Behind Roomi’s ruin, allegations of reckless spending and nepotism

This spring, commuters trapped in New York City’s notoriously delayed subway found themselves surrounded by colorful ads for the roommate-matching startup Roomi. Plastered all over train cars and the walls of well-trafficked stations like West 4th Street, they depicted millennials engaged in the daily struggle of New York living.

Apartments’ Digital Revolution

From property management and marketing to investment brokerage and financing, new technologies are disrupting and transforming every corner of the multifamily market.

6 UrbanTech Innovations That Could Transform Our Cities

It is impossible to walk down the street in a major city without encountering myriad ways technology has transformed the urban environment. But many more technological advances are on the way that could change fundamental aspects of urban life, such as the way we interact with our sidewalks and roads, how we enter buildings and amenity spaces, and the method with which developers design and construct residential and office buildings.

EXCLUSIVE: London’s Broker Of Choice For Startups And WeWork Is Opening In NYC

Kontor, the niche London tenant rep firm which advises some of the U.K.’s fastest growing and best known tech businesses, is expanding to New York. The four-year-old firm will officially open its New York office in January and has already completed a handful of deals in the city, including the first NYC office for Revolut, the online bank and fintech company valued at $1.7B now launching in the U.S.

Ford Buys Electric-Scooter Startup, Looking to Diversify Beyond Autos

Ford Motor Co. F -1.46% is getting into the fast-growing electric-scooter business by acquiring San Francisco-based startup Spin, as more car makers push into services aimed at urban dwellers who may not want to own a car. Ford said it purchased the two-year-old electric scooter firm, which operates in about a dozen U.S. cities, including Denver, Charlotte, N.C., and Long Beach, Calif….

Wall Street Analysts Are Now Selling More Data, Less Analysis

Wall Street analysts are doing data differently. Banks for years have crunched data on company earnings, price targets and other mundane metrics for clients who might use the information to make investing and trading decisions.

Nestio Rolls Out Next Gen of Apt. Leasing Platform

Apartment leasing platform Nestio has rolled out a new suite of enhancements and features designed to streamline the entire rental process. The company, which recently completed a $4.5-million fundraising round with prominent names including Rudin Ventures and the Moinian Group’s venture arm Currency M, says the enhancements take Nestio from an inventory management and syndication platform, to marketing and leasing automation platform.

Crowdfunding startup RealtyShares to cease investing, faces mass layoffs

Real estate crowdfunding company RealtyShares is set to lay off the vast majority of its staff and faces an uncertain future following a failed attempt to secure more funding, according to multiple sources familiar with the matter. The startup has raised more than $63 million from venture capital players like Union Square Ventures, Cross Creek, Hone Capital and Blue Mountain, as well as Starwood Capital’s Barry Sternlicht and Chinese firm Danhuan Capital.

Altus Group Launches Next Generation Software Platform ARGUS Cloud and Web Application ARGUS Acquire to Enhance Investment Performance for Commercial Real Estate Industry

ARGUS Cloud to power new web-based applications, increase user collaboration and improve ability to leverage CRE data TORONTO (November 5, 2018) – Altus Group Limited (“Altus Group”) (TSX: AIF), a leading provider of software, data solutions and independent advisory services to the global commercial real estate (“CRE”) industry, announced today the launch of ARGUS Cloud and ARGUS Acquire. ARGUS Cloud is a cloud-based platform for CRE asset and investment management that leverages functionality…

Hot Startups in CREtech

In my new Vlog, I sat down with four of the hottest startups in CREtech that have really gotten my attention. We discuss why they got into the space now, what they are doing that’s so innovative, and what their perspectives are on the industry. A big thank you to the following for participating: LD Salmanson, Co-Founder, Cherre; Rob Finlay, Founder & CEO, Lyra Intel; Guy Zipori, Co-Founder & CEO, Skyline AI; and Yan Khamish, Chief Commercial Officer, Biproxi….