Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Fin Ledger
ProDeal, a virtual deal-closing platform for commercial real estate, has raised $4 million in growth capital, allowing it to successfully exit the National Association of Realtors’ (NAR) scale-up program. The fresh funding will allow ProDeal to increase headcount, boost business development and marketing efforts, and widen its market share, the proptech revealed….
Wall Street Journal
Warehouse giant Prologis Inc. plans to generate more revenue from renting out equipment and providing other add-on services as it benefits from strong demand amid ongoing supply-chain strains.
The Real Deal
Bankrupt co-living company The Collective sold its Williamsburg development site for $54 million, allowing it to avoid foreclosure and even net a small amount of cash.
Crunchbase News
Not only were new unicorns minted at a breakneck pace in 2021, but they were created in early-stage funding rounds at an unprecedented rate. While nearly 600 new unicorns were minted last year, about 18 percent were companies reaching that status after an early-stage funding round—defined as seed, Series A or Series B, according to Crunchbase data. Last year saw more than 100 unicorns created through early funding rounds, nearly 5x the number in 2020….
Colliers
Digital payment platforms provide consumers with an efficient and secure form of convenience to pay for goods and services without the hassle of carrying credit cards and cash. Software-based payment systems store user payment data and passwords in an encrypted online lockbox, accessible from their smartphones.
PR Newswire
Livly, Inc., the Chicago-based technology company offering the first unified operating system for multifamily residential, student housing and condominium properties, announced the launch of a new collaboration with map visualization technology leader Engrain, to optimize Livly’s solution for property managers….
Bloomberg
Buildings with the highest U.K. performance ratings are using far more energy than those with the lowest ratings, according to recent data. It’s a disparity that shows the limitations of current green building standards.
Madame Architect
Annie Koo is the Innovation Lead at Catalyst Housing Group, where she is focused on scaling Catalyst’s essential housing platform across the full spectrum of housing affordability, from homelessness to homeownership. Prior to Catalyst, Annie was the Director of Housing at Sidewalk Labs, the former urban innovation arm of Alphabet, where she oversaw residential program and product development. While at McKinsey from 2014 to 2018, she served public finance and housing institutions on strategy and…
Wall Street Journal
Investors set a record for U.S. commercial-property sales last year, betting that the pandemic is reordering how Americans live, work and play. Real-estate buyers loaded up on warehouses, which serve as fulfillment centers for the e-commerce boom. They bought apartment buildings to capitalize on record high rents. They paid up for resorts and vacation-oriented hotels that benefited from the resurgence in travel to leisure destinations.
Subscribe to CREtech to get our monthly newsletter curated by our editors and special event discounts and announcements.
or sign in if you're already a member
REGISTRATION IS OPEN FOR EUROPE 2030: SHAPING THE FUTURE OF THE BUILT WORLD IN LONDON ON JULY 1, 2025