News Archives | Page 651 of 1015 | CREtech
A flexible office space firm is entering the London co-working market, at a time when others are shuttering operations there. Serendipity Labs, a company that provides on-demand office space in primary and secondary markets, said Friday that it has entered an agreement to license 25 locations in the U.K., including 12 in London. The New York-based firm, which uses franchise and management partne...
Property investment for the average person usually involves making investments in projects that have already been completed. However, there’s now an opportunity to invest in property projects before they’re actually completed. This has been made possible by leveraging blockchain technology. It can take several years or longer to develop property projects from the ground up, and it can also be...
As Airbnb absorbs more and more of the demand for housing, it’s exploring how to monetize opportunities beyond vacation rentals. A marketplace for longer-term corporate housing could be a huge business, but rather than build that itself, Airbnb is making a strategic investment in one of the market leaders called Zeus Living, which will list its homes on the Airbnb site....
“In the 20 months since we first introduced Zillow Offers, we’ve seen that there is a strong appetite for another option when it comes to selling a home,” Jeremy Wacksman, Zillow’s brand president, said in a prepared statement. “We’re thrilled to launch Zillow Offers today in one of the largest markets in the country, and look forward to easing the friction and helping sellers move to ...
Alphabet-owned Google sibling Sidewalk Labs is partnering with Plaza Ventures to set up a new venture capital fund. Quayside Venture Partners (QVP) will invest in Canadian start-ups focused on issues such as sustainability, mobility and housing affordability. The fund will include a $10 million commitment from Sidewalk Labs, tied to its proposed Quayside development in Toronto. It is expected tha...
WeWork’s failed attempt to go public led to a slashed valuation and a diminished ability to invest in rapid growth. Co-working rivals may spy an opportunity. Once one of the world’s fastest-growing and most highly-valued startups, WeWork is gaining a new reputation. The company saw its valuation spiral after scrutiny surrounding its now-withdrawn IPO revealed that it had...
A real estate business that received the backing of Property Innovation (Pi) Labs, a leading Proptech VC, is raising equity capital through crowdfunding. Track, which serves as a property and fund manager for homeowners, is raising £250,000 (appr. $328,000) on Seedrs for 11% of company equity. Track has raised nearly £160,000 from 48 individual investors, which is roughly 65% of its fundraising...
In the final installment of the #StartupLife series for 2019, I am making things personal. The PropTech startup founders who agreed to be a part of the series opened up their hearts and shared the worst and best moments in their careers to date for the readers of this column. Startups are consumed by four main things: their team, their product, getting funding and ...
Since I began working in the late ‘80s, I’ve weathered many market cycles. Some were mild, others devastating. Each time, however, similar mistakes and patterns emerged. Market cycles went south once greed led to lax vetting from banks, lenders, and investors. In today’s tech ecosystem, the same pattern has emerged; when cash is plentiful, entrepreneurs too of...
Since I began working in the late ‘80s, I’ve weathered many market cycles. Some were mild, others devastating. Each time, however, similar mistakes and patterns emerged. Market cycles went south once greed led to lax vetting from banks, lenders, and investors. In today’s tech ecosystem, the same pattern has emerged; when cash is plentiful, entrepreneurs too of...