News Archives | Page 44 of 1011 | CREtech
As one of the main catalysts for business innovation, technology continues to elevate organizations’ productivity and improve their operational efficiency. In the current fast-paced commercial real estate environment, a comprehensive technology stack can help capture the most lucrative opportunities, drive employee performance and maintain a competitive edge.
Currencies crashing, inflation soaring, investors fleeing – today’s economic climate is anything but easy – is a wave of consolidation now inevitable among suppliers? Proptech might be a growing phenomenon but it is not immune to global headwinds. Having hit a record high in the first half of the year investment in proptech solutions has slowed as the year has gone on. The bubble is over, va...
A new report released by LMRE and Fifth Wall gives the first glimpse into how people in PropTech are compensated, their overall job satisfaction, and what would make them feel more valued at work. The data is based on a survey conducted in June 2022, which collected 500 responses from people working in PropTech around the world.
When looking at the inroads being made by proptech into commercial estate, “Too much is made about how many venture dollars are going into the space,” says Michael Beckerman, CEO of CREtech, the world’s largest platform devoted to commercial real estate technology. “That’s not the right barometer.”
JLL announced that Flex by JLL, its enterprise-grade flexible space solution, has entered into a leasing agreement with Manulife US Real Estate Investment Trust (“MUST”) for the opening of a 15,407-square-foot flex office and coworking space at 500 Plaza Dr. in Secaucus, New Jersey. This opening will mark the first official ground-up Flex by JLL space to come to market in the U.S.
Compass Inc. cut more jobs, part of cost-reduction moves by the real estate brokerage as it aims to turn a profit even in a weakening US housing market.
Nearly a quarter of CEOs in the sector earn $250,000 or more per year, according to a survey by LMRE and Fifth Wall. While salaries in top roles can be high, they also vary significantly. Some 17% of CEOs and presidents earn between $30,000-$50,000.
Adam Neumann’s new rental-apartment startup recently received a $350 million investment from venture-capital firm Andreessen Horowitz. That big check came with an unusual catch.
HqO and Building Engines, the world’s leading workplace experience and building operations companies, today announce they are furthering their partnership through integrating Building Engines Prism with the HqO Workplace Experience Platform. The news follows the companies’ initial partnership announcement last year, and enables workplace experience managers of commercial real estate (CRE) comp...
Sway Ventures announced that multi-decade commercial real estate operator and former Blackstone backed, EQ Office CEO, Lisa Picard has joined the firm as a Partner. Picard adds to the PropTech team at Sway Ventures, which includes Ray Wirta, former Chairman of CBRE, as well as advisors including Doug Holte, CEO for Hines Global Innovation & ESG; Stephanie Fuhrman, former MD of Innovation at Gr...