Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Technical.ly
How does a founder and company leader go about telling their employees they’ve been acquired in the middle of a pandemic? Well, you pick up the phone, of course, if you’re Felicite Moorman, CEO of STRATIS IoT, which was recently acquired by Texas-based real estate software company RealPage….
Estates Gazette
When he does talk, he talks at length. Always slow, always considered and always with exceptional candour. It is an oratory style well placed to recount one of the most influential creative success stories in British history.
Bisnow
The use of autonomous vehicles for last-mile delivery services has the potential to transform U.S. consumer shopping behavior and generate as much as $4.1 trillion in value by 2035, according to a new economic impact study from global consultancy Steer Group.
Commercial Observer
The fourth-tallest building in the United States north of New York City is going up on the site of what until 2018 was the largest municipally owned parking garage in Boston. New York-based developer Millennium Partners is building a 691-foot, 1.4 million-square-foot mixed-use tower in the garage’s place.
The Real Deal
Short-term office company Regus put half a dozen of its New York City workcenters into bankruptcy as the company seeks Chapter 11 protection for upwards of 100 locations across the country.
Forbes
B8ta cofounder Phillip Raub spent the last five years seeking to reinvent retail stores, opening retail-as-a-service, data-driven showrooms for online brands. Now he wants to disrupt the furniture industry.
The Propcast
In this episode we talk to Mike Sroka of Dealpath and John Fitzpatrick of Blackstone about deals and investments within PropTech.
Bloomberg
Amazon.com Inc. plans to open 1,000 small delivery hubs in cities and suburbs all over the U.S., according to people familiar with the plans. The facilities, which will eventually number about 1,500, will bring products closer to customers, making shopping online about as fast as a quick run to the store. It will also help the world’s largest e-commerce company take on a resurgent Walmart Inc.
Pulse – Connell McGill
After years of limited traction despite promising ROI, indoor environmental quality is enjoying its moment in the spotlight. However, even with the heightened attention, conversations with owners and operators have all the tell-tale signs of an “early market.”
Bisnow
A joint venture backed by Ivanhoé Cambridge has put together a €650M ($773M, £598M) funding package for a 1.4M SF office development that is being developed with no tenants lined up. And here’s the kicker — it is built entirely from wood.
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