That group includes late-stage backers SoftBank Group, Wellington Management and Dragoneer. It also includes Joshua Kushner's Thrive Capital, Salesforce CEO Marc Benioff and American Express CEO Kenneth Chenault, who invested in Compass' early funding rounds, along with industry players Miki Naftali and LeFrak.
News Archives | Page 411 of 1015 | CREtech
Today, Techstars, the worldwide network that helps entrepreneurs succeed, announced that the company’s Board of Directors has appointed Maëlle Gavet as Chief Executive Officer effective January 11, 2021. Outgoing CEO and co-founder David Brown will continue to serve on the board. Techstars also announced David Cohen, co-founder, will assume the new role of Chairman of the Board of Directors.
The LEX marketplace lets both accredited and unaccredited investors obtain minority positions in commercial real estate properties through single-asset IPOs, according to the company. Investors can buy and sell shares of commercial real estate assets without lockups through LEX’s platform, which is powered by Nasdaq.
Sonder, a VC-backed hospitality startup, is beefing up its C-suite as it looks to move past a volatile few months for the travel industry. The San Francisco-based company, which leases apartments and turns them into furnished, short-term rentals, said CFO Sanjay Banker, who joined in 2019, would add “president” to his title to help oversee the company’s growth, including a major expansion in...
Over the last quarter of a century, no asset class in real estate has seen more transformation than the retail sector, due to advances in technology, innovations in the supply chain and ever-advancing changes in consumer behavior. Where once consumers flocked to suburban shopping malls and the brick-and-mortar stores of city streets, ecommerce - combined with next-day delivery capability - has com...
In the past year, everyone has become fluent in debates around wearing a mask, indoor exposure, ventilation and the infection risks of the coronavirus. But unlike many of their commercial real estate peers, property managers, especially those working residential properties, have found themselves on the front lines of this dangerous pandemic, which has radically changed their workplace, workloads, ...
In October, students at the University of Illinois, Urbana-Champaign, held an intimate jazz concert at a bar downtown, with an audience of about 20 peers and faculty members — all of whom held digital passes indicating they’d recently tested negative for Covid-19. Two jazz ensembles performed, sometimes with masks and coverings for their instruments, and other times without.