Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
The Real Deal
James, a former vice president at Realtor.com where she managed the site’s New York City market strategy for five years, was also part of Trulia’s founding team. She replaces REBNY’s former RLS chief, John Canniffe, who departed last month after a one-year stint.
LPC Ventures
The world stooped into convenience mode in 2020 and food delivery was the beneficiary. Takeout and delivery as a percentage of restaurant sales has skyrocketed as a result of COVID-19 and that trend continues to grow. COVID catalyzed the trend to the point that since February, 43% of total sales volume for restaurants was through online ordering. How did people receive these orders though? Did they meet the driver for an awkward hand-off? Did the driver leave it outside their door? Did they come…
Suffolk
Suffolk Capital–Technology announces inaugural four-week program to help tech startups solve industry challenges, expand networks and showcase solutions BOSTON, MA, September 9, 2020 — Suffolk Capital-Technology (“Suffolk Tech”), the technology investment arm of innovative construction enterprise Suffolk, announced the launch of its “Boost” program for startups in the built environment. Boost is an intense four-week mini-accelerator program that will bring together promising technology…
Microsoft
Today, Microsoft is joining Allianz, Amazon and S&P Global in announcing plans to launch the Climate Finance Foundation, a new initiative led by the Linux Foundation to build the OS-Climate Platform. This initiative leverages open-source analytics and open data to empower the investment community, as well as NGOs, academia and others, to help better model companies’ exposure to climate change. Microsoft is committing to sharing its significant and relevant sustainability data to advance the …
Wall Street Journal
A new group of U.S. companies is pledging to add a Black director to their boards within the next year in a bid to diversify and help accelerate more inclusion in corporate America. Zillow Group Inc., ZG -0.01% Nextdoor.com Inc., HopSkipDrive Inc. and Heritage-Crystal Clean Inc. HCCI 1.05% are among public and private companies signing on to the Board Challenge, a pledge for boards to add a Black director within one year. In addition to those 17, more than 20 other companies with Black directors…
The Real Deal
The shared-office giant’s CFO Kimberly Ross, who took the position in March, will be stepping down at the end of this month, WeWork announced Wednesday. The company said Ross, a 25-year veteran of the corporate finance world, is leaving “for personal reasons.”
Bizjournals
CoStar Group Inc. CEO Andy Florance netted nearly $20.5 million from selling stock in his D.C.-based commercial real estate data company across a two-day period last week, according to a federal filing.
CREtech
IOTAS, premier provider of cutting edge integrated Smart Apartment Technology solutions, teams up with leaders in connectivity, access control, management, and other property technologies to explore options available for today’s multifamily and mixed-use assets, and how to pull the pieces together to create optimal experiences for residents and management teams alike.
Openpath
Openpath’s access control hardware and enterprise cloud-based software give you peace of mind and protection to reopen your doors with confidence. Fast. Reliable. Hands-free.
The New York Times
Even as the coronavirus pandemic appears to recede in New York, corporations have been reluctant to call their workers back to their skyscrapers and are showing even more hesitation about committing to the city long term.
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