Adult Proms, Yoga And A Yacht: Sharing Is Caring In The New Co-Living Paradigm

When Jords Day moved to Los Angeles a year ago, he didn’t know a single person. Like many aspiring artists with stars in their eyes, the 24-year-old native of Essex, United Kingdom, came to Los Angeles to pursue an entertainment career in singing and songwriting.

The rise of the C-suite in city halls

From Oakland to Chattanooga tech-focused C-suite roles are rising in popularity among city halls.

Why it matters: As the private sector raises expectations for fast and reliable services, the public sector is working to adapt, adding roles like chief technology officer, chief information officer, chief data officer, and chief analytics officer.

[Download Report] UK PropTech Midyear Report

UK companies raised $254.7 million in 2019 Q1-Q2, representing 35% of all venture capital investments (dollar volume) in Europe and 1.7% of all dollar volume in the global PropTech market.  Quarter over quarter, the median deal size increased by nearly 78% to $1.3 million.  On the heels of a dark Brexit cloud, overall, through the first half of 2019, venture capital investments in private market real estate tech companies declined by an estimated 64%. …

WeWork’s Largest Markets Brace For IPO Impact

LONDON and NEW YORK — In 2010, the biggest office tenants in these two metropolises would have been just as recognizable in 1910, and sum up the history of these places. In New York, it was JPMorgan Chase, the bank founded by the financier who helped fund the creation of modern America. In London, it was HSBC, the former Hong Kong and Shanghai Banking Corp., a company that ties together London with its former Far East colonial empire.

New Technology Tracks Leasing Agent Activity

LeaseHawk has launched Agent AI, a new AI tool to track leasing agent performance. The tool measures leasing agent call performance on all first-time prospect calls to ultimately identify gaps in leasing agent performance and reduce their dependency on costly phone shops. For the past 7 years, LeaseHawk scored the call performance on over 25,000 unique leasing agents on over 5 million calls and leveraged the enormous set of data to build the machine learning models that are now used in the ne…

iBuyer startup Opendoor launching new home loan program

Opendoor, an instant-homebuying startup with a valuation of $3.8 billion, is moving into lending. The company announced its newest program, Opendoor Home Loans, on Thursday, promising it would make the process of securing a mortgage quicker, simpler and more transparent. Through the Opendoor app, consumers can determine if they pre-qualify for financing, regardless of whether they planned to buy a property through the iBuyer or in the wider market. Opendoor buys homes from individuals and …

The Collective Wins Consent For Latest Scheme In Mission To Hit 100,000 Co-Living Units

Co-living developer The Collective has received planning consent for its latest London scheme, taking its pipeline past 8,000 units. The company received planning consent this week from Wandsworth Council for its 292-room Garratt Mills scheme in Earlsfield, West London. It has received planning for three new London schemes this year in Earlsfield, Harrow and Hackney Wick, taking its open or under development UK portfolio to more than 2,000 rooms.

Alphabet Dips Its Toe Into Infrastructure Investing

The technology giant is teaming up with its subsidiary, Sidewalk Labs LLC, and Ontario Teachers’ Pension Plan to launch an infrastructure holding company that is being spun out of Sidewalk. Sidewalk Infrastructure Partners, as the new firm will be known, will focus on investing in what the group calls technology-enabled infrastructure, the partners said. The firm, which will be funded initially through financial commitments from each of the three partners, will aim to invest in advanced mobil…

Growing Investment Searching for the Golden Ticket

How would you invest in housing? Would it be a wager on massive disruption? More convenience? A bet on streamlined regulation or policy? Improved access to capital? There are dozens of more ways. More and more investment is being aimed at real estate because of the massive opportunities – housing is in high demand and low supply. A recent Forbes article pointed out that in 2010, the total investment in real estate technology was estimated to be $33 million, and just seven years later, more th…

Six Surprising Data Sources Probably Being Overlooked In Your Multifamily Analysis

Data is the lifeblood of property analysis. From local demographics to employment statistics, the real estate industry has long relied on established metrics of conventional analysis to evaluate multifamily assets. But are traditional methods of analysis truly delivering the greatest possible value to the industry? In a world being transformed by advances in data science and artificial intelligence, there’s a veritable treasure trove of untapped data sources that can supplement our analys…