Lauren
January 26, 2021
Rhino, a startup offering an alternative to security deposits, has raised $95 million after a surge in demand sparked by the need for more affordable housing. The round, led by Tiger Global Management, values the New York startup at nearly $500 million, the company said Tuesday.
Lauren, Author at CREtech | Page 147 of 282
Rhino, a startup offering an alternative to security deposits, has raised $95 million after a surge in demand sparked by the need for more affordable housing. The round, led by Tiger Global Management, values the New York startup at nearly $500 million, the company said Tuesday.
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Through Tishman Speyer Innovation Corp. II, a new special-purpose acquisition company, the New York-based commercial landlord is looking to raise $250 million for another proptech deal, it disclosed in a regulatory filing Tuesday. Over the past five years, Tishman has strategically invested in proptech startups.
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It’s been more than five years since Denholtz Properties dipped its toe into the world of crowdfunding, a tool that was in its infancy when it came to commercial real estate. These days, the firm sees it as an essential piece of its capital stack — with a pool of some 800 accredited investors using the online platform known as CrowdStreet. What’s more, Denholtz has used the platform to creat...