Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Wall Street Journal
Nearly two years ago, SoftBank Group Corp. 9984 -1.15% sought to part ways with WeWork co-founder Adam Neumann when it bailed out the shared-office company. It hasn’t been an easy divorce….
Obie Risk
It is an important day for the Obie team. Today we are announcing an $10.7M Series A led by Michael Brown and Battery Ventures who are joined by a host of new and previous investors including Thomvest Ventures, Funders Club, Second Century Ventures, and Metaprop.
CREtech+
Sandy Sigal, Lee Odess, Paige Pitcher, and Jeffrey Kok to be Featured in CREtech+ “Tech Talk” Episodes Airing in June New York, NY (May 28, 2021) — CREtech+, (www.plus.cretech.com), the video streaming platform devoted to innovation in the Built World, has announced that Sandy Sigal, Chief Executive Officer, President and Founder at Newmark Merrill Companies, Lee Odess, CEO at Group337, Paige Pitcher, Director at Hines and Jeffrey Kok, Chief Innovation Officer and Chief Information Officer at Mi…
TechCrunch
Trying to buy a house in a competitive market is perhaps one of the most stressful things an adult can go through. Competing with a bunch of people all putting offers on a house that fly off the market in a matter of days is not fun. One startup that is trying to give home buyers a competitive edge by giving them a way to offer all cash on a home has just raised a boatload of money to help it keep growing.
Wall Street Journal
The promise of fifth-generation wireless networks has drawn headlines for at least three years, but 5G that lives up to the hype has yet to arrive for most Americans. All of the major U.S. wireless carriers say they have nationwide 5G service, but industry analysts say that service is largely indistinguishable from 4G LTE service. Wireless services with speeds notably better than what’s available today may not reach most Americans until later this year at the earliest, research firm Evercore ISI…
CREtech+
Jeff Kok, CIO of Mill Creek Residential reveals the implications of advanced technology in the multifamily industry for both investors and tenants.
PlaceTech.
Sidewalk Labs, Alphabet’s innovation business, has created a low-cost, real-time sensor to manage and understand how parking spaces are used in an effort to kickstart better placemaking.
Bloomberg
Masked, desk-bound and unable to recognize their colleagues in an elevator, people are starting to return to offices in cities around the world where the pandemic is receding. Many will find their offices transformed, too.
Property Week
This isn’t because the sector is inherently technophobic, but rather because innovation has not been part of the culture, nor has there been any pressure to innovate until recently, and in the end technology for technology’s sake doesn’t necessarily appeal to professionals whose experience is rooted in the tangible bricks and mortar of real estate.
PlaceTech.
WeWork reported a $2.1bn loss in the first quarter of 2021 after a year of falling memberships and a continued attempt to turn the business around. Should WeWork’s woes spook its competitors, or is the flexible office market on course for a recovery?
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