Retail Tech Investors Are Putting Their Money Where The Money Is—In Stores

If you follow the money trail, it looks like retail tech investors are betting on physical stores. CB Insights, a market intelligence platform that analyzes tech funding deals, found investment in 2019 began to shift away from e-commerce and direct-to-consumer companies, and toward tech that makes physical stores smarter, such as cashier-less checkout, robots that roam the stores looking for empty shelves, and electronic price tags that can offer targeted discounts….

More cash-crunched companies turn to convertible notes

Convertible notes are not just for early-stage startups any more. These promissory notes, which are structured as debt that convert into equity upon a specific event like a certain date or the closing of a priced investment round, are increasingly being adopted by established companies that have already raised millions of dollars in venture capital.

Charles Kuntz, Innovation Officer, Hines to Join Keynote Stage Speakers at Upcoming CREtech Austin Conference

CREtech (cretech.com), the leading global conference and research company devoted to innovation in the Built World, will be showcasing the leading-edge commercial estate development companies at its first event in 2020. CREtech has announced that Charles Kuntz, Innovation Officer at Hines, and one of the most respected professionals in the world of real estate tech, will be one of the featured speakers in Austin, Texas on April 22nd and 23rd. In a session titled “Integration Inundation: Connecti…

Failed Boston Coworking Deal Shines Light On Volatile Special Purpose Entity Leases

New York-based coworking provider Coalition Space was evicted from its branch at 68 Harrison Ave. in Boston’s Chinatown neighborhood Jan. 14 after not paying rent in November and December, according to court records. The coworking company, through a dedicated special purpose entity it set up for the space, had paid less rent than it owed for 14 months prior to that, lawyers for landlord Mai Luo claimed in a Boston Municipal Court filing late last year.

CRE Adoption of 5G Hits Speed Bumps

The adoption of 5G in the commercial real estate sector has proved more challenging than expected for developers, landlords and building owners constructing or enhancing the digital infrastructures of their properties, Arie Barendrecht, CEO of WiredScore, a CRE tech firm and creator of a digital connectivity rating system for the sector, tells GlobeSt.com.

Cherre on Nasdaq Spotlight

Our CEO and Co-Founder, L.D. Salmanson, joined Emily Drewry on Nasdaq Spotlight to provide an overview of Cherre and highlight our latest $16M funding round led by Intel Capital. L.D. also discusses some of the challenges with tech adoption in the commercial real estate industry. …

Reonomy Partners With Infogroup To Deepen Ownership Data

Commercial real estate data firm Reonomy, a few months removed from a $68M funding round, has sealed another partnership to beef up its data offerings. Reonomy has launched an exclusive partnership with Infogroup, bringing the data company’s information on hundreds of millions of individuals and tens of millions of businesses onto the property data firm’s platform. Terms of the deal were not disclosed. “The reason we like these types of partnerships that have exclusivity and are deeper partnersh…

LiquidSpace Bids To Be The Federal Government’s One-Stop Coworking Shop

The federal government in December put out a call that it was looking for co-working space nationwide. A request for proposals from the General Services Administration noted that 50% of dollars allotted would go toward small businesses — but coworking operators would have to be active in at least four locations to qualify. That was a threshold many such companies were too small to meet.

AI can now design cities. Should we let it?

The coming M&A storm to dominate CRE

The tide has been slowly shifting toward mergers and acquisitions (M&A) in real estate tech, and this year a tidal wave will hit. A staggering 7,000 startups have received funding over the past five to six years and money invested in the sector doubled year over year, reaching $35 Billion in 2019. This frenzy of interest, however, has not been met with a similar flurry of Proptech adoption. Real estate dramatically lags behind other industries in embracing tech and innovation—“companies rein…