News Archives | Page 709 of 1020 | CREtech

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 ...
CRETech September 17, 2019
Cannabis-focused commercial real estate has spawned everything from cannabis coworking to cannabis pop-up retail to cannabis REITs. Now, one entrepreneur has expansive plans to bolster the industry's national supply chain, with the goal of investing hundreds of millions of dollars in 30 cannabis contract manufacturing facilities over the next 10 years.
CRETech September 17, 2019

Automated check-out systems in supermarkets, where cashiers are replaced by barcode-readers and touchscreen interfaces for taking payments, have become a commonplace fixture in many parts of the world. But today, a startup that’s building what many believe will be the next generation of such systems — computer-vision-powered platforms that monitor what you take from t...