Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Business Times
Construction management platform Hubble has raised S$11.35 million in Series B funding, with new investors including Taronga Ventures, Kajima Ventures, the venture arm of Japan’s Kajima Corp, and Seeds Capital, the investment arm of Enterprise Singapore.
TechCrunch
Companies like Opendoor opened the door to a new way of buying and selling properties by inserting a strong middle player who could buy houses or apartments and redevelop them at scale, and then sell them to new homeowners at a profit. Now Clikalia, another player in the so-called iBuyer space, has raised €75 million ($86 million) to take that model to markets in Europe and Latin America.
PR Newswire
EasyKnock, the leading residential sale-leaseback platform, today announced a $57.2 million funding round from a large group of new and existing investors with participation from Blumberg Capital, Gaingels, Moderne Ventures, QED Investors, and Viola FinTech. Some notable individual investors also contributed to the round including Zillow co-founder Spencer Rascoff’s 75 & Sunny Ventures.
TechCrunch
OMERS Ventures’ Principal Michelle Killoran has long been looking for a construction tech startup to invest in. The space is intriguing to her, but so far, she has not come across a company whose model has been compelling enough to convince her to pull out her checkbook.
Axios
Here’s the big winner that’s emerging in the post-pandemic working world: co-working space companies, Erica Pandey writes. By the numbers: 24% of companies surveyed in a new CBRE report say they expect more than a quarter of their office space to be flex within the next two years.
Wall Street Journal
Remember the off-site meeting? For some companies, those traditional company gatherings at hotels, spas and other exotic locations are pointing the way to a new, innovative model for getting employees back to working in person.
Silverstein Properties
Silverstein Properties, a leading real estate development, investment and management firm, today introduced contactless access to its 7 World Trade Center office building through employee badge in Apple Wallet. Silverstein’s employee badges in Apple Wallet allow users to easily access its office buildings, tenant floors, fitness centers and amenity spaces using their iPhone or Apple Watch. Starting at 7 World Trade Center, the company plans to offer the service to its 50,000 office customers …
CSA
At ICSC’s biggest show of 2021 in Las Vegas last December, one booth, crammed to its borders with visitors, shone out as the rock star of the event. That was the booth of Placer.ai.
TechCrunch
The exodus of executives at Better.com continues. TechCrunch has learned that Sarah Pierce, who served as executive vice president of customer experience, sales and operations, and Emanuel Santa-Donato, who was senior vice president of capital markets and growth, are no longer with the digital mortgage company….
TechCrunch
For many of us, our home is by far our biggest asset, and in the world of fintech, that’s led to a logical extension: when you need money, borrow against that biggest asset. Today, a London fintech called Selina, which provides flexible capital to consumers on five-year terms against up to 85% of the value of their homes — so-called Home Equity Line of Credit (HELOC) loans — is announcing $150 million in funding on the heels of making $100 million in loans out to homeowners….
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