Vector Group Ltd. (NYSE: VGR) announced today that New Valley Ventures, its investment vehicle seeking opportunities in next-generation technologies in the property technology (PropTech) space, has made an investment in another PropTech company, Humming Homes, a New York-based tech-enabled home management service.
News Archives | Page 349 of 1015 | CREtech
The future of real estate is smart. Not implementing technology for technology’s sake, but the result of a conversation amongst tenants, owners and technologists focused on what the users of buildings actually want. WiredScore created a white paper to clearly identify what smart buildings consist of and why they matter today, featuring unique insight from global industry leaders such as Hines, S...
The Los Angeles-based firm is aiming to raise $250 million for the new special-purpose acquisition company, Fifth Wall Acquisition III. It will issue 25 million shares on NASDAQ at $10 apiece. Deutsche Bank, Goldman Sachs, and Bank of America are underwriting the deal.
Commercial real estate has been hit hard by the pandemic, but there are plans to convert some of the now empty spaces into apartment buildings.
After bidding for the job three years ago, general contractor Skanska USA officially broke ground this week on the Cordilleras Health System Replacement project that will significantly upgrade an existing
There’s a new architectural NFT artwork on the market. Based on a duplex overlooking the San Gabriel Mountains in Thousand Oaks, California, the NFT is a short video by artist Kii Arens that depicts the driveway view of an unremarkable suburban home. It has a psychedelically tinted view of the mountains beyond, and t...
Department stores, once a middle-class mainstay of convenience and indulgence, had been spiraling downward long before the pandemic turbocharged online shopping and helped tip a number of big-name retailers into bankruptcy. Nearly 200 department stores have disappeared in the past year alone, and another 800 — or about half the country’s remaining mall-based locations — are expected to be sh...
Metropolis, a leading AI-powered autonomous commerce platform, announced a long-term, national partnership with...
Casa Blanca, which aims to develop a “Bumble-like app” for finding a home, has raised $2.6 million in seed funding.
Co-founder and CEO Hannah Bomze got her real estate license at the age of 18 and worked at Compass and Douglas Elliman Real Estate before launching Casa Blanca last year. She launched the app last Octobe...
Electric vehicle and greentech companies have proven to be the sweethearts of the SPAC universe thus far when it comes to merger targets, but the question remains: where could they look next?