Latest in Commercial Real Estate Tech News by CREtech

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NO PARKING: CITIES RETHINK GARAGES FOR A WORLD WITH FEWER PERSONAL CARS

The Wall Street Journal
6/11/2021

What would cities do if they didn’t need so many parking spaces? Architects, urban planners and parking industry experts are now imagining a future in which parking garages are turned into commercial kitchens, fitness centers and transportation hubs where driverless taxis recharge between trips. Parking structures whose sloping floors make them hard to repurpose would be candidates for the wrecking ball, clearing the way for green spaces or new development….

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Savills Enhances Real Estate Solutions for Life Science and Technology Companies with Acquisition of US Firm T3 Advisors

Savills
6/11/2021

NEW YORK (June 11, 2021) – In a strategic move as it continues expanding its North American business, global real estate advisory firm Savills has announced the acquisition of T3 Advisors (T3), which will rebrand as T3 Advisors, A Savills Company. T3, the leading real estate and workplace solutions advisor to many of the world’s most innovative companies, has become the consultant of choice for life sciences and technology firms seeking unbiased, holistic, and strategic advice on all aspects of …

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Landlords Back RET Ventures to Find Property-Technology Bets

Bloomberg
6/11/2021

A group of landlords including Starwood Capital Group, Greystar, Cortland and real estate investment trusts such as Invitation Homes Inc. and Mid-America Apartment Communities Inc. have backed RET Ventures to make early-stage bets on property-technology startups.

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Super Early Bird Sale for CREtech New York Ends Soon

CREtech
6/10/2021

We’re back LIVE in New York! Join us this Fall for 2 days of in-person networking, demos and keynote presentations to drive new business like never before. Join 1000+ leaders at real estate’s premier event for tech startups, innovation, investors, and industry players to connect and do business.

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WATCH NOW! How Technology is Changing the Multifamily Experience, Part 2

CREtech+
6/10/2021

Jeff Kok, CIO at Mill Creek Residential discusses unique ways Mill Creek identifies and measures the performance of technology solutions, and how he overcomes the inevitable challenges that come with innovation and technology adoption.

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Tech Companies Want to Make Holograms Part of Routine Office Life

The Wall Street Journal
6/10/2021

Companies from Google to WeWork want to help employers cut down on Zoom fatigue with a new approach to communications: holograms for the workplace. Alphabet Inc.’s Google in May revealed Project Starline, an effort to create a video-chat system with screens that give participants three-dimensional depth.

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JLL unveils ‘big-picture’ data analytics platform

PlaceTech
6/10/2021

JLL Technologies has released JLL Azara, a corporate real estate data and insights platform that harnesses the global agent’s market data to give users real-time analytics and advice on managing their assets.

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COMMENT | Berlin usurps London as Europe’s startup capital

PlaceTech
6/10/2021

Home to lively nightlife and thronging pubs, Berlin has earned the title of Europe’s hippest city. But there’s much more to the Berlin bubble: a collective determination to come together to pick up and build an open society after the fall of the Berlin Wall, writes Martin Pietzonka.

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First Solar to Invest $680m in Expanding American Solar Manufacturing Capacity by 3.3 GWFirst Solar to Invest $680m in Expanding American Solar Manufacturing Capacity by 3.3 GW

Globe Newswire
6/10/2021

TEMPE, Ariz., June 09, 2021 (GLOBE NEWSWIRE) — First Solar, Inc. (Nasdaq: FSLR) today announced that it will invest $680 million to expand America’s domestic photovoltaic (PV) solar manufacturing capacity by 3.3 gigawatts (GW)_DC annually, representing an implied capital expenditure of approximately $0.20 per watt. The company intends to fund construction of its third US manufacturing facility, in Lake Township, Ohio, with existing cash resources.

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Branch raises $50M to offer bundled auto & home insurance via an API

TechCrunch
6/10/2021

Branch Insurance, a startup offering bundled home and auto insurance, has raised $50 million in a Series B funding round led by Anthemis Group. Acrew, Cherry Creek Holdings and existing backers Greycroft, HSCM Bermuda, American Family Ventures, SignalFire, SCOR P&C Ventures, Foundation Capital and Tower IV also participated in the round. With this latest financing, Columbus, Ohio-based Branch has raised $82.5 million in total funding since its 2017 inception….

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