The Print: Vol. 201

Welcome to The Print, Blueprint's weekly curation of the most important things going on in real estate and construction technology. We hope our newsletter will keep you informed as we shine a light on the newest innovations and opportunities that exist in the built world.

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QUICK HITS

• Jamie Hodari won the flex office race by playing it safe. Now Industrious sees a moment of opportunity as coworking players reshuffle after WeWork bankruptcy. (The Real Deal) 

• Property fraud allegations have started to snowball as CRE values fall. Higher interest rates and a rise in defaults have exposed more schemes. (WSJ)

• Apartments could be the next real estate business to struggle. Owners of some rental buildings are starting to have issues because of rising interest rates and waning demand in some once booming Sun Belt cities. (NYT)

• The cost of title insurance on homes is out of sync with the risk, and the Biden administration is seeking to waive a requirement on certain mortgage refinancings. (WSJ)

• From blueprint to biodegradable: Proptech’s influence on eco-friendly construction. (Tech Bullion)

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BLUEPRINT'S BUILT WORLD CHALLENGE

The Built World Challenge, which will debut at Blueprint Vegas 2024, showcases how the latest technologies can solve real world problems today. This year's judges represent some of the best known brands, and jointly represent $400B+ in real assets. In this challenge we will be looking for solutions relating to everyone's favorite, inescapable topic, Generative AI.  Submissions are open now! Deadline to submit is Friday, July 19.    

Click here to learn more and submit your pitch for consideration.

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RAISES, BUILDS AND TEARDOWNS

• Scaler, a platform for decarbonising real estate with machine learning, ESG data collection and reporting, has raised $10M in Series A funding. (Tech.eu)

• Rent2Cash, an Italy-based rental advance platform for landlords, has raised $3M in pre-seed equity and debt funding. (FINSMES)

• Cement and concrete decarbonization startup alcemy has raised $10M in new funding to scale its solution. (Tech.eu)

• MRI Software will acquire Capita One, a supplier of solutions across the UK public sector that optimize asset lifespan. (Facilities Management)