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CRETECH February 20, 2018
So bad is London’s housing crisis, which sees house prices make homeownership a pipe dream for many, a 2015 report by PWC reckons that by 2025 more than half of under 40 year olds will be living into rental properties. The answer, of course, is to build more affordable and/or social housing, but that hot political potato is continually kicked to into the long grass and, even at its most optimist...
CRETECH February 20, 2018
Office workers around the globe are turning to a new assistant to answer their HR queries and requests for data, one who never calls in sick or steps away from their desk for meetings. The advent of chatbots—conversational artificial intelligence (AI) tools developed for specific functions—is giving employees on-demand assistance to information when and where they need it. The prospect of fast...
CRETECH February 19, 2018
In 2017, the real estate technology sector raised over $5 billion in funding – more than 150 times what was raised in 2010. Once a sector largely overlooked by investors, two out of the three most valuable private companies in the United States, WeWork & Airbnb, are products of a booming CRE tech space. To understand how technology is affecting the CRE world today, we put together an extensi...
CRETECH February 19, 2018
The real estate cryptocurrency startup Deedcoin has gone live with its public token sale, the company told supporters via email Monday. The public launch follows a private sale in January and several delays (Deedcoin said it was originally scheduled to launch around Thanksgiving 2017). Deedcoin plans to disrupt real estate commissions by letting buyers and sellers pay agents partly with its own cr...
CRETECH February 19, 2018
When it comes to office space, our standards have been raised. Why settle for a boring box in a drab building when so many inspirational – and affordable – coworking spaces exist in every corner of the city. Many of the freelancers and startups we work with want a workspace that reflects their creativity and connects them with like-minded entrepreneurs, without breaking the bank. If this sound...
CRETECH February 18, 2018
Real estate franchisor Keller Williams debuted an artificial intelligence-based virtual assistant and referrals platform today, announcing to the world it has every intention of thriving in a changing industry … Inman
CRETECH February 18, 2018
WeWork expects revenues to top $2.3 billion this year, the New York Times reported. The coworking startup is growing revenues quickly amid its rapid expansion to 20 countries and some 200,000 members. And backed by a $4.4 billion investment from Japanese technology group SoftBank, the company is expanding services into areas like gyms and a kindergarten school. But not all investors are entirely g...
CRETECH February 18, 2018
A man enter the doors of the 'WeWork' co-operative co-working space in Washington, DC. On a cold February morning at the Brooklyn Navy Yard, the skeleton of a modern 15-story building was rising from a muddy construction site along the East River. As long and as tall as a cruise ship, the sleek glass structure loomed above rusty, century-old dry docks, serving notice to the industrial ne...
CRETECH February 16, 2018
Instacart says its latest $200 million funding round is more than enough to race into new markets, boost its hiring plans and test out new services. But is it enough to fend off Amazon's encroaching presence in the grocery industry? The San Francisco-based delivery startup closed on its latest round earlier this week, boosting its valuation to $4.2 billion, up from a $3.4 billion valuation wh...
CRETECH February 16, 2018
The Swingobot 2000 was showing off, navigating a busy hallway at Sinai Hospital to scrub the floor. Then Tug, a smaller robot, glided up unexpectedly from behind, returning to the pharmacy after delivering medication to nurses. Tug was programmed to detect people and other obstacles in its path. It stopped, maneuvered around Swingobot, then continued on its way. For the Baltimore hospital, and for...