Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
AXIOS
Situational awareness: At the end of today, unless an appeals court grants Uber and Lyft’s request to further suspend a recent ruling ordering them to immediately reclassify drivers as employees, the companies plan to suspend their ride-hailing services across California until at least November’s election.
CREtech
As of 9 AM this morning in New York, over 435 of you have registered from over 60 organizations and two dozen countries, and more are joining every hour. Over the next two weeks, we expect those numbers to more than double, as over 100 projects will be formed to tackle some of the most pressing problems in the world’s real estate industry. Welcome to the CREtech Reimagining Real Estate Challenge. Background The world is in the midst of a crisis unlike anything we have experienced in our li…
NY Post
A deep-pocketed venture-capital firm run by Jared Kushner’s brother watched some of its tech startups rake in millions of dollars in federal coronavirus relief loans — despite the fact that it urged them not to take the cash, The Post has learned.
SquareFoot
This year for many of us has brought ups and downs. Although we’ve spent the better part of it working from home, I am optimistic that the future is bright for the commercial real estate industry. People are coming back to the office at their own pace and with their own specific needs in mind.
TechCrunch
Yac, the digital voice messaging service that launched last year, has raised new money from the Slack Fund as it continues to gain ground among companies looking to give their employees new communication tools for remote working.
Granite
Granite Properties, a commercial real estate investment, development and management company, has launched “Inspire Wellness,” a $10 million comprehensive program to enhance the health and safety of its office buildings and new development projects in response to the pandemic. As part of the “Inspire Wellness” initiative, Granite has retrofitted touchless fixtures, installed UV lighting and is integrating Needlepoint Bipolar Ionization (NPBI) technology to continuously purify the air across Grani…
CREtech
Commercial real estate executive focused on ESG strategy and implementation, climate change, renewable energy, healthy buildings and urban ecosystems.
The New York Times
Catie McKee was nervous. It was last October, and the 31-year-old hedge fund analyst, who had been scrutinizing the mortgages on the nation’s malls, was convinced that some of those malls would default on their loans. She and her colleagues had even bet a substantial amount of money on that likelihood.
Wall Street Journal
This summer, executives at health-care-technology firm Epic Systems announced a plan: Most of the 9,500 employees at its 1,000-acre campus in Wisconsin would be expected back in the office in September. The company, like many others, says its employees do their best work when they can collaborate in the same space. But blowback to the mandate was swift. Employees expressed fears about safety and spreading the new coronavirus. Local health officials questioned the move. So Epic joined legions of …
Crunchbase
Homebuying and selling platform HomeLight acquired listings manager Disclosures.io to launch a new offering called HomeLight Listing Management. Terms of the deal were not disclosed. San Francisco-based Disclosures.io raised about $120,000 since its inception in 2017, according to Crunchbase data. This is HomeLight’s second acquisition, with the company, also based in San Francisco, acquiring mortgage origination and underwriting company Eave, in July 2019….
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