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CRETech July 12, 2019

As automation technology has leapt ahead, workers increasingly worry about losing their jobs to robots and algorithms. Economists dismiss those concerns, by and large, arguing that workers can grab higher-skilled jobs with better wages.

Amazon may soon find out who is right.

The e-commerce giant ...

CRETech July 11, 2019
When an industry is called out in The Wall Street Journal, investors take notice. Last week, the Journal proclaimed that venture capitalists are “pouring money” into startups that leverage technology to make commercial and residential constr...
CRETech July 11, 2019

Sonder, which rents serviced apartments akin to boutique hotels, has raised $225 million at a valuation north of $1 billion, the company announced this morning.

News of the round, which brings
CRETech July 11, 2019

Blockchain, an innovative technology which was first developed in 2008, is gaining momentum across industries. According to Investopedia, “blockchain is a distributed, decentralized, public ledger.” Its use cases are rapidly growing and the real estate industry can also bene...

CRETech July 11, 2019
Big technology companies are doubling down on New York City by adding millions of square feet in office space and creating thousands of new jobs, with few aftereffects fromAmazon.com Inc. ’s nixing of a Queens headquarters. Alphabet Inc.
CRETech July 11, 2019

CHILLICOTHE, Ohio — When Toby Bouska Jr. started assembling cabs for Kenworth semitrucks last year, he learned the ropes by observing longtime workers at the factory. But it wasn’t exactly engaging, and he didn’t get much practice doing the job himself.

“It’s them doing the job, and you just have to watch,” said Mr. Bou...

CRETech July 11, 2019
A new Denver-based company is taking the uncertainty out of short-term vacation rentals by purchasing single-family homes and branding them like boutique hotels. The company, D. Alexander, is the answer to guaranteeing a positive guest experience that companies such as Airbnb, VRBO and HomeAway cannot because they don’t own the homes they rent, D. Alexander co-founder Alex Allison said.
CRETech July 11, 2019
Compass — the $4.4 billion Softbank-backed brokerage that’s shaken up the real estate landscape over the past seven years — was hit with an explosive and wide-ranging lawsuit Wednesday by a key rival accusing it of price-fixing and collusion, “predatory” poaching and unfair business practices. Realogy, in a 68-page complaint filed in New York State Supreme Court, alleges the firm ro...
CRETech July 11, 2019
Housing is experiencing a labor shortage like never before. According to industry data provider, Metrostudy, the shortage is due to an aging/retiring skilled labor force in construction, a stronger than ever appeal of other industries for younger workers over construction, and new government policies that are weakening the availability of immigrant construction labor.
CRETech July 11, 2019

Leader in workplace productivity expands document management capabilities and increases focus on insurance and finance markets

FISHERS, INDIANA – July 10, 2019 – Formstack, a software-as-a-service (SaaS) company with a mission to transform the way people collect information and put it to wo...