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What Zillowing for Senior Housing Will Look Like
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With the U.S. population aged 65+ expected to grow by more than 30 million over the next three decades, senior housing is poised to play an ever-more significant role in the real estate market.
In her latest article, MetaProp Principal Jeanne Casey dives deep into the topic, discussing how the ongoing impact of COVID-19 within senior housing communities has exposed a care gap in many facilities. She believes the crisis has also highlighted the need for increased family engagement and social interaction and has hit investors' bottom lines. As owners and operators urgently seek solutions amid the continuing pandemic, Casey believes early-stage tech can and should play a pivotal role.
At MetaProp, we are excited about the growth in technologies that give owners and operators of independent living, assisted living, and nursing care facilities a competitive advantage, and enable better care and comfort for residents.
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"The senior housing market seems to be at the cusp of transformation as the target market changes."
— Jeanne Casey, Principal at MetaProp
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Limehome adds €10M to Series A funding
The Munich, Germany-based accommodation startup, which aims to offer apartments with the quality standard of hotels, received €21 million in February this year, bringing its total raised so far to €31 million, which it plans to put towards expanding the concept. Limehome has earmarked Spain for expansion, with the apartment concept coming to cities including Granada, Madrid and Seville. Read More.
Ware, a developer of autonomous drones for warehouses, raised $2.5M in seed funding
Ware, a technology startup deploying autonomous drones for warehouse inventory counting, has closed $2.5 million in seed-round funding, led by UP Partners. The funding will be used for building out the team to further Ware’s artificial intelligence capabilities and support customers as they deploy their technology. Read More.
WoHo, a building construction startup, raised $4.5M in seed funding
By creating components that are usable in a wide variety of types of buildings and making them easy to construct in a factory, the goal of WoHo is to lower construction costs, maximize flexibility for architects, and deliver compelling spaces for end users, all while making projects greener in a climate unfriendly world. The Engine is backing WoHo with $4.5 million in seed capital. Read More.
Oula received $3.2M in seed funding to launch a modern maternity center
Oula is a modern maternity center combining the best of obstetrics and midwifery care. Our first prenatal care clinic opens in early 2021 where women can access in-person and virtual appointments throughout prenatal care and postpartum. The Oula app helps women navigate key decisions, build their prenatal care plan, and message their care team between visits. Read More.
MomentHouse, that allows artists to host virtual live events, raised $1.5M in seed funding
The company touts itself as the simplest way for artists to create online events for their fans. For its first foray into live entertainment, Moment House is going to host a geo-fenced, location-specific tour for the musician Yungblud. The money came from heavy hitters in the Los Angeles entertainment and investment scene, including Scooter Braun, Troy Carter, Kygo’s Palm Tree Crew, and Jared Leto. Read More.
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 To fix the housing crisis, these designers drew inspiration from Apple
Founded 18 months ago, Juno has been stealthily developing a new approach to designing and building housing that could significantly reduce the time and the cost. Their intended product is a midrise rental apartment building designed to be fabricated as components in partnering factories and assembled on-site, the buildings will use environmentally sustainable mass timber for their structure, featuring high ceilings and large windows for natural air and light. Read More.
Co-living In The Time of COVID
Earlier this year, the COVID-19 pandemic looked like it might be the death knell for startups in the “co-living,” or shared housing, sector. But co-living startups have continued to raise significant venture investment this year despite the pandemic, and some real estate experts even argue that the market is ripe for companies flush with cash to build or expand through a dampened rental market. Read More.
76% of American CEOs say they may shrink office space
We knew it was a bad time for commercial real estate. We didn't imagine it was this bad. Among CEOs, 76% told Fortune their company will need less office space in the future. And 28% say they'll need a lot less office space. That's the finding from a Fortune survey of 171 CEOs in collaboration with Deloitte between September 23 to 30. Read More.
Covid-19 Pandemic Boosts Startups Behind Virtual Showings
The business of investing in tech-oriented, startup property firms took years to gain traction in the stodgy real-estate industry. But it is gaining fresh momentum during the coronavirus pandemic. As fear of exposure to the new virus is limiting the ability to visit properties and close on them, demand is booming for startup firms that provide virtual ways to do this. Read More. |
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Director of Energy Systems
Blueprint Power is an NYC-based tech company that is helping real estate companies transform their portfolios into clean power plants. Blueprint is looking for a detail-oriented and experienced manager with deep expertise in Distributed Energy Resources (DERs) and team building. Mastering the world of policy, technology, product, and sales, you will oversee the team that leads to regulatory and technical due diligence, help guide Blueprint’s expansion into new markets, and deliver value to our customers through complex energy projects. For more information, click here.
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Enterprise Account Executive
VergeSense is looking for an experienced and highly self-motivated account executive to seed their Sales team in our San Francisco office, supporting sales across the West Coast region. You will need a successful track record of selling enterprise software or software-as-a-service solutions into the Enterprise market (F1000s) in a very fast paced environment. The right candidate will be open to work remotely on the West Coast. For more information, click here.
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Executive Assistant
Betterview is a property data platform that informs transactions for decision-makers who want to reduce risk, cost and waste by providing software and services that capture and analyze data for buildings and properties to unlock valuable insight. They are looking for a highly organized and self-motivated individual with strong attention to detail to join the team as an Executive Assistant. For more information, click here.
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For other hot positions in PropTech visit MetaProp's portfolio job board.
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Nov 10-11, 2020 | Online
PERE America Virtual Experience 2020
MetaProp's Zach Aarons will be speaking about the use of tech to increase efficieny and drive returns on November 11th at 12:30pm EST. Join top institutional investors & experienced fund managers to discuss the future of private real estate investments. Built by PERE’s award-winning editorial team and an advisory board of industry experts, PERE America consistently delivers authoritative speakers, thought-provoking discussions and powerful networking opportunities. Register here!
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