News Archives | Page 459 of 1007 | CREtech
Newmark was not interested in the deal, in part because Cushman carries a high debt load, sources with knowledge of the offer told Bloomberg News. Cushman has about $3.8 billion in debt, which is larger than its market capitalization of roughly $2.6 billion.
Dealpath Connect will replace the need to constantly (and manually) review and process deal flyers, teasers, and OMs sent in from brokerage firms. The integration will enable Dealpath clients to directly receive the offerings in a digital format, in their Dealpath accounts – qualified listings can be moved into the deal pipeline for CA signing and due diligence, streamlining the engagement betwe...
As companies wrestle with the return-to-work question, VTS is arming landlords with a new tool: data that captures fluctuating supply and demand in real time. The New York startup said VTS Data, which launched today, is a first-of-its-kind product for investors and owners, who have historically relied on anecdotal information and dated market reports.
Compass is getting into the title and escrow business — two ancillary service lines that could boost its earnings as it works toward profitability. On Monday, the residential firm said it signed...
The San Francisco-headquartered company posted a net loss of $118 million on $2 billion in revenue for the first half of 2020, according to a Monday filing with U.S. securities regulators. That’s a decline from the same period last year, when Opendoor had revenue of $2.27 billion and a ne...
Greycroft, the New York and LA-based venture firm founded in 2006 by investors Alan Patricof, Dana Settle, and Ian Sigalow, has closed on two new funds totaling $678 million in capital commitments. One of those funds is its sixth flagship early-stage fund, which closed with $310 million. The firm also collected $368 million in commitmen...
As the conversations around long-term decisions start to percolate again after a six-month pause, some of the ways the coronavirus pandemic has adjusted new and upcoming developments are c...
Cityzenith CEO Michael Jansen said efforts are underway to develop the model of the core project site and the surrounding urban neighborhood, which will encompass most of Orlando. "The result will be the most advanced and feature-rich 3D digital twin model of a city in the United States," he said.
“Technology is powering modern leasing—remote, effective leasing is just not possible without it,” Stacy Holden from AppFolio said when discussing how apartment owners can fill vacancies faster. Today more than ever before, technology is becoming the key to both quickly and safely drive leasing in apartment properties.
Fifth Wall, the venture capital firm that’s backed Opendoor, States Title and Industrious, is looking overseas for its next hit. The Los Angeles-based firm is currently raising a $118 million European fund to invest in proptech startups. Although the fund is not yet closed, investors so far include the real estate arm of BNP Paribas, the French bank; Pontos, a Finnish family office; MOMENI, a Ge...