News Archives | Page 579 of 1015 | CREtech
Last week, we discussed some of the devastating effects of COVID-19 on not only the real estate industry, but also the world. Airlines, hospitality, restaurants, brick and mortar retail, and nightlife are some of the industries seeing near standstills, as people continue to self-quarantine in their homes. Although the health and safety of the community is priority number one and the shift has gene...
In the most drastic cuts seen in residential brokerage since the pandemic began, Redfin said Tuesday that it would furlough 41 percent of its agent workforce.In addition to the furloughs, the Seattle-based discount firm, an outlier in the brokerage industry for employing salaried brokers, said it plans to reduce its staff by 7 percent, or roughly 236, according to a regulatory filing.
As Dallas-Fort Worth-based Footprints Floors watched the coronavirus pandemic shut down large swaths of the economy, the installer of wood floors, laminates and carpets feared a steep loss in business. After all, employees are unable to enter clients’ properties to conduct project estimates.
VaynerMedia CEO Gary Vaynerchuk talks with Recode's Kara Swisher about the impact of covid-19 on entrepreneurship, why he stopped investing in tech companies two years ago, and how the pandemic could have a silver lining — separating the winners from the losers. Vaynerchuk also talks about why tech and Fortune 500 businesses will have an easier time weathering the crisis than restaurants and oth...
Airbnb Inc. is raising $1 billion in funding from private-equity firms Silver Lake and Sixth Street Partners as the company reels from a global hit to its business caused by the coronavirus pandemic.
To help communities stay connected and informed in our new normal, Rise Buildings is making our communications suite available for free to all properties. Rise will also cover costs associated with t...
The global economy is going through, what feels like, a natural disaster. In a recent CREtech Talk: Perspectives in a Time of Uncertainty webinar, four of the most active investors in real estate tech, including Merrit Hummer of Bain Capital Ventures, Travis Connors of Building Ventures, Daniel Fetner of Corigin Ventures, and ...
Cornerstone Projects Group, Trident Structures and Stream Realty Partners recently released development plans for Triune Centre, a six-floor 30,000-square-foot class-A office development. Triune Centre is the first office development in the United States to feature an automated valet parking garage located at 3400 West Freeway.
Real estate has always been a process that is document-intensive. But in a world where paper documents and in-person meetings are suddenly dangerous, the world of real estate closings is changing rapidly.
The Menlo Park, California-based company said Thursday it has laid off or furloughed 3% of its global workforce as the coronavirus pandemic continues grinding economies to a halt. "As parts of our business shut down, we unfortunately need to make some reductions in personnel through layoffs and furloughs," Katerra CEO Michael Marks said in a statement.