Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Bisnow
As Dallas-Fort Worth-based Footprints Floors watched the coronavirus pandemic shut down large swaths of the economy, the installer of wood floors, laminates and carpets feared a steep loss in business. After all, employees are unable to enter clients’ properties to conduct project estimates.
Recode Decode Podcast
VaynerMedia CEO Gary Vaynerchuk talks with Recode’s Kara Swisher about the impact of covid-19 on entrepreneurship, why he stopped investing in tech companies two years ago, and how the pandemic could have a silver lining — separating the winners from the losers. Vaynerchuk also talks about why tech and Fortune 500 businesses will have an easier time weathering the crisis than restaurants and other small businesses; his own rise to fame as a “web 2.0” entrepreneur and how he’s changing his own M….
Wall Street Journal
Airbnb Inc. is raising $1 billion in funding from private-equity firms Silver Lake and Sixth Street Partners as the company reels from a global hit to its business caused by the coronavirus pandemic.
Rise Buildings
To help communities stay connected and informed in our new normal, Rise Buildings is making our communications suite available for free to all properties. Rise will also cover costs associated with text, automated voice call, and related server needs. This #RiseFeature is one of the 6 ways properties are using Rise to navigate uncertain times….
CREtech
The global economy is going through, what feels like, a natural disaster. In a recent CREtech Talk: Perspectives in a Time of Uncertainty webinar, four of the most active investors in real estate tech, including Merrit Hummer of Bain Capital Ventures, Travis Connors of Building Ventures, Daniel Fetner of Corigin Ventures, and Dave Eisenberg of Zigg Capital, shared their views on the impact of the recent pandemic on the real estate tech industry, venture capital strategies, and offered tips &…
GlobeSt
Cornerstone Projects Group, Trident Structures and Stream Realty Partners recently released development plans for Triune Centre, a six-floor 30,000-square-foot class-A office development. Triune Centre is the first office development in the United States to feature an automated valet parking garage located at 3400 West Freeway.
MillionAcres
Real estate has always been a process that is document-intensive. But in a world where paper documents and in-person meetings are suddenly dangerous, the world of real estate closings is changing rapidly.
Bisnow
The Menlo Park, California-based company said Thursday it has laid off or furloughed 3% of its global workforce as the coronavirus pandemic continues grinding economies to a halt. “As parts of our business shut down, we unfortunately need to make some reductions in personnel through layoffs and furloughs,” Katerra CEO Michael Marks said in a statement.
Bisnow
A new study found that people in states and cities that implemented social distancing guidelines stayed away from office, retail and other types of commercial buildings after the order.
Fast Company
While she’s studying for a master’s degree at Northwestern University, Christine Kaya Hewitt and her husband, Jason, have been renting out three of the four bedrooms in their house outside Kansas City through Airbnb.
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