Weekly Radar #296: Fracking Green, Rates The Other Way

Weekly Radar #296: Fracking Green, Rates The Other Way
Image created by: Midjourney Description: Sustainable skyscraper cross-section

What's covered in this week's GEM Crystal Weekly Radar:

  • Is it possible to use every part of a building to generate energy or sequester carbon? Logan dives into clean startup Modern Hydrogen and how the company is helping to reduce carbon emissions.
  • The potential for another rate hike from the Fed will not be a boon for startups.
  • Consisting of 30 stocks, the GEM Proptech Index had a combined market cap of $233.07B, a 3.90% decrease from the previous week. 

Geek Estate Blog Recap:

Agent Driven Clarity with Deal Terms and Instant Offer Updates
[Note from editor: The “Mastermind Showcase” highlights companies and news from members of GEM Diamond. Today’s showcase: Final Offer] Final Offer is a customer-facing and agent-driven platform for negotiating home sales that delivers clear, real-time offer alerts for buyers and sellers. It is designed to…
2024 REACH Cohort Announced
Geek Estate is about celebrating entrepreneurship, focused on real estate tech (residential and commercial). The REACH program, backed by the National Association of Realtors and Second Century Ventures, is a big part of the broader ecosystem. This week, they announced their 2024 US Resi Cohort.…
Meet the Real Estate Tech Founder: Sergii Starostin from Outpost Club
In our latest real estate tech entrepreneur interview, we’re speaking with Sergii Starostin from Outpost Club. Without further ado... Who are you and what do you do? I am Sergii Starostin, a Real Estate Investor, mentor, co-founder, and CEO of Outpost Club, a real estate…
Proptech Job Opportunity: Chief of Staff at Apartment List
We have a job opportunity to share from a member of GEM Diamond, Apartment List, a rental platform for apartments. Role Responsibilites: Strategic Partnership: Collaborate closely with the COO to align strategic priorities and drive his leadership team in a unified direction Operational Excellence: Oversee…

Transmission Recap:

Drew covers how new technological shifts with AI and innovations will impact real estate in the coming decade. Before that, Dennis Steigerwalt dove into a few technologies that help real estate developers maximize water efficiency and minimize waste.


By: Logan Nagel

Image created by: MidjourneyDescription: Sustainable skyscraper cross-section

Backed by Bill Gates, clean energy startup Modern Hydrogen’s asphalt sequesters carbon from natural gas and biogas energy generation, giving users another avenue to reduce carbon emissions at their real estate or infrastructure projects. Pre-covid, a frequently discussed commercial real estate topic was “asset fracking,” where every part of a building is broken apart and monetized—underutilized apartments repurposed as short-term rentals and community spaces rented for events, for instance. 

This conversation is likely to become relevant once again, but with a new angle: using every part of a building to generate energy or sequester carbon. It’s not hard to imagine a near future where roofs are covered in solar panels or carbon capture devices, building energy systems can direct excess power back to the grid, windows like those made by Solar Windows generate energy, and parking lots sequester carbon. Further, in the years ahead, structural elements—either covered in plants or using carbon-injected concrete like CarbonCure’s—will offset or even outweigh carbon emissions elsewhere. All of these technologies exist in some form today, so what part of a building will be next to “green frack?”


By: Drew Meyers

In the latest edition of All-in Podcast, they spoke about the prospect that interest rates might be hiked rather than lowered this year due to hot inflation.

Inman covered the topic as well, exploring what the Federal Reserve raising rates would mean for the industry. 

We're in for a rocky year in if that comes to fruition. Making it more expensive to buy houses isn't going to help the proptech vertical. No surprise, residential proptech stocks are seeing the impact. We'll see how our Proptech Index does when we report next, but it seems obvious we'll be down week-over-week...and for the foreseeable future.


Proptech Index Update

Consisting of 30 stocks, the GEM Proptech Index had a combined market cap of $233.07B, a 3.90% decrease from the previous week.