WeWork’s New Stock-Listing Plan Has Echoes of Its Past

WeWork isn’t doing an initial public offering this time, but merging with a special-purpose acquisition company, or SPAC. Rules around SPACs are looser than for IPOs, giving WeWork more leeway to tout its future.

Investing in the Future: A VC’s Approach to New Tech in CRE, Part 3

Merritt Hummer, Partner at Bain Capital Ventures, examines the effects of smart technology on society, where she sees the most potential for growth in the industry, and what she would be doing if not working as an investor.

CoStar hits it Home, office-startups make bank

After attempts to buy RentPath and CoreLogic fell through, the data giant struck a deal to buy listing platform Homes.com for $156 million in cash, the companies said last week. Homes.com claims to have 1.8 million listings and could bring CoStar up to $10 million in additional revenue during the second half of the year. …

Have a Look at The World’s First 3D-Printed Home Made Entirely of Clay

In 2019, 3D-printing company WASP and Mario Cucinella Architects (MCA) unveiled their concept to design the first 3D-printed house made entirely from clay. Today, the collaborative project—known as TECLA, a name derived from the words technology and clay—is finally complete and on display near Bologna, Italy. …

Using The Internet Of Things For Smart Office Automation

The COVID-19 pandemic shifted businesses in ways previously unimaginable. While many employees worldwide are still working remotely, and we begin returning to work at on-site locations, office life will look quite different. Many businesses turn to technology like smart office automation that utilizes the Internet of Things (IoT) to make workplaces safer and reduce costs, while companies rebuild lost revenue due to the pandemic.

Kroger and Target Open New Fulfillment Centers to Speed Online Deliveries

You don’t need a reopened AMC to catch the latest Fast & Furious installment. Just turn to retailers’ new facilities in the same-day delivery wars.  In grocery: Three years into a partnership with UK grocer-meets-tech provider Ocado, Kroger unveiled its first “shed” of delivery-sorting bots. In the 375,000 sq. ft. center……

New Valley Ventures Invests in PropTech Company, Humming Homes

The future of real estate is Smart. Hear from the experts.

The future of real estate is smart. Not implementing technology for technology’s sake, but the result of a conversation amongst tenants, owners and technologists focused on what the users of buildings actually want. WiredScore created a white paper to clearly identify what smart buildings consist of and why they matter today, featuring unique insight from global industry leaders such as Hines, Skanska, PGIM and Kingsett to name a few.

Fifth Wall launches third SPAC to raise $250M

The Los Angeles-based firm is aiming to raise $250 million for the new special-purpose acquisition company, Fifth Wall Acquisition III. It will issue 25 million shares on NASDAQ at $10 apiece. Deutsche Bank, Goldman Sachs, and Bank of America are underwriting the deal.

What Will Happen to All the Empty Office Buildings and Hotels?

Commercial real estate has been hit hard by the pandemic, but there are plans to convert some of the now empty spaces into apartment buildings.