Hightower Raises $6.5 Million From Bessemer Venture Partners and Thrive Capital

The online platform for commercial real estate owners and brokers will use the Series A investment to fuel international growth, hire top talent and speed up product development. NEW YORK, NY, August 20th 2014– Hightower, an online platform for the commercial leasing industry, today announced a $6.5 million Series A round of financing led by existing investors Bessemer Venture Partners and Thrive Capital. Previous investors, including RRE Ventures, Red Swan Ventures, David Tisch, Lee Linden and…

A CRE App Review EXCLUSIVE: Hightower Scores Another Huge Funding Round!

We’ve profiled Hightower in the past, but that doesn’t mean they’re old news. Far from it, following their latest announcement of a $6.5 million dollar round of Series A funding, spearheaded by two VC powerhouses (Bessemer Venture Partners and Thrive Capital). Where there’s smoke, there’s fire, and Hightower is scorching. What’s all the fuss about? Let’s start at the beginning… Hightower Graph Hightower is a mobile and web-based app that allows users to track their deal pipelines in real time. …

Stop compiling lease analysis reports; Start using Ten Eight

We’ve all heard the saying “time is money,” but how much is your time really worth if you’re not spending it as efficiently as possible? Ten Eight is a mobile web app (available from iPhone, iPad, Android and Android Tablet) designed to help streamline the office leasing process from start to finish. Ten Eight allows for the creation of virtual, interactive tourbooks of buildings. It uses a 10-point rating system based off of eight different sets of criteria, like the building’s location and uni…

THE GREAT RECESSION: CATALYST FOR CRE INNOVATION?

In keeping with the theme of our blog, I interviewed other companies in the CRE space to ask them about innovating in an inefficient industry. I spoke with Ryan Masiello of View the Space and Tanner McGraw of Apto, and was left with two points addressing why some CRE tech companies are progressing in the commercial real estate space: 1. CRE professionals faced and continue to face real challenges that could be solved by technology. 2. The real estate crisis allowed for CRE professionals to reeva…

Who says you can’t teach an old dog new tricks?

What starts on Wall Street usually doesn’t end on Wall Street

Putting My Money Where My Mouth Is

The CRE App Review has been acquired by The News Funnel

I am excited to announce that The CRE App Review has been acquired by The News Funnel. I created CRE Apps in 2012 out of my own personal frustration. For years, I spent countless hours researching how I could use new technology to work more efficiently. I soon came to the realization that there were others out there doing the same thing. For me, CRE Apps was more of a hobby than an attempt to build a profitable business, but as the CRE tech sector began to mature, industry leaders began to ident…

RIP PRINT

All your CRE news in one app

Whether you are just starting out in the business or are a 30-year industry veteran, one thing never changes. In commercial real estate, information is power. Many pros start their day off by combing through the business section of their local newspaper, then it is on to other local, regional and national CRE news providers. How much time do you spend every day to make sure you aren’t caught with your pants down in a client meeting or pitch when someone asks, “So, did you hear how much One Corpo…