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Fifth Wall’s managing director of real estate technology investment talks to Property Week about the venture capital firm’s fund launch, the three ‘buckets’ of proptech and what the post-Covid future holds.
The race is on to become the next Tesla Inc. Tens of billions are riding on the outcome. Investors from Wall Street to the Motor City are betting that a field of electric-car startups can emulate the rise of Elon Musk, who sits at the wheel of a company that is on track to sell 500,000 battery-powered vehicles this year and turn its first-ever annual profit.
Fintech startup Obligo has completed a $15.5 million funding round, with $2 million coming via debt from Viola Credit. The round was led by Israeli venture capital firm 10D, with the participation of 83 North and Entrée Capital, who both also invested in the company's seed round. Several real estate investors from the U.S. also took part.
Mizuho Financial Group Inc. is set to trim its Singapore office space, as the Japanese bank looks to revamp the workplace in global financial centers in the wake of the pandemic.
Tech companies in smaller cities are starting to see an uptick in applications from candidates living in San Francisco and New York—areas that have long had a grip on tech talent. Deepinder Singh, founder of a Bloomington, Minn.-based startup, had never bothered trying to recruit Silicon Valley tech workers.
StreetEasy has another new competitor. LX Collection is a new platform that aims to sell luxury condominiums in a handful of cities to wealthy homebuyers across the globe.
DALLAS—Gensler’s Research Institute conducted an anonymous online survey among more than 2,300 US workers to understand where and how the future workplace will operate. This survey’s goal was to shed light on the continuing role of the physical workplace in a post-COVID future.
As the pandemic causes many to rethink their housing choices, accessory dwelling units (ADUs) — or granny flats — are seen as viable options for multigenerational housing or singles who want to get out of apartment buildings.
In less than a year, New York City streeteries have quickly developed from colorful wood fences around chairs and tables to covered, cabinlike structures — and bubbles — with lighting, planters, and heating.
A surge of Covid-19 cases this fall has brought reports of new challenges in getting coronavirus tests. But for employers, testing availability and turnaround times do not appear to be the main obstacles.