News Archives | Page 466 of 1015 | CREtech
The global payments market is enormous. The industry is $240 trillion in size, which is larger than the global GDP of roughly $85 trillion*. Over the past decade, startups and established players have capitalized on this opportunity by modernizing the payment process for consumers. But the business-to-business payments space, which is actually much larger than consumer payments, remains antiquated...
Real-estate investors have a mountain of money looking for a home. Lately a lot of it is ending up in suburban single-family houses. Invitation Homes Inc.,
Prescriptive Data, a privately-held smart building technology company focused on using artificial intelligence to optimize tenant comfort and decrease carbon emissions, announced yesterday that KPMG LLP (KPMG) has selected its flagship building operating system, Nantum OS, to be deployed as part of its new patent-pending blockchain capability, Climate...
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...