Airbnb has today announced the acquisition of Urbandoor, a platform that offers extended stays to corporate clients. The terms of the deal were not disclosed.
Urbandoor was founded in 2015, according toNews Archives | Page 719 of 1007 | CREtech
The signs are everywhere. Investment in real estate technology increased 607 percent in Q1 2019 compared to the previous year. Real estate technology-focused events like ICSC, Realcomm and CREtech continue to break attendance records. In survey after survey, a majority of real estate executives have expressed a desire to embrace innovation.
The Seattle-based company has raised a venture round led by Wildcat Venture Partners to drive enterprise sales growth, technology integrations, and further development of its disruptive multifamily portfolio performance soft...
Amazon.com AMZN -1.73% may have taken over the majority of your purchases, but the buck stops at real estate, apparently.
Last week, the retail giant sai...
The Corcoran Group is officially embracing lead generation.
The brokerage is launching an exclusive partnership with Swedish firm AdFenix beginning August 1 that will automatically create Facebook ad campaigns for every new listing on Corcoran’s website, and use an algorithm powered by artificial intelligence to target potential homebuyers.
Agents will also gets ads for themselves and thei...
Since it began taking up space for its coworking business, WeWork has been the talk of the commercial real estate industry. Its heavy spending has raised concerns that it is a volatile business model, especially in the face of a potential downturn—and the numbers speak for themselves. Last year, the company’s revenue doubled, but so did its losses. What’s more, Japanese bank SoftBank curbed ...
On a recent day this summer, Dana Hathaitham stood in the middle of Kitchen United’s Pasadena location and watched the action unfold.
Delivery drivers carrying satchels with Grubhub written on the sides walked in and out of the kitchen to pick up food. A group of people — a combination of local office workers and families — waited in line to place their orders at one of the four computer ...
Cushman & Wakefield announced a strategic partnership with Fifth Wall, a venture capital firm focused on technology solutions for the global real estate industry.
Fifth Wall’s second fund is one of the largest real estate venture capital funds raised to date, closing at $503 million and more than doubling the size of its initial fund, which closed in May 2017 at $212 million.
“We’r...
Demand for instant home-buying has started to pay dividends for Redfin.
The Seattle-based discount brokerage said second-quarter revenue rose 39 percent to $198 million, beating expectations. The company’s net loss widened to $12.6 million, compared to $3.2 million, thanks to a bump in marketing expenses as it poured money into national ads touting a slew of new ventures, including instant ho...