CRETech August 08, 2019
If a lack of innovation is to blame for stagnating U.S. construction productivity over the last half-century, off-site builders — and some of their AI partners — think they may have the solution. Around the country, prefabrication companies of different scopes and specializations are trying to boost their factory environments by using artificial intelligence.
CRETech August 08, 2019
For the past two years, WeWork Cos. has spent more than $40 million to host a series of startup pitch competitions around the world. The real estate company asks contestants to pitch apps or creative projects to celebrity panels of judges and compete for cash prizes, in between musical performances from the likes of the Red Hot Chili ...
CRETech August 08, 2019
WeWork, which has grown from a one-floor lease in SoHo to New York City’s largest private office tenant in the span of nine years, is expected to go public next month, targeting a $3.5B raise. But amidst the hype of the highly anticipated initial public offering, the commercial real estate community continues to wrestle with how to hedge against the exploding coworking and flexible workspace...
CRETech August 08, 2019
Zillow Group’s bet on instant homebuying boosted its second-quarter revenues 84 percent to $599.6 million, the company said Wednesday. Revenue for Zillow Offers — which debuted last year — totaled $248.9 million for the quarter. Meanwhile, Zillow Mortgages revenue rose 40 percent to $26.9 million. In a statement, co-founder and CEO Rich Barton described demand for Zillow Offers as “i...
CRETech August 08, 2019
An under-construction skyscraper in London was the battleground for a trio of well-capitalized flexible office space firms in growth-mode. New York-based Convene, a startup that partners with commercial landlords to offer meeting spaces and amenities in office buildings, ultimately won out. The firm signed a 100,000-square-foot lease at 22 Bishopsgate in central London, the firm’s chief execu...
CRETech August 08, 2019
The AR feature in Google Maps that Google first demoed more than a year ago — a heads-up mode called Live View that provides directions from phones’ cameras in real time — will roll out in beta in the coming weeks for compatible iOS and Android devices, the company today announced. Live View was previously 
CRETech August 07, 2019
For employees in increasingly tech-enabled offices, the idea of spending every working day sitting at the same desk is rapidly becoming outdated. From workplace apps to improved video conferencing, digital tools that help teams collaborate online are facilitating a rise in flexible and remote...
CRETech August 07, 2019
Airbnb has settled a federal lawsuit it brought against the city of Miami Beach, and both sides are claiming victory. The vacation​ rental tech company sued Miami Beach in late 2018, after the city commission passed new regulations. Those measures require Airbnb ​to ​display the resort tax account and business tax rec...
CRETech August 07, 2019
Silicon Valley-based construction startup has hired a former oil-industry chief executive, a sign that its rapid growth is starting to attract prominent talent from other industries. Katerra Inc. has brought in Paal Kibsgaard a...