The Print, Vol. 202
Blueprint: The Future of Real Estate
Real estate industry tech event and digital platform, driving value for founders, VCs, and progressive industry players
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
With nearly $3.4 billion from the climate law, the U.S. General Services Administration is working to slash emissions from building operations and construction. (Canary Media)
A surge in commercial-property foreclosures is suggesting that the bottom is near. Lender portfolios of foreclosed and seized office buildings, apartments and other commercial property grew 13% in the second quarter. (WSJ)
Can AI deliver real-time risk warnings for CRE portfolios? (Bisnow)
On Bloomberg Markets, Era Ventures Managing Partner Clelia Warburg Peters discusses opportunities in property technology. (Bloomberg)
Google’s newest office in New York offers a peek into the company's changing culture and its vision for the future of work. (WSJ)
Why Levittown didn't revolutionize homebuilding. (Construction Physics)
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BLUEPRINT'S EARLY STAGE STARTUP SHOWCASE
Submit your startup to be featured at the Blueprint Vegas 2024 Early Stage Startup Showcase! Six cutting-edge early-stage startups will be chosen by LAB Ventures and 75 & Sunny Ventures from the Real Estate and Construction sectors to showcase their startups and pitch their solutions in front of a panel of investor judges and the Blueprint audience. Deadline to Submit: Friday, August 16th.
Click here to learn more and apply.
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RAISES, BUILDS AND TEARDOWNS
Cove, a property operations and tenant experience platform for real estate owners and operators, has closed a $6M post-Series A round. (Commercial Observer)
Perchwell, a NYC-based provider of a modern data and workflow platform for residential real estate, has raised $25M in Series B financing. (FINSMES)
Specialty Building Products is seeking to raise as much as $750M in an initial public offering and has filed confidentially with the SEC. The company is a distributor of products used in home construction. (Bloomberg)
Grazzy, an Austin, TX-based provider of a digital payments platform for hospitality and service-focused businesses, raised $4M in Seed funding. (FINSMES)
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T3 TECHNOLOGY SUMMIT
The T3 Technology Summit's third-annual pitch battle Sept. 29th - Oct. 1st in New Orleans will showcase the hottest and newest technology in residential real estate brokerage. This is a must-attend event for VCs and investors eager to discover their next diamond in the rough! Register today at t3techsummit.com -- use code "bp100" to save $100.
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JOB MOVES AND NEW HIRES
SmartRent has announced a CEO transition plan under which Lucas Haldeman has stepped down from his position as Chief Executive Officer and resigned from the Board of Directors. The Board has initiated a search to identify the next CEO. (Press Release)