Technology provides the key to realising real estate’s ESG goals

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.

What WeWork’s $2bn loss means for flexible offices

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?

Watch Now! An Innovation State of Mind Trailer

Paige Pitcher, Director of Innovation at Hines, details the strategies and mindset that keeps Hines on the cutting edge of technology and innovation.

If You Thought Working From Home Was Messy, Here Comes Hybrid Work

It took months for bosses and employees to adjust to working remotely in the pandemic. The next era of work might be even more messy. Companies are laying down new rules and setting expectations for hybrid work as some workers come back in and others remain out of office. At JPMorgan Chase & Co., employees on some teams can schedule work-from-home days, but not on Mondays or Fridays….

Proptech Startup Stavvy Raises $40 Million in Series A Funding

Office Tenants Expect Post-Pandemic Space Changes. Landlords? Not So Much

Landlords and occupiers aren’t exactly on the same page when it comes to future space usage. While 71% percent of commercial occupiers say the shift to remote work has fundamentally changed their long-term approach to space usage, 69% of landlords see no lasting impact from COVID-19, according to a survey of 200 tenants and 50 landlords from MRI Software and CoreNet Global.

Digital mortgage platform Snapdocs valued at more than $1B

The startup has raised $150 million in a series D funding round, bringing the value of the company to more than $1.5 billion, Inman reported. The latest round was led by Tiger Global with participation from Sequoia, Y Combinator, F-Prime, Maverick, Alkeon, and Wellington Management.

Proptech hits puberty: Insights from Camber Creek’s Casey Berman

Total addressable market, or TAM, is a metric investors use to figure out whether a sector is worth their trouble. With a tiny TAM, even a home-run investment in a startup may not generate the return investors crave. Target a big TAM, however, and things get a lot more interesting.

Insurtech startup Obie raises $10.7M Series A led by Battery Ventures

Obie, which has developed an insurtech platform for landlords, has raised $10.7 million in a Series A funding round led by Battery Ventures. Thomvest Ventures, Funders Club, MetaProp and Second Century Ventures also participated in the financing.

Gorillas’ Ten Minute Grocery Delivery to Launch in the U.S.

NEW YORK–(BUSINESS WIRE)–Gorillas, the on-demand grocery delivery startup and the fastest European startup to reach unicorn status, is launching its operations in the U.S. on May 30. Providing on-demand grocery delivery service in ten minutes or less, Gorillas will begin its U.S. expansion with service in Bushwick, which includes parts of Williamsburg and Downtown Brooklyn, which includes the Boerum Hill, Cobble Hill and Carroll Gardens neighborhoods, with plans to expand to additional areas o…