Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Wall Street Journal
Logistics automation provider Berkshire Grey Inc. is planning to go public through a merger with special-purpose acquisition company Revolution Acceleration Acquisition Corp. that would value the robotics company at $2.7 billion.
Amenify
Amenify, a platform for powering lifestyle services within luxury residential properties, recently announced that Devin Wirt has joined to lead all sales for the company. Mr. Wirt was previously CEO and Founder at TFLiving which is a technology-enabled amenities company focused on fitness and social gatherings for tenants. Mr. Wirt led the growth of TFLiving to over 200,000 units and 40 states. “I could not be more excited to be working with the Amenify Team.” Mr. Wirt said, “They’re seeing i…
Lane
This week, Lane launched “Going Flex: A Guide for CRE.” In this report, they explore how leaders in commercial real estate can go beyond room bookings to create a thriving flex space offering that keeps their customers coming back.
CREtech+
Will O’Donnell, Managing Partner of Prologis Ventures, addresses what types of technology solutions are most important to him, how innovation is a key component to his success, and what he’s most excited about for the future of real estate technology.
Bisnow
One month before the coronavirus pandemic began, proptech startup Swivel raised $8M to launch its digital office leasing platform nationwide. The start of the crisis in March stunted the company’s expansion as office landlords cut back on spending, Swivel CEO Scott Harmon told Bisnow, but the startup has now landed three new partnerships that he says will help it take off….
PlaceTech.
Flexible workspace software provider essensys saw strong growth in its US business in the six months to January despite the pandemic’s impact on parts of its operations, the company said in a trading statement.
Commercial Observer
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….
TechCrunch
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.
The Real Deal
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. …
Bisnow
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. …
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