News Archives | Page 615 of 1015 | CREtech
Mathrani starts his leadership post at WeWork Feb. 18, the company announced earlier this month. The former CEO of Brookfield Properties’ retail group is known for his turnaround of Chicago-based mall owner GGP following its 2010 bankruptcy and overseeing its $15B sale to Brookfield in 2018. His experience in that financial recovery, as well as his relationships with landlords, investors and o...
WeWork’s spectacular decline last year has dented investor confidence in the property-technology industry, according to a new survey. Only 45% of so-called proptech investors said they plan to make more investments in 2020 than in 2019, down from a high of 64% in the middle of last year. Co-working startup WeWork’s failed initial public offering helped the industry become more realistic abou...
One of Austin’s most active venture capital firms is building up a new advisory program, and it has locked in four Austin startup executives to lead the way. LiveOak Venture Partners said its new Venture Advisors program is a more aggressive approach to what the firm is already doing as it advises portfolio companies and helps identify opportunities.
Perhaps the most prominent name on the li...
HOUSTON—Los Angeles-based real estate investment manager Stockdale Capital Partners recently appointed tenant technology firm, Equiem, to launch its app across a million square feet of prime office space in Houston and Scottsdale, AZ. The assignment expands Equiem’s presence in the Southwest to more than 2 million square feet.
Landing, a San Francisco, CA-based company offering a flexible leasing membership for long-term living, secured $30M in new funding. This included a $20M Series A led by Greycroft with participation by Maveron and Abstract Ventures, alongside a $10M debt facility. The company, which has raised $45M in total funding, intends to use the funds to continue its expansion to additional U.S. markets an...
Commercial real estate data site Reonomy is expanding westward. After successfully raising nearly $70M in a Series D funding round in November, officials at the New York-based company said they plan to use some of those funds to open an office in Los Angeles.Reonomy CEO and co-founder Richard Sarkis told Bisnow that the goal is to create a second headquarters for the company.
Doubling in size every year since our launch, FUTURE PropTech has been part of the movement that has made innovation & technology integral to the real estate sector. Join over 2,500 institutional investors, real estate private equity, fund managers, property developers, construction firms, facilities & property managers, surveyors, brokers and VC’s to shape the future of the growing prop...
If you follow the money trail, it looks like retail tech investors are betting on physical stores. CB Insights, a market intelligence platform that analyzes tech funding deals, found investment in 2019 began to shift away from e-commerce and direct-to-consumer companies, and toward tech that makes physical stores smarter, such as cashier-less checkout, robots that r...
Convertible notes are not just for early-stage startups any more. These promissory notes, which are structured as debt that convert into equity upon a specific event like a certain date or the closing of a priced investment round, are increasingly being adopted by established companies that have already raised millions of dollars in venture capital.
CREtech (cretech.com), the leading global conference and research company devoted to innovation in the Built World, will be showcasing the leading-edge commercial estate development companies at its first event in 2020. CREtech has announced that Charles Kuntz, Innovation Officer at Hines, and one of the most respected professionals in the world of real estate tech, will be one of the featured spe...