Savills-Owned Project Management Firm Macro Taps DeVon Prioleau as Director

Project management firm Macro Consultants, which Savills bought last year, has tapped DeVon Prioleau to join its management team as a director. Prioleau most recently worked as a director for consultant Ferzan Company and joined Macro last week, the company said….

Lucid Motors strikes SPAC deal to go public with $24 billion valuation

Lucid Motors reached an agreement to become a publicly traded company through a merger with special-purpose acquisition company Churchill Capital IV Corp., in the largest deal yet between a blank-check company and an electric vehicle startup.

Making sense of real estate’s SPACe race

Within three weeks, it upsized the offering — twice — before the new blank-check firm closed its $345 million IPO on Feb. 9. “There was a lot of public demand,” a euphoric-looking Brendan Wallace, the venture firm’s co-founder, said during a video call after the IPO.  …

The Great Workplace Migration: McKinsey Report Shows 25% Of Workers May Need To Switch Jobs Post-Pandemic

The coronavirus pandemic has accelerated workplace changes, such as the acceptance of remote work, but a more fundamental shift may be occurring that will displace low-wage workers in record numbers, according to a new report by McKinsey & Co. …

In $1B deal, Autodesk acquires water infrastructure software firm Innovyze

More than 2 billion people across the world lack access to safe drinking water at home, and by 2025 more than two-thirds of the plant’s population will reside in water-stressed areas, the announcement said.

New on CREtech+ Next Week: Harnessing Tech for Affordable and Equitable Housing

Carol Galante, Faculty Director at the Terner Center at UC Berkeley, sheds light on how technology can and should be used to create new and innovative solutions in affordable and equitable housing.

Accelerating climate action: learning from sustainable city leaders

Realogy’s revenue hits $6.2B after housing rebound

Boosted by a surging U.S. housing market, Realogy’s revenue grew 6 percent to $6.2 billion in 2020, the real estate giant said Tuesday. But its net loss ballooned to $360 million from $188 million in 2019, due to Covid-related impairment charges.

The Future of Work Might Look Like This

Deemed the most outdoorsy headquarters ever, REI’s so-called summer camp for adults was maybe too good to be true. The multinational firm NBBJ outfitted the eight-acre campus with fire pits, rooftop terraces, sliding glass doors, exterior staircases, passageways, skylights, and thoughtful landscaping, including blueberry bogs, that reference the site’s agricultural past. A multitude of interconnected workplaces with modular features blurred the lines between nature and the built environment.

Furniture startup Burrow raises $25M

Burrow, a startup that first launched with a modular sofa, eventually aims to sell you furniture for every room in your home. Today, it’s announcing that it’s raised $25 million in Series C funding.