Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Fool.com
With about 300 special-purpose acquisition companies, or SPACs, looking for companies to take public, property technology company Latch chose TS Innovation Acquisition (NASDAQ:TSIA). In this Fool Live video clip, recorded on March 8, Fool.com contributor Matt Frankel, CFP, asks Latch CEO Luke Schoenfelder why the Tishman Speyer-sponsored SPAC could be an excellent fit for this fast-growing business. …
GlobeSt
Sundar Pichai, CEO of Google and Alphabet, has announced that the company plans to invest more than $7 billion in offices and data centers across the US this year. In the process, it will create at least 10,000 new full-time Google jobs in the US in communities that are new to Google, while also expanding in others across 19 states.
Wall Street Journal
One of the ironies of the smartphone revolution has been how little the companies that built the 4G networks underpinning it benefited. While having to invest heavily in stronger signals, mobile operators have struggled to charge customers for downloading more data. Despite a recent bounce, stocks such as Verizon Communications in the U.S. and Vodafone VOD -1.39% in Europe have massively underperformed their host stock markets over five years. …
CREtech+
Join us for our first webinar, An Introduction to CREtech Climate: Exploring the Case for Decarbonizing the Built World and Promoting ESG Initiatives. We will explore our collective mission to decarbonize the Built World by promoting the adoption and investment of climate technologies as well as the importance of sustainability/ESG initiatives. CREtech and CREtech Climate CEO, Michael Beckerman, will welcome real estate industry leaders from Fifth Wall, EY, Savills, Building Transparency, an…
Information Age
As innovation has become paramount, digital technologies delivered by Proptech startups have been helping real estate companies to speed up processes and decrease complexity for themselves and their customers since the dot.com boom. Over the past year, with Covid-19 affecting operations and leading to offices closing, organisations in the space have needed to evolve further, and implement more flexibility to stay competitive and maintain customer experience.
Brendan Wallace
BIG ANNOUNCEMENT: Fifth Wall partnered with the Urban Land Institute and CREtech / CREtech Climate to launch the first-ever survey to measure how much real estate companies are investing into Climate Tech. This will bring accountability to an industry where there are a lot of grandstanding sustainability claims made by real estate firms BUT THOSE CLAIMS ARE NOT BACKED UP WITH ACTUAL INVESTMENT IN R&D/CLIMATE TECH. Real estate firms often conflate / are…
CREtech+
In Part 3 of The Value of Innovation with Will O’Donnell, Will shares advice for early-stage tech companies and what excites him most about the future of the real estate tech sector.
Bisnow
A D.C.-based startup that turns underutilized restaurant and hotel space into flexible workspaces has raised its seed funding round. WorkChew announced Wednesday it raised $2.5M in a funding round to help it expand across the country.
Dror Poleg
This ridiculous prediction is premised on a brilliant analogy: The fax machine made it easier for people to share more written stuff, but it turned out people just didn’t have anything interesting to share. Why wouldn’t the Internet uncover a similar dearth of content?
Wall Street Journal
Lumber, one of the biggest costs in home-building after land and labor, has never been more expensive and is more than twice the typical price for this time of year. Crude oil, a starting point for paint, drain pipe, roof shingles and flooring, has shot up more than 80% since October. Copper, which carries water and electricity throughout houses, costs about a third more than it did in the autumn. …
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