Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
The Real Deal
Fabric, which was founded in Tel Aviv but is now headquartered in New York City, has raised $136 million in funding from venture capital, Business Insider reported. The company has partnered with retailers on last-mile distribution centers, often by repurposing former big-box stores or gyms. (FreshDirect is one of its biggest clients.)
Bizjournals
Landing, which has built up a network of 10,000 apartments in 75 cities across the country and allows members of its service to move between them as often as monthly, has raised another $100 million in funding.
Online Marketplaces
COHO has developed an HMO and co-living management platform. COHO is a next-generation SAAS proptech platform that offers a seamless end-to-end management of HMO properties through AI technology. There are already 600 rooms under management through the system since its beta launch last July.
The New York Times
HEBRON, Ky. — Since the pandemic started nearly a year ago, 15,000 fewer people arrive and depart daily from the Cincinnati/Northern Kentucky International Airport, known as CVG. Yet the 60 percent drop in passenger traffic is not so apparent on the airport’s four runways, which are handling a record amount of air cargo — nearly 4,000 tons a day.
Fifth Wall
In episode 9 of Building to Zero, Brendan sits down with Andrew Beebe, Managing Director, Obvious Ventures. Having focused on clean tech and clean energy solutions for over years, Andrew walks Brendan through why this wave of climate tech is different than 2008 and previous eras of investment. Andrew also shares thoughts around why keeping sustainability at the core of an organization ultimately builds a better business. …
Bisnow
With coworking operators struggling to survive until the UK economy reopens this summer, and WeWork raising doubts about its own long-term liquidity, many landlords may have to confront the prospect of life after their coworking tenants have pulled out.
Fast Company
Last week, longtime Chicago Tribune architecture Blair Kamin announced that his last day at the paper would be January 15. Over the past 28 years, Kamin built a sterling reputation as one of the leading architectural critics in the world. But Kamin took a buyout from the cost-cutting publication, bringing his tenure to an end. That leaves the country’s third largest city without an architecture critic. …
CREtech
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LMRE
A big initiative for Joe Biden following his win is to tackle the climate crisis and implement a national effort aimed at creating the jobs and investment needed to build a modern and sustainable infrastructure to deliver a clean energy future. Some of Biden’s key initiatives to promote sustainability include;
AXIOS
The notion of the car as a “computer on wheels” is moving past the realm of hype and closer to reality, which will transform the driving experience and improve road safety, too. Why it matters: The arrival of long-promised technologies like 5G connectivity and new high-performance computers means cars will improve over time, instead of depreciating the minute they leave the dealer lot.
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