News Archives | Page 81 of 1006 | CREtech

henry May 17, 2022
Making money out of modular housebuilding is proving harder than its champions thought. High hopes were pinned on modular construction as a cheap and efficient way to scale up housebuilding. But simply being a good idea isn’t enough to assure financial success, if the appointment of administrators at House — Urban Splash House Holdings Group, is a guide. ...
henry May 17, 2022

Better.com CEO Vishal Garg has acknowledged to employees that he “personally guaranteed” the $750 million cash infusion provided to the online mortgage lender last November in an email seen by TechCrunch.

henry May 17, 2022

WeWork Inc.’s first-quarter loss narrowed sharply as gross desk sales reached prepandemic levels with the gradual return of employees in the U.S. to in-person work.

The shared-office company said Thursday its top line rose 28% from a year ago, with 166,000 desks sold, ...

henry May 17, 2022
Using terminology like Proptech and Fintech (popular buzzwords in today’s tech scene) would have elicited raised eyebrows only 16 years ago. During that time period, technology was only marginally accepted throughout businesses and economies.
henry May 17, 2022
Israel-based pre-construction AI and computer vision startup, Firmus, has raised $4.5m in seed funding. The company says that the fresh funding will help to bring data-driven decision-making capabilities and AI-based risk management to the early stages of construction projects.
henry May 17, 2022
Multidwelling units (MDUs) and multifamily properties are buildings designed to house several different families and contained in a single building or several buildings within one complex. The building is typically divided into separate housing units and is owned by one entity.
henry May 17, 2022
While earlier in the year, much of the talk in the tech sector focused on falling valuations, dropping stock prices and slower funding rounds, a lot of chatter the past two months has been around something that hits much closer to home for many people.
daryn May 16, 2022
Backed by one of the world’s largest asset managers, Material Bank wants to reinvent real estate supply chains by aggregating hundreds of thousands of design and construction materials.
daryn May 16, 2022
After Jules Stewart ordered an electric vehicle, her next move was to ask the property manager of her northern Sydney apartment building about installing a powerpoint in the garage.
daryn May 16, 2022

The news has gone from bad to worse for SoftBank.

The Japanese conglomerate said on Thursday that it had lost about $27 billion in its two Vision Funds for the year that ended in March, as many of the major tech companies it invests in have struggled under rising inflation, concerns about Covid lockdowns in China and broad weakness...