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CRETech September 13, 2019
Oxford Properties Grouptoday announced plans to develop a minimum of one million square feet of rooftop solar projects across North America by 2022. By piloting its rooftop solar project, Oxford seeks to demonstrate the economic benefits of solar energy, as well as the clear environmental benefits. The solar program is part of Oxford’s wider pledge to reduce its carbon emissions by 30% by ...
CRETech September 13, 2019
UPDATED, Sept. 12, 2:50 p.m.: Kevin Maloney’s Property Markets Group and Greybrook Realty Partners closed on a $161.5 million loan for a rental tower they’re planning in downtown Miami.
The partners broke ground on the project, a 49-story, 646-unit building at 400 Biscayne Boulevard, in June. Centennial B...
CRETech September 13, 2019
According to a report by CRETech, proptech investment in the first half of 2019 has already topped the amount raised in all of 2018. Funds have poured $14 billion into proptech companies in the first half, up more than 300% from the same period last year, and 2019 is on pace to be the biggest year ever for proptech investment. Proptech-focused venture firms like MetaProp, Fifth Wall, Moderne, a...
CRETech September 13, 2019
WeWork’s parent company has chosen to list its shares on Nasdaq and outlined sweeping changes in its governance as the shared-workspace provider speeds up preparations for its hotly anticipated initial public offering in the face of tepid interest from investors.
The moves are part of a plan by We Co., as the company is officially known, to begin officially marketing th...
CRETech September 12, 2019
Its supporters argue it can prevent terrorist attacks and catch criminals. Its critics say it is racist, ineffective and destroys civil liberties. And now commercial real estate is caught up in the ferocious debate about the use of facial recognition technology. Last month, UK developer Argent faced a storm of criticism when it emerged it had deployed facial recognition technology at King’s C...
CRETech September 12, 2019
NEW YORK—The proliferation of commercial real estate technology has increased the ranks of women leaders in a historically male-dominated field. In climbing the corporate ladder and launching new ventures, women are strategizing and building alliances to carve out their own equity in CRE tech, according to a CREtech panel called WX in New York. Relationships in CRE are key, but defining those...
CRETech September 12, 2019

Noah Kaminsky knew all along that he wanted to find a place of his own in the Bronx, but it was a speech from Borough President Rubén Díaz Jr. at a cycling event, of all places, that sealed the deal.

“I grew up in the Bronx, and it was affordable, so I could purchase a [co-op] apartment,” said K...

CRETech September 12, 2019
Gimbal has launched Trends, a new analytics tool that can track location and foot traffic to deliver comprehensive data of how people move in the physical world. The software will help marketers, business analysts, finance teams, municipal planners, and real estate developers make better business decisions. The software aggregates visitation patterns of the top brands and reta...
CRETech September 12, 2019
Amazon.com Inc. has agreed to take space in a first-of-its-kind three-story warehouse, a new type of distribution center that could reduce delivery times in congested cities to hours rather than days. While common in densely-populated Asian and European cities, modern warehouses with multiple floors have been absent until recently in the U.S., where h...
CRETech September 12, 2019
It isn't WeWork, but modular construction startup Katerra is following a similar script to try and disrupt its entire industry. Katerra has announced the acquisition of two traditional construction firms, UEB Builders and Fortune-Johnson General Contractors, for an undisclosed price, Construction Dive reports. With UEB in Scottsdale, Arizona, and Fortune-Johnson in Georgia, Katerra will enter t...