WeWork vet hired to launch Two Sigma’s real estate fund
The Real Deal
The former head of WeWork’s real estate investment arm has joined the quantitative hedge fund Two Sigma to help launch its new property investment platform.
Latest Trends and Insights in Real Estate Technology
Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
-
Read more
-
Read more
Prologis Continues Green Building Leadership with LEED v4 Volume Program
Prologis
SAN FRANCISCO, April 21, 2021 /PRNewswire/ — Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, announced it will launch the first LEED v4 for Core and Shell Volume Program for the U.S. logistics real estate sector. This new program includes more rigorous standards than the previous LEED Volume Program, established in 2014. Prologis was the first logistics real estate developer to participate in the earlier program….
-
Read more
Register Now: Relevation 2021
Relevation
Our purpose is to facilitate investments in the proptech space, by introducing founders to VC’s, and VC’s to LP’s. All our value proposition is structured around the principle of doing the most efficient matchmaking possible, and allowing our attendees to create meaningful relations with future business partners. Relevation is a two-day digital and global event, entirely dedicated to the PropTech market, gathering the top notch keynote speakers and experts from around the world. …
-
Read more
In Case You Missed It! Check out a tech demo by Facilio from our CREtechU Virtual Summit
CREtech+
Discover a Tech Demo presented by Vishak Chandra Prakash Pre-sales Manager at Facilio. Facilio is an AI-driven property operations platform allows real estate owners to aggregate building data, optimize performance, and control portfolio operations. …
-
Read more
‘Tech metal’ firm draws in $120m to fuel clean energy
PlaceTech.
TechMet, an investor in rare metals needed in EVs and renewable energy systems, has closed its second-round equity fundraising at $120m – a 50% oversubscription on its initial target. Backed by the US government’s Development Finance Corporation, TechMet’s recent success reflects what it calls a period of “both enormous opportunity and enormous challenge”.
-
Read more
Moderne Ventures Announces its 2021 Passport Class
Moderne Ventures
CHICAGO, April 20, 2021—Moderne Ventures, a venture fund focused on real estate, finance, insurance, hospitality and home services, announced seven new companies accepted into its 2021 Passport Program, an intensive, six-month industry immersion program providing its participants education, exposure, insight, and relationships to drive customer growth.
-
Read more
Silicon Valley’s Deal Machine Is Cranking: ‘I’ve Never Seen It This Frenzied’
Wall Street Journal
Deal flow and valuations are reaching new heights in technology startups, as a flood of cheap cash fuels efforts to find the industry’s next big winners, from software to social media. In the first quarter this year, U.S. startups raised $69 billion from investors—41% more than the previous record, set in the fourth quarter of 2018, according to data firm PitchBook Data Inc. The average valuation for startups at all stages also reached a new high, and more than tripled from last year to $1.6 bil…
-
Read more
WeWork will accept Bitcoin for membership fees
The Real Deal
The company announced Tuesday that customers can use the currency to pay for memberships; it will then use the cryptocurrency to pay its landlords and other vendors whenever possible, the Commercial Observer reported.
-
Read more
ULI Report – Global Goals: Primer on the UN Sustainable Development Goals for Real Estate
Urban Land Institute
In 2015, the United Nations released the 2030 Agenda for Sustainable Development, which included 17 sustainable development goals (SDGs) to end poverty while also improving global health, reducing inequality, and protecting the planet. Adopted by all U.N. member states, the SDGs build on previous U.N. frameworks.
-
Read more
As covid relief money floods in, pandemic-battered cities see a chance to transform
Washington Post
The pandemic had blown a $63 million hole in the Alabama city’s finances, and the costs were piling up: furloughed workers, slashed salaries, cuts to programs as varied as the arts and the zoo. On the day last fall that the city council passed its red-ink-streaked budget, angry librarians protested outside. …
