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Amid real estate’s push for more tech talent to move the industry forward, Cushman & Wakefield has appointed its first chief data officer. Payman Sadegh has joined the global real estate services firm to “advance enterprise data management capabilities”.
Smart-lock maker Latch said its financial statements for 2021 and the first quarter of 2022 are unreliable. The Chelsea-based company, backed by Tishman Speyer, warned the SEC of “material errors and possible irregularities” in its financial reporting, Crain’s reported. The startup is conducting an internal investigation into the issue.
Reali, a California-based real estate and financial technology platform, plans to cease operations and lay off most of its employees by Sept. 9.
When Tim Cook sent his workforce home in March 2020, calling coronavirus a “challenging moment”, it is unlikely the Apple chief executive anticipated that he would have a battle on his hands to get those workers back to the office two-and-a-half years later.
A few years ago, we carried out an interview with Tzvete Doncheva, who has become one of the most prominent PropTech faces in recent years, with an active LinkedIn page and roles as a Board Trustee at Girls in Charge (a not-for profit international social enterprise) and adviser to The Entrepreneurs Network. This is alongside her day-to-day role as International Investor Relations Lead at venture ...
With the aim of becoming the premier adviser to property technology ("proptech") companies across office, multi-family, single-family, industrial, storage, retail and hospitality verticals, investment banker / private equity real estate fund manager Sandor Valner, alongside proptech expert Paul Stanton, have launched their own firm.
Did you know that there are over 9,000 real estate technology companies that have emerged over the past decade? Yes, over 9,000. With so many startups flooding the marketplace, the real estate industry needs something to cut through the marketing noise. There’s an ever-expanding universe of product solutions that are nice to have, but CRE professionals are usually looking for must-haves. It’s ...
A digital mortgage firm has cut another sizable chunk of its workers in its second major round of layoffs this year. Blend Labs eliminated 220 jobs in August, HousingWire reported. On top of 200 jobs cut in April, the company has chopped approximately 25 percent of its workforce this year. The company said it expects to save $60 million annually after the two rounds of layoffs, though the impact w...
CREtech, the largest international community of professionals devoted to technological innovation in the real estate sector, has announced that Michael Turner, President, Oxford Properties, and Richard Croft, Executive Chairman, M7 Real Estate, will take center stage at CREtech New York, this October 12-13, 2022.
Corporate Venture Capital has a bad reputation in the startup world. While there are some notable exceptions, this reputation is all too often well deserved. The best startups have their choice of investors and corporate venture funds are rarely at the top of that list and as a result even the best CVCs sometimes don’t get the opportunity to invest in those top st...