KKR doubles down on house flipping loans
The Real Deal
Investment giants ranging from private equity shops to banks are betting big on house-flipping loans.
Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
The Real Deal
Investment giants ranging from private equity shops to banks are betting big on house-flipping loans.
NYC Housing Authority
Pilots developed by Pansofik, Enertiv, and BlocPower hope to bring maintenance and operational improvements to selected NYCHA buildings.
The NYCHA Tech Pilots is a collaboration between the Fund for Public Housing, MetaProp NYC, and the Urban Tech Hub at Grand Central Tech to identify some of NYC’s top PropTech startups that can benefit NYCHA residents.
Bloomberg
Japan’s Preferred Networks Inc. has only one publicly available product, a whimsical application that uses artificial intelligence to automate the coloring of manga cartoons.
Bisnow
The AI desk is about to be born, thanks to WeWork and Amazon’s Alexa, and it could be coming to a WeWork office near you very soon.
The Real Deal
If you are running a real estate company with a tech bend, now might be the time to give Masayoshi Son a call. His firm is reportedly in talks to launch another version of his $100 billion Vision Fund venture.
Bisnow
IWG, the owner of Regus, and the world’s largest flexible office company, has received prospective bids from three private equity firms to take the company private. London-listed IWG said it received indicative proposals from the European division of Lone Star, Starwood Capital and European firm TDR Capital.
Globest
New York City Economic Development Corp. President and CEO James Patchett says the city is looking to tap into the growing blockchain industry by establishing a resource center and launching a competition to foster the creation of new applications.
Costar
WeWork recently signed San Francisco’s largest lease of the year at 430 California St. The entire building lease grows the co-working provider’s footprint in the city to 1.2 million square feet.
CRETech
Blockchain technology is the new buzzword in commercial real estate despite having its foundation in cryptocurrency like Bitcoin. For brokers who barely understand cryptocurrency, the idea of applying the concept underlying virtual currency to commercial real estate seems overly complex so here we try to make it as simple as possible to understand. Everything You Need in One Virtual Package In essence, the goal is to assign what is known as a “digital address” to every piece of property fr…
Bisnow
On the heels of receiving $5.7M in seed funding, San Francisco-based startup HomeShare announced Tuesday it has expanded to Los Angeles. The site that helps match roommates, move them in and offers other resources will provide its services to Greystar’s 300-unit Next On Sixth apartments in Koreatown.
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