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CRETech September 30, 2019

As Airbnb prepares to become a publicly traded company in 2020, the home-...

CRETech September 30, 2019
A financial-technology startup is taking on the difficult task of enticing mom-and-pop investors to invest in small slices of office towers and other commercial buildings. Lex Markets aims to serve as the intermediary between investors and real-estate firms looking to sell stakes in individual properties, arranging securities sales in increments of $100 and listing the offerings on its platform...
CRETech September 30, 2019
ORLANDO, FL—The way a building is designed and the way people operate within the building has an impact on the people inside. That is according to panelists during a breakout session at the CREW Network Convention. Whether they live, work or play in the building, the amenities you offer can impact satisfaction and retention for employees and tenants. First up was speaker Jessica Cooper, Inte...
CRETech September 30, 2019
Today’s roster of WeWork departures includes Granit Gjonbalaj, the company’s head of real estate development. Gjonbalaj, who oversaw real estate operations including design, construction, project management and development, signalled his intent to resign earlier this week, people familiar with the matter told The Real Deal. He is currently negotiating his exit package. Gjonbala...
CRETech September 30, 2019
Turmoil at WeWork is causing the shared-office-space company to all but stop signing new leases, a fresh blow to New York City’s already softening commercial real-estate market. Since We Co. Chief Executive Adam Neumann stepped down on Tuesday, the company has ...
CRETech September 27, 2019
When the Durst Organization rejected WeWork’s bid to take 12 floors at One World Trade Center last year, the developer had an idea for its own flexible office space operation. The concept of Durst setting out on its own ultimately wasn’t the re...
CRETech September 27, 2019
Real estate tech startup Cadre has made waves in recent years for a platform enabling individuals to invest in commercial property transactions for as little as $50,000. So far, Cadre’s model has caught on. In the five years since launching in 2014, the startup now has roughly 20,000 investors who have stakes in more than $3 billion worth of real estate assets. And with the recent sale of ...
CRETech September 27, 2019
Softbank-backed storage startup Clutter has acquired the Storage Fox, a self-storage specialist in the New York metro area, for $152M. The deal is Clutter's first foray into self-storage real estate. Its existing on-demand model allows customers, via a website and app, to schedule pickup and retrieval of stored items in 2M SF of warehouse space that the company controls. The company also offer...
CRETech September 27, 2019
Salt Lake City is leading the nation in flexible office space growth. The Silicon Slope—the name given to the booming tech sector in Salt Lake City—is attracting big name flexible office providers to set up shop in the market. According to a new report from CBRE, the Salt Lake City market added 350,000 square feet of flexible office space in the second quarter, a total market...
CRETech September 27, 2019

This article is part of a new series on Visionaries. The New York Times selected people from all over the world who are pushing the boundaries of their fiel...