News Archives | Page 663 of 1015 | CREtech

Once the gatekeepers to sales listings, real estate agents are increasingly in front of another key aspect of the home-buying process: the financing. To help clients increase their purchasing power, a number of residential brokerages have launched bridge loan programs that let clients borrow money to pay for a new home before they sell their old one. In addition to boosting sales, the programs ar...

The cities of San Diego, Miami, Norfolk, Lynchburg and Weston have been recognised as leaders in smart city initiatives in the latest Center for Digital Government (CDG) Digital Cities Survey awards. Now in its 19th year, the annual survey recognises cities using technology to tackle social challenges, enhance services, strengthen cybersecurity and more.  “Congratulations to this year’s Digi...

The world’s first post-car real estate developer, Culdesac, today announced the company and its plans to build the country’s first car-free neighborhood from scratch in Tempe, AZ. Residents will not have private cars or parking, although the neighborhood will accommodate parking for visitors, and car-based modes of transportation, such as ridesharing. Unlike small-scale, incidental car-free co...

Speaking at Qualcomm’s 2019 Analyst Day in New York City, Qualcomm president Cristiano Amon today offered a comprehensive visual roadmap for the global rollout of 5G networks, including country-by-country assessments of readiness. Amon notably suggested that the company expects 5G to become broadly available across major metropolitan areas in 2020, then spread thoroughly throughout developing co...

REX, an Austin-based licensed residential real estate brokerage using AI and big data, has raised another $40 million in what it describes as a “C1” round.  The financing, an add-on from its $45 million Series C in January, brings the startup’s total raised since its inception in late 2015 to $115 million, according to Crunchbase data. A group of private investors including Sun Microsystem...

The commercial real estate industry is undergoing a much-needed digital transformation, but John Helm, managing director of RET Ventures, thinks more investment is needed. “If you look at the data, most of the money is being funneled into just a few late-stage companies and sectors, such as co-working, construction and consumer-oriented categories,” he says. Helm thinks innovators need to lo...

SoftBank’s embattled Vision Fund isn’t done trying to mint new tech unicorns—if it looks like they’re at least close to turning a profit. Missouri-based EquipmentShare is in talks to raise at least $150 million in a new funding round led by SoftBank, according to prospectus documents viewed by Forbes. These indicate that the new round, if completed,...

A new era of technology has ensured that the contemporary customer expects real-time, on-demand services, readily available at their fingertips. As customer experience (CX) expectations grow, businesses are adopting value-over-volume and people-centric approaches to stay competitive. Within the facilities management function of the commercial real estate sector, which traditionally focused on phys...

Ten-X Commercial, an online real estate transaction platform, laid off half its workforce after efforts to sell the company fell through. Close to 100 employees in offices in Texas, New York and California were given notice on Monday morning during a call with executives, according to people on the call and those familiar with the matter. Thomas H. Lee Partners, the private equity firm that owns...