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CRETech February 15, 2019

With its tan stucco exterior and red tile roof, the Rittenhouse home on South Star Canyon Drive looks a lot like the other houses in Power Ranch, a large planned community southeast of Phoenix.

Mark, a meat buyer for a grocery chain, and Anne, a nurse, bought the house for $293,000 in 2010 during the U.S. foreclosure crisis, which hit the Phoenix area particularly har...
CRETech February 15, 2019
Gen-z is entering the apartment market, and the generation has high expectations for rental living. Luxury student housing has grown in popularity in recent years, and gen-Z has had the benefit of staying in quality housing during college. As it enters the apartment market, it will be looking for a similar living experience with amenities and high-end features.
CRETech February 15, 2019
The fast-developing energy storage market is powering new opportunities for commercial real estate, from diversifying location choices to boosting companies’ revenue and eco-credentials. The technology behind ion lithium batteries has taken big steps forward in recent years, making onsite (also known as behind the meter) energy storage a more viable, reliable and attractive option for all typ...
CRETech February 15, 2019
A Bay Area startup is taking on one of the biggest barriers to e-commerce's takeover of grocery shopping. The startup, called Farmstead, delivers groceries to its online subscribers by sourcing produce from farms and storing them in its own "micro-warehouse," rather than picking from store aisles like Amazon Prime Now does with Whole Foods, or more established apps like Instacart do with part...
CRETech February 15, 2019
Coworking’s rapid expansion has been concentrated in gateway U.S. markets, but smaller coworking providers are capitalizing on untapped demand in smaller cities. And they aren’t afraid of the $47B elephant in the room. “It’s a practical matter,” Serendipity Labs CEO and Chairman John Arenas said. “It’s very hard to transfer some brands outside of big city centers.” While Ser...
CRETech February 15, 2019

No, this isn’t about Fannie Mae. And don’t get confused with Jed Clampett’s hayseed daughter Elly May on “The Beverly Hillbillies,” either. It’s Ellie Mae, the publicly traded provider of mortgage-processing software-as-a-service to American home lenders.

The investment firm Thoma Bravo is paying $3.7 billion to acqui...

CRETech February 15, 2019
Stafford, TX February 14, 2019- RealNex and its Virtual Reality partner Pix have just announced another first for the CRE industry, 3D Virtual Reality property listings.  RealNex MarketPlace now enables any user to more effectively present and differentiate their listing with an integrated 3D VR model. Like the rest of RealNex MarketPlace, these listings and the models can be viewed in any web b...
CRETech February 15, 2019
NEW YORK (February 14, 2019)– International real estate advisor Savills today announced the launch of Workthere in the U.S. Workthere combines a website listing technology (workthere.com) with specialized brokerage service that helps businesses find flexible, coworking and serviced office space around the world. A completely free tool ...
CRETech February 15, 2019
Chris Kelly, the co-founder of co-working firm Convene, has taken a step back from his role as president at the firm, as the company says it is searching for a new leader with experience to expand globally. Kelly was moved to the role of vice chairman last December at the New York-based firm, which has 23 locations across the country, offering space and amenities, and more recently co-working s...
CRETech February 14, 2019

Google for Startups has expanded a partnership with startup training program Founder Gym to better serve underrepresented founders through a new scholarship program.

The p...