News Archives | Page 361 of 1020 | CREtech

As office vacancies climb to their highest levels in decades with businesses giving up office space and embracing remote work, the real estate industry in many American cities faces a potentially grave threat.

Shares of companies that own shopping centers, hotels and New York office buildings were decimated most of last year but mounted a first-quarter comeback, as investors bet that a vaccine rollout can revit...

Scott Evans, Chief Digital Officer at Related Companies discusses the innovation that went in to creating the first-of-it’s-class development, Hudson Yards, and how Related is scaling these capabilities across all of their platforms.

The explosion of SPACs in the last year has increased competition for private equity to find more traditional buyout targets, but also likely presents more opportunity and a quicker route to capital for those firms.

"Over the last few months, Newmark was a stalking horse on a process that used bankruptcy to take control of Knotel with around $100mm of new capital," Amol reportedly said in an email. "This process undermined lots of important relationships and hurt lots of customers and partners."

The acquisition gives Redfin control of RentPath’s subsidiaries, including Apartment Guide, Rentals.com and Rents.com, Inman reported. Redfin CEO Glenn Kelman said that listings from those platforms will appear on the brokerage’s website by 2022, according to the report. The deal closed in 42 days rather than the anticipated 90.

How buildings are built and operated can have far-reaching environmental implications. While there has been some movement toward more sustainable energy portfolios with net-zero energy and net-zero carbon targets for bu...

Venture capital firms this year have begun raising hundreds of millions of dollars that they plan to deploy into proptech startups aimed at taking on