News Archives | Page 673 of 1020 | CREtech

Companies using technology to make rapid cash offers to home sellers are typically paying their customers close to market value, a new study found. The study’s conclusion is likely to be reassuring for sellers who are considering using so-called iBuyers instead of traditional real-estate agents. But it raises questions about the long-term sustainability of the iBuying business.

The developer touts this as a step forward in building a futuristic "mini-city" equipped with vertical gardens and advanced smart buildings featuring self-healing concrete and energy-generating materials, though some details remain unknown. The Las Vegas Review-Journal reports there is no guarantee the deal will close, and noted the planned amenities are described using "an arsenal of buzz words."...

The parallels between hotel chain unicorn Oyo and office-sharing unicorn WeWork -- whose value plunged from $47 billion to "a pretty high probability of being a zero," according to a veteran investor after seeing its IPO filing -- point to their common DNA and raise similar questions. SoftBank Group, directly and through its Vision Fund, is heavily invested in both. Three symptoms stand out:...

“Knotel has been growing quite fast, we have grown almost fourfold in the last year," Knotel co-founder and Chairman Edward Shenderovich said at a future of flex office leadership event hosted by Convene in New York City on Tuesday. "Given what happened with WeWork we'll probably slow down. There's no reason to grow that fast." Shenderovich said the company — which reportedly has some 800K S...

Convoy, the digital freight network that connects truckers with shippers, has raised $400 million in a Series D funding round as it aims to scale its business amid an increasingly competitive market. The funding round brings Convoy’s post-money valuation to $2.75 billion. The round was co-led by Generation Investment Management and previous Convoy investor T. Rowe Pri...