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CRETech April 05, 2019
WeWork Cos. has added another piece to its growing suite of services. The shared office-leasing giant said Wednesday it agreed to acquire Managed by Q Inc., which runs a platform that office tenants can use to hire service providers such as cleaning crews, receptionists or IT support staff.
Financial terms weren’t disclosed. The companies said WeWork is using cash an...
CRETech April 05, 2019
NEW YORK CITY—We’re finally beginning to see supply eclipse demand in multifamily markets across the nation. Owners and operators can no longer rely on the high rent and occupancy rates they’ve enjoyed in recent years. Accordingly, multifamily leaders are being pressed to operate more efficiently. One emerging technology that can provide an unfair advantage above all others is big data. Harn...
CRETech April 05, 2019
The next frontier for coworking space is in shopping centers and other retail properties, according to a new report by Colliers International. Coworking is already part of mixed-use developments, but Colliers reports that developers now have the opportunity to attract coworking companies directly into retail centers, much the same way that clinics and other medical facilities are locating i...
CRETech April 05, 2019
For the past eight years, Washington D.C.-area venture capital firm Camber Creekhas invested millions of dollars in technology companies focused on innovating the real estate industry. The firm manages two funds generated by investors who collectively own, operate and manage over 150 million square feet of real estate in the U.S., incl...
CRETech April 05, 2019
When I was 13 or 14, I started a business. It was a mobile DJ business with a focus on the metro-west Boston bar mitzvah and sweet 16 circuit. There are lots of great stories and learnings I could share, but this one is about data, and it relates to the current commercial real estate landscape. During this time, which was before digital music and subscription services were available, I had to ...
CRETech April 04, 2019

If the phone booth of yore—that onetime emblem of convenience and privacy—had evolved instead of meeting its demise with the near ubiquity of cellphones, it might look like a JabbrrX.

The quiet, 4-foot-square chamber is plush, with sound-absorbing walls, good lighting and an upholstered bench. It is technology-enhanced, with secure Wi-Fi, Bluetooth co...

CRETech April 04, 2019
Real estate firms are increasingly putting technology front and centre in their businesses, as the industry continues to grapple with changes brought by property technology (Proptech). Last year, a total of US$9.6 billion in venture capi...
CRETech April 04, 2019
Walmart today unveiled a new partnership with Google’s virtual assistantto let customers shop via voice command, the latest integration between the two companies as they both battle Amazon. Under the partnership rolling out this month, customers will be abl...
CRETech April 04, 2019
HARRISBURG, PA, AND KEENE, NH—StackSource, a startup in the Fintech/Proptech space developing an online platform for commercial real estate financing, arranged a $19.4 million CMBS loan for two shopping centers, in Harrisburg, PA, and Keene, NH. The $19.6 million loan closed with Starwood Mortgage Capital, financing The Shoppes at Susquehanna,
CRETech April 04, 2019
The nation's largest co-living provider is expanding its presence to four new cities with $300M in new projects. Common is planning new multifamily projects in Philadelphia, Atlanta, Pittsburgh and San Diego, expanding beyond the six markets where the company already operates. Common is partnering with different local developers in each city to spearhead these new projects.