A Commercial Real-Estate Investor Pivots to Digital-Related Assets
The Wall Street Journal
Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
The Wall Street Journal
The New York Times
As more companies consider plans to bring workers back to the office, experts say to expect expanded gathering spaces and fewer personal workstations.
The New York Times
On the London Underground, Piccadilly Circus station is nearly vacant on a weekday morning, while the Delhi Metro is ferrying fewer than half of the riders it used to. In Rio, unpaid bus drivers have gone on strike. New York City subway traffic is just a third of what it was before the pandemic….
Venture Beat
Avvir, a startup using laser scans and AI to catch construction mistakes, today announced that it raised $10 million in a funding round led by Trust Ventures. The New York-based startup, which is valued at $40 million, says it’ll use the funds to expand its workforce while improve its technology platform.
TechCrunch
Who knew building a vertical software-as-a-service toolkit focused on home heating and cooling could be worth $8.3 billion? That’s how much Los Angeles-based ServiceTitan, a startup founded just eight years ago, is worth now, thanks to some massive tailwinds around homebuilding and energy efficiency that are serving to boost the company’s bottom line and netting it an unprecedented valuation for a vertical software company, according to bankers….
Latch
AvalonBay Communities is one of the largest real estate investment trusts in the world, and NMHC’s third largest apartment owner in the United States. With upwards of 90,000 apartment units across the country, they own and develop multifamily buildings in both urban and suburban environments to appeal to many types of renters.
GlobeSt
An innovative autonomous vehicle research and development hub is coming to Chula Vista. Millenia Smart Park from developer Chesnut Properties will feature small and large drone aerial testing, marine drone testing and an autonomous vehicle testing track along with office buildings and research space.
Wall Street Journal
Hugh Odom is in the middle of a 5G property boom. A former attorney for AT&T and founder of Vertical Consultants, based in Nashville, Tenn., he represents corporations, individuals, municipalities and other property owners who lease the rights for cellular sites to be built on their property.
Smart Cities World
Derivative PATH
San Francisco, CA, March 24, 2021; Derivative Path, a leading provider of capital markets technology and derivatives execution services to mid-sized U.S. financial institutions, has acquired Monetics, an innovative debt management platform servicing commercial real estate participants. The transaction democratizes access to capital markets by streamlining workflow between regional banks, credit unions, and the thousands of commercial clients they serve, while opening new revenue channels for the…
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