Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
The Real Deal
Direct investment in commercial real estate typically has been reserved for the wealthy and connected. But LEX allows everyday investors to buy and sell shares of individual commercial assets for as little as $250, without required holding periods.
BuildingEngines
Boston – Building Engines, a market-leading provider of building operations software for modern commercial real estate (CRE), today announced expanded functionality of its Prism platform with an advanced, fully integrated HVAC management solution. Owners, operators and tenants will now be able to streamline and automate the entirety of the HVAC maintenance and compliance lifecycle within Prism, offering full visibility of all equipment and building systems with accurate and consolidated data….
Bloomberg
A push by the private equity industry to measure its effect on the environment and society is gaining steam.
Axios
It’s not just WeWork anymore. A slew of new companies are joining the office-as-a-service business. Driving the news: Daybase, a startup founded by WeWork alums, opened its first hybrid workspace in my hometown, Hoboken, N.J., this week, Erica Pandey writes.
Colliers
Property managers have always been jack-of-all-trades. But ever since the COVID-19 pandemic sparked significant changes in commercial real estate, REMS (Real Estate Management Services) professionals have been working through an accelerated evolution that will carry us all into the future. More than ever, they’re assisting landlords and tenants in meeting today’s demands with action, innovation and a forward-looking mindset. In this podcast, you’ll learn how REMS, a CRE field that’s always seeme…
CREtech
Menno Lammers, Founder of PropTech for Good, unpacks the mission and core objectives behind PropTech for Good and initiatives such as the Ambassador Network. Menno also discusses Society 5.0 and its implications on PropTech and the built world.
OCR
With golden shovels and white hard hats, city leaders and mall executives scooped up clumps of red-brown earth from a metal bin and tossed them into the air, marking the start of construction of a new 309-unit apartment complex on a parking lot at Santa Ana’s MainPlace Mall.
CNBC
LVMH Chief Executive Bernard Arnault said Thursday that the metaverse could become a business opportunity for the luxury giant, but “we have to be wary of bubbles” and “we have to sound a note of caution.”
CREtech
Jones is not just another certificate tracker. Jones is a liability solution. For commercial real estate owners, managers and developers who need to solve insurance certificates for everyone in the value chain, Jones is the simplest liability solution ever made. To learn more about Jones visit: https://getjones.com/
Businesswire
VendorPM, a software-enabled marketplace that modernizes the way property managers manage, source and procure service vendors, announced its $6 million seed round, led by Bessemer Venture Partners as well as leading proptech and real estate investors. This investment will support VendorPM’s continued product innovation, hiring of exceptional talent, as well as expansion plans into targeted growth markets across the US….
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