With an ARR topping $250 million, LA’s vertical SAAS superstar ServiceTitan is now worth $8.3 billion

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 Partner to Create an Affordable, Tech-First Resident Experience

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.

Chesnut Properties Pioneers Autonomous Vehicle Hub in Chula Vista

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.

Property Owners Look to Lease Space for Cellular Equipment

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.

Platform aims to help cities plan their climate action

Derivative Path Acquisition Empowers ‘Main Street’ with Greater Access to Capital Markets

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…

Remote Work Is Here to Stay. Manhattan May Never Be the Same.

Spotify’s headquarters in the United States fills 16 floors of 4 World Trade Center, a towering office building in Lower Manhattan that was the first to rise on the site of the 2001 terror attacks. Its offices will probably never be full again: Spotify has told employees they can work anywhere, even in another state.

Get ready for the return of the office

A strange thing is happening, thanks to the pandemic. While everyone is stuck working from home, some of the country’s largest tech companies are snapping up real estate like nobody’s business.

Pacaso raises $75M, goes from launch to unicorn in 5 months

Pacaso, a less-than-one-year-old startup that is out to give more people a chance at second home ownership, announced Wednesday that it has received $75 million in growth funding at a $1 billion valuation. Greycroft and Global Founders Capital co-led the $75 million in equity financing, which is notable for a few reasons.

David Martin, Sponsor StreetBeats

CrowdStreet’s Darren Powderly is joined by David Martin, CEO of Terra, to discuss the demand drivers for the South Florida market, the migration patterns into the area, and how Terra is positioned to capitalize on that move and the current outlook on retail real estate. …