NOW LIVE! What’s Next in Construction Tech, Part 3
CREtech+
Justin Saeheng, Head of Construction Technology at Stanley X sheds light on what market trends are affecting the construction industry most and how they are combating the labor shortage.
Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
CREtech+
Justin Saeheng, Head of Construction Technology at Stanley X sheds light on what market trends are affecting the construction industry most and how they are combating the labor shortage.
Matt Ellis
Matt Ellis Founder & CEO at Measurabl The purpose of my original post in August 2020 was to share my personal experience with diversity, equity and inclusion while building a startup. I hoped it will help other founders recognize opportunities I missed and build better companies out of the gate as a result. I’m happy to report that we’ve made notable progress on some of the goals I’ve outlined below, which I’ve detailed at the end of this post. I have six wonde…
PlaceTech
Flexible office marketplace Hubble has hit £10m in total funding after a £2m Pi Labs-led top-up funding round. Pi Labs was joined by existing backers JLL Spark and Starwood Capital. JLL Spark had previously led a £4m investment into Hubble as its first European investment.
Forbes
Can a new CEO, half a billion dollars and the support of some of Utah’s most successful entrepreneurs push a longtime under-the-radar software business into the global ranks of software breakouts? Eighteen-year-old Entrata, a maker of property management software, is about to find out.
The Wall Street Journal
General Motors Co. plans to expand its offices in Southern California with the opening of a new tech campus next year, reinforcing its need for additional physical space as many companies shift more permanently to remote work. GM said Tuesday the new $71 million campus, which will replace its existing design center in North Hollywood, Calif., will allow it to grow its workforce in the area and help it expand business ventures related to electric and self-driving cars. It will be located on an…
The Wall Street Journal
Related Cos., one of the largest owners of affordable housing in the U.S., is acquiring as much as a 9% stake in healthcare provider CareMax Inc. as part of its plan to develop scores of senior health centers in underserved urban communities throughout the U.S. Related, a developer of office buildings, malls and upscale apartments as well as affordable housing, will act as an investor, adviser, developer and, in some cases, landlord of CareMax health centers. As part of the deal, Related will…
TechCrunch
Ask anyone who runs a fulfillment/warehouse robotics company what companies’ top motivation is for embracing automation and they’ll probably cite labor shortages or shipping speeds. The looming truth of the matter boils down to one word: Amazon. And while it’s true that smaller businesses are feeling the worst crunch, no one is immune to the online retailer’s dominance. Not even Walmart.
Bisnow
A crowdfunding platform called School of Whales launched June 25, aiming to let people with limited funds begin investing in commercial real estate, but it was no easy task for the platform’s principals. The founders who made School of Whales a reality, allowing people to invest in CRE with as little as $500, worked for two years to build out the platform and comply with financial regulations, and two of them took time to discuss the process with Bisnow.
The Real Deal
Compass is getting into the digital mortgage origination business. Three months after its initial public offering, the brokerage on Tuesday launched OriginPoint, a partnership with nonbank lending giant Guaranteed Rate….
PlaceTech
The flexible office software provider has raised about £30m in net proceeds through a primary share placing – with an open offer for an additional £2m underway.
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