News Archives | Page 640 of 1020 | CREtech
Venture firms are sitting on a mountain of cash, as more venture firms raise billion-dollar funds and late-stage growth funds. Dry powder, or cash that firms have raised but not invested, rose for a seventh consecutive year to roughly $276 billion in 2019, nearly triple what it was in 2012, according to data provider Preqin.
In the backroom of a Walmart store in Salem, N.H., is a floor-to-ceiling robotic system that the country’s largest retailer hopes will help it sell more groceries online. Workers stand on platforms in front of screens assembling online orders of milk, cereal and toilet paper from the hulking automated system. Wheeled robots carrying small baskets move along metal tracks to collect those items. T...
Nearly a year after China stopped accepting the world’s garbage, cities around the globe are wrestling with what to do with all of their waste. China’s new policy, which once accepted 70% of municipal solid waste generated around the world, means that cities like New York, London, and Paris need to find a new way to deal with their dumps. In Toronto, the municipal g...
Although the commercial real estate industry has generally been slow to adopt technology, that is starting to change, particularly on the brokerage side of the business. Sell-side brokers are increasingly listing their properties, for sale as well as for lease, with LoopNet and similar online platforms that supplement these listings with property information culled from a variety of public and pri...
Successfully competing in e-commerce comes with a hefty price tag, but retailers need to be on this platform to survive and stay relevant to the consumer. Strong omnichannel retailers have thinned out and heightened the competition. This competition has also negatively impacted the retailer’s profit because of the high cost of e-commerce technology and talent, distribution centers, digital marke...
The Auckland-based disrupter aims to increase access to high quality commercial real estate opportunities by allowing investors to purchase fractional ownership in assets. It will do this by providing a fully digitised onboarding, accreditation and subscription process and offering lower minimum and lower fees. And after launching in June, it’s been a whirlwind few months for Jasper. It scored...
MRI Software, a global leader in real estate software solutions, today announced the acquisition of Lindsey Software, a leading provider of property management software and services for public and affordable housing organizations in the United States. Lindsey's comprehensive suite of software and services, designed to help housing agencies optimize operational and...
As the new year begins, the multifamily industry is still grappling with the impacts short-term rentals (STRs) continue to have on the apartment sector. A report from consulting firm D2 Demand Solutions outlines how multifamily firms can navigate “one of the fastest-changing developments in both the rental housing and lodging industries” and focuses on the various STR options and oper...
David Doctorow, a senior executive at eBay, will be the new CEO of Move Inc., the News Corp. subsidiary that operates Realtor.com. Effective Feb. 3, Doctorow will take the helm from and report to Tracey Fellows, who is News. Corp’s president of global digital real estate. “David is a thoughtful, dynamic leader with vast experience in contemporary digital commerce, and thus the ideal individu...
Venture capital investments in proptech companies picked up speed in the first week of the new year. The largest deals of the week went to companies that focus on the buying and selling of residential real estate. In the US, Roofstock, a California based online marketplace where users buy and sell rental homes in more than 70 U.S. markets, raised $50 million. Perch, a New York based developer of ...