Proptech Startup Stavvy Raises $40 Million in Series A Funding

On Monday, Stavvy announced that it had raised $40 million in Series A funding, led by Morningside Technology Ventures. The company declined to disclose its valuation following the round. Based in Boston, Stavvy runs a service for mortgage lenders to have important real estate documents signed and notarized online.

Blockchain startup Propy plans first-ever auction of a real apartment as a collectible NFT

We previously wrote about Propy using blockchain technology to smooth real-world real estate sales by introducing the concept of smart contracts. Propy was the first blockchain startup to make that work. Now the company is pushing the boundaries again, by auctioning a real apartment as an NFT. Although one might want to brush this aside as a stunt, the event is designed to make the point that it could well be done legally. And, by golly, they are going to try….

WATCH NOW! Smart Security in CRE Trailer featuring Lee Odess

Lee Odess, Founder and CEO of Group 337, examines the security technology advancements in CRE, and the value of customizing user experience.

Real estate technology SPAC Fifth Wall Acquisition III prices $250 million IPO

Fifth Wall Acquisition III, the third blank check company formed by Fifth Wall targeting real estate technology, raised $250 million by offering 25 million shares at $10. The company did not offer units with warrants attached. The company is led by CEO and Chairman Brendan Wallace, who is a co-founder and Managing Partner of Fifth Wall Ventures, and CFO and Director Andriy Mykhaylovskyy, a Managing Partner and COO of Fifth Wall. The group’s other SPACs include Fifth Wall Acquisition II (FWAB), w…

Indoor vertical farming startup Bowery Farming raises $300 mln

New York-based indoor vertical farming startup Bowery Farming said on Tuesday it raised $300 million in its latest funding round, valuing the company at $2.3 billion as the pandemic shed light on the importance of securing local food supply.

EY plans hybrid working future in the UK

Warehouses Look to Robots to Fill Labor Gaps, Speed Deliveries

Growing numbers of self-driving machines are shuttling clothing and sports equipment down warehouse aisles, pulling bins of groceries, cosmetics and industrial parts from high stacks and handing off goods to human workers to help deliver orders faster. Some logistics operators are testing forklifts that can be operated from remote locations, allowing employers in tight labor markets to draw from a geographically broader pool of workers.

1 big thing: SPACs go to Congress

Andrew Park of Americans for Financial Reform also testified that because SPACs are not subject to the same liabilities for making false and misleading forward-looking statements, the method has “emboldened” pre-revenue companies (electric vehicles, cryptocurrency, space exploration) to make “what might generously be called very rosy projections.”…

If You Don’t Want To Return To The Office Or Stay At Home Everyday, There’s Now A Third Attractive Way To Work

Landlords were terrified. The remote-work trend during the dark days of the pandemic looked like office buildings were a relic of a past antiquated age. In a time of social distancing, corralling thousands of human beings into close contact in steel enclosures for eight to 10 hours under fluorescent lights and forced air seemed barbaric.

NOW LIVE! The Future of Retail: Turning Data into Profit Trailer

Sandy Sigal, President and CEO of Newmark Merrill Companies, takes viewers through the most disruptive and valuable technology solutions in retail real estate.