Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
CREtech+
Jeff Kok, CIO at Mill Creek Residential discusses the value of technology companies who are fully committed to their products and solutions, and what he’s most excited about for the future of technology in multifamily residences.
Metropolis
“The power has gone from the employers to the employees,” said Paul Jaskowiak, global director of real estate for Kantar, a 30,000-head international consulting and data company. “Now, post COVID-19, the office has to be a place of destination, an experiential place for the employee.”
WITF-FM
(Media) — It’s 2021, and yet Media, Pennsylvania, has largely maintained that quintessential small-town feel, where everyone knows everyone else. Home to fewer than 6,000 people, the Delaware County seat has long been characterized by its residents as “Everybody’s Hometown.” They point to the many parks, the welcoming downtown area, and the neighborly environment as evidence of the borough’s reputation and sustained success.
Axios
BlackRock, the world’s largest asset manager, said Thursday it’s acquiring a London-based consulting firm’s climate modeling system, Andrew writes.
The Business Journal
The core technology behind CRE Simple Inc., a venture-backed Oakland real estate technology startup that filed for Chapter 7 earlier this year, has a new owner. Habanero CRE Simple LLC, an entity formed in Arizona, purchased the proprietary source code for CRE Simple’s deal-managing platform for $121,000 at a bankruptcy auction earlier this month. The sale closed June 7, according to records from the U.S. Bankruptcy Court for the Northern District of California….
GlobeSt
“Closing our inaugural US discretionary commingled fund represents an important milestone for Trinity as it continues our evolution from a deal-by-deal investor to a global fund manager,” said Sean Hehir, managing partner, president, and CEO of Trinity, in a prepared statement.
Bisnow
Co-living developer and manager The Collective has appointed bankers to review options for the company, including a potential sale, as M&A in a sector hit by the coronavirus pandemic starts to heat up.
Yahoo Finance
NEW YORK, Jun 15, 2021–(BUSINESS WIRE)–UtilizeCore, the first end-to-end automated platform to efficiently power service management, today announced the company has raised $5.3 million. This round was led by boldstart ventures with participation from S12F, Mantis VC and other strategic investors. UtilizeCore helps service management companies seamlessly manage all work streams through a single, consolidated platform….
Canaan
Until recently, it was rare to see robots at construction sites. They’re complex environments to navigate, busy with workers, inherently unstructured and constantly changing. While most buildings are now designed digitally (usually in 3D building information modeling or BIM such as RevIT), actually constructing the physical structure requires translating that digital design to the real world. A key part of this interface between the digital design and physical building process is called “layout”…
PRNewswire
Upflex, the flexible workspace booking platform, has launched in India, thanks to an agreement with ANAROCK, India’s leading independent real estate services firm.
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