Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Commercial Observer
But, instead of building houses, or trucks, or rocket ships, they had formed the colorful tiles into makeshift laptops. They were playing Zoom school. After some negotiation over who got to play the teacher, the five-year-old began goofing off in front of his Magna-Tile screen, and his three-year-old sister threatened to put him on mute.
CREtech+
Kristen Magni, Managing Partner of hyrUP, advises tech companies in the CRE space on what is most important to consumers, and what technology she is most excited about.
TechCrunch
As a longtime real estate developer based in Chile, Benjamin Labra was able to spot gaps in the buying and renting markets in Latin America. To meet demands, he started Houm, an all-in-one platform that helps homeowners rent and sell their properties in the region.
GlobeSt
Vornado Realty Trust has priced an offering of $750 million in green bonds. The net proceeds of approximately $743 million, which is expected to close on May 24, 2021, are intended to be allocated to eligible green projects. Pending that allocation, Vornado says the net proceeds are slated to be used for the repayment of the $675 million mortgage on theMART.
SIOR New Jersey
Jason Crimmins, SIOR, CCIM, President of the SIOR New Jersey Chapter discusses technology, climate and the importance of innovating with Michael Beckerman, CEO of CREtech.
Bisnow
Construction documentation and analysis company OpenSpace grabbed $55M in a Series C funding round led by Alkeon Capital Management. Other Series C contributors include PSP Partners, GreenPoint Partners, New World Development, Lux Capital, Menlo Ventures, JLL Spark, Navitas Capital and Zigg Capital.
Bisnow
Notorious for their massive energy requirements, data center operators began to seek alternate methods of powering the structures more than a decade ago. While companies like Google and Microsoft have been investigating the efficacy of water-powered data centers for some time, the concept didn’t come to fruition until the recent launch of a seven-megawatt data center created by Nautilus Data Technologies….
The Real Deal
Bluebook Cities is looking for 2,000 people — selected based upon applications — to “settle” its charter city, according to the New York Post. The company said it is “building the city that Silicon Valley deserves.”
Wall Street Journal
Rich Lesser, the chief executive officer of Boston Consulting Group, gathered with his executives Friday in the wake of the CDC’s new guidance that says vaccinated Americans no longer need to wear masks and observe social distancing in most instances.
CREtech
CEO of the World’s Leading Real Estate Data and Information Company Will Share Company Expansion Strategies and State Of The Tech Marketplace at Major Tech Conference in NYC New York, NY (May 14, 2021) — CREtech, the world’s leading community of professionals devoted to technological innovation in the real estate sector has announced that Founder and CEO of CoStar Group, Andrew Florance, will deliver the opening Keynote Presentation at its first in-person real estate technology conference sin…
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