Veteran commercial broker joins proptech firm
CRAINS NEW YORK
Latest Trends and Insights in Real Estate Technology
Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
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More renters going online to rate their landlord
REAL ESTATE WEEKLY
A new survey has uncovered how renters search for, evaluate and share their rental experiences online. Commissioned by Binary Fountain, the survey found that consumers depend on online ratings and review sites and property manager engagement to make informed decisions when searching for a rental property to live in. “The 2019 Renter Insight & Digital Engagement survey further proves the impact, significance and trust online ratings and reviews have on U.S. consumers,” said Aaron Cliffo…
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First wave of Utah WeWork flex workspace opens for business
DESERET NEWS – UTAH
LEHI — While turbulent waters continue to swirl ahead of an expected IPO, flex workspace behemoth We Company is set to open the first of four, expansive new office facilities in Utah on Monday. The nine-year-old New York City-based company, which rebranded earlier this year from WeWork (now a division) to We Company, has piled up some $13 billion in venture backing since its launch, mostly from Japanese multinational SoftBank Group. The financing has driven growth that’s helped the company pu…
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Uber brings bikes and scooters, including Lime’s, to the forefront
TECHCRUNCH
Uber is taking another step to more fully integrate micromobility into its core services. Today, Uber is now showing JUMP bikes, scooters and Lime scooters in the main map you see when you first open the Uber app in Atlanta, Ga. and San Diego, Calif.
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4 Types of Office Amenities that Attract and Retain Talent
LOOPNET
Experts say that the full earning potential of real estate is achieved when it’s no longer merely a commodity, but an experience. Retail stores create customer experiences to compete with e-commerce disruption, and technology firms obsess over the user experience being seamless and personal. Companies in a competitive job market need to focus on the employee experience as a way to attract and retain talent, and create a culture that drives innovation, productivity, and excellence.
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Software Motor Company raises $31.4M in Series A-2 funding to deliver the world’s most efficient electric motors
PR NEWSWIRE
SAN FRANCISCO, June 25, 2019 /PRNewswire/ — Software Motor Company (SMC) is excited to announce that it successfully raised a series A-2 of $31,415,926 from a consortium of strategic investors, including JLL Spark and Meson Capital. SMC has now raised $48M total since 2014. The new investment round will enable SMC to scale its business designing and installing the world’s most reliable, efficient, and intelligent motor system. Electric motors are ubiquitous in anything that moves, consuming …
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Rent the Runway and Nordstrom Are Teaming Up
BUSINESS OF FASHION
NEW YORK, United States — Nordstrom Inc and Rent the Runway announced a partnership on Thursday that aims to draw more foot traffic into the department store while making the clothing rental service more convenient so it can improve service to existing customers and attract new ones. Rent the Runway “drop-off boxes,” where subscribers can quickly scan and return rented items, will be placed inside four Los Angeles-based Nordstrom stores, three of which are smaller “Nordstrom Local” stores bil…
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Is Blockchain CRE’s Missing Data Link?
GLOBEST
BOSTON—Consumers often speak glowingly about new innovation, but business leaders know the value comes in its application. The much talked about blockchain technology not only creates a secure ledger for commercial real estate properties, but it also can standardize data and create interoperability between uncommunicative real estate parties or platforms. GlobeSt.com spoke to Kevin Maggiacomo, CEO and President of SVNInternational Corp. (SVN), a Boston-based full-service CRE advisory firm, to ge…
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How facilities management is moving into the on-demand era
JLL
Building maintenance and repair services are getting a digital overhaul with the rise of on-demand platforms for hiring specialist help. Businesses, increasingly accustomed to booking everything from catering to additional workspace as and when they need them, are now looking for the same instant access to maintenance and other workplace services.
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Study: Young customers show surprising in-store shopping preferences
CHAIN STORE AGE
“Digitally native” millennial and Gen Z consumers may not be so averse to brick-and-mortar, after all. According to a recent study of 1,200 consumers and 400 retail executives across the U.S., U.K. and Australia conducted by Oracle NetSuite, Wakefield Research and The Retail Doctor, Gen Z and millennials (43%) are most likely to do more in-store shopping this year, followed by Gen X (29%) and baby boomers (13%).
