News Archives | Page 681 of 1015 | CREtech

Lightstone leads $8M funding round for appraisal startup Bowery Valuation

CRETech October 25, 2019
Bowery Valuation, a tech-enabled appraisal startup, has raised $8 million in a funding round led by real estate firm Lightstone Group. The New York-based startup, run by former appraisers Noah Isaacs and John Meadows, has raised $27 million since its founding in 2015. Nine Four Ventures and Greenspring Associates also participated in the firm’s latest round, which follows the company’s $12 ...
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‘It’s Definitely Pretty Empty’: Why Saving WeWork Will Be Hard

CRETech October 25, 2019

Even as WeWork was scrambling to secure a financial bailout last week, Sebastian Gunningham, one of its co-chief executives, made time to oversee the opening of Dock 72, an immaculate shiplike building on the Brooklyn waterfront that houses one of the company’s newest shared working spaces.

As Mr. Gunningham posed for a ribb...

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Cryptocurrency And The Blockchain Could Revolutionize CRE. So Why Aren’t We Using It?

CRETech October 25, 2019
Blockchain-fueled investments promise to dramatically transform the commercial real estate market landscape, and stakeholders are starting to take notice. Blockchain technology unfreezes real estate equity, making it a more feasible investment option for those who need more liquidity in their portfolio. Much of its new technology is just beginning to break on to the real estate investment scene...
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Looking to become the central hub for logistics management, Shipwell raises $35 million

CRETech October 25, 2019

Shipwell, the software platform for managing trucking logistics, has raised $35 million and is expanding its suite of services to become a full-service hub for logistics management.

The new round led by 
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SoftBank says it has now invested $18.5 billion in WeWork, ‘more than the GDP’ of Bolivia, which has 11.5 million people

CRETech October 25, 2019

Yesterday, in addressing nervous WeWork employees at an all-hands, the company’s new chairman, SoftBank  executive Marcelo Claure, told those gathered that their days of worrying are over, 

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Internet Provider Wander Sets Up Shop in L.A.

CRETech October 25, 2019
Wander has reimaged the internet-service business, and now it is opening up shop in L.A. The Internet provider has made a name for itself by offering high-speed Internet service for $25 per month without a contract commitment. The business model is based on providing only the speeds that residents use, which is typically 50 Mbps per year or less. “I started my career at Disn...
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Landlords and Builders Face Down the Bumpy Road of Smart-Tech Installation

CRETech October 25, 2019
That’s led to an uneven rollout of increasingly available smart-building technology as the field of vendors — and the growing pains associated with installing the tech — outpace landlords’ and developers’ abilities to adopt computer-driven building systems, according to panelists at Commercial Observer’s Building Technology Forum in Midtown on Wednesday morning.
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More Than 2,000 Industry Professionals, from over 1,000 companies and 35 Countries, Attend CREtech New York 2019 at Brooklyn Navy Yard’s Dock 72

CRETech October 24, 2019

CREtech Returned to New York for 7th Annual NYC Event With Record Setting Attendance for The Premier Commercial Real Estate Tech Conference of 2019

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GMG, Wecan and Capelli bring blockchain to real estate sector

CRETech October 23, 2019

Financial solutions provider Geneva Management Group (GMG) has partnered with fellow Swiss-based blockchain developer Wecan Group and French real estate development group Capelli to launch a new blockchain-based product for the property sector.

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Luxury-rental startup raises $50M in equity

CRETech October 23, 2019
Blueground and its new investors are banking on fast growth and a “recession resistant” model. The luxury-rental company announced its Series B funding round raised $50 million in equity financing. The round was led by Airbnb investor Laurence Tosi’s investment firm Westcap Group and Europe-based Prime Ventures. It brings Blueground’s total equity funding to $78 million.
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