Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
The Real Deal
Eight properties and two additional limited liability companies tied to the German co-living firm filed for Chapter 7 bankruptcy on Friday, according to court records. Under Chapter 7 bankruptcy, companies cease operation and liquidate all eligible assets to repay creditors.
Crunchbase
Funding for startups and growth-stage private companies in North America held up at historically high levels last year. Even amid a pandemic, widespread unemployment, and escalating small-business closures, investment was up year over year across all stages from early and beyond.
Wall Street Journal
Many developers look at failing malls and envision modern office campuses, bustling warehouses or residential buildings. But some are finding that converting these shopping centers isn’t so easy.
CREtech
In this CREtech Consulting Talk episode, hear from several of our world-class Consultants, Advisors and guest speakers as they share insights on how landlords and developers can best generate an ROI on their tech adoption strategies. Learn more about how to select technology solutions that will drive an immediate return to a company’s bottom line while also creating great efficiencies and measurable results. …
RegTech Africa
Nigerian prop-tech startup, Spleet is expanding to Ghana, Rwanda and Kenya this year as it transitions towards an Airbnb-style self-hosting model for Nigerians travelling abroad. Founded in August 2017 from the need to find rentals with flexible payment options in Lagos as opposed to the usual one or two year upfront payment options, Spleet allows homeowners to rent out rooms to vetted individuals, while also helping people easily find places to stay.
Wall Street Journal
When I arrive at the office of IDE Corp., a 28-person company that provides consulting and professional development to teachers and school administrators, founder Nancy Sulla greets me warmly, then takes me on a tour, introducing me to her employees as we go.
Margulies Perruzzi Architects
In Volume 4 of our workplace research we identify the process and team members necessary to determine how much space companies will need as they plan their future real estate needs. This report provides insight from some of our key industry partners.
Bloomberg
Abu Dhabi’s giant Yas Mall isn’t the most obvious location for embracing nature. The sprawling complex, which houses a 20-screen cinema, leads to a Ferrari-themed amusement park.
The Real Deal
Fabric, which was founded in Tel Aviv but is now headquartered in New York City, has raised $136 million in funding from venture capital, Business Insider reported. The company has partnered with retailers on last-mile distribution centers, often by repurposing former big-box stores or gyms. (FreshDirect is one of its biggest clients.)
Bizjournals
Landing, which has built up a network of 10,000 apartments in 75 cities across the country and allows members of its service to move between them as often as monthly, has raised another $100 million in funding.
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