Mann Report, August 2022

Page 44

TECHTALK

Avison Young Leasing Digital Property in the Metaverse Add another company to the list exploring the

represent ownership, as the exclusive leasing

metaverse. Avison Young’s New York office has

agents for Everyrealm’s digital retail space.

been retained by Everyrealm as the exclusive

They also represent Everyrealm, the metaverse

leasing agent for its MetaMall in the metaverse

investment and developer company, in the

platform Decentraland. It is a turnkey, digital

leasing of its New York City headquarters at 335

retail property located at coordinates 100, 18, in

Madison Ave.

Photo courtesy of Avison Young

square feet of experiential retail space, includ-

Decentraland’s Fashion District. MetaMall sits directly across from Everyrealm

ing a lobby, two conference floors, a game

Peter Johnson, director of the growth technol-

and JP Morgan’s other experiential retail devel-

floor and three floors available for lease. The

ogy practice group and Leah Zafra, associate,

opment, Metajuku. Its six floors total 364,000

leasable space consists of 121,000 square feet.

HomeLight Agrees to Acquire Accept.inc Residential real estate tech firm HomeLight has

“In a time period with so much volatility in the

entered into a definitive agreement to acquire

capital markets, our business is stronger than

Accept.inc, a Denver-based fintech lender that

ever. This financing round is a testament to our

gives homebuyers a way to submit all-cash of-

growth and the future potential of our business,

fers on a home upon qualifying for a mortgage,

and it’s enabled us to go on the offensive during

in an all-stock transaction. With this acquisition,

uncertain times,” said Drew Uher, founder and

HomeLight will become the largest agent-

CEO of HomeLight. “That includes this acquisi-

focused cash offer program in the country, with

tion. We’re thrilled to welcome the Accept team

cash offers and are commi#ed to delivering the

$3 billion in referred transaction volume in Q1

to the HomeLight family. We share the vision that

power of contingency-free transactions to top

2022 alone, the company said.

all offers in real estate will eventually become

agents and their clients across the country.”

Drew Uher Photo courtesy of HomeLight

Simon Launches Platform for Consumers to Shop Mall Merchandise Online It’s been a much-discussed wish: for con-

located at Simon properties nationwide.

sumers to be able to shop a mall’s merchandise, and not just research stores, online.

“Simon Search brings new search capabili-

Now, it’s coming true: Simon has launched

ties to our retail centers, offering shoppers

Simon Search, a search platform designed

multiple ways to search for specific in-store

to enable shoppers to research in-stock

merchandise,” said Mikael Thygesen, chief

bar, delivering enhanced inventory visibility

products available at participating retailers

marketing officer, Simon. “Simon is com-

to our shoppers. Consumer research has

located within a Simon property. Simon

mi#ed to providing shoppers with the most

shown that almost 90% of shoppers are in-

Search is available through the Simon app,

enjoyable shopping experience possible.

terested in the enhanced search capabilities

property websites and interactive directories

This game changing search tool raises the

provided by Simon Search.”

42 MANN REPORT | AUGUST 2022


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Commercial Corner: Gregory Kraut, co-founder and CEO of KPG Funds

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pages 128-129

Executive Changes

10min
pages 118-125

Crossword

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pages 126-127

20 CambridgeSide Reaches Construction Milestone

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pages 106-107

AI-Powered Alternative Data Drives Extreme Real Estate Market Research Disruption

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pages 80-85

Whittier Central Library Completes Remodel

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pages 108-113

Columbia Property Trust Revitalizes 95 Columbus in Jersey City

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pages 104-105

Six Tips for Growing a Successful Proptech Company

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pages 78-79

The Evolution, Impact and Potential of Virtual Tours of Retail Space

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pages 62-67

Tax Issues in the Sale of Appreciated Land

5min
pages 68-69

Top of the World: Central Park Tower Unveils Highest Private Club Ever

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pages 72-77

Market Trends & Best Practices: Liability Insurance for NYC Condominiums and Cooperatives in 2022

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pages 70-71

MidYear Recap/Report/Trends

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pages 56-59

Mixed-use Development Expert Zeigler Forms MURAL Real Estate Partners

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pages 60-61

10 Things to Look Out for in Commercial Real Estate in the Next 24 Months

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pages 54-55

Breaking News

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pages 48-53

REBNY Brings New Flavor to Annual Event

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pages 22-23

James Lenox House Association Hosts Spring Blossoms Gala

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Residential News

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pages 36-39

Commercial News

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pages 32-35

Tech Talk

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pages 44-47

Big Brothers Big Sisters of New York City Honors Finance Industry Leaders at 24th Annual Accountants & Bankers Reception

2min
pages 24-25

Management News

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pages 40-43

Corenet NYC Hosts 2022 Annual Dinner

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pages 28-31
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