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CRETech July 25, 2019
CoStar Group, the commercial real estate data leader that has more than doubled its market value in the last two years, just unveiled a major shift in its research and sales efforts. The D.C.-based company is relocating 145 positions from D.C., Atlanta and other East Coast offices to Richmond, Virginia, CEO Andy Florance said on CoStar's earnings call Tuesday.
CRETech July 25, 2019

Andrew Lisy Joins Truss as Vice President of Product to Grow Marketplace and Truss CRE Platform

CHICAGO –
CRETech July 25, 2019
Like many startups in and around Silicon Valley, View Inc. believes its mission is to disrupt a stale product—in this case, glass. The company produces and installs “smart windows,” which adjust automatically to sunlight and glare. Each blue-tinted window pane has its own IP address and can be controlled from a smartphone app. In the case of a break-in when a window pane is shattered, it...
CRETech July 25, 2019
CoStar Group Inc. took in a record $59 million in sales bookings companywide in the second quarter, marking a 32 percent increase year-over-year and fueling a 16 percent growth in revenue. The bookings boost stemmed from a 122 percent surge in bookings on Apartments.com, the company’s rental listing platform, according to CoStar’s second-quarter earnings report, released Tuesday.
CRETech July 25, 2019
In “The Big Short” – the 2015 film about the financial crisis – actor Steve Carell plays a character based on noted short seller Steve Eisman, who made hundreds of millions of dollars betting against collateralized debt obligations laden with subprime residential mortgages.
CRETech July 24, 2019
Proptech entrepreneur Ari Teman is facing Federal bank fraud charges after he was arrested earlier this month for allegedly cashing hundreds of thousands of dollars of counterfeit checks from companies that had worked with his virtual doorman business. Teman – creator of the
CRETech July 24, 2019

WeWork chief executive officer Adam Neumann is already rich, but soon all o...

CRETech July 24, 2019

Placed against our sci-fi expectations, robotics have largely fallen short — with one notable exception. In 2019, automation is a mainstay in factories and warehouses. There the technology has been proven out in the field, and VCs are happy to invest millions.

This morning
CRETech July 24, 2019
Real estate conglomerate Realogy, which has seen a steep drop in stock prices and a shrinking market cap
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CRETech July 24, 2019
Millions of roads around the world have yet to be mapped, and that’s a real problem, particularly in the developing world. Missing map data can harm disaster response, community planning, and local economies. And while government-run and tax-funded projects like the U.K.’s Ordnance Survey have produced enormous corpora, they’ve largely failed t...