News Archives | Page 656 of 1011 | CREtech

Concierge and housekeeping services that mirror the hospitality industry are increasingly catching on in the multifamily world. One hotel-inspired services firm, Spruce, allows residents to access an array of services including daily chores, housekeeping, pet care (dog walking, pet sitting, etc.), along with laundry and dry cleaning through its app. Spruce’s daily chores service includes more t...

Leavy.co, the Paris-born startup that offers a travel app for millennials to help them travel more without getting into further debt, has quietly raised $14 million in funding. The investment — which is pegged as a seed round and actually closed in January! — is led by Dutch investor Prime Ventures, with participation from angel investor Dominique Vidal (who is also ...

WeWork’s finances have grabbed all the headlines, but while the U.S. giant was trying and failing to raise money in an IPO, two smaller UK coworking companies entered insolvency proceedings. One of them, The Clubhouse, has been bought by global giant IWG, which has taken over its four London sites. But the report by administrators at RSM into its demise paints a picture of how the company ende...

Short-term rental operator Domio is claiming its territory in Wynwood. The firm signed a deal to take over the residential component of the Related Group and Block Capital Group’s 175-unit project, The Real Deal has learned. Domio signed a lease for the apartments at The Bradley, a mixed-use project under construction at 51 Northwest 26th Street. Lenny Kravitz’s Kravitz Design is de...

Convene’s co-founder is leaving. Chris Kelly, who also serves as vice chairman, will resign from the flexible office provider by the end of the year, according to Commercial Observer. He will still advise the startup. Convene has raised $260 million since its founding in 2009. Its backers include RXR Realty, the Durst Organization and Brookfield Asset Management. Kelly announced the decision ...

Singapore has launched its National Artificial Intelligence (AI) Strategy to support a goal to become a global hub for developing, testing and scaling AI solutions. The strategy was formally announced at last week’s Smart City Expo World Congress (SCEWC) in Barcelona by Dr Vivian Balakrishnan, Minister-in-charge of the Smart Nation Initiative and Minister for Foreign Affairs, Republic of Singap...

Altruist, a Los Angeles-based provider of an integrated digital brokerage platform for financial advisors, raised $8.5m in Series A funding round.  The round was led by Venrock. As part of the funding, Nick Beim will be joining the Altruist Board of Directors. The company intends to use the funds to continue to expadn operations and its development efforts. Led by ...

Entera, a San Francisco, New York and Houston-based real estate technology platform that enables investors to access, make data driven decisions and purchase residential real estate, raised $7.5m in funding. The round was led by Bullpen Capital and Craft Ventures, with participation from ValueStream Ventures and Chris Heller, former CEO of Keller Williams and currently the Chief Real Estate Offic...

Chicago startup Groundbreaker, which helps commercial real estate investors streamline their workflow with an easy-to-use software platform, raised its first round of funding to help it expand its staff and improve its tech. Groundbreaker announced Thursday that it raised $2 million in a round led by Andrew Bluhm, whose family is behind Rivers Casino, Walton Street Capital and Marquee Chicago pro...

SquareFoot, a new kind of commercial real estate company, today announced that Michael Colacino has joined in the role of president - a first for the company. Colacino previously served as president of Savills from 2002 to 2018 and was instrumental in a 2014 merger that led to the formation of real estate powerhouse Savills Studley. The news comes mere weeks after ...