News Archives | Page 595 of 1007 | CREtech

Big data is one of the most lucrative by-products of the digital revolution, enabled by the flood of information from smartphones, cars, clouds, and connected devices. Numerous startups have emerged to cash in on these opportunities, including those catering to ride-sharing and delivery drivers. Founded in 2016, Gridwise claims to help drivers earn as much as 39% more per hour by pooling data fro...

At a Midtown event last week, a marketing manager for Israeli startup Guesty said New York was “one of [the] biggest, if not the biggest market” for the short-term rental management company. The city now says most of that market is illegal.

New York, NY (March 3, 2020) —CREtech (cretech.com), the leading global conference and research company devoted to innovation in the Built World, will be showcasing a panel of the most active companies in the real estate tech M&A space at its first event in 2020. To be held in Austin, Texas on April 22nd and 23rd, the panel will feature William Zola, President at LightBox, one of the leaders...

A recent conversation with a large retailer went like this: ‘The market is tanking, opening up some real buying opportunities, do you want to get involved with a distressed asset fund we are putting together?’ ‘Are you kidding? We are murdering our Landlords on rents, there is no way we’d buy any retail real estate’.

Pat O’Meara found success structuring deals for the Catholic Church, but early last year he found a new calling: Raising millions of dollars from cryptocurrency investors for real estate and infrastructure acquisitions

CoStar Group reported $315 million in net income in 2019, following a year of acquisitions and the conclusion of a protracted legal fight. The real estate data firm said Tuesday that it generated $1.4 billion revenue in 2019, up from $1.2 billion in 2018. Its income was up 32 percent from the previous year, while its cash and cash equivalents dipped slightly from $1.1 billion to $1.07 billion. Co...

With the opening of its first large-format cashier-less grocery store in Seattle on Tuesday, Amazon is on its way to further expanding its physical footprint across U.S. cities. The big picture: Amazon’s 2017 purchase of Whole Foods was never the end of its grocery ambitions — or its fight to win a bigger share of the whopping $700 billion per year American grocery industry. ...

Thanks to 21st-century technology, modern consumers are conditioned to expect an Uber ride, dinner delivery, or online order from Amazon in a nanosecond. Likewise, renters at the average Class A property expect their community to give them the same instant gratification and provide access to on-site concierge services on-demand, including dog walking, transportation, dry cleaning, and more. It�...

Quarters Holding GmbH (formerly Medici Living Holding GmbH), the largest co-living operator in North America and Europe, announces the successful completion of its Series B fundraising. Existing shareholder, W5 Group, led the round, which was in the double-digit millions. “The new capital will accelerate Quarters’ growth as we expand our footprint in the United States and broaden our member se...

Late Friday afternoon, construction management software provider Procore Technologies filed an S-1 with the U.S. Securities and Exchange Commission. The company outlined its plans, which we previewed here, last September for an initial public offering of its common stock.