Latest in Commercial Real Estate Tech News by CREtech

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2150 closes flagship oversubscribed urban sustainability technology fund with €268m to reshape the urban environment

2150
10/11/2021

2150, the Urban Sustainability Technology Fund, today announces the final close of its oversubscribed flagship fund at €268m ($312m). Funding for the final close comes from new investors including Credit Suisse and a client advised by AIMS Imprint of Goldman Sachs Asset Management, the Norwegian sovereign climate investment company, Nysnø as well as the BMW Foundation and Woven Capital, the investment arm of Toyota’s Woven Planet Group. This final close comes six months after the first close…

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Israeli-based app is making it easier for foreigners to buy US real estate

NY Post
10/10/2021

A new app is making it easier for foreign investors to buy real estate in the United States. Known as Lendai, the platform is described as the first to enable foreign and nonresident investors to finance US properties via an online mortgage approval process.

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How Johnny Hanna co-founded Entrata and Homie

Utah Business
10/10/2021

My mom and dad divorced when I was seven, and I spent my school years growing up in the diverse community of Pueblo, Colorado. I loved playing basketball and competing―basketball was life―I really thought I’d play in the NBA someday. Unfortunately, I was 5’9”, 145 pounds, and surrounded by kids taller and more athletic than I was.

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Procore’s Levelset purchase a “Trojan horse” in battle for market dominance

TheRealDeal
10/10/2021

Procore, the maker of construction management software that went public this year, may pull away from rivals after making its biggest acquisition yet. The California company put up $500 million in September to buy Levelset, a lien payments platform. The deal widens an economic moat around the company and opens prospects for future business in other areas of construction management, analysts said….

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Building Engines Recognized in the Mature Growth Category by CREtech’s Real Estate Tech Awards (#RETAS)

Businesswire
10/10/2021

Building Engines, the leading building operations platform for modern commercial real estate (CRE), today announced the company has been recognized at the Eighth Annual Real Estate Tech Awards (RETAS) as a runner up in the Mature Growth category. The award is presented by CREtech (cretech.com), the world’s leading community of professionals devoted to technological innovation in the real estate sector….

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Graneet thinks construction companies should switch from Excel to its tool

TechCrunch
10/10/2021

Meet Graneet, a French startup that just raised a $2.8 million seed round (€2.4 million) led by Point Nine and Foundamental. Graneet is a vertical software-as-a-service startup focused on the construction industry and the myriad small and medium companies in this industry specifically.

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Second Century Ventures Selects 10 Tech Companies for 2022 REACH Canada Program

NAR
10/10/2021

Second Century Ventures, the strategic investment arm of the National Association of Realtors®, announced Thursday the 10 companies selected for its 2022 REACH Canada program. These firms operate within a diverse range of market segments and specializations, from empowering agents and brokers through the elegant use of data and content, to developing tools that enhance the efficiency and transparency of the real estate transaction.

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Leveraging Data in Retail Trailer

CREtech
10/10/2021

Ami Ziff of Time Equities speaks to innovations that are transforming the way we evaluate, purchase and operate retail properties. Start your free 30-day trial to get full access videos like this.

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Unacast raises $16m in new capital to expand outside the US

Unacast
10/10/2021

Unacast has raised $16m in a new round of funding. We welcome Camber Creek as a new investor, alongside participation from our existing investors and long-standing supporters, White Star Capital and Investinor.

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VTS Selected as a 2021 Real Estate Tech Awards (RETAS) Winner — The Most Prestigious Award In Proptech

Yahoo Finance
10/10/2021

VTS—the commercial real estate industry’s (CRE) leading leasing, marketing, asset management, and tenant experience platform — is pleased to announce that they are a grand prize winner for the Eighth Annual Real Estate Tech Awards (RETAS) in the Mature Growth category, presented by CREtech (www.cretech.com), the world’s leading community of professionals devoted to technological innovation in the real estate sector….

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