WeWork’s New CEO Is Eyeing an IPO Again – After He Turns Profit

WeWork is on track to turn profitable in 2021 and will then revisit plans for an initial public offering, Chief Executive Officer Sandeep Mathrani said, a year after the startup’s IPO fiasco prompted the ouster of his predecessor.

How much would it cost to move every home in the U.S. to zero-carbon e

HqO Wins Prestigious Award in Commercial Real Estate Tech

HqO, the end-to-end operating system for commercial office buildings, is pleased to announce that they are a Seventh Annual Real Estate Tech Awards (#RETAS) winner in the Office category, presented by CREtech (cretech.com), the largest event, data, and content platform in the commercial real estate tech industry….

Artificial Intelligence Is Used To Understand The Geospatial World To Improve Business And Governmental Performance

Recently, there was brief news about Microsoft Flight Simulator and a tower more than 200 stories tall – created by a typo. As funny as that was, it missed the larger picture. Google Earth started a trend that has continued, and the virtualization of the world has proceeded at a rapid pace. It is now to the point where real business benefit is being gained by such work, supporting the application of artificial intelligence (AI) to even more problems….

Delinquent Mall Owners Face Foreclosure

More lenders are starting to deliver a stern new message to delinquent mall owners: time to pay up. During the early months of the pandemic, lenders were willing to allow rent deferrals and offer other concessions to retail property owners. Retail cash flow would return once the initial lockdown period passed, lenders figured….

CoStar plots international push with Emporis buy

Commercial real estate data giant CoStar Group has acquired real estate data company Emporis, a move that will boost its European presence. Germany-based Emporis has data on 700,000 buildings records across 100 countries, CoStar said Tuesday.

Evolving Reddit’s Workforce

Earlier this year, Reddit had to evolve with the unexpected challenge of going 100% remote. Our employees, or Snoos as we’re known, rose to the occasion, adapting our business and the way we work together quickly to help Reddit come out stronger on the other side. Evolve is one of our company values and we have always challenged ourselves to continuously make our culture and work experience better.

Camber Creek Closed $155M Fund

Camber Creek — an early backer of proptech startups including VTS and WhyHotel — has raised $155 million from investors for its third and largest fund.  The venture capital firm said the fund was oversubscribed; it set out to raise $120 million last year. Institutional investors including the Texas Employees Retirement System invested in the fund, which is four times the size of Camber Creek’s first two funds combined. …

In a Battered New York Office Market, Life Science Is Flourishing

With state and city government support, developers are building laboratories for medical research and incubator spaces for biotech start-ups amid the race for a coronavirus vaccine.

The Millennial Dilemma

‘The Millennial Dilemma’, a seminal study exploring the future of North American cities by forecasting where the Millennial generation will live and why. Millennials have proven themselves to be a resilient generation, struggling to make the best choices for themselves and their families within the constraints forced upon them. In the wake of COVID-19, they are being tested like never before.