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Seattle appraisal startup Aloft lands $20M from real estate heavyweights

GeekWire

The news: Seattle-based real estate startup Aloft raised $20 million to grow its software platform used for home appraisals. The founders: Aloft is led by CEO Travis Soukup , a former Facebook manager who spent time at moving and storage company Clutter, and more recently at real estate startup Modus (acquired by Compass).

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JLL reinvents itself for the AI era

CIO Business Intelligence

City skyscrapers and office parks may remain scarcely occupied in the post-pandemic work era, but commercial real estate player JLL’s business is not slowing down, thanks to the company’s embrace of technology and high-growth opportunities to adapt and prosper. Commercial real estate covers many different things,” Morin says. “We

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Week in Review: Most popular stories on GeekWire for the week of Jan. 8, 2023

GeekWire

Zillow, Redfin, and the real estate market: 5 trends to watch in 2023. The once high-flying real estate market sputtered in 2022, dragging many real estate tech companies down with it. for new Seattle data storage startup. … Read More. Ex-Apple engineers raise $7.5M … Read More.

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Here’s what employers are cutting instead of your job

Vox

Companies are cutting back on real estate ahead of a potential recession. In the last three months, Dumbo Moving downsized about 200 offices into storage and about another 100 into smaller office space. For now, instead of layoffs, expect big cuts to everything else — especially real estate and remote software.

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CIOs Ponder If They Should Ever Return To The Office

The Accidental Successful CIO

Big companies would save on real estate costs, but they might struggle to outbid smaller companies for the best talent if traditional office perks like free food and bike storage are no longer as essential as they once were. Each time the centralized office building proved to be surprisingly resilient.

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Meet the unicorns: A look at the 15 Seattle-area startups that boast valuations over $1 billion

GeekWire

Hint: They are in the real estate, consumer internet, transportation, clean tech and gaming categories). Industry : Real estate. 2021 : Real estate startup Place comes out of nowhere with $100M round, led by Goldman at $1B valuation. Industry : Cloud data storage. Can you name the five other startups?

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Google’s answer to the problems of open plan offices? Inflatable walls

The Verge

(Though this is often a pretext to cut costs by cramming as many workers into pricey real estate as possible.) The mix of inflatable privacy shields, fabric air ducts, dynamic hot-desks, clip-on desk partitions, and rearrangeable desks and storage make it sound like employees will have to build their office from scratch each day.