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CRETech February 18, 2020
Unprecedented growth in many cities has made affordable housing a challenge around the world. A 2018 study revealed that of 200 cities polled globally, 90 per cent were considered unaffordable when applying the standard of average house prices being more than three times the median income. The United Nations has flagged housing affordability as an issue of strategic importance for “development,...
CRETech February 18, 2020
In our next installment of Profiles in Success, a series where NAA talks to successful apartment professionals to learn how they got to where they are, we visit with an SVP of Strategic Initiatives. Name: Karen Hollinger Company: AvalonBay Communities, Inc. Current Title: Senior Vice President, Strategic Initiatives Years in the Indust...
CRETech February 17, 2020
SoftBank Group Corp. founder Masayoshi Son said he is considering a new type of fund for startup investing, showing his determination to keep cutting deals after missteps with WeWork and several other companies. The Japanese billionaire unveiled his $100 billion Vision Fund three years ago and had been pl...
CRETech February 17, 2020
New York, NY (February 18, 2020) —CREtech (cretech.com), the leading global conference and research company devoted to innovation in the Built World, will showcase a panel around the current state of funding and valuations at their first event in 2020. To be held in Austin, Texas on April 22nd and 23rd, the panel will be moderated by Allison Sedrish, Director at Barclays Investment Bank  who wi...
CRETech February 17, 2020
The CREtech monthly PropTech Funding Report highlights trends in venture capital investments in real estate tech (proptech) companies.  These trends have a profound impact on the greater real estate industry and the built environment. Strategic proptech trends have the potential to create opportunities, drive significant innovation and disruption. In this data-rich report, CREtech analyzed and l...
CRETech February 17, 2020
If you’re uncertain whether AI is the best or worst thing to ever happen to cybersecurity, you’re in the same boat as experts watching the dawn of this new era with a mix of excitement and terror. AI’s potential to automate security on a broader scale offers a welcome advantage in the short term. Yet unleashing a technology designed to eventually take humans out of the equation as much as p...
CRETech February 17, 2020
UrbanFootprint, a Berkeley, Calif.-based location intelligence and urban planning software platform provider, raised $11.5m in Series A funding. The round was led by Valo Ventures with participation from Social Capital and new partner Radicle Impact. The company intends to use the funds to advance its offerings and grow its customer base of cities, urban planners, and companies across the energy...
CRETech February 17, 2020
Last fall, a Cincinnati council member pitched housing legislation to a room full of elected officials. Dubbed “Renter Choice,” it would require landlords and property managers to offer alternatives to cash security deposits. Cincinnati has since passed a version of the bill, and at least five other states got started on their own. New York City is now considering joining their ranks.
CRETech February 17, 2020
Redfin’s losses nearly doubled to $81 million in 2019, but there was a silver lining to be found on Wednesday. The Seattle-based discount broker said in its quarterly earnings call that it narrowed its net loss to $7.8 million from $12.2 million during the fourth quarter, thanks to better margins. During the quarter, revenue also rose 88 percent year-over-year to $233 million.
CRETech February 17, 2020
Ex-HB Reavis business development analyst, Eugene Tavyev, has launched a search platform aimed at helping firms find workspace, dealing directly with office hosts. Spacepool, based in London, seeks to connect independent flexible workspace operators with companies by helping to find the right space based on their selected criteria and removing the need for an agent. Tavyev, who has funded the st...