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CRETech May 03, 2019

Monitoring a space is about a lot more than security cameras. Awair is trying to help businesses and consumers more deeply understand the environments in which they live and work.

CRETech May 03, 2019

Eric Wittman joins JLL Spark as chief growth officer

SAN FRANCISCO, May 2, 2019 – JLL Spark, an independent division of JLL (NYSE: JLL) that operates a $100 million global venture fund to invest in proptech companies transforming commercial real...
CRETech May 03, 2019
The owner of the New York Stock Exchange is betting on further digitization of the U.S. mortgage market with the $335 million acquisition of Simplifile, a firm that facilitates electronic processing of mortgage records.
CRETech May 03, 2019

Bird and Lime are scooting along, backed by hundreds of millions in venture capital. But there are still plenty of companies hoping to dominate the still-nascent micromobility market, given its promise. Among them: Bond Mobility, a three-year-old Palo Alto, Calif. and Zurich, Switzerland-based startup that says its “high-performance...

CRETech May 03, 2019
Marriott is getting into bed with the short-term rental industry, and experts say the move will further legitimize, not kill off, the growing home-sharing sector.
CRETech May 03, 2019
WeWork’s announcement this week that it has filed preliminary paperwork to pave the way for a public offering is a signal of its plans to expand further. But in Europe, the company faces a more competitive field where local firms dominate market share in...
CRETech May 03, 2019

More than 130 tenants living in two rent-regulated Brooklyn apartment complexes demanded the state stop their landlord from installing facial recognition entry systems in their buildings Wednesday, arguing the move would create profound privacy concerns.

CRETech May 03, 2019
Clark Nexsen’s Paul Battaglia and Susan Drew attended and presented at Future Offices 2019 in New York this winter. Between presentations, workshops, panels, and tours of cutting-edge office space, they gleaned some interesting takeaways for workplace design:
CRETech May 03, 2019
After renovating the amenities floor a few years ago at 515 North State Street, landlord Beacon Capital Partners noticed the space was sparsely used. Then WeWork took five floors in the building.
CRETech May 03, 2019
Sacked by market headwinds and competition from rivals “who seem fine with losing money,” Realogy lost $99 million during 2019’s first quarter — nearly 48 percent more than last year’s loss of $67 million. On Thursday, the New Jersey-based conglomerate reported overall revenue of $1.1 billion for the quarter, a 9 percent decline. Transaction volume also dropped 9 percent, compared to ...