More Than 4,000 Jobs Cut in Mortgage Lending Industry Purge
The Real Deal
The giant sucking sound in the home loan industry grew louder Wednesday when Sprout Mortgage told employees it’s going out of business.
Latest Trends and Insights in Real Estate Technology
Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
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JLL Spark announces more than $340M in investments across portfolio to date, marking fourth anniversary
JLL Spark
SAN FRANCISCO, Jun. 29, 2022 – JLL Spark Global Ventures, the corporate venture arm of JLL, is marking the fourth anniversary of the launch of its global fund by announcing that it has invested over $340 million across 40+ proptech startups since June 2018.
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How Equiem One Reinvents the Workplace Experience
Equiem
For too long, managing commercial buildings has been complicated by tangled webs of conflicting systems. Now, Equiem One brings TenX, building ops, and analytics together in a single, streamlined package. Workplace Experience innovator Equiem has just announced Equiem One, billed as the next great leap for the industry. The powerful new tool aims to bring every element of the commercial space onto a single, powerful platform that can be shared by every stakeholder within the workplace ecosystem…
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Attend the largest real estate tech networking conference, CREtech New York, this October 12-13
CREtech
Join us in New York City on October 12th and 13th for two days of the most exciting in-person event in the world of real estate technology and innovation. No other event brings together so many landlords, asset managers, brokerages, construction companies, tech startups, venture capitals, thought-leaders, and more all under one massive roof.
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Pina Earth gets seed backing to grow sustainable forestry carbon credits
TechCrunch
YC-backed climate tech startup Pina Earth has closed a $2.5 million seed round of funding a year after being founded and a few months since it presented at the accelerator’s Winter 2022 Demo Day in March.
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New App Encourages Better Use of Building Data Through Nudging
GlobeSt
Microshare announced a new app: React-M, which “pushes recommendations, alerts and scoring data directly to relevant teams and professionals, allowing for prompt and targeted reactions and providing an important link between the Internet of Things (IoT) data that Microshare’s solutions produce and Business Process Management (BPM) programs,” according to a company press release.
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Jargon buster | What is machine learning?
PlaceTech.
Maurice Grassau, CEO of Architrave, cuts through the buzzwords and hype to explain what machine learning is and what its use is in real estate.
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The Week’s 10 Biggest Funding Rounds: Electrify America Charges Up With Huge $450M Round; Twelve Raises Large Round To Transform Carbon
Crunchbase
As inflation continues to push energy prices higher, and both consumers and companies look for ways to cut carbon emissions, investors’ interest in energy and ways to cut down on the use of fossil fuels was high this week. Three startups in the ecosystems of energy and carbon emissions made it into the top five. While companies in that realm did well, it was another slow week in funding. The final four companies made the list with raises less than $100 million. …
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What Coyote’s data reveals about… Covid’s impact on office rents
PlaceTech.
In a new series exploring the depth of market insights among tech providers, Coyote shows what its data can tell us about office rents since the start of the pandemic. Coyote’s software helps real estate teams store, manage and analyse any data relevant to them (such as leases, occupancy and deal pipeline). By extension, it gives Coyote itself a deeper understanding of market trends.
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Microshare launches React-M app to aid BPM and behavioral change
Microshare
Harnessing Microshare’s Sensing Network data to address labor shortages and sustainability PARIS, July 6, 2022 – A powerful new app that links Smart Building data and Digital Twins with practical business operations debuts today at the LoRaWAN World Expo in Paris, launched by Philadelphia-based Microshare, a leading Smart Building technology and sustainable data firm. The new app, dubbed React-M, pushes recommendations, alerts and scoring data directly to relevant teams and professionals…
