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Virgil, the French fintech supporting millennial home ownership, has raised €2.1 million from Alven Capital, LocalGlobe, Kima Ventures, and a group of angel investors. Owning a dream home is becoming more of a pipedream, especially for a generation that started careers in an economic downturn, working in cities where cost of living is on the constant rise. In Paris, the price per square metre h...

As WeWork tries to right its ship following its disastrous IPO attempt, it is opening several large, new spaces in the D.C. market that will add hundreds of thousands of square feet to its portfolio. As it attempts to fill those spaces, it will do so with a radically different corporate outlook: The company is laying off 2,400 employees, has a new chairman and co-CEOs and is grappling with mount...

For 80 minutes on Thursday, in the midst of another busy day at work, I was transported to a different world. The ambient music and house-blended tea put me in the mood. The 84-degree room set the stage for physical and mental exercise with my virtual yoga instructor. And a luxurious shower, complete with botanical shampoo and egyptian towels, helped prepare me for re-entry into reality.

Five months after Realogy hit Compass with a bombshell lawsuit, the SoftBank-backed defendant is looking to resolve things outside of a courtroom. In a Nov. 25 motion, Compass asked a New York judge to stay the legal proceedings and compel the two companies to seek arbitration. The brokerage’s motion argues that the majority of Realogy’s accusations pertain to the Corcoran Group, its success...

A SoftBank-backed real estate startup with a broad vision has reportedly backed out of several deals this year — but its name isn't WeWork. Katerra, a Menlo Park-based prefab construction startup valued at over $4B, has stopped work on at least six projects this year, according to The Information, and is raising eyebrows among CRE sources Bisnow spoke to recently. Consistent with the other s...

Entera — a premier real estate technology platform that enables investors to efficiently access, make data-driven decisions, and purchase residential real estate — announced it has raised $7.5 million in funding. This round of funding was led by Bullpen Capital and Craft Ventures with participation from ValueStream Ventures and Chris Heller, who is the former CEO of Keller Williams and current...

It’s been an eventful and in many ways difficult year for the senior housing industry — and it’s not over yet. But as calendars turn over to December, it’s time to take stock. With that in mind, we’ve compiled some of the most vivid and powerful quotes that appeared in Senior Housing News this year. These quotes — one from each of the last 11 months — convey some of the biggest tren...

Amazon’s re:Invent 2019 conference is nearly two weeks out, but try telling that to Amazon Web Services (AWS) — it’s unveiling new products left and right. Following on the heels of Alexa on AWS Core and new languages Amazon Translate and Transcribe, AWS today detailed features designed to make adding AI predictions to apps and services easier than before. Amazon says that machine learning ...

Intel Corp. is seeking buyers for its connected home division, a unit that makes chips used in home internet access gear, according to people familiar with the matter. The chipmaker has hired a financial adviser and is seeking to sell the unit that has annual sales of about