Lauren, Author at CREtech | Page 80 of 289
This isn’t because the sector is inherently technophobic, but rather because innovation has not been part of the culture, nor has there been any pressure to innovate until recently, and in the end technology for technology’s sake doesn’t necessarily appeal to professionals whose experience is rooted in the tangible bricks and mortar of real estate.
WeWork reported a $2.1bn loss in the first quarter of 2021 after a year of falling memberships and a continued attempt to turn the business around. Should WeWork’s woes spook its competitors, or is the flexible office market on course for a recovery?
Paige Pitcher, Director of Innovation at Hines, details the strategies and mindset that keeps Hines on the cutting edge of technology and innovation.
It took months for bosses and employees to adjust to working remotely in the pandemic. The next era of work might be even more messy. Companies are laying down new rules and setting expectations for hybrid work as some workers c...
Proptech startup Stavvy's cofounder helped change state laws to make notarizing documents online possible. Now the company has raised more than $40 ...
Landlords and occupiers aren’t exactly on the same page when it comes to future space usage. While 71% percent of commercial occupiers say the shift to remote work has fundamentally changed their long-term approach to space usage, 69% of landlords see no lasting impact from COVID-19, according to a survey of 200 tenants and 50 landlords from MRI Software and CoreNet Global.
The startup has raised $150 million in a series D funding round, bringing the value of the company to more than $1.5 billion, Inman reported. The latest round was led by Tiger Global with participation from Sequoia, Y Combinator, F-Prime, Maverick, Alkeon, and Wellington Management.
Total addressable market, or TAM, is a metric investors use to figure out whether a sector is worth their trouble. With a tiny TAM, even a home-run investment in a startup may not generate the return investors crave. Target a big TAM, however, and things get a lot more interesting.
