News Archives | Page 614 of 1015 | CREtech
Marcelo Claure said WeWork’s new plan for profitability makes the firm a good investment for SoftBank, but investors still have questions. During an interview with Andrew Ross Sorkin on CNBC, the WeWork executive chairman spoke about the beleaguered office-leasing firm’s future after a series of leadership changes at WeWork and its main investor SoftBank. Claure, executive chairman of the co-...
Second Century Ventures, the venture capital arm of the National Association of Realtors®, made an investment in Updater, a NYC-based digital moving concierge company. The amount of the deal was not disclosed. The company intends to use the funds to support growth initiatives, including the acquisition of Bridgevine, a provider of technology for home subscription sign-ups and associated concier...
NEW YORK—San Francisco has been a valued marketplace for many different asset types—just not so much industrial. Yet, as Newmark Knight Frank noted in a new report, that is rapidly changing.
SoftBank Group continues to suffer fallout from the conspicuous missteps of its venture fund. Michael Ronen has stepped down from his position as managing partner of U.S. investments at SoftBank Vision Fund, the Financial Times reports. Ronen said in an interview with FT that he had been negotiating the specifics of his departure for weeks after raising issues he had with the fund. Ronen joined...
Impala has raised another round of funding just a few months after raising an $11 million Series A round. This time, the startup is raising a $20 million Series B round led by Lakestar. Latitude Ventures is also participating in the round. The company is building a service that works pretty much like Plaid, but for hotel rooms. The hotel industry relies on old-school “...
“Key indicators for the property market are encouraging, and we expect to see improvements at Move [News Corp. owns Move, which is parent company of Realtor.com] in the second part of the year, largely due to the progress at Opcity,” he said. News Corp. acquired Opcity for $210 million in 2018 and rolled it out on Realtor.com last year. Opcity vets leads before it sends them to agents, and al...
CoStar Group, Inc. (NASDAQ:CSGP) the leading provider of commercial real estate information, analytics and online marketplaces, announced today that it has signed an agreement to acquire RentPath’s business for $588 million in cash, in connection with RentPath’s recently announced Chapter 11 bankruptcy process. RentPath’s primary service is digital marketing for rental properties through a ...
More than five months after the founder of troubled real estate crowdfunding platform Prodigy Network stepped down, investors say the firm has gone quiet about its efforts to turn around faltering projects, leaving millions of dollars in investor funds hanging in the balance.
New York, NY (February 13, 2020) —CREtech (cretech.com), the leading global conference and research company devoted to innovation in the Built World, will be highlighting the growing European proptech sector at it’s first event in 2020. CREtech has announced that Taylor Wescoatt, Partner at Concrete VC, and one of the most respected and leading Venture Capitalists in Europe will be one of the ...