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Kasa Korea, a property technology startup, said Thursday it has raised some 9.2 billion won ($7.8 million) in a pre-series B funding round. The latest funding was led by the state-run Korea Development Bank.
WeWork is selling control of its China business, the latest sign that the company is abandoning its former rapid growth approach and looking to reduce risk. A group led by investment firm Trustbridge Partners paid $200 million to increase its stake in WeWork China, which leases and effectively sublets office space in the country, the companies said.
The webinar was led by Steve Weikal, Head of Industry Relations for the MIT Center for Real Estate and he was joined by Co-Chairs Lindsay Baker and Brendan Wallace of Fifth wall. The focus was on the importance of the Real Estate industry in becoming more innovative and adopting new technologies so that we can ultimately become a true zero carbon world. The question is, how can we get there from w...
Israel-based Hetz Ventures has closed its second flagship fund totaling $77 million, bringing its total amount to $130 million. The company, which focuses on early-stage pre-seed companies, has invested in 10 companies since its launch in 2018.
With environmental benefits and lower labor costs, mass timber has grown into a market that could rival steel and concrete in the construction industry.
The ever-optimistic real estate industry has publicly expressed confidence in New York City's ability to come back from the coronavirus pandemic’s economic blow, citing its recovery from the 9/11 terrorist attacks and the Great Financial Crisis. But that famous Big Apple resilience hasn’t shown up yet, and even New York commercial real estate luminaries like RXR Realty CEO Scott Rechler are c...
Previously, Zillow relied on local brokerage partners to represent it when it purchased homes. Zillow’s iBuying is a burgeoning piece of its business, and by bringing that work in-house, Zillow said it hopes to make the transaction smoother for homeowners.
Apartment rents in big cities are dropping, but some entrepreneurs and venture investors are still making long-term bets on the housing industry. Co-living and rental-apartment management company Common completed the raising of $50 million in new venture capital this month, becoming the latest apartment startup to wager it can expand despite the pandemic. Earlier this summer, apartment-development...