Crowdfunding Marketplace Hits $500M Mark

PORTLAND, OR—CrowdStreet’s online marketplace for direct equity commercial real estate investment crossed the $500 million threshold in total online investments last month. This represented a record number of new individual investors on the platform.

Turner Construction Company Holds Fifth Innovation Summit

Turner Construction Company held its fifth Annual Innovation Summit in Silicon Valley, California. The event brought 225 Turner colleagues together with business and industry thought leaders to exchange ideas and collaborate around the theme of Courageous Innovation: Exploring What Could Be.

Lindsay Baker, WeWork’s Head of Sustainability, Joins Measurabl Board

Lindsay Baker, Global Head of Sustainability and Wellbeing at WeWork, has joined the Board of Directors at Measurabl, the world’s most widely adopted software for commercial real estate ESG (environmental, social, governance) data management. “Lindsay is a real estate technology pioneer and understands the importance of sustainability to the industry,” said Matt Ellis, Measurabl’s CEO. “Her experience as an entrepreneur, engineer, and industry disruptor will be hugely invaluable to Measurabl an…

Marriott Launches Home-Sharing Service In U.S. To Compete With Airbnb

Marriott International has announced itself as a player in the same arena as Airbnb. The worldwide leader in hotel rooms will be launching its home-sharing service, called Tribute Portfolio Homes, across the U.S., Europe and Latin America as early as next week, the Wall Street Journal reports. Marriott could have more than 2,000 rooms in “high-end homes” across 100 markets, according to the WSJ.

Can blockchain cut down closing costs?

Blockchain is at the core of how Figure Technologies, a fintech co-founded by former SoFi chief Mike Cagney, is originating home equity loans. The startup claims the same technology can also help reduce mortgage closing costs for new homeowners, who typically pay up to 5% of a property’s value.

Shared Housing Startup HomeShare Shuts Down

A San Francisco-based shared housing tech startup that matched roommates to live in converted micro-apartments has shut down. In a letter on its website, HomeShare CEO and founder Jeffrey Pang announced Friday that his company has shuttered its operations. The closure comes a couple of weeks after the company laid off a majority of its staff and cut costs due to “unexpected financial constraints arising from a financing that did not materialize,” Pang said.

Coworking Grows in San Diego as Biotech VC Stumbles

San Diego is one of the country’s premier biotech hubs, but a single co-working deal exceeded the city’s total VC investment in life sciences during the first quarter, according to a new report by CBRE. Shared office startup CommonGrounds Workspace landed $100 million in Series A funding in January to fuel its aggressive growth plans, as Southern California’s flexible office sector continues to heat up. By contrast, life science investment in San Diego totaled just $76.2 million in the first …

How Goodwin Became a Household Name in California’s Startup Community

Alfred Sanzari Enterprises Collaborates with Better Spaces to Launch Office-Based Flexible Tenant Engagement Service for First Time in New Jersey

Teaneck, N.J. (April 29, 2019) – Alfred Sanzari Enterprises, a preeminent family-owned and operated commercial and residential real estate firm, announces a partnership with Better Spaces, a flexible, solutions-focused amenity and tenant engagement service, at Glenpointe owned by Alfred Sanzari Enterprises, one of New Jersey’s premier office destinations. The partnership is designed to enhance the employee experience and promote work-life balance through an experience-based agile amenities platf…

WeWork Files for I.P.O., Joining Wave of Cash-Burning Start-Ups in Going Public

Over nine years, WeWork has grown from one work space in Manhattan into a global empire of trendily designed shared offices, business services and more.

Now WeWork is hoping that public investors believe the company can eventually turn a profit from that vision.