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Two-thirds of commercial real estate companies are using some type of coworking product, and many of them plan to expand their usage, Cushman & Wakefield said in a new report.
The report, which is based on Cushman & Wakefield and CoreNet Global interviews with 550 commercial real estate executives, says coworking is beyond an emerging office asset class and more or less a strategic p...
LOS ANGELES—The opportunity still remains strong in the development and redevelopment of properties. So said moderator Mike Rovner, president of Mike Rovner Construction Inc., during Wednesday morning’s opening panel session at this year’s GlobeSt. APARTMENTS 2019 event.
Rovner did, however, point out that the limited availability of developable land sites, rising construction cost and fi...
Vacasa, a property management service for short-term rentals, said Tuesday it had raised $319 million in investment, led by financing from private equity firm Silver Lake. The vacation rental startup has now raised a total of $526.5 million in private equity funding — more than any other startup of its kind.
The c...
Artificial intelligence is likely to change how every job is performed, eliminating work related to repetitive tasks but increasing the need for creative thinkers, according to a new study.
These findings are contained in a report released this week by the MIT-IBM Watson AI Lab called “The Future of Work: How New Technologies Are Transforming Tasks.” The study found signs that AI is beginni...
Waze, the Google-owned GPS navigation app for drivers, is integrating its carpool service into Moovit, the first time Waze Carpool data has been available through any third-party transit app.
While Waze is better known for its flagship GPS app with real-time data provided by a global community of drivers, the com...
Chan Park feels like “an eternal nomad.” He has since age 12, when he moved from Korea to the U.S., where he attended middle school in Minnesota, followed by high school in New Jersey, followed by college in New Hampshire. Then he really began to bounce around. Park worked as a trader in New York out of college, embraced the ski-bum life in Utah, then headed to Asia f...
The new technologies we only read about a few years ago are here. The internet of things, streaming and 5G, artificial intelligence, autonomous vehicles, online streaming and e-commerce services are all coming in fast and furious. And they promise to touch the lives of many Americans.
With the development of autonomous vehicles, internet of things devices and high-resolution content for artific...
With the economy heading toward a potential slowdown investors are looking for alternatives to stocks and bonds and are turning to real estate as a result.
That’s benefiting PeerStreet and financial technology startups like it. Since 2013 Los Angeles-based PeerStreet has been operating an investment platform that makes it easy for investors to purchase real...
A startup that empowers buyers to make all-cash offers on homes just got a lot more firepower.
Ribbon, based in New York and Charlotte, North Carolina, announced $330 million in new debt and equity that it plans to use to fuel an expansion into new m...