CREtech Community in the News: Weekly Edition - April 12, 2024
Top Built World Innovation Headlines
Discover the latest top headlines of the week on how technology is influencing the real estate sector. Curated daily by our team of industry experts.
The Biden administration has unveiled a significant allocation of $20 billion, part of a larger $27 billion "Greenhouse Gas Reduction Fund," aimed at financing clean energy and pollution-reducing projects across the United States. This initiative is the largest single non-tax investment outlined in the 2022 climate law and holds particular importance as it targets disadvantaged communities that are often disproportionately affected by pollution.
New data reveals the organizations responsible for the largest share of global CO2 emissions from 2016 to 2022. Investor-owned companies like ExxonMobil, Shell, BP, Chevron, and TotalEnergies, along with state-owned entities including Saudi Aramco, Gazprom, Coal India, National Iranian Oil Co., and Rosneft, top the list. Saudi Aramco leads with a 4.8% share of global CO2 emissions.
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This article discusses the settlement reached by the National Association of REALTORS® in mid-March, where they paid $418 million in damages and amended their commission rules for real estate agents as a result of lawsuits brought by home sellers. The settlement has sparked discussions about the potential impact on the traditional 6 percent commission model and how it may affect proptech in the residential real estate sector.
Sasha Jokic , founder of Cosmic Buildings, draws from 15 years of expertise in construction robotics, architecture, and academia to address the challenges of home construction. With a focus on sustainability, he aims to revolutionize the industry with the Cosmic One ADU, designed to be self-sustaining and stylish. Featuring solar panels, water recycling, and air ventilation systems, this prefab offers a modern living experience.
Coyote Software, an InvestorFlow product is proud to announce its acquisition by InvestorFlow , a premier cloud-based platform serving alternative investment firms. This exciting development signifies a significant step forward in our journey. By joining forces with InvestorFlow, we gain access to expanded resources, expertise, and networks, empowering us to enhance our vision and better support our valued customers.