Bill Rudin spent time this summer at the Brooklyn Navy Yard — not exactly one of his haunting grounds. In its 94 years, his family real estate firm had never done a project in Brooklyn, let alone in an out-of-the-way industrial campus — and with an anchor tenant about to plunge into crisis. T
News Archives | Page 643 of 1015 | CREtech
China’s biggest co-working company has filed plans to go public on the New York Stock Exchange, an early test of investor faith in flexible-office startups since We Co. pulled the plug on its IPO plans. Ucommune, which says it is the largest co-working firm in China based on the number of workstations and square feet it manages, said in a filing with the Securities and Exchange Commission that ...
WeWork encapsulates everything that was good and bad about the world in 2019. That's why we couldn't keep our eyes off it. On it's way up, WeWork was described by The Atlantic as a company that "perfectly captured the Millennial Id" — tapping into the unconscious needs and desires of a whole generation. But once the public became conscious of the company's financial performance, shar...
Apple Inc. has a secret team working on satellite technology that the iPhone maker could use to beam internet services directly to devices, bypassing wireless networks, according to people familiar with the work. The Cupertino, California-based iPhone maker has about a dozen engineers from the aerospace, satellite and antenna design industries working on the project with the goal of deploying the...
RealPage, Inc. (NASDAQ:RP), a leading global provider of software and data analytics to the real estate industry, today announced that it has closed its acquisition of Buildium® (www.Buildium.com), a leading SaaS real estate property management solution provider with approximately 2 million units under management in the SMB market segment. “The SMB market segment represents a tremen...
Culdesac — working with architecture firm Optico — is creating the "world's first post-car development" that will be completed in the fall of next year. The neighborhood — which won't have any parking for private cars — will be in Tempe, Arizona, which was chosen because of its growing number of jobs and population, and available land near a light rail station. The only parking spaces wi...
As we barrel towards the start of a new decade, it’s amazing to think about the ongoing transformation within real estate. In the U.S., housing’s contribution to our GDP is ~1
By their nature, cities are dynamic and ever-changing, shaking off the past and constantly reinventing themselves to face the future. But something seemed to happen to U.S. cities over the last decade, a kind of stasis in the face of rapid change. That may seem counter-intuitive, considering just how much urban America changed, from the introduction of new technologies and startups to building boo...
First is a machine learning-based platform that helps agents know when to reach out to consumers in their existing network.
I’m proud to announce that Sapphire Ventures has raised more than $1.4 billion in new capital commitments, bringing our total assets under management (AUM) to almost $4 billion. You can read the full announcement here. This larger capital commitment gives us the flexibility to support more entrepreneurs who are building what we call Companies of Consequence: visionary companies that seek...