NEWS
- news
Measurabl raises $18M Series B to Expand Leading ESG Software Platform for Real Estate
1/16/19Measurabl, a Camber Creek portfolio company, announced today that it closed a $18mm Series B round led by Sway Ventures with participation from existing and new investors, including S&P Measurabl, the world’s most widely adopted software for commercial real estate ESG (environmental, social, governance) data management, has closed $18.7 million... Read more
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In Portland, Scooter Start-Ups Played Nice. Regulators Took Note.
1/16/19SAN FRANCISCO — The e-scooter boom began in Santa Monica, Calif., about 16 months ago. Electric scooters, owned by start-ups looking to mimic the success of ride-hailing companies like Uber, appeared around town. The idea was simple: Use a smartphone app to rent a scooter and then leave it at... Read more
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DC-Based Coworking Company Cove Launches New Office Concept for Businesses
1/16/19In August 2016, D.C.-based nonprofit Search for Common Ground was in about 12,000 square feet at 1601 Connecticut Avenue NW and wanted to reduce its office costs and square footage. Cove—a coworking company with hot desks—offered to instead create a private “hub” for the nonprofit at one of its existing coworking... Read more
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Co-living startup scores $300 million investment for housing expansion
1/16/19Shared-living operators, which specialize in providing housing to low-income millennials, is a burgeoning business. New York-based companies like WeWork and Common, as well as San Jose, California-based Starcity, have each built large co-living developments in various urban neighborhoods. Medici Living Group is another company that wants a bigger slice of... Read more
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Airbnb Says It Made a Profit Again in 2018
1/16/19Airbnb Inc. said it made money for a second straight year, based on a common measure that excludes some expenses, as the online home-rental service prepares for an initial public offering. Airbnb said in a memo that it generated earnings before interest, tax, depreciation and amortization in 2018. A spokesperson... Read more
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The Health and Fitness Amenities Office Tenants Want
1/16/19In this month’s partnership, CPE and Kingsley Associates sought to find out how tenants really feel about the health and fitness options in their offices. “We’d like a covered area for parked bicycles. Employees have complained that during the day the bicycles get very hot and easily get burned. There... Read more
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New York Sticks With Crypto, Opening Blockchain Center Amid Rout
1/16/19New York isn’t giving up on the digital-ledger technology that makes Bitcoin and other tokens work even after last year’s collapse of the cryptocurrency market. The New York City Economic Development Corporation said its Blockchain Center in Manhattan will open Thursday a part of a partnership with affiliates of venture-capital... Read more
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Appraisal tech startup Reggora raises $3 million in seed funding
1/16/19Reggora, a Boston-based startup that claims its software can “streamline the appraisal process,” now has $3 million in its coffers to help grow it business. The company announced Monday that it raised $3 million in seed funding, which it plans to use to expand across the country and enhance its... Read more
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Office Building Parking Space Needs The Flexibility To Become Something Else
1/16/19As commuting patterns change, most office buildings will probably need less parking space. For office developers, that means the parking space they build now has to be flexible enough to become something else later. Though commuting by car is still king, according to CBRE’s U.S. & Canadian Mobility 2018 report, that... Read more
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Vision Fund to lead $700M funding round for construction startup Katerra
1/16/19Masayoshi Son’s $100 billion Vision Fund is preparing another major investment in real estate tech, with plans to lead a $700 million round of financing for Katerra, the construction startup founded by former Flextronics International CEO Michael Marks. This financing round would value the four-year-old company at more than $4... Read more
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