New Yorkers are used to seeing letter grades on restaurants and bagel shops. Soon offices and residential buildings will be getting something similar. Beginning next year, midsize and large buildings will not only have to report how energy-efficient (or not) they are, they will also be required to post letter grades issued by the city, based on the data the building...
News Archives | Page 658 of 1011 | CREtech
Blackstone Group Inc. has closed the door on its giant rental-home gambit. The investment firm late Wednesday sold the last of its stake in Invitation Homes Inc., the company it created after the housing crisis to scoop up tens of thousands of foreclosed single-family properties from the courthouse steps, spruce them up and rent them out. Blackstone began whittling its position in March throug...
Last week Sapphire Ventures and NFX joined forces to co-host our 2nd annual PropTechCEO Summit. It was a pleasure, as always, to team up with Pete Flint and host this special invite-only gathering of more than 175 entrepreneurs and investors. It was great to see so many familiar faces, and welc...
After four years of silence, Amazon confirmed last month that the “Amazon Go team is running internal tests” at a prime retail location in Seattle’s popular Capitol Hill neighborhood that is much larger than the tech giant’s typical cashier-less store. It turns out the store may be part of a push to expand the Amazon Go technology to a larger supermarket-style format. Bloomberg reported t...
Juniper Square, a startup maker of software for commercial real estate investing, raised $75 million in a series C funding round led by venture capital firm Redpoint Management LLC. Ribbit Capital, Felicis Ventures LLC and Zigg Capital also participated, Juniper said Thursday in a statement. Elliot Geidt, a partner at Redpoint, joined Juniper’s board las...
Knowing how to reach the important demographic of 73 million Millennials, the largest US renting segment, is vital. This generation is a well-informed, Internet-savvy group of consumers who value flexibility and mobility. When it comes to renting, they are laser-focused on location, amenities, lifestyle, pricing and ease of doing business which is easily achieved via a variety of digital marketin...
In this #DreamitLive, Urbantech Managing Director Andrew Ackerman speaks with CREtech CEO Michael Beckerman about the latest trends in innovation in the commercial real estate industry. Michael Beckerman runs CREtech, the largest event, data and content platform in the commercial real estate tech sector. This position gives him an unparalleled vantage point o...
SoftBank Group CEO Masayoshi Son has recently admitted that he made several big mistakes when investing in U.S. tech companies, especially with (surprise!) WeSomehowStillExistWork. It turns out that telling the eccentric leader of a new company he is not being crazy enough can occasionally end up not being the best advice. As Son looks to restore the reputation of himself and his company, The...
Artificial intelligence (AI) has generated increasing interest in “future of work” discussions in recent years as the technology has achieved superhuman performance in a range of valuable tasks, ranging from manufacturing to radiology to legal contracts. With that said, though, it has been difficult to get a specific read on AI’s implications on the labor market. In part because the technolo...
Inhabitr, a Chicago-based furniture rental platform, has today announced the close of $4 million in Series A funding, led by Great North Labs. Inhabitr launched in 2016 after the co-founders, who have gone through dozens of moves between the two of them, decided that purchasing, moving and maintaining furniture is one of the biggest pain points of the whole process. Inh...