News Archives | Page 724 of 1011 | CREtech

CRETech August 05, 2019
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...
CRETech August 05, 2019
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...
CRETech August 05, 2019
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 ...
CRETech August 05, 2019
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 ...
CRETech August 05, 2019
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...
CRETech August 05, 2019
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...
CRETech August 05, 2019
In 2017, shortly after becoming a venture capitalist, Jess Lee attended a startup conference in Los Angeles. Her badge identified her employer as Sequoia Capital, an Apple Inc. and Google backer that was gearing up to raise more than $12 billion in several new funds. Under most circumstances, that’d be enough to get a VC mobbed, but the crowd largely ignored Lee, the first female investing partn...
CRETech August 05, 2019
Altus Group Limited (“Altus Group”) (TSX: AIF), a leading provider of software, data solutions and independent advisory services to the global commercial real estate (“CRE”) industry, announces the launch of cloud-enabled version 12 of ARGUS Enterprise (“AE”). AE 12 is the latest version of the industry leading global asset and portfolio management platform used by thousands of custome...
CRETech August 05, 2019
It’s a miracle most enterprises manage to find anything in their labyrinthine storage setups. Companies increasingly tap a mix of public and private clouds that don’t always play nicely together, and the jargony nature of their employees’ search queries make them tougher to parse than, say, web searches. Fortunately, IBM’s recent work in natural language processing promises to ...
CRETech August 02, 2019
Coworking giant WeWork is planning to acquire SpaceIQ, a company focused on analytics software that makes more efficient use of office space. The deal is The We Company's latest move into PropTech as it prepares for its initial public offering as soon as September. The acquisition is characteristic of WeWork, which has bought nine other companies since the first quarter of 2018, most of them ...