Office Archives | Page 22 of 91 | CREtech

CRETECH December 27, 2017
UrWork, which says it’s valued at more than $1 billion, is preparing a major incursion against WeWork. (Bloomberg)—The “UrWork” brand is no more. WeWork Cos.’s Chinese rival is re-naming its shared-office service “ucommune,” a re-tool that may help it side-step potential legal hassles as it pursues a global expansion. URwork (Beijing) Venture Investment Co. retains its formal name bu...
CRETECH December 27, 2017
Shares of IWG, formerly known as Regus, climbed 30 percent Wednesday after the company confirmed that Brookfield Asset Management and Onex made an “indicative proposal” to take the company over. IWG said there was “no certainty” that the two Canadian private equity firms would make an offer, nor what their terms would be, the Financial Times reported. But the company’s shares soared on W...
CRETECH December 26, 2017
WeWork is one of the largest providers of shared office space in the world, with over 10 million square feet of office space spread across locations in 16 countries and 23 cities in the United States. Shared office space can include private offices, dedicated desks in communal areas, or access to communal areas on a drop-in basis. They’re particularly useful for startups, solo entrepreneurs, and...
CRETECH December 26, 2017
Facebook Twitter Linkedin 2017 marked the year coworking grew up and became the leading driving force behind office sector growth. Community took a backseat in the coworking world as operators realized the importance of services to keep them in business. Property Groups, franchise, and partnerships allowed coworking operators to finance and power their growth and global expansion plans. This artic...
CRETECH December 24, 2017
Trends in Seed Stage Venture Capital: Across all areas of venture capital, more capital is being invested in funding rounds than ever before, but the number of companies receiving investment has dropped. This suggests that fewer deals are getting funded at the seed stage and investors are focusing more on later rounds of funding.  Via Axios The number of angel investors in the United States is ...
CRETECH December 24, 2017
Where to begin……. It has been for me by all measures an amazing year. Next year is already shaping up to be even more incredible. I'm lucky, I have a certain type of freedom that most may not have and I know it. I can go where I want, do what I love, say (mostly) what I want and meet the most amazing human beings on this planet. The never-ending quest to change the commercial real estate ...
CRETECH December 22, 2017
The room is a raw warehouse space that is partitioned off with curtains, hiding the bulk of it from view. I’m at the back of a group of girls who is..
CRETECH December 21, 2017
Though property prices came back down to earth in 2017, real estate tech valuations shot into the stratosphere. WeWork is now worth $20 billion. Compass is valued at $2.2 billion following a December funding round. Have you heard of Placester? Well, investors think it’s worth $202 million. The Jared Kushner-backed real estate crowdfunding startup Cadre now has a $800 million price tag. Big valua...
CRETECH December 20, 2017
The accelerated growth of the multifamily market over the last several years has some experts in the industry wondering how long it can last. However, demand for new apartments is projected to continue into the next decade, according to the National Multifamily Housing Council. Research indicates a need for 328,000 new units every year through 2030, for a total of nearly 4.6 million, but the indus...
CRETECH December 20, 2017
MENLO PARK, Calif., Dec. 20, 2017 /PRNewswire/-- Samitha Amarasiri has joined global consulting firm Protiviti as a managing director in its Security and Privacy consulting practice. Based in New York City, he serves clients nationally within the banking and insurance industries, and locally within the New York City metro area. Amarasiri primarily focuses on enhancing clients' cybersecurity p...