News Archives | Page 733 of 1014 | CREtech

CRETech July 25, 2019
AKRON, OH—E-commerce giant Amazon reports it plans to open two new robotics fulfillment centers in Ohio that will create more than 2,500 full-time jobs once operational and will total a combined 1.4 million square feet. The two new fulfillment centers will be developed in Akron and Rossford and will each total approximately 700,000 square feet. The projects are being developed in partnership ...
CRETech July 25, 2019
Co-working provider WeWork keeps making the news lately, first with the announcement of its planned IPO, then with the breakdown of how it plans to raise investor confidence in said IPO (through raising between $3 billion and $4 billion in debt), and now wi...
CRETech July 25, 2019
JLL, Swire Properties and Ping An Urban Tech jointly announced the official launch of Chinese Mainland’s first corporate accelerator programme that focuses on property technology (“PropTech”). Named “UrbanLab” (城越), the initiative aims to foster and further develop promising tech companies in the dynamic Chinese PropTech ecosystem, with the goal of creating innovative technology solu...
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...