News Archives | Page 706 of 1011 | CREtech

CRETech September 09, 2019
WeWork’s parent is eyeing a valuation for its initial public offering that could fall below $20 billion as some existing investors push the workspace company to shelve the planned offering, people familiar with the matter said.
Despite plans to begin a roadshow to market the shares to new investors as early as Monday, We Co. and its underwriters are planning to hold mee...
CRETech September 09, 2019
Savvy Lane is making moves in the crowded field of companies using tech to disrupt traditional real estate practices. The 4-year-old Seattle startup announced this week that it has raised $2 million in a new funding round and plans to expand upon its West Coast footprint. The funding was led by what Savvy Lane called “a nota...
CRETech September 09, 2019
It’s easy to track prices of some things: Drive down any major street and you’ll only have to pass a few gas stations to know roughly how much gasoline costs in your area. Turn on the news during the workday, and you’ll quickly learn how the big stock market indexes are faring. Go shopping every week, and you’ll soon know how much bananas or eggs cost at your local supermarket. ...
CRETech September 09, 2019
UPDATED: Sept. 6, 6:41 p.m.: What started as a way for StreetEasy to vet rental listings has led to another all-out brawl between New York City resi brokerages and the Zillow-owned portal. Over the past year, StreetEasy has been asking brokers to submit copies of their exclusive rental agreements in order to “verify” the accuracy of the listing data. But in recent weeks, s...
CRETech September 09, 2019
The shared workspace sector continues to expand and evolve, and Saltbox Inc. is playing a role in the transformation. The new startup has just announced its first location, a 27,000-square-foot facility to open in Atlanta, providing a combination of coworking and co-warehousing space for what it calls the “
CRETech September 09, 2019
After going through the entitlement process and breaking ground on Los Angeles’ first steel modular construction high-rise, BLVD Hospitality officials are now big believers in modular construction. Developers hope the steel modular hotel — set to rise in downtown sometime in October 2020 — can be a shining example of a well-built modular construction product.
CRETech September 09, 2019
UPDATED: Sept. 6, 6:58 p.m.: With his back against the mats, Realogy CEO Ryan Schneider considered selling the brokerage to its chief rival: Compass. In a statement Friday, the SoftBank-backed brokerage said Schneider even proposed a plan where the arch enemies would form a joint venture — a proposal Compass said it declined. The statement was made in conjunction with Com...
CRETech September 09, 2019

Back in June Uber went on a hiring spree in New York, hiring at least 100 fintech-oriented tech workers to ostensibly look at creating products to increase loyalty and engagement among users and drivers, including things like banking. Cue a flurry of ...

CRETech September 09, 2019
Since the start of 2019, WeWork’s lofty $47 billion has been a fixture of fascination — how could an unprofitable startup be worth more than 15 times its revenue?
Believers of that stratospheric valuation got a reality check this week when reports emerged that WeWork’s parent company was considering halving its valuation...
CRETech September 06, 2019

Recently, I was asked to share my thoughts with Forbes on how proptech startups should approach strategic growth within the commercial real estate ...