News Archives | Page 997 of 1015 | CREtech
Does $78 million surprise you?
That’s what a handful of co-living and short-term rental startups between New York and San Francisco have raised in funding rounds over the past year, according to TechCrunch–and it’s not an exhaustive list. (For example, Common’s infusion of $40 million from a funding round, first reported by
Managing, buying and selling commercial real estate is a fairly primitive process. CREXi founder Mike DeGiorgio remembers one experience in 2014 when he was required to fax and mail details about an urgent transaction to the leasing office, a move that made him think he was back in the era of Pogs and MTV’s Real World Season 1.
Home-sharing is on the rise, and startups are sprouting up to meet the demand. The phenomenon involves smaller dwelling spaces, more temporary lease options and high-touch services, TechCrunch reports. The trend is largely being seen in highly expensive urban markets like New York City and San Francisco.
Revolutions tend to promise one thing and deliver another. Think of the Jacobins paving the way for Napoleon, the Soviets toppling one autocracy only to ultimately replace it with another, or anti-corruption crusader Hugo Chavez building an empire of graft in Venezuela. Turns out this maxim also applies to real estate technology.
The shared-office-space market is getting more crowded.
Convene, a flexible-workspace and meeting-space provider, has signed a lease deal for its largest location, a 93,000-square-foot space in lower Manhattan’s One Liberty Plaza. Executives have their sights on more and bigger locations.
Real estate crowdfunding platform Cadre is seeking at least $100 million from a fund started by the SoftBank Group.
What was new yesterday is old today. CRE firms are adopting new technologies at uneven speeds. While clamoring for new CRM tools, there hasn’t been an easy way to migrate important data to new platforms, leaving some legacy systems in place that no longer work.
A new U.K. self-driving car startup founded by Amar Shah and Alex Kendall, two machine learning PhDs from University of Cambridge, is de-cloaking today. Wayve — backed by New York-based Compound, Europe’s Fly Ventures, and Brent Hoberman’s...
WeWork rival Convene signed a lease for 93,000 square feet at Brookfield Property Partners’ One Liberty Plaza, which is its largest location yet.
CoStar Portfolio Strategy and WiredScore recently partnered to conduct a CoStar Portfolio Strategy study of the impact of Wired Certification on office buildings. Wired Certification is the first and only rating system for commercial real estate buildings that enables landlords and developers to understand, improve and promote their property’s digital infrastructure.