Uber’s ride-hailing business is growing more slowly than its newer bets. In Uber’s Q1 2019 earnings, the company reported gross bookings growth of 230% for its other bets, while ridesharing grew just 22% compared to...
News Archives | Page 770 of 1014 | CREtech
Few issues currently vex developers more than rising construction costs, but there are ways to fight back against price increases.
And even though experts agree costs will continue going up, one way or another, developers will find a way to keep building.
"Developers, by definition, are almost unreasonably optimistic," Antheus Capital founder and principal Eli Ungar said at Bisnow's Chicago...
What is old is new again in American cities. People are living with strangers to save money and maintain a higher standard of living than they might enjoy on their own. This time they’re calling it “co-living.”
This particular brand of housing involves renting private bedrooms in dorm-like buildings where living rooms, kitchens, and even bathrooms are shared. This is very similar to the m...
Blackstone Group BX -1.03% LP is cashing in on its bet on the suburban rental class.
The private-equity firm late Tuesday sold more than $1 billion of shares of <...
LOS ANGELES—There is no question that the coworking industry has both impressed on the street and transformed the office sector. However, doubts on the balance sheet have many experts questioning what this will look like in the future. GlobeSt.com spoke to Scott Unger, office specialist and SVP in the Pasadena/Tri-Cities office of Kidder Mathews, the largest ind...
NEW YORK, May 29, 2019 /PRNewswire/ -- Jetty, a financial services company that removes the financial barriers of renting, today announced the launch of Student Housing Express, the first-ever platform designed to speed up and simplify the leasing process for student housing property managers with real-time underwriting.
Strict guar...
UBS released a study that predicts the future impact of driverless taxis (AKA Robo-taxis) in New York City. The analysts found that if ‘robo-taxis’ become a reality, fares will drop up to 80 percent by 2030, which will make a cab cheaper than a subway ride!
RXR Realty is doubling down on WeWork after signing another lease with the co-working giant at 620 Sixth Avenue.
WeWork, the office arm of the We Company, will take 212,400 square feet across three floors at the building and replace the offices of Spotify and Mediaocean. The New York Post reported that WeWork was leasing space at the building.
Ahead of what would be the second largest initial public offering of the year, the We Company is in discussions with banks to secure a $2.75 billion credit line.
While it remains unclear which banks are considering the financing, Bloomberg reported that JPMorgan is leading the talks. JPMorgan is also one of WeWork’s earliest investors.
A rabbet is a notch formed in or near the edge of a board, so another construction piece can fit squarely into the wedge, connecting different pieces of material.
For Austin-based software company Rabbet, the word has taken on a slightly different meaning.
The software developer envisions its proprietary solutions as tools that can connect complex aspects of the construction financing p...