News Archives | Page 550 of 1015 | CREtech

Buying a home is one of the biggest, and most expensive, decisions in a person’s life. Over the past year or so, we’ve written about a slew of startups that have developed technology aimed at making the process smoother and cheaper in one way or another.

LightBox, a leading provider of CRE data and workflow solutions, and First Street Foundation, a nonprofit 501(c)(3) research and technology group, announced a partnership today that will provide new data and analytic capabilities to support the valuation, underwriting, and assessment of commercial and residential property risk due to natural flood-related disasters.

A chasm is widening between owners and occupants of office real estate around the country. Though the coronavirus pandemic has thrust thousands of companies into remote work, office landlords are counting on most of them eagerly returning to their now-deserted offices. Given how well many companies report the forced experiment has gone, data shows that many tenants won’t be obliging.

Stay Alfred, a hospitality startup that raised $62 million, is closing its doors for good. Ending weeks of speculation and rumor, CEO Jordan Allen said revenue dried up during the coronavirus pandemic, and in March, the firm failed to raise $30 million in funding that would have let it stay open.

NJTV Business Corespondent Rhonda Schaffler interviews Planned Companies’ CEO Rob Francis about his company’s history, being the fourth generation of his family to run the business and the work they have been doing during the COVID-19 pandemic.

What are the immediate common interest implications for landlords and tenants of shopping centres and retail parks? Dominic Hordern explains. The government has set out a loose timetable for the reopening of currently closed retailers from 1 June. Retailers will need to carry out risk assessments and be “Covid-19 Secure”.

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