News Archives | Page 990 of 997 | CREtech

Embracing Tech May Be The Best Way To Cut Construction Costs

CRETech May 04, 2018
Construction costs in Chicago rose 5.35% in Q1, according to Rider Levett Bucknall's North American construction cost report, and that was before fabricators started hiking prices on their materials after the Trump administration announced its 25% steel tariff.
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WeWork Raises $702 Million With First Bond Sale

CRETech May 03, 2018
WeWork Cos. sold $702 million in bonds Wednesday, becoming the latest startup to win over debt investors despite a cash-burning history that is atypical for a bond issuer. WeWork, a New York-based office-space provider with a hip reputation and $20 billion valuation, was able to sell its seven-year bonds at par with a 7.875% interest rate, people familiar with the matter said. That rate was in ...
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Macy’s Acquires Story

CRETech May 03, 2018
NEW YORK, United States — “Welcome to Story! Have you been here before?” That’s what a greeter asks each-and-every person who walks through the doors of Story, a 2,000-square-foot store located steps away from the High Line, the elevated park-cum-tourist magnet in New York’s West Chelsea. That’s because Story’s unconventional concept — it gets a complete makeover ...
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The death of the brokerage

CRETech May 03, 2018

R.I.P., Town Residential. Over the course of a few hours on April 19, when it told agents the end was at hand, Town went from a megafirm with flashy Manhattan offices to a cautionary tale.

The bold r...

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What Big Real Estate Is Saying About WeWork

CRETech May 03, 2018
WeWork is increasingly coming up in discussions by publicly traded companies. We analyze the real estate companies that frequently mention the coworking giant on earnings calls.

Amazon HQ2 Said No To These Cities, But Also Told Them How They Can Do Better

CRETech May 03, 2018
In what some would call closure, Amazon has phoned about 200 bidders across North America that didn't make the cut for its second headquarters to let them know why they weren't on the final 20 list. Flickr: Robert Scoble Some of these cities say they are learning from Amazon's feedback, and are trying to make changes, the Wall Street Journal reports. For instance, in Detroit — which Amazon poin...
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The Secret to Putting on an Awesome Panel

CRETech May 01, 2018
Since joining Dreamit, I’ve been on dozens of panels and moderated more than a few of them. Some have been awesome, others have been…less awesome. Want to make sure your panel rocks? Keep reading.
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Bill Gates Is Investing In Belmont, Arizona To Become A Smart City

CRETECH February 26, 2018
Prepare for the future -- Belmont, Arizona, located in the southwestern portion of the state, will be a 100% smart city. A group connected to the Gates investment company has invested $80 million in its development. Belmont will be located just outside Phoenix, and be similar in size to Tempe, Arizona (population 182,000). T...
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mit center for real estate and cretech announce collaboration agreement

CRETECH February 01, 2018

The MIT Center for Real Estate, one of the world's leading educational and research institutions and CREtech (cretech.com), the leading commercial real estate technology platform have announced a collaboration agreement whereby the two organizations will collaborate on work together on c...

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How Tech Companies Relocating is Impacting the Real Estate Market in the United States

CRETECH December 08, 2017

Earlier this year, Amazon called for various cities to offer proposals on its second corporate headquarters. The tech giant plans to invest $5 billion in a new facility, as well as generate 50,000 high-paying jobs in the span of 10 to 15 years after it becomes operational. Around 238 cities have submitted their proposals, including New York, Chicago, Los Angeles, and Miami, and smaller cities s...

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