Smarter, Healthier Buildings Become a Strategic Edge for Modern Workplaces

Propmodo Technology

In partnership with

Greetings,

A proposed $1.75 billion acquisition of real estate platform Redfin by mortgage giant Rocket Companies is facing legal pushback from a Redfin shareholder who alleges serious misconduct. Jason Morano filed a lawsuit in U.S. District Court accusing both companies and Redfin’s board of breaching contracts, misrepresenting facts, misappropriating trade secrets, and violating federal securities and fiduciary duty laws. The suit claims the proxy statement filed with the SEC to secure shareholder approval for the deal was misleading and incomplete, particularly regarding potential conflicts of interest involving Goldman Sachs, which advised Redfin, holds stock in both companies, and extended a $1.15 billion credit facility to Rocket.

Morano argues that Redfin shareholders were denied the information needed to make an informed vote on the merger. Redfin, an online real estate brokerage known for its tech-enabled home listings, and Rocket Companies, the parent of Rocket Mortgage and one of the largest mortgage lenders in the U.S., announced the deal in March. Morano claims Redfin’s board breached its fiduciary duty by approving the proxy without addressing key financial ties between Rocket and Goldman Sachs. The shareholder vote is scheduled for June 4, though the lawsuit says a May 5 special meeting has already influenced shareholder sentiment. If the alleged disclosure violations aren’t addressed, Morano says he and other investors may seek damages.

This week we’re focusing on healthy buildings, specifically how smart technology is being used to improve indoor air quality, reduce illness, and enhance occupant well-being. Companies like Elevated are turning offices into living labs, using real-time data to monitor conditions, improve performance, and boost productivity. Johnson Controls is also helping building owners balance energy use with health outcomes by modeling the impact of ventilation and filtration upgrades across different building types. Even without strong federal support, the push for healthier, more resilient workplaces is gaining momentum across the commercial real estate sector.

Let’s go!

Start learning AI in 2025

Everyone talks about AI, but no one has the time to learn it. So, we found the easiest way to learn AI in as little time as possible: The Rundown AI.

It's a free AI newsletter that keeps you up-to-date on the latest AI news, and teaches you how to apply it in just 5 minutes a day.

Plus, complete the quiz after signing up and they’ll recommend the best AI tools, guides, and courses – tailored to your needs.

Sign up to start learning.

Bytes

🏠️ Click to close
Lower has acquired real estate portal Movoto to combine home search and mortgage services, aiming to streamline the homebuying process and expand nationally.

🦘 Property mate
CoStar has agreed to acquire Australian property portal Domain for $1.92 billion in an all-cash deal, aiming to challenge market leader REA Group with deeper resources and advanced technology.

🌟 Power play
OpenAI’s $100B Stargate project is spurring a nationwide race for AI data centers, amid growing concerns over environmental impact and limited local benefits.

🕯️ Temple of shadow
A new study reveals that the Parthenon’s interior was intentionally dark, designed not as a sunlit sanctuary but as a theatrical space where light was carefully choreographed to reveal the divine.

🌋 Heat shift
New research shows growing adoption of geothermal HVAC among commercial facility managers, driven by rising awareness, long-term cost savings, and stable tax incentives.

Healthy Buildings

Webinars

More Propmodo Technology

Propmodo Technology is edited by Franco Faraudo with contributions from readers like you and the Propmodo team.

📧 Forward it to a friend and suggest they check it out.

🔗 Share a link to this post on social media.

🗣 Have ideas for future topics (or just want to say hello)? Share your feedback and tips at [email protected] or connect with us on X through @propmodo.

✅ Not subscribed yet? Sign up for this newsletter here.

📣 Want to share your marketing message with over 60,000 commercial real estate professionals? Email [email protected] to learn how to sponsor this newsletter.

📫️ Please add our newsletter email, [email protected], to your contacts to make sure you don’t miss any updates.