SAX LLP Launches SAX Technology Advisors
SAX LLP
Accounting, tax, and business advisory leader, SAX LLP has announced the launch of SAX Technology Advisors (STA).
Latest Trends and Insights in Real Estate Technology
Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
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Fields Construction Joins Katerra
Katerra
Passion for Improving Industry Through Innovation Brings Firms Together Hoboken, NJ – Fields Construction Company, one of the Northeast’s leading construction management firms, and Katerra, a technology company redefining the construction industry, today announced the two companies have combined. By joining together, Fields, which will become known as Katerra, will apply Katerra’s technologies to better serve its roster of real estate developer clients along the East Coast. “At Field…
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The Meteoric Rise of Unattended Retail: The Next Multi-Billion-Dollar Industry
PR Newswire – Residential Real Estate
PALM BEACH, Florida, May 3, 2018 /PRNewswire/– MarketNewsUpdates.com News Commentary “Unattended cashless retail” may sound futuristic, like a driverless car, but in reality, it is a thriving segment of the economy that is forecasted by ResearchAndMarkets.com to grow to $34 billion by 2023. What used to be dominated by simple coin-based laundromats and vending machines selling candy bars is now a high-growth, multi-layered and profitable segment retailing items like frozen yogurt, electronics,…
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New York City report pins millions in rent hikes on Airbnb
Techcrunch
A report from the New York City Comptroller’s office asserts that New York residents are paying hundreds of millions in extra rent linked to the effects of Airbnb . Naturally, the company bitterly rejects these findings.
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BRE and Measurabl Announce Leading-edge Integration with the BREEAM Standard to Improve the Financial Performance of Commercial Real Estate
PR Web
BRE has today announced the launch of its integration of BREEAM, the world’s leading sustainability assessment method for master planning projects, infrastructure and buildings, with Measurabl, the world’s most widely adopted sustainability software for real estate.
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Embracing Tech May Be The Best Way To Cut Construction Costs
Bisnow
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
WSJ
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 line with the guidance set by a JPMorgan -led group of underwriters on Tuesday, although the size of…
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Macy’s Acquires Story
Business of Fashion
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 with a new design, product assortment and marketing message every four-to-eight weeks — is still foreign to many. Not for long. …
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This is Why I Love Working in Real Estate Tech…
CRETech
I get the pleasure of meeting people like Ofo Ezeugwu, thanks to my friend Jon Schultz, who was able to connect me with this future leader, visionary, and entrepreneur– who is destined for great things! If you don’t know Ofo, you need to. His personal story and vision is really, really inspiring. And his startup is doing meaningful things. He has a way about him that is both inspiring and incredibly humble at the same time. Very rare, indeed. Check out his site and if you’re so inclined and …
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The death of the brokerage
The Real Deal
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 residential brokerage, known for its over-the-top holiday bashes and agent benefits, burst onto the scene in 2010 and quickly ballooned to 600 agents and 10 offices. The firm, which was founded by industry veteran Andrew Heiberger— who had sold his first brokerage, Citi Habitats, in the early aughts…
