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CREtech is proud to introduce our new monthly content series focused on our Global Innovation Consulting Practice. Each month we will take a deep dive on an important trend in the world of real estate technology and innovation. These themes, which are carefully selected by our wor...
Brookfield Properties, one of the largest mall owners in the country, plans to lay off 20 percent of its retail staff, according to a report by CNBC.
A proptech startup that provides an online leasing marketplace for office tenants has joined one of the major brokerage firms. Avison Young announced Tuesday it acquired the intellectual property and other select assets of Truss, a Chicago-based proptech company founded in 2016.
In 2020, relying on traditional data to assess risk simply does not stand the test of reality. Okapi's CEO Iris Cedon shares actionable lessons from building the first AI lease-risk prediction tool. In this article you'll find best practices for supercharging your lease-risk assessment process, and a free worksheet that will help you monitor the health of your existing process.
Let’s get this one out of the way—despite all of the headlines, retail isn’t dying. After all, Amazon, the world’s largest company, with a significant web services business, 47 Emmy nominations, and exponential growth, is at its core, a retailer. When people frown upon the industry, more often than not they are thinking of department stores, which have become a “dirty word” in retail.
Jonathan Mechanic, chairman of the Fried Frank law firm’s powerful real-estate practice, is thrilled that his division completed major deals over the work-from-home summer that included the $1.8 billion financing of Brookfield’s One Manhattan West and the $350 sale-leaseback of 522 Fifth Ave.
The pandemic is raising the hurdles for entrepreneurs launching travel startups. Yet that hasn’t deterred venture capital firm Howzat Partners. The firm expects to raise up to $120 million (€100 million) for a new fund that will invest in travel startups and other digital businesses.
Sidewalk Labs has announced a new tool that uses real-time data and automation to optimise energy use in commercial spaces. The system, named Mesa, aims to help support cities’ climate action goals as more places push for greater energy efficiency in commercial real estate. It could help commercial buildings – partic...
Apple Inc. Chief Executive Officer Tim Cook said he’s been impressed by employees’ ability to operate remotely and predicted that some new work habits will remain after the pandemic.