News Archives | Page 696 of 1007 | CREtech

CRETech September 19, 2019
Adam Neumann was flying high. Literally. His office-rental giant WeWork was months away from being 
CRETech September 19, 2019
Jason Post, Compass’ head of communications, is leaving the SoftBank-backed brokerage after nine months on the job. The former Uber executive is taking a job at Google, he said. “I’m proud of what I accomplished at Compass, but I’m excited to move on to a new opportunity and I wish everyone at Compass well,” said Post, who gave his notice last week but started telling people Tuesda...
CRETech September 19, 2019
SAN FRANCISCO–Cutting through the confusion of new real estate management technology that’s springing up like weeds is the essential mission of James Scott, the recently hired Innovator-in-Residence for IREM (Institute of Real Estate Management). Scott, who is also lead researcher at the MIT Real Estate Innovation Lab, will bring the same message to the 
CRETech September 19, 2019
Providence Equity Partners, a private-equity firm known for its early bets on companies such as Hulu and Ironman, has raised more than $6 billion for its latest flagship fund, according to a person familiar with the matter. Fundraising for the vehicle, Providence Equity Partners VIII LP, closed on Sept. 5 above its $5 billion target, according to a memo to investors viewed by The Wall Street Jo...
CRETech September 18, 2019
SoftBank-backed construction startup Katerra is bringing on a new CFO as part of a series of changes to its executive team. Matthew Marsh, a former executive at James Hardie and General Electric, is joining as the company’s new chief financial officer. In addition, Katerra has hired former private equity exec Mollie Fadule as the new head of its affordable housing program, and it’s appointe...
CRETech September 18, 2019
Multifamily software company Radix has grown its portfolio to 2 million apartment homes. The cloud-based software has reached 2 million active apartment homes. Company leadership says that the benchmark is a testament to the firm’s ability to transform the creation of market surveys.
CRETech September 18, 2019
We Co. Chief Executive Adam Neumann likes to say that office space is for WeWork what books were for Amazon.com Inc. —just the beginning.
His vision spans schools, gyms and retail. He even boasted that his 
CRETech September 18, 2019
Smart cities are coming. And you can be sure that hackers won’t be very far behind. We’ve already gotten a glimpse of that future, as cities across the globe start to use technology to connect their services and residents in ways that were science fiction just a few years ago. They are using sensors to collect data—about public utilities, traffic, garbage collecting, road conditions and m...
CRETech September 18, 2019
Biproxi​, a commercial real estate (CRE) transaction platform aiming to be the “Zillow of commercial real estate,” among other things, has raised $10 million in a seed round led by Greycroft. Commercial...
CRETech September 18, 2019
Colony Capital Inc. is making one of the most aggressive bets yet that technology is disrupting real estate: It is selling nearly all of its traditional holdings and channeling the money into property that focuses on the tech sector. The Los Angeles-based real-estate firm is a global investor with $55 billion in ...