News Archives | Page 728 of 1011 | CREtech

Toronto’s tech boom is transforming the city

CRETech July 30, 2019

The Canadian Encyclopedia notes that Toronto’s economy has gone through many phases over the city’s history: “commercial lake port, railway and industrial hub, financial nexus and high-level service and information centre.”

Each phase has changed the shape of the city. Wharves sprang up along the harbourfront to handle shippi...

Minut raises $8M Series A for its camera-less home security device

CRETech July 30, 2019

Minut, a Swedish startup that has developed a camera-less home security device that it claims protects privacy better than competitors, has raised $8 million in Series A funding.

The round is led by

Compass makes new agents sign Silicon Valley-grade contracts

CRETech July 30, 2019

In the dog-eat-dog world of residential brokerage, Compass appears to be playing defense. Of nine real estate brokerages The Real Deal surveyed in New York City, only the $4.4 billion SoftBank-backed firm seems to take pains to clarify what agents cannot bring to the firm when they join. Specifically, Compass requires all newly hired agents sign an agreement that defines what propri...

Bosch and Daimler obtain regulatory approval for level 4 self-parking system

CRETech July 30, 2019

Cars that can park themselves aren’t anything out of the ordinary, but Bosch and Daimler claim they’ve accomplished something of a world’s first with their system. The two companies today jointly announced that the Stuttgart regional administrative authority and Baden-Württemberg state transportation ministry, following an assessment by German certification authority TÜV Rheinland, have ap...

Reonomy is signing “exclusive” partnerships with data providers, but it’s not clear what that means for competitors

CRETech July 30, 2019

In the commercial real estate data industry, access is key. With this in mind, one firm is attempting to secure what it calls “exclusive” partnerships with the biggest data providers — a move that has befuddled competitors. Reonomy, a New York-based analytics firm that pools public data from other sources and repurposes it for its portal, has over the past three months announced a trio of...

First Ground-Up Co-Living Project Comes to L.A.

CRETech July 29, 2019

Co-living brand Treehouse is breaking ground on a large-scale co-living concept in Hollywood, eponymously named Treehouse Hollywood. The project is the first ground-up, large-scale co-living concept in the market, which has been plagued by a housing shortage. Treehouse Hollywood will accommodate 60 to 70 residents and will include entertainment and professional amenities, like rec...

Moody’s Ramps Up Its Game In Assessing Climate Change Risk For CRE And Other Businesses

CRETech July 29, 2019

Rating specialist Moody’s Corp. has acquired a majority stake in Four Twenty Seven, a provider of data and analysis related to physical climate risks. According to Moody's, the deal solidifies its commitment to standards for evaluating environmental, social and governance, or ESG, risks and opportunities.

UpClose With MetaProp’s Zachary Aarons

CRETech July 29, 2019

MetaProp co-founder and partner Zachary Aarons has been working at the intersection of real estate and venture capital for the past decade. He has funded more than 60 startups in the space as an individual as well as 60 startups (and counting) through MetaProp NYC’s venture capital funds. In addition to early-stage investing, Zach has worked on large scale mixed-use development projects in citie...

Platform Offers Rental Tracking, Automated Categories

CRETech July 29, 2019

SAN FRANCISCO—Stessa recently released features to help owners of rental properties better manage entire portfolios in a single platform. The portfolio tracking platform for rental property investors has grown more than 50-fold in the last year, according to the company announcement. “By providing...

Former Vornado Head Mitchell Schear Joins PropTech Venture Capital Firm

CRETech July 29, 2019

Longtime D.C. real estate executive Mitchell Schear is joining a firm that invests in PropTech companies. Schear was named executive partner of Camber Creek, a PropTech venture capital firm that has invested in 22 companies and currently has $50M under management.