View in browser

In 2012, Robert [Reffkin] was tasked with writing a business plan as part of a job interview, but the plan was so intriguing that he was encouraged to launch it as an actual business. So with a partner, Robert launched Compass, a real estate company that focused on building technology to make agents’ jobs easier.

How I Built This with Guy Raz ➞

When Robert Reffkin started his first business in high school, as a DJ, he offered customers a guarantee. They got as many as 20 requested songs or their money back. Years later, he said he applied that same approach to the management of Compass, a real estate technology company he founded in 2012. “What does your customer want?” he said. “You just do that.”

Wall Street Journal ➞

Clelia Warburg Peters, a venture partner focused on proptech at Bain Capital Ventures, pointed to Procore’s IPO as a milestone that will likely boost investment into construction tech. As Warburg Peters noted, “one company can spur a generation of innovation,” similar to how early employees of PayPal — the so-called “PayPal mafia”—went on to create billion-dollar companies like Tesla and Affirm.

Crunchbase ➞

“We remain focused on building relationships with long-term investment grade tenancy in Class A assets that offer convenient, accessible healthcare services to the surrounding community,” noted James Schmid, Chief Investment Officer and Managing Partner with Anchor. “These acquisitions are indicative of the collaborative, ownership-mentality adopted by the high-quality professionals of our platform – and the Company as a whole. Our value-driven investment thesis helps us navigate the ever-changing healthcare landscape and successfully close multiple transactions in a short period of time across markets nationwide. I consider our investments team best in class in terms of both sourcing and execution, and the team’s ability to continually source top quality off market transactions in high barrier to entry markets demonstrates this performance.”

Anchor Health Properties press release ➞

“We firmly believe that top companies need collaborative workspaces to build culture, innovate and win the war for talent. We are confident that Boston Properties will identify assets that serve this need and position our venture to capitalize on an uptick in demand stemming from a return to the office and the reopening of America’s great cities,” said Adam Gallistel, Managing Director of Americas Real Estate, GIC.

CPP Investments Press Release ➞

“Our vision was to transform 100 Pearl Street into a statement piece on the busy Manhattan cityscape,” said Brian Steinwurtzel, co-CEO of GFP Real Estate. “Our tenants want exclusive amenities. They want their offices to adapt to their needs and enhance the mental and physical well-being of their employees. View’s smart window technology helps us accomplish that goal.”

Yahoo! Finance ➞

Like other top executives at BentallGreenOak, Julie Wong’s career path winds through Morgan Stanley. She cut her fundraising teeth on Morgan Stanley Real Estate Fund VII Global, a $5 billion opportunistic vehicle, and also played a key role in the group’s investments in the US, Mexico, and Brazil. She joined Green Oak Real Estate in 2020 shortly after it was founded by a group of Morgan Stanley alumni.

PERE News ➞

Tony Eaton has enjoyed a 30-year professional career, during which he served seven years in the Marine Corps flying F/A- 18’s in Southern California, spent six years working in finance with various technology companies, and then found his niche in the real estate industry some seventeen years ago. He has served as the President of Land Advisors Organization - California for the last two years where he has responsibility for an organization that includes eight offices across the state of California. 

Los Angeles Times ➞