Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
TechCrunch
Parking can often feel almost laughably old-fashioned, with some lots still hiring an attendant to collect fees and check for valid tickets. Even when parking lot owners try to modernize — using an app, for example, or a credit card machine to take payment — they must deal with a whole array of providers to manage hardware, payment processing and marketing, all separately.
CREtech
Ami Ziff of Time Equities relates utilizing technology to learning to ride a bike, and shares how his team overcomes both new and old technology hurdles.
Bisnow
Acknowledgment of climate change and the risks it poses for property owners and investors, especially through flooding, is growing, and through a major new Federal Emergency Management Agency policy change involving flood insurance, the federal government is adding to that awareness.
New York Times
House hunters are attracted to the hassle-free living and lack of down payments, but there’s a trade-off: They give up the investment of owning a home.
Taronga Group
Top tech investors are putting their confidence in Zerv Access Solutions as the company secures $15 million in funding to continue its goal of digitizing and streamlining access and security systems with limitless applications.
Placetech
VTS, the global proptech software provider, has launched its marketing and leasing platform VTS Market in the UK, having signed up several industry-leading asset managers.
Placetech
Two leading US and European tenant experience platforms are set to merge, with HqO announcing its acquisition of Office App to create a company valued at more than $500m.
New York Times
Two years after WeWork’s attempt to become a public company flamed out spectacularly, the co-working giant started trading on the stock market on Thursday, hoping that investors will now believe in its prospects.
TechCrunch
You’ve heard of neobanks. Meet the neolender. One of the newest is London-based Proportunity. It’s now raised a $150 million mixed debt and equity funding round ($7 million equity financing and $143 million in debt), on top of its $10 million debt round in 2020. The round was led by VentureFriends, Kibo Ventures and existing investors Anthemis, Entrepreneur First as well as new U.K. proptech investors Amro Partners. The startup plans to use this funding to grow its team, as well as increase its…
Commercial Observer
RodRadar, an Israel-based construction tech startup that uses sensor technology to help construction crews avoid striking underground utility lines, announced Tuesday that it has raised a $6 million Series A round, led by Brick & Mortar Ventures. The contech firm will use the financing to complete product engineering and start selling the technology, said Moshe Dalman, CEO and co-founder….
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