Where top VCs are investing in real estate and proptech (Part 2 of 2)

Techcrunch | November 15, 2019

In part two of our survey that asked top VCs about the most exciting investment areas in real estate, we dig into responses from 10 leading real estate-focused investors at firms that span early to growth stages across real estate specific firms, corporate venture arms, and prominent generalist firms to share where they see opportunity in this sector

Spotlight

Long & Foster is the largest real estate company in the Mid-Atlantic region and the largest independently owned real estate company in the U.S.

Spotlight

Long & Foster is the largest real estate company in the Mid-Atlantic region and the largest independently owned real estate company in the U.S.

Related News

REAL ESTATE TECHNOLOGY

Coretrust Pioneers Bi-polar Ionization Technology That Purifies Elevator Air In Its Office Buildings In Collaboration With Elevator Company Partners

Coretrust Capital Partners | September 27, 2021

Coretrust Capital Partners is one of the first office building owners in the country to install bi-polar ionization generators that purify the air within all elevator cars at its large office properties in Philadelphia, Los Angeles and Pasadena. Coretrust collaborated with three leading elevator companies to pioneer the innovative technology since each of its buildings has different elevator suppliers. The bi-polar technology produces a natural bio-climate rich in positive and negative oxygen ions, each with an electric charge like those that exist in nature. The generator sends these ions into the entire elevator cab through the ventilation system. This is a pure and natural air purifying process that effectively restores the natural balance of ions in the air and neutralizes bacteria and virus cells, molds, odor causing particles, aerosols, and VOCs, Ricci states. Fujitec installed the IONFUL developed with the Sharp Corporation, to purify elevator cab air and decrease the risk of inhaling airborne pathogens at 2 Liberty Place in Philadelphia. Several efficacy reports over the past 15 years proved ionization effectiveness in mitigating the transmission of airborne pathogens including viruses, bacteria and fungi. - Joseph Rennekamp, Vice President, Operations, Fujitec America, Inc In addition, Coretrust worked with the three companies to completely overhaul and modernize all elevators at its three buildings: FourFortyFour South Flower Street in Los Angeles; 2 Liberty Place in Philadelphia; and PASARROYO office campus in Pasadena CA. The elevator companies also installed touchless destination dispatch systems in each car, allowing tenants to use personalized access cards to call cars to their respective floors without touching buttons. The elevator bi-polar ionization program is just one of the smart technologies that Coretrust has incorporated into its buildings to create a safe and healthy workplace for its tenants. Technologies include ADIBOT UV-C Robots placed in sensitive areas at night to disinfect air and surfaces against COVID-19 and other harmful airborne pathogens. The robots -- the first to be deployed at any office building in the country -- are created and manufactured by UBTECH Robotics, a global leader in intelligent humanoid robotics and AI technologies. A central element in achieving virtually hospital grade indoor air quality at all Coretrust properties is the patented Biowall MAX, an Ultraviolet Germicidal Irradiation Air Disinfection system by Sanuvox Technologies, Inc., a global leader in ultraviolet air purification. The Biowall MAX sterilizes 99.9 percent of airborne bio-contaminants and virtually eliminates the HVAC (Heating Ventilation Air Conditioning) system as a mode of virus transmission in buildings. Along with the Biowall MAX, Coretrust further enhanced indoor air quality by installing the highest effective MERV air filters allowable at each building, making frequent fresh air purges and allowing maximum fresh air ventilation throughout the day. A major Coretrust innovation was hacking the curtain wall of the FourFortyFour tower to create a 1,000-square-foot terrace that brings fresh air and sunlight into the 22,500-square-foot Workplace Innovation Lab on the sixth floor. Similar fresh air indoor terraces can be created for occupants at all our properties as desired, said Ricci. Coretrust also has added automatic doors, touchless parking garage entry, touchless security access for visitors and touchless restroom fixtures for tenant health and safety. Its comprehensive programs to create a safe office environment have earned Coretrust the first three global UL Verified Healthy Buildings Marks for Indoor Air and Water Quality for FourFortyFour, 2 Liberty Place and PASARROYO. The buildings also have earned U.S. Green Building Council LEED Gold Certification, GBAC STAR™ accreditation from the Global Biorisk Advisory Council, a division of ISSA, and WELL Building Health-Safety certification. These certifications by third party independent organizations recognize Coretrust's technologies and operating processes that prioritize building occupants' safety and wellness. Coretrust believes its comprehensive commitment to health, wellness and sustainability distinguishes its properties as Smart, Safe and Beautiful and among America's Best Workplaces, Ricci concludes. About Coretrust Capital Partners Coretrust Capital Partners, LLC is a Los Angeles-based private real estate operating company formed in 2014 by three original partners of Thomas Properties Group, Inc. Coretrust, a Registered Investment Advisor, provides fiduciary investment management services to institutional clients in both co-investment and separate account vehicles targeting opportunistic, value-add, core plus and core strategies in the office sector. Coretrust targets acquisitions in major urban centers located in the West Coast, Southwest and the Mid-Atlantic regions.

Read More

REAL ESTATE TECHNOLOGY

Cherre's Real Estate Data and Analytics Platform Wins Real Estate Tech Award for Data

prnewswire | October 23, 2020

Cherre, the award-winning real estate data management platform, today announced that they are a Seventh Annual Real Estate Tech Awards winner in the data category, presented by CREtech (cretech.com), the largest event, data and content platform in the commercial real estate tech industry. This is the third consecutive year that Cherre has been a category winner, previously receiving RETAS in the AI, Geospatial and Mapping, and Information and Intelligence categories. Sponsored by JLL Technologies, the Real Estate Tech Awards are the leading international award honoring excellence in commercial real estate tech. The awards recognize the most cutting-edge companies who have played an integral role in advancing tech in the industry throughout the year.

Read More

Starboard Commercial Real Estate Announces Sale of 893 Folsom Street in San Francisco

prnewswire | October 21, 2020

Starboard Commercial Real Estate, privately owned and locally-based San Francisco commercial real estate firm, announced the sale of 893 Folsom Street, located on the Folsom Street Corridor in the SOMA neighborhood of San Francisco.This centrally located property offers more than 12,293 total square feet and quick and convenient access to both Caltrain and BART, as well as several popular restaurants, bars, and specialty cafes. The property also includes an additional 8,500 square foot lot, allowing for future development including housing, office space, hotel lodging, or mixed-use.

Read More