News Archives | Page 652 of 1015 | CREtech
Hospitality company Sonder has ambitions to become the next-generation Hilton or Marriott as part of its plan to radically redefine the industry. The San Francisco-headquartered firm has raised a total of $360 million in funding and has been putting the money to use growing in cities across the world. Speaking at Skift Short-Term Rental Summit, Sonder co-founder and CEO Francis Davidson said it ...
With about a year under its belt, a team that has grown from one to four, and a second project launching soon, Kin is starting to get its footing. The company, which partners with developers to provide programming to alleviate the isolating nature of urban living for young families, is all about community, and CEO Britt Zaffir said that permeates through how her team conducts business every day....
Take a quick look around you. Right now, you are probably surrounded by a rich tapestry of technologies working hard to improve the way you live and work. Some are obvious, some are hidden. You are looking at one right now. Tangible tech like computers and mobile phones are easy to identify, but they represent only a small fraction of the gadgets, gizmos, systems and...
Armed with algorithms, robotic warehouses and cashierless stores, Amazon.com Inc. is commonly seen as an existential threat to traditional grocers. In recent weeks alone, Amazon confirmed plans for a mainstream supermarket to complement its pricey Whole Foods Market chain, and the company plans to bring i...
The real estate landscape is continuing to evolve at a rapid pace, and while global economic volatility is raising a degree of uncertainty on the nearer term global and U.S. economies, 2020 seems primed to be yet another good year for the industry. Overall, the economic outlook for the U.S. CRE market is moderately positive for the year ahead. According to our 2020 Commercial Real Estate Outlook, ...
If you count the world’s oldest surviving buildings — starting with 7,000-year-old tombs in France — the real estate industry is literally Neolithic. But as technology democratizes the modern-day mysticism around computing and big data, industry leaders are taking a more aggressive approach to propel the business out of the Stone Age. That was the takeaway at Commercial Observer’s first-e...
Unpredictability is the biggest challenge to utilizing technology in commercial real estate investment. Investing often has moving parts and changes along the way, and at times, technology relies on predictability and logical forecasting. However, tech investment companies are making strides to make technology compatible with the flexibility needs of investing. “Without a doubt, the dynamics o...
Whenever I tell people I'm starting a company with a physical space component, I get some variation of, "Wow, isn’t that going to be tough post-WeWork...?" Yes. Launching a real estate startup after WeWork, the industry’s poster child, blew up is going to be tough. Capital is more expensive and less readily available. Leases are harder to obtain. People are bearish on the space an...
As a tenant experience program, A&B offers an on-site concierge for office tenants, common spaces to promote tenant interaction, and in most cases CBRE Host, a mobile app that gives tenants direct access to building amenities and services. The rollout of A&B is part of a larger nascent movement to incorporate elements of hospitality design into office spaces. The goal, particularly via su...
As Abby Murray sees it, commercial real estate has traditionally been a few strides behind its residential counterpart when it comes to embracing technology. She hopes to close that gap with help from her new business. Murray is the co-founder of Mortarr, an Albert Lea-based online networking platform for commercial real estate professionals. The idea is to connect developers with architects, bui...