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CRETech July 17, 2019

With over $1 billion assets under management and more than 50 corporate strategic investors spanning 11 countries Fifth Wall has assembled the largest consortium of real estate owners to invest in cutting edge startups and transform the global real estate industry

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CRETech July 17, 2019
Real-estate developers in Los Angeles and Chicago are embracing drone technology to help speed up the building process and reduce costs. But in New York City, a 71-year-old local statute is keeping drones grounded. The 1948 law requires that a...
CRETech July 17, 2019
DALLAS—Multifamily owners now have the convenience of a text messaging tool that connects directly with existing property management software platforms. A cloud-based SAAS platform with custom SMS/MMS solutions, IRIO, is partnering with RealPage Inc., provider of real estate software and data analytics. In this partnership, IRIO will provide RealPage clients with a texting solution integrated in...
CRETech July 17, 2019
Every year, more and more women are added to the ranks of New York's commercial real estate world. They are running firms, brokering big-ticket deals and having a major influence on the future of the city through design, construction, government policy and law. Still, despite the significant achievements made by so many women, setbacks, challenges and obstacles persist. Like so many industries...
CRETech July 17, 2019
Life House, a New York-based company specializing in lifestyle boutique hotels, has secured $100 million in equity commitments, or about $250 to $300 million in total asset value, from Boston’s Blue Flag Partners. The sum is expected to let Life House acquire seven to 10 additional hotels. The deal comes soon after Life House took over operation of The Roberts Collection, a historic 58-room h...
CRETech July 17, 2019

Aquicore’s newest machine learning feature automatically identifies and alerts building engineers and property managers of potential building operations problems and their estimated financial impact

WASHINGTON – July 16, 2019 –
CRETech July 17, 2019
CARPINTERIA, Calif., July 16, 2019 – Procore Technologies, Inc., a leading provider of construction management software, today announced it has entered an agreement to acquire Honest Buildings, Inc., a leading provider of project management software for owners and developers. This acquisition will allow Proc...
CRETech July 17, 2019

Uber Air, the transportation company’s upcoming flying taxi service, needs vehicle partners in order to make it a reality. Karem Aircraft, which Uber partnered with last year, has just raised ...

CRETech July 16, 2019

NEW YORK CITY—“Tokenization is a new type of technology that develops digital assets,” says Katya Fisher, a partner in Greenspoon Marder’s blockchain, digital assets and technology transactions practice group. “It’s a digital upgrade for analog assets. It’s a way to transform capital markets.”

Tokenization i...

CRETech July 16, 2019
CHICAGO, IL—Software-as-a-Service provider rSquared CRE recently announced its official launch. The company will focus on developing cloud software solutions that fill the unmet demands within the CRE space. According to Sal Caldarone, CEO of rSquared, some of the unmet demands in the CRE industry include the need for greater data transparency, outdated technology solutions, and reliably accu...