity round

La Haus, which has developed an online real estate marketplace operating in Mexico and Colombia, has secured $100 million in additional funding, including $50 million in equity and $50 million in debt financing.

HqO and Ritual Announce Exclusive Food and Beverage Offering for Office Communities

New Partnership Brings Premium Food Experiences to the Workplace BOSTON – August 5, 2021 – HqO, the end-to-end tenant experience operating system for office buildings, today announces its exclusive integration with Ritual, a best-in-class food platform that works with over 15,000 restaurants and top commercial landlords across the United States, Canada, and the United Kingdom. The partnership empowers all HqO customers as they return to the office with an abundance of seamless food experience…

Flex workspace tech firm essensys eyes US, APAC expansion

Armed with fresh funding, the flexible workspace software provider essensys is expanding its presence in the U.S. and Asia. The U.K.-based firm, which listed on the London Stock Exchange in 2019, raised $46 million in a primary share placement and plans to use the funds to double its U.S. workforce in the coming year, Jeremy Bernard, the firm’s North America CEO, told The Real Deal.

WILLOW ANNOUNCES NEW FUNDING FROM STRATEGIC INVESTOR IN-Q-TEL

Willow Extends Lead in Digital Twins for Real Assets and Accelerates Growth Through Strategic Investment, New Executives and a Cyber Security offering   NEW YORK – August 2, 2021 – Willow, the leading digital twin for the built world, welcomes new strategic investor In-Q-Tel, Inc., the non-profit organization that invests in cutting-edge tech startup companies that contribute to the national security of the United States and its allies.   The investment signals Willow’s gro…

With $3.6 Million in Funding, RentCheck Aims to Help Renters Save Up To $45 Billion

RentCheck will expand the first tenant-led inspection platform, targeting one of the largest  problems in property management: Disputes over deposits.  New Orleans, Louisiana (August 9, 2021) — After stealthily achieving product-market fit,  RentCheck — the world’s first vision-based, automated property inspection platform — is ready  to change the tenant-landlord dynamic. The company will take aim at the tenant “deposit  deduction” problem: A $45 billion-per-year game of tug-of-war between …