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MRI Software completes acquisition of Castleton Technology Plc to expand social housing offering in the UK and beyond

MRI Software
6/12/2020

London – 8 June, 2020 – MRI Software, a global leader in real estate software solutions, has completed its acquisition of Castleton Technology Plc, a leading provider of specialist software and services for the social housing sector, after receiving shareholder approval. MRI’s acquisition of Castleton, along with that of Orchard Information Systems in March, extends its offering in the social housing market in the UK, Ireland, and Australia. The combination boosts MRI’s ability to empower social…

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Trade Hounds Raises $3.2M To Become The ‘LinkedIn Of The Construction Industry’

Crunchbase
6/12/2020

Corigin Ventures and Brick & Mortar Ventures co-led the financing, which also included participation from industry giant Suffolk Construction and CCS Construction Staffing. The financing brings Boston-based Trade Hounds’ total venture funding raised to date to about $4.9 million, the company said….

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Is PropTech the Solution to Real Estate’s COVID-19 Slump?

Sapphire Ventures
6/12/2020

COVID-19 has had an immediate impact on almost every industry. Almost overnight, consumers and professionals alike have rapidly adopted new technologies and tools to communicate, transact, work and live. The real estate industry is no exception, but probably not how you’d think.

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Haus Secures $15.75M in Series A Funding

Finsmes
6/12/2020

Haus Services, Inc., a San Francisco, CA-based real estate co-investor offering liquidity and affordability to homeowners, closed a $15.75M Series A funding round. The round was led by BlueRun Ventures, joined by Assurant Growth Investing, Leap Global Partners, Correlation Ventures, and H.Barton Asset Management, as well as existing investors Expa, Montage Ventures, and RIT Capital. With this new investment, Jonathan Ebinger of BlueRun Ventures will join Haus’s board of directors….

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Seattle construction tech startup HeadLight raises $25M to grow photo-based inspection software

GeekWire
6/12/2020

Construction technology startup HeadLight announced a $25 million investment round from Viking Global Investors to help scale its photo-based inspection software.

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Hamish, run this iPad across the West End for me, I know black people are fast’

EGI
6/12/2020

As a young black surveyor in the industry I tolerated comments like this. The more transparent racism I had encountered in the past was replaced by microaggressions: subtle but offensive comments directed at a minority, often unintentionally or unconsciously reinforcing a stereotype. “Hamish I get you, I know where you have come from, I’m sure you have always been above average, but only because you have been surrounded by below average people, and here that is no longer the case.” This individu…

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As the real estate data space heats up, Reonomy taps a new CEO

The Real Deal
6/12/2020

Real estate data firm Reonomy has tapped a new chief executive, as the company looks to scale up and meet higher demands for information as the market recovers. Founder Rich Sarkis, who previously held the CEO title, said in a LinkedIn post that Bill Okun would take over as chief executive.

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The Pandemic Froze Demand For Office Proptech, But Reopening Is Creating A Surge In Adoption

Bisnow
6/11/2020

Proptech companies such as Openpath, Eden, HqO, Jones and Arc that cater to the … The Pandemic Froze Demand For Office Proptech, But Reopening Is Creating A Surge In Adoption … June 11, 2020 Jon Banister, Bisnow Washington, D.C..

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Watch the Demos Now from Virtual Demo Day

CREtech
6/11/2020

Watch the videos from Virtual Demo Day on Tuesday, June 9 to experience demos from the most innovative tech companies in commercial real estate. Virtual Demo Day is the best way to discover startups that you need to know about without leaving your desk. Plus, it’s FREE!

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Audrey Gelman Resigns as CEO of The Wing as Employees Voice Anger

Vice
6/11/2020

Audrey Gelman, the co-founder of The Wing, resigned from her position as CEO on Thursday, as employees publicly voiced their anger with the company’s “systemic” mistreatment of people of color and said must do more to fix the upper-class women’s co-working space. “The resignation of Audrey Gelman as CEO of the Wing is not enough. The systemic issues at The Wing extend beyond one individual,” The Wing’s organizing employees said in an email to VICE.

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