Latest in Commercial Real Estate Tech News by CREtech

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CREtech Tech Consultants Are Producing Best-In-Class Tech Solutions for The World’s Top Real Estate Firms

CRETECH
6/15/2021

Top tech consultants are leading real estate firms to adopt innovative tech solutions that are proven to advance long-term business performance. June 15, 2021 — CREtech (cretech.com), the largest media company devoted to covering the real estate technology sector, announced that its CREtech Consulting Practice has been supporting the world’s top real estate firms to generate significant returns on investment by adopting tech solutions within their portfolio. CREtech’s Global Innovation Consult…

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Done Working From Home? Prepare for More Hot Desks

The Wall Street Journal
6/14/2021

Sarah Vanunu started a new job three weeks ago at MyHeritage, an online genealogy platform based in Or Yehuda, Israel, and thanks to Israel’s speedy vaccine rollout, she has been eligible for in-person work since she began. But she only goes in on Mondays and Wednesdays and leaves nothing on her assigned desk in between, since different people work there the other days of the week….

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Flyhomes Raises $150M To Streamline Homebuying

Crunchbase News
6/14/2021

End-to-end homebuying startup Flyhomes has raised $150 million in a Series C round of funding, the company announced Thursday. Flyhomes helps clients through the entire homebuying process. It offers products including home lending and the option for buyers to make cash offers by helping them get pre-approval for underwriting for a short-term loan.

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Katerra employees fire back with lawsuit over abrupt closure

The Real Deal
6/14/2021

Reports surfaced June 1 that construction startup Katerra was shutting down its U.S. operations. Three days later, mass layoffs began. Now, three former employees are pursuing a class-action lawsuit against the construction startup, alleging it failed to provide adequate notice of their termination. The lawsuit, which is seeking to certify a class of some 700 laid off Katerra employees, was filed as an adversary complaint in Katerra’s bankruptcy case….

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3 lessons COVID-19 has taught us about remote work

Fast Company
6/14/2021

Citi’s CEO, Michael Corbat, thinks productivity may suffer with long-term remote work. Facebook’s Mark Zuckerberg anticipates as much as half of Facebook’s employees will transition to working remotely over the next five to 10 years. Netflix’s Reed Hastings believes working from home is “a pure negative.”…

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How Videoconferences Make It Harder for Employees to Collaborate

The Wall Street Journal
6/14/2021

Now that we’ve all mastered the art of the video call, out comes new research that suggests videoconferencing can actually hamper collaboration. And the best solution might be to turn the camera off.

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Airbnb Adapts to the Post-Pandemic Traveler—and Host

The Wall Street Journal
6/14/2021

Travel is picking up again, and so is Airbnb Inc.’s business. After a big drop in revenue, job cuts and other cost-saving measures in 2020, the company saw a 5% revenue gain during the first quarter.

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The Innovators: Common Founder And CEO Brad Hargreaves

Bisnow
6/14/2021

Common and its founder and CEO, Brad Hargreaves, have been getting news coverage since the company’s founding in 2015 as one of co-living’s earliest success stories. Now, the company seems like it might be one of co-living’s last survivors….

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Hotel industry emerges from pandemic with new business model, possibly fewer workers

The Washington Post
6/14/2021

As Americans travel more, they are encountering a hotel industry that has undergone dramatic transformations and might never return to its pre-pandemic business model.

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NEW! The Future of Retail: Turning Data into Profit, Part 3

CREtech+
6/14/2021

Sandy Sigal, President and CEO of Newmark Merrill Companies reveals what three things he considers his best investments to do well, and the real-world, community implications he is excited about with the evolution of technology in the retail space.

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