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Private-equity firm Insight Venture Partners has made its latest bet in the commercial real estate technology space, acquiring a New York-based software company focused on building operations. Through Property Brands, a holding company in which Insight is the lead investor, it bought SiteCompli, The Real Deal has learned.
The acquisition closed earlier this year, sources confirmed. On ...
JLL has plunged into the tech market by launching $100 million global venture fund JLL Spark. In the last nine months, the fund has invested in 11 start-up concepts, including Honest Buildings, Jones, Humble and Lively. At the CRETech Los Angeles conference this week, Andrea Jang, head of growth in the Americas at JLL Spark, spoke about JLL’s co...
Customers of Amazon Web Services looking for easier ways to get their deep-learning models into production will be able to take advantage of a new service based around Docker containers.
Matt Wood, general manager of deep learning and AI for AWS, announced the AWS Deep Learning Containers Wednesday during the AWS S...
Existing senior living communities, more than two-thirds of which were built before 2000, are competing with new buildings better suited to what the market wants. However, with regular minor to moderate renovations that focus on aesthetics, sustainability, and wellness, these existing buildings can be renovated to keep up with their newer counterparts.
The U.S. has long been the land of the automobile. We design cities around parking lots, create suburbs “within driving distance” of major metropolises and have highways that span coast to coast. The car is an undeniable part of America’s history and has shaped how much of it looks today. But as more and more people move to cities—the UN predicts that
In Martín Amengual’s office in Los Angeles, he held up a tiny, 64GB digital memory card.
“Imagine every thick roll of architectural drawings for a 1.5M SF mixed-use project, all being replaced by this — a data-rich 3D file in the cloud,” he said.
When Amengual was a young man working in construction and development in Argentina, he saw the inefficiencies in the design process: Build...
Dvele, a San Diego prefab home builder, has just raised a $14 million Series A from Crescent Real Estate. While the prefab home concept isn’t new, the number of investors putting money into companies focused on the sector is increasing at a rapid rate as of late.
In an exclusive interview, CEO and Co-founder
New breakthroughs in robotics could hasten the arrival of automated distribution centers faster than was previously thought possible.
In 2018, about 4,000 robotic warehouses were in operation around the globe, but by 2025, that number could spike as high as 50,000, according to a report by ABI Research. That would equate to about 4 million robots, the technology research firm wrote in a summa...
WeWork is growing rapidly, and while they are relatively new to the market, they are taking a long-term view of the office industry. At the annual CRETech conference in Los Angeles yesterday, WeWork leaders opened the event with a look inside the company’s business model and perspective, including its growth, the future of office and how WeWork is impacting the ...