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CRETech November 12, 2019
WeWork is in discussions with T-Mobile US Inc. Chief Executive John Legere to take over leadership of the troubled office-sharing startup, according to people familiar with the matter. WeWork’s parent, formally known as We Co., is searching for a CEO who can stabilize the company following the erratic tenure of its co-founder Adam Neumann. After WeW...
CRETech November 12, 2019
Real Estate technology solutions firm Motili has named Karl Pomeroy as its new CEO. Pomeroy will lead the firm through its next phase of growth as it leaves its start-up phase. Pomeroy brings more than 30 years in HVAC sales and management to Motili. He comes Goodman Manufacturing, Motili’s parent company, where he was the division president and was respo...
CRETech November 12, 2019
WeWork’s spectacular failure at going public has thrown a spotlight on the vitality of the coworking sector in general — and it looks like one of its main rivals may have a big task ahead in filling its space. Flexible workplace provider Knotel, which is valued at over $1B, has nearly 800K SF that is either vacant right now or set to be vacant in the next year in New York City, Crain’s ...
CRETech November 12, 2019
Just weeks before WeWork expected its stock to begin trading publicly, the startup was still wrangling with the Securities and Exchange Commission over a controversial key financial metric and a litany of other concerns about its planned multibillion-dollar IPO. On Sept. 11—after the initial public offering prospectus had been public for nearly a month, and after the SEC had already made doze...
CRETech November 12, 2019

In the span of 30 years, virtual reality has transformed from a science-fiction curio to a growing asset for the real estate industry. And some of the biggest changes in the field are now becoming commercially viable, thanks to the spread of affordable consumer hardware, like 360-degree cameras, and the ubiquity of powerful smartphones and devices.

CRETech November 12, 2019
SquareFoot, which helps companies find office space suiting its needs, has secured fresh funding. It’s just announced a $16 million Series B round of funding led by DRW VC. SquareFoot's co-founder and CEO Jonathan Wasserstrum joined Cheddar to discuss.
CRETech November 12, 2019
Listen now to episode 5 of The Real Crowd's podcast interview series, "Fundamentals of Commercial Real Estate Investing" at CREtech New York 2019 featuring Brendan Wallace, Co-Founder & CEO, Fifth Wall; Vanessa Anderson, VP of Operations, Truss; Jorge Aguilar, Founder & CEO, Trove; Brian Thompson, Co-Founder & CEO, CRE Simple; and Anja Bump, Founder & CEO, Twofold.

CRETech November 12, 2019
Register now for the 52nd Annual Conference on Capital Markets in Real Estate with a discounted price using the code 'CMC_CREtech_2019'. The 52nd Annual Conference on Capital Markets in Real Estate will convene a roster of distinguished industry executives for a vigorous debate on global equity and debt capital flows, institutional and private equity investment activity, and emerging sources of ...
CRETech November 11, 2019

In the latest sign of worker activism in tech companies and start-ups, a group of employees at the struggling office-space giant WeWork are calling on management to treat workers humanely as the company prepares to lay off thousands, an...

CRETech November 11, 2019

In a forested patch of Garrison, N.Y., on the Hudson River, a giant robotic arm looms over a platform. Later this month, the platform will start to rotate while the arm pumps out a gooey concoction of basalt and biopolymers. Round it will go, receiving layer upon layer, until the arm, like a demonic pastry chef, has extruded an entire egg-shaped house.