CREtech Briefs February 8, 2022 - Revere Closes $5M Seed Round, Warehouse Space Is the Latest Thing Being Hoarded + More

Today's Headlines

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NEWS | Commercial Observer

Digital Capital Markets Platform Revere Closes $5M Seed Round

Proptech startup?Revere, an online marketplace for capital markets professionals, announced Monday that it has closed a $5 million seed round, led by?RET Ventures. The Manhattan-based networking and transaction platform seeks to bring greater access, transparency and efficiency to the?$1.6 trillion global real estate investment market.

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NEWS | Pitchbook

Landlords are betting workers will choose the office over the metaverse

Chances are good that you work on a team whose offices have been pretty quiet or even empty for most of the past couple years.

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NEWS | Cortex Intel

Cortex Building Intelligence Announces Name Change to “Cortex Sustainability Intelligence”

Cortex has rebranded to reflect the fastest and lowest cost path to decarbonizing office buildings across North America

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NEWS | CREtech

Applying the World’s Best Tech to CRE, Part 1

Niraj Patel, Chief Information Officer of Greystone, discusses how changing expectations are driving tech adoption and advancements in CRE.

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NEWS | The Guardian

America’s hottest city is nearly unlivable in summer. Can cooling technologies save it?

Phoenix’s new ‘heat tsar’ is betting on less asphalt, more green canopy and reflective surfaces to cool the sprawling heat island

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NEWS | New York Times

Warehouse Space Is the Latest Thing Being Hoarded

Logistics firms are finding new options to deal with a scarcity of storage, including building multistory facilities and choosing locations farther from coastal ports.

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NEWS | Wired

Now Physical Jobs Are Going Remote Too

Advances in artificial intelligence and other technology allow machines to be operated from far away. The trend could spell trouble for workers.

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NEWS | GlobeSt

Data and Analytics Are Fueling Off-Market Multifamily Deals

It is no secret that the pandemic cemented multifamily as the darling of commercial real estate investment. Its strong performance has driven a new level of exuberance for apartment investment, and off-market transactions have always been one tool that investors have used to win deals.

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NEWS | Bizjournals

Denver home services company announces 4,000-store Walmart partnership

The Denver-based home services giant is trying to meet customers where they are: Buying physical home-improvement products in box-box stores.

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NEWS | CNBC

Metaverse real estate sales top $500 million, and are projected to double this year

Sales of real estate in the metaverse topped $500 million last year and could double this year, according to investors and analytics firms. Real estate sales on the four major metaverse platforms reached $501 million in 2021, according to MetaMetric Solutions. Sales in January topped

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