Real estate developer Tishman Speyer acquires smart-lock company Latch

Global real estate developer Tishman Speyer will acquire smart-lock start-up Latch in a SPAC deal valuing Latch at more than $1.5 billion. Rob Speyer, Tishman Speyer president and CEO, and Luke Schoenfelder, CEO and founder of Latch, joined "Squawk Box" on Monday to discuss.