News Archives | Page 639 of 1015 | CREtech
North America has long been the leader of the proptech universe. While the U.S. has a greater number of proptech companies and a higher dollar volume, the entrepreneurial bug is spreading across Europe’s real estate industry, creating a new generation of real estate professionals and innovative companies. Over the past decade, the European proptech market has witnessed a significant rise in v...
The complexities around the buying and selling of residential real estate has spawned a multitude of startups here in the United States. But those complexities extend beyond this country, and so do the startups out there trying to tackle them. As evidence of that, this morning, Brazilian digital real estate platform Loft announced it has closed on $175 million in Series C funding co-led by Vulcan...
Prologis, the country’s largest owner of industrial space, dropped $21.5 million for a warehouse in Ridgewood, Queens — at least its third acquisition in the area this year, property records show. The real estate investment trust bought the 120,000-square-foot warehouse at 24 Woodward Avenue between Metropolitan and Flushing Avenues from Willowen Management Corp. in a deal that closed on Mond...
Here at Crunchbase News, we write about a lot of funding rounds and the investors leading them. Most of the time, those investors tend to be venture capitalists, but a growing number have been private equity firms. I’ve seen the names of private equity firms pop up in some of the funding rounds I’ve covered, but I started thinking about it more after attending a dinner hosted by
Proptech is a $20 billion industry that’s already reshaping and upending traditional real estate as we know it. And this is just the beginning. Each Thursday, The Real Deal’s Future City newsletter breaks down the biggest news in proptech across the globe, from 3-D printer homebuilders in Long Island, to emerging tech brokerages in Indi...
In the fall of 2017, Compass announced an ambitious plan to grab 20 percent market share in the country’s top 20 cities by 2020. As the deadline approaches, CEO Robert Reffkin told agents the firm still had some ways to go.
In a year-end letter to agents on Tuesday, Reffkin said Compass had exceeded 20 percent market share — or come close — in cities like San Francisco and Washington, D.C...
It was February 2019 when Zillow co-founder Rich Barton reclaimed the CEO role in dramatic fashion, betting the future of the $8 billion company on instant home-buying. In the months since, the Seattle-based listings giant has made good on its promise to go head-to-head with competitors ranging from Opendoor and Offerpad, to Keller Williams and Realogy.
Real estate marketplace Fangdd Network Group Ltd. (Nasdaq: DUO) has expanded into selling parking spaces. The Shenzhen-based company said in a statement on Tuesday that, together with Shenzhen Jinyiyun Supply Chain Technology Co. Ltd., it has already facilitated a number of sales in the new business. Jinyiyun applies blockchain technology on its platform, it said. "Our cooperation with Shenzhen ...
At the end of December each year I want to reflect on the past 12 months of my life, and dream of what the next 12 might look like. In this column we do the same for the proptech market, with the help of investors from around the world. So, for the second year running, I am closing out the old year, and kicking off the new, with a review of 2019 and new year predictions for 2020. Today’s column ...
The drive for smarter cities is growing exponentially as municipalities tackle critical challenges in areas such as public and environmental health, safety and security, mobility and more. We are already seeing the IoT revolution delivering on its promise, with solutions being deployed for waste management, air quality improvement, gunshot detection, asset tracking, fleet management, flood detect...