Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
GLOBEST
NEW YORK CITY—WeWork has signed a deal with SL Green to lease the entire office portion of the building at 609 Fifth Ave., between E. 48th and E. 49th streets. The co-working, flexible office space providers will occupy 135,000 square feet, totaling eleven floors spanning the third through the 13th, in the Midtown building. They plan to open the location in the first half of 2019.
CRETech
Here is the second part of my new Vlog on investors, with Jeffrey Berman, General Partner, Camber Creek; David Goldberg, General Partner, Corigin Ventures; Ed Walters, General Partner, Tamarisc Ventures; and Andrew Ackerman, Managing Director, DreamIt Ventures to discuss top trends and investment strategies in CREtech. I hope you enjoy it!
CRETech
For my new Vlog on investors, I sat down with Jeffrey Berman, General Partner, Camber Creek; David Goldberg, General Partner, Corigin Ventures; Ed Walters, General Partner, Tamarisc Ventures; and Andrew Ackerman, Managing Director, DreamIt Ventures to discuss top trends and investment strategies in CREtech. I hope you enjoy it!
WSJ
WeWork Cos. co-founder Miguel McKelvey a few years year ago brushed off the idea of an initial public offering, telling a small gathering in Napa Valley that the shared office-space company is “thinking about how to prolong that eventuality to a distant point in the future.” Enter SoftBank Group Corp. , which is increasingly poised to help WeWork and numerous other multibillion-dollar startups in Silicon Valley stave off IPOs….
NY TIMES
Every major university is wrestling with how to adapt to the technology wave of artificial intelligence — how to prepare students not only to harness the powerful tools of A.I., but also to thoughtfully weigh its ethical and social implications. A.I. courses, conferences and joint majors have proliferated in the last few years. But the Massachusetts Institute of Technology is taking a particularly ambitious step, creating a new college backed by a planned investment of $1 billion….
RECODE
After more than a year of fanfare, competition and city government prostrations, Amazon’s announcement of its second headquarters location is imminent. Back in September 2017 the e-commerce company first asked for proposals from North American cities on where to house its HQ2, which would come with 50,000 jobs and $5 billion in capital spending for the winning city….
THE NEWS FUNNEL
Brokers are like plumbers, they’re only as good as the tools in their toolbelts and co-living is quickly becoming an all-purpose patch kit. Whether the client is a recent hire making a quick move for work, a foreign national with little credit or a young person with limited financial resources, this new product is an all-in-one multi-tool. And, with a spectrum of options ranging to near-luxury, the segment is surprisingly versatile.
COMMERCIAL OBSERVER
At a time of uncertainty and flux, commercial real estate practitioners are increasingly turning to tech solutions, according to the Urban Land Institute’s annual “Emerging Trends in Real Estate 2019,” released during the organization’s fall meeting in Boston last week.
PR NEWSWIRE
BOSTON, Oct. 14, 2018 /PRNewswire/ — Workplace Solutions and LiquidSpace today announced a partnership to facilitate economic opportunities for asset owners and operators by better serving growing demand for flexible office in the United States. Led by Workplace Solutions President Josh Lisman and LiquidSpace CEO Mark Gilbreath, the partnership will leverage technology from LiquidSpace to offer flexible office solutions for the Workplace Solutions network and its clients….
CREtech
Fast growing event, data and research platform devoted to commercial real estate technology continues to scale New York, NY (October 15, 2018) — CREtech (CREtech.com), the leading commercial real estate tech event and content platform in the industry is pleased to announce two new hires to keep up with the company’s extraordinary growth; Anne Campbell, Chief Growth Officer and Bethany Bevis, Director of Events. Recognized as leading experts in the technology, real estate and events business…
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