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Of the $50 million in funding that Kasa Living Inc. has raised, $30 million in new Series B funding was led by Ribbit Capital and $20 million in Series A funding was led by FirstMark Capital less than a year ago.
When the economy sputtered with the coronavirus pandemic‘s spread this spring, unemployment surged as employers laid off workers by the thousands. Amazon took a different tack, hiring 400,000 workers to stow, sort, pick, pack and deliver goods from its warehouses across the country, and pushing its total employee count over 1.1 million people.
Build to rent developer Moda Living has formed a technology partnership for its UK £2.5bn residential portfolio with the global tech giant. There is now a pipeline supplier agreement in place for more than 60,000 appliances spanning Moda’s neighbourhoods.
People will likely return to the office more quickly than expected and that will help boost the price of some commercial real estate, according to J.P. Morgan Asset Management.
The city of Chicago faces a long winter with diminished economic prospects, but conditions are set to improve with a vaccine and a return to something resembling normal life next year, according to experts.
If ever there was a time to talk about sex and gender issues in New York City real estate, it’s now. The topics were thrust onto the national stage in October when news broke that Hollywood boss Harvey Weinstein had allegedly sexually harassed and abused dozens of women for decades, using his power in the industry to threaten their careers if they didn’t comply with his demands.
Named after Denver artist Henry Read, The Henry in Platt Park is located on a 4-acre, triangle-shaped lot in an industrial redevelopment area on the edge of Denver.
JLL has announced the hire of Chief Product Officer Sharad Rastogi to lead JLL Technologies (JLLT). Based in San Francisco, Rastogi will lead product strategy and engineering execution of JLLT's revenue-generating technology offerings, helping to unlock data-driven insights and experiences, while improving the efficiency and ROI of clients' real estate portfolios.
Tech giants Facebook and Google are pulling out their checkbooks to back a modular housing startup. Factory_OS, which aims to build apartments more efficiently and for less money, announced the Series B Friday.
Andreessen Horowitz (a16z) has closed a pair of funds totaling $4.5 billion, the firm confirmed in a blog post this morning. The firm has raised $1.3 billion for an early-stage fund focused on consumer, enterprise and fintech; and closed a $3.2 billion growth-stage fund for later-stage investments.