Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Silicon Valley Business Journal – Local San Jose News
The offices are being built as part of a major mixed-use shopping center surrounded by new apartments, retail, restaurants and multiple tech giants.
Business Insider – Tech
Larry Ellison is buying a historic California resort for $35.8 million The property was once owned by Frank Sinatra and a haven for '60s era celebrities Ellison's plans for the site remain unclear Tech billionaire Larry Ellison is buying a Lake Tahoe resort that was owned by Frank Sinatra and a playground for the likes of the Kennedys and Marilyn Monroe. The Cal Neva Resort and Casino sits on the shores of North Lake Tahoe in California and encompasses a hotel and small casino. Ellis…
Phoenix Association of Realtors
As an agent, you know the process of buying and selling real estate is broken. Despite the multitude of tools and tech options flooding the RE space, transactions still seem slow and complex. … Inman
The Real Deal – Miami
UPDATED, Oct. 24, 6:27 p.m.: Doug Curry was fired as Xceligent CEO Monday as the data company’s legal battle against rival CoStar is heating up. On Tuesday night the company announced that Frank Anton, former CEO of media company Hanley Wood, will take over the company as executive chairman. Chief people officer Erin Curry is also out, the company said. COO Jody Vanarsdale will serve as acting CEO. It wasn’t immediately clear why Curry was fired, but sources said it was unrelated to the CoStar l…
Seattle Post Intelligencer – Business News
NEW YORK (AP) — Lord & Taylor's flagship store in Manhattan, known for its holiday displays along Fifth Avenue, is being sold to the office space sharing company WeWork. The nearly 100-year-old building will be converted to WeWork headquarters, with less than a quarter of the space remaining for a Lord & Taylor store. Ten of the building's 11 floors are now devoted to retail. WeWork attracts millennials who are looking to share office space, a consumer segment that Lord & T…
The Atlantic CityLab
The urban revival of the past two decades has led to a striking contradiction. As high-tech talent and industry have moved back to many cities, increasing their economic output and lowering unemployment rates, these cities have become increasingly unequal. Now a new study documents in meticulous detail the extent to which rising innovation and deepening economic segregation in cities are two sides of the same coin. The study, by economists Enrico Berkes of Northwestern University and my Universi…
Retail Dive
Author By Daphne Howland @daphnehowland • Published Oct. 24, 2017 Share it post share tweet Dive Brief: It was a surprise last year when Deloitte found that holiday consumers expected to spend as much online as in stores, but this year that’s gone even further: More than half (51%) of holiday shoppers expect their budgets to go to online spending, compared to 42% who expect to spend in stores, according to Deloitte’s 32nd annual holiday survey, which was emailed to Retail Dive. More than half (5…
REBusinessOnline
The Collective at Coda in Midtown Atlanta’s Tech Square will include eight to 10 eateries with communal seating areas opening up into a 20,000-square-foot outdoor space. ATLANTA — The Collective, a new food hall concept, is set to join the forthcoming Coda development underway at 771 Spring St. in Midtown Atlanta’s Tech Square. The Collective will include eight to 10 eateries with communal seating areas opening up into a 20,000-square-foot outdoor space. The historic three-story Crum & Forst…
Michael Beckerman
After several months of intense research by our team and leading industry experts, we have released our 2017 Mid-Year CRE // Tech Report which provides a comprehensive overview of the state of the CRE tech industry as well as profiles on the hottest startups in the space. It`s a report that is considered to be the “go-to” analysis and update for much of the industry. How do I know, because it always has been for me and my own network. And that`s just one of the main reasons why our company, T…
New York Post – Business News
Lord & Taylor’s flagship store on Fifth Avenue is getting sold to WeWork, the New York-based tech unicorn that markets shared office space. Hudson’s Bay, the owner of Lord & Taylor and Saks Fifth Avenue, is selling the century-old Lord & Taylor flagship for $850 million, the companies announced on Tuesday. WeWork will convert the 11-story building at Fifth Avenue and 38th Street into its headquarters while making a $500 million investment in Toronto-based HBC along with Rhone Capital…
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