Fifth Wall

How might fully autonomous vehicles change the real estate industry? Brad Hargreaves explains: - People aren't taking fully autonomous vehicles seriously because we've already been through a false hype cycle. The enthusiasm and claims of 2016 were premature. - But today, companies like Waymo and Cruise are now offering driverless vehicle services within a geofence in several major metropolitan areas. These services are currently at cost parity with other ride-sharing apps, but they technology is expected to mature and become more affordable. - Fully autonomous vehicles could nearly eliminate the need for car ownership, significantly impacting demand for parking spaces and garages. They could also impact commutable distances for workers, and the length of weekend trip people are willing to take. All of this impacts real estate, but Brad's perspective is the industry hasn't yet internalized what's coming with self-driving cars. #realestate #autonomousvehicles

As the Olympics kick off, I want to commend Paris for putting retrofitting front-and-center on the world stage. The Olympics are usually incredibly expensive to host. That's no secret. Host cities lose billions. And on top of that, cities build venues specifically for the Olympics and never use them again, leaving them to rot. What a waste of money, and not to mention the embodied carbon of the materials used to built these venues. Paris approached the Olympics differently...taekwondo and fencing at the Grand Palais. Equestrian and modern pentathlon in Château de Versailles. Beach volleyball right under the Eiffel Tower. Not only is this more sustainable -- "the most sustainable building is already built" -- but it's also beautiful and features the city in a way no new building could. #realestate #olympics

💰 Oslo's first-of-its-kind climate budget is producing results: the city is on pace for a 65% emissions reduction by 2030. This unique budgeting integrates climate targets and financial budgets, requiring the city's decisions to not only factor in financial decisions by also emissions reductions throughout the whole of Oslo's government. Could this model inspire more cities to act?

Excited to announce Fifth Wall has collaborated with Aroundtown on the launch of ATechX, their early-stage proptech growth program. I've long been impressed by Barak Bar-Hen and his team's commitment to leveraging the transformative power of innovation, and look forward to seeing the substantial impact this program has on the real estate industry. Designed to foster breakthroughs and enable rapid scale, it's crafted for early-stage startups that have a product and are ready to run it. Apply here to join their inaugural class of visionary entrepreneurs, apply here: https://atechx.de/

Our CEO & CIO Brendan Wallace wrote for Thesis Driven about our biggest lessons learned in partnering with institutional real estate firms. What started in our first fund as a consortium of 7 strategic LPs has grown to a network of 110+ firms from 20 countries. After almost a decade of working with some of the largest owners and operators of real estate globally from across every asset class, Brendan shares his unique perspective and hard-won lessons learned along the way. #realestate #venturecapital

🚀 Exciting News! 🚀 We're thrilled to announce the launch of ATechX, an early-stage proptech growth program powered by Aroundtown.✨ Designed in collaboration with noa (formerly A/O) and Fifth Wall, ATechX leverages Aroundtown’s expertise, scale, and strategic partnerships to accelerate the growth of innovative startups. 🌟🤝 📢 Are you a proptech startup ready to disrupt the real estate industry across Europe? Apply now and visit https://atechx.de/ for more info. 📈 #PropTech #Innovation #StartupGrowth #RealEstate #ATechX #Aroundtown #TechAccelerator #DisruptiveTech

❄️ Mojave Energy Systems CEO Philip Farese says air conditioning is the biggest unsolved climate change problem, and his company wants to fix that. Portfolio company Mojave Energy Systems, Inc. wants to change the nature of air conditioning by making it dramatically more efficient, saving owners money by wasting a lot less energy cooling their buildings. A win for the climate, and a win for building owners.

Our CEO & CIO Brendan Wallace thinks the term "proptech" will evolve from meaning only software for the real estate industry to also encapsulating built world climate technology. In the early days of our inaugural Climate Fund, we clearly divorced our climate tech and proptech strategies and ran them as separate pools of capital. But as we've evolved we've realized it's getting very hard to disambiguate the two, and it's impossible to be a credible proptech investor without also investing in climate tech. Vice versa, if you're investing in climate tech for the real estate industry, you need to have a deep understanding of proptech, or real estate software and how the digitization of real estate works. #proptech #realestate

Portfolio company Assembly OSM wants to address the housing crisis and climate crisis by constructing high-rise modular buildings in cities like New York. CEO Andrew Staniforth is excited that climate and sustainability have become essential considerations in the building industry, making it easier to have conversations with developers, cities, and users about sustainable buildings. Investing in climate technology for the built world means looking beyond lines of code and into physical solutions like Assembly, that looks at building housing in the same way airplanes are assembled -- with different parts at different factories. As Andrew says: "Don't be afraid to go after the big problem!"

Check out the #construction progress at our Apex 1 #EV #battery #cathode precursor (pCAM) manufacturing facility in Hopkinsville, Kentucky! The 150-acre site is taking shape and on track for commercial production startup by Q2 2025. In less than a year, we’ll be making #decarbonized #pCAM at an unprecedented scale in the United States! The #sustainable, engineered battery materials produced in Hopkinsville will power up to 750,000 #electricvehicle battery packs per year. Dozens of Ascend Elements team members…and hundreds of construction workers and engineers have been working on the project for 18 months. Thanks to Turner Construction Company, Kokosing Construction Co., Inc., and many other contractors and suppliers. It's worth repeating that this project is funded in part by the U.S. Department of Energy (DOE) and the DOE Manufacturing & Energy Supply Chains Office (MESC) with funds from the #Bipartisan #Infrastructure Law (#BIL). Thank you! Want to join us? We’re hiring in #Kentucky! 👇 https://lnkd.in/eiHggnaq