Latest Trends and Insights in Real Estate Technology

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  • Sandeep Mathrani’s first TV interview as WeWork’s CEO on future of work

    CNBC Television

    WeWork CEO Sandeep Mathrani joins “Squawk Box” for his first TV interview as chief executive to discuss the future of work during the coronavirus pandemic, how offices may evolve as well as founder Adam Neumann’s lawsuit against SoftBank. WeWork CEO Sandeep Mathrani told CNBC on Tuesday the company has paid its rent in over 80% of its locations in April and May, as the coronavirus outbreak swept the globe. “The remaining locations, we’re just in discussions with our landlords in a friend…

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  • GreenGen Ventures Announces Equity Investment in Wynd Technologies

    Business Wire

    GreenGen Ventures, the venture capital arm of Green Generation (GreenGen), today announced it has structured and invested in a new round of financing for Wynd Technologies, a standard-setting global air purification and measurement startup with products featured in Apple and Best Buy stores. The investment was made by a fund under GreenGen’s management….

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  • Uber Makes Takeover Approach to Grubhub

    Wall Street Journal

    Uber Technologies Inc. UBER -2.07% is seeking to acquire Grubhub Inc. GRUB -5.83% in a deal that would unite two of the biggest players in the cutthroat meal-delivery business at a time when the coronavirus pandemic has sparked a surge in demand for their services….

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  • In Case You Missed it, Read the Highlights from CREtech Talks: The VC Perspective Part 3

    CREtech

    The global pandemic has exerted unprecedented disruption in just a few months across multiple countries, economies, and real estate companies. Public and private financial markets have been met with extreme volatility and many of today’s real estate tech startups, their clients, and investors have been left trying to understand the near and long term impact on the industry. In a recent CREtech Talk: Perspectives in a Time of Uncertainty webinar, four of the most active investors in real estat…

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  • Airbnb-backed Zeus Living Sees Valuation Halved

    The Real Deal

    The company recently raised roughly $15 million at a $110 million valuation from existing investors including CEAS Investments I and Soros Fund Management, according to Bloomberg. That’s down from a $205 million valuation in December.

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  • US deal makes British virtual viewings firm one of most widely distributed proptech platforms in the world

    The Negotiator

    British virtual tours firm EyeSpy360 has bagged a second distribution deal for its service after being added to a major estate agency software company’s suite used by 1.4 million realtors across America. The deal follows last week’s news that the London-based proptech firm had signed a similar but global deal with US estate agency giant RE/MAX, which has 11 branches in the UK….

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  • If Remote Work Sticks Around, Multifamily Needs To Change, Developers Say

    Bisnow

    Larger or at least more efficient units, ample outdoor space and different unit mixes all may join coworking space as aspects of multifamily properties’ post-pandemic future, experts said during Bisnow’s weekly Bay Area webinar last Thursday afternoon.

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  • Briq Aims To Bring Fintech To Construction Industry With $10M Series A

    Crunchbase

    Briq, which has developed a fintech platform used by the construction industry, has raised a $10 million Series A led by Blackhorn Ventures, the company told Crunchbase News exclusively.

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  • JLL Layoffs Hit Capital Markets Group

    The Real Deal

    JLL laid off roughly three dozen people in its New York City office — the first such cuts at any of the big commercial services firms during the pandemic. The Chicago-based firm made the…

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  • Workplace Re-entry Planning, Using Cloud-Based Technology

    Saltmine

    Corporate real estate teams have dedicated the last few weeks to answering the question “how do we bring teams back to work”? It’s no easy feat. It requires planning through multiple scenarios and making sense of complex data. Teams are responsible for quickly developing data-driven solutions for phased re-entry that align with new physical distancing requirements. Cloud-based planning technology can help…

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