CREtech (cretech.com), the largest intelligence platform devoted to Reimagining Real Estate, has announced a Joint Venture with Lerner Associates, a specialist M&A firm in the sector. The venture will be focused on advising established real estate tech companies o...
Digital payments for rent are on the rise as the coronavirus crisis continues, a new study says. Conducted by Zego, an apartment technology firm, it found that credit card usage for processing lease payments was up 30% in April, and new registration on digital payments was 25% higher in April than a month earlier.
As the CEO of Kitchen United, Collins is seeing his three ghost kitchens performing well during the coronavirus pandemic. But he also owns and operates a separate restaurant, which he had to close the dine-in portion of, as part of a state and local order to prevent the spread of the contagious disease COVID-19.
Roughly one-third of Knotel’s members are looking for a break on rent, the flex office space company disclosed Tuesday. As Knotel grapples with its own financial woes, the figure sheds light on the dilemma facing co-working firms: a sudden loss of income from tenants, including many small businesses, as the coronavirus pandemic keeps people home across the world.
Compass is one of the richest residential brokerages, fortified with $1.5 billion in venture capital. Now facing an uncertain economic future, the company said it has enough cash to withstand a slump of two or three quarters.
For many people, working at home might only last as long as the government requires it. When they return, it will likely be to a changing office space environment.
Venture capital's biggest firms are heading into a recession with a slew of newly raised mega-funds, while smaller firms face a slump in fundraising. Lightspeed on Tuesday announced three funds totaling $4.2 billion, following in the footsteps of
