Cantor Fitzgerald’s fifth SPAC CF Acquisition V files for a $250 million IPO

CF Acquisition V, the fifth blank check company formed by Cantor Fitzgerald, filed on Friday with the SEC to raise up to $250 million in an initial public offering. The New York, NY-based company plans to raise $250 million by offering 25 million units at $10. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50. The company may raise an additional $10 million at the closing of an acquisition pursuant to a forward purchase agreement with its sponsor. …

Saudi Crown Prince Plans Car-Free City for Future Beyond Oil

The 170 kilometer-long (106 miles) development called “The Line” will be part of the $500 billion Neom project, the crown prince said in a televised speech on Sunday. Construction is planned to start in the first quarter.

Toll Brothers CEO on How COVID-19 Has Changed Housing

The housing market is one of the starkest examples of the disparate impacts of the pandemic on America’s citizens. In August, the Aspen Institute released a report that estimated 30 million to 40 million Americans were at risk of eviction in coming months “in the absence of robust and swift intervention.”…

TODAY: Exclusive One on One Conversation with Michael Beckerman and Brendan Wallace

Who should be vaccinated next? We think we should.

Like many Americans, I have gotten emotional watching videos of health care heroes receiving COVID-19 vaccinations. After a long year, we can finally see a glimmer of light at the end of the pandemic tunnel. As our healthcare heroes have been out in front of the public health emergency, we are happy to see that these front line members of the workforce are afforded early access to the vaccine.

Fifth Wall, Tastemaker Form SPACs To Fund CRE Deals

Fifth Wall, a Los Angeles-based proptech investor, is forming a special purpose acquisition company, or blank check company, to expand its presence in that sector, Bloomberg reports. The size of the SPAC hasn’t been made public yet, but SPACs, an investment vehicle whose use dramatically accelerated in 2020, often have hundreds of millions of dollars at their disposal….

How to Break Into CRE Technology as a Career

The commercial real estate technology industry is rapidly growing. We asked some of Real Estate Forum’s 2021 CRE Tech Influencers how to break into the budding market.

Positive ‘tipping points’ could help us mitigate climate change

Over the last few years, the planet has blown past or come dangerously near to climate tipping points—irreversible levels of damage that then also create even more warming. But just as there are moments of no return that tip us over into climate disaster, the inverse exists as well. On the path to climate recovery, there are benchmarks that could set off a cascading series of technological advancements that would rapidly cut our carbon emissions. …

Smart city developer acquires digital services company

Proptech company Planet Smart City, that designs and builds smart affordable neighbourhoods, has completed the acquisition of Djungle, a digital services developer. Djungle specialises in the design of digital solutions for customer engagement and loyalty in the retail sector.

The Rising Build-to-Rent Market Boom

For years, single-family home builders have lamented that they can’t build affordable, first-time starter homes and still make a profit. That started to change in 2019, when, after sales of luxury and move-up homes dwindled in 2018, builders such as Meritage, Lennar, and KB Home followed the lead of D.R. Horton’s Express brand and pivoted toward entry-level product. The surprising part was they were even able to make money doing it.