Placester, tech platform for real estate professionals, slashes staff amid shakeup

CRETECH NEW YORK TAKEAWAYS

This week I had the opportunity to speak at the CREtech conference in NY, and I think the experience I had at the event is representative of where the PropTech space stands at the moment: lots of momentum, lots of excitement, and a lot of unknowns. I first connected with Michael Beckerman in 2015, and since then, he’s been a great friend and one of the most connected people in the space. To me, he and CREtech really embody the momentum, excitement, and unknowns that surround the space. This i…

Hotel Icon Ian Schrager Thinks Communal Living Is the Future

“At Studio 54 you had regular people next to celebrities,” he says. “Everyone was there to have a good time.” The same communal sensibility can translate to hospitality. The next big disruptor in hospitality, according to Ian Schrager, is co-living spaces. “Communal living is blurring the distinction between residential and hotels,” the hotelier and Studio 54 co-founder argued during Bloomberg’s Year Ahead: Luxury conference in Manhattan on Thursday. …

Truss Wins Two of the Most Prestigious Awards in Commercial Real Estate Tech

Truss celebrates astounding achievement in the Real Estate Tech Awards New York, NY (Dec. 7, 2018) — Truss, the leading marketplace for commercial real estate, is thrilled to announce they are the winners of two Real Estate Tech Awards (#RETAS) in the Listing Marketplace and Tech-Enhanced Brokerage categories presented by CREtech (cretech.com), the leading event, content and connectivity platform for the commercial real estate industry. The #RETAS are the most prestigious award for tech star…

OnSiteIQ Raises $2 Million Seed Investment

Anthemis Group and MetaProp Participate in Round New York, NY (December 6, 2018) — OnSiteIQ, which offers a visual documentation and   risk assessment platform for construction projects, announced that it has raised $2 million in seed funding. The round was led by global fintech investor Anthemis Group and also drew support from real estate technology venture capital firmMetaProp. “From OnSiteIQ’s creation, through its growth in MetaProp’s accelerator, it was clear to us that their intense f…

What PropTech Do Real Estate Owners Want?

NEW YORK CITY—During the country’s largest gathering of CRE tech investors, the CREtech New York Venture conference, on Thursday, more than 1,000 attendees listened to panels, socialized and networked. But at the “Tech Savvy Landlords” session, owners directly said where they want to invest. Tech companies should be ready to show a strategic business case, a value proposition that demonstrates meaningful return on an overall investment. The bottom line is landlords are looking for technology th…

Winners Announced for the 2018 Real Estate Tech Awards (#RETAS)

The Most Recognized Award for Industry Startups and Technology Companies New York, NY (December 10, 2018) — CREtech (cretech.com), the leading event, content and connectivity platform for the commercial real estate industry announced the winners of the 5th Annual Real Estate Tech Awards (#RETAS) at the CREtech New York Venture Conference on December 6. A distinguished group of leading VCs, Investors, industry thought leaders and corporate real estate executives were the judges for this annual a…

Exclusive Interview with Real Estate Partner, Michael Werner and Corporate Partner and Head of Technology Transactions Practice, Amir Ghavi of Fried Frank

Fried Frank advises the world’s leading corporations, investment funds and financial institutions on their most critical legal needs and business opportunities. The Firm’s approximately 500 lawyers are based in North America and Europe. Our team at CREtech recently caught up with Werner and Ghavi to learn more about their site, strategy and vision. CREtech: What does Fried Frank do? Werner & Ghavi: Fried Frank represents clients in all aspects of commercial real estate and technolog…

The economics and trade-offs of ad-funded smart city tech

In order to have innovative smart city applications, cities first need to build out the connected infrastructure, which can be a costly, lengthy and politicized process. Third-parties are helping build infrastructure at no cost to cities by paying for projects entirely through advertising placements on the new equipment.

WeWork Imminently Opening Retail Space at 902 Broadway

Coworking giant WeWork is putting the finishing touches on its second retail space, Commercial Observer found out at the International Council of Shopping Centers’ New York Deal Making conference. The new digs span 7,460 square feet (5,300 square feet on the ground and 2,160 square feet on the mezzanine) at the Rosen family’s 902 Broadway,  a 20-story office building between East 20th and East 21st Streets….