News Archives | Page 533 of 1015 | CREtech
If you consider the 80s and 90s to be the first wave of property technology, we can call that PropTech 1.0. CoStar (‘87), Argus (‘85), Yardi (‘82), RealPage (‘98), even Excel (‘85). All of these software platforms were created in the 80s/90s and grew to dominance in the commercial real estate industry. Construction saw AutoDesk (‘82), Trimble (‘78), an...
Republic, an alternative investment platform open to all investors, has acquired Compound, a real estate investment technology company that facilitates microinvesting in urban residential real estate. This is the second in a series of acquisitions for Republic this year. In April 2020, Republic announced the acquisition of Greycroft and Spark Capital-backed Fig, the leader in direct investment fo...
For decades a handful of urban areas have attracted the lion’s share of well-compensated knowledge workers. For nearly as long, the rest have tried mostly in vain to compete. Tax incentives and cheap housing have occasionally convinced big companies to ...
Crowdfunding firm Prodigy Network has sold one of its commercial properties at a $10 million loss, creating further uncertainty for investors in the troubled firm. The company sold 114 East 25th Street — where it operates the co-working space “The Assemblage” — for $41.3 million, property records show. Prodigy purchased the 12-story building for $51 million in 2016, borrowing $35 million. ...
The boom in coworking and flexible offices in the past five years has to a large extent been a city-centre phenomenon. The big brands like WeWork, IWG and The Office Group have focused on central London and big regional cities like Manchester and Birmingham, targeting growth at those areas with a high density of companies and workers.
The cost to acquire a new shopper who completes a purchase is now at $19.47–half of what it was a year ago, according to the 2020 Mobile Shopping Apps Report. And engagement from the install-to-purchase rate is up by 40 percent year over year.
On Wednesday, the Austin-based company announced its $3 million seed round led by Chicago Ventures, with Schematic Ventures, CEAS Investments and
Decisions by Microsoft and Amazon to refrain from sales of facial recognition software to law enforcement agencies could have negative consequences long-term if U.S. lawmakers fail to enact regulations governing the use of the technology, Microsoft CEO Satya Nadella told computer vision researchers this week. “We need to use this moment to advocate for strong national law, otherwise we’ll see ...
