News Archives | Page 848 of 1011 | CREtech

A new generation entering the workforce and a new coterie of tech-centric markets are among the key trends this year, says Cushman & Wakefield. The emergence of Atlanta, Dallas/Fort Worth and Provo, UT as tech hubs in the making comes in at No. 10 on the firm’s “Top 10 Trends to Watch in Commercial Real Estate 2019” roster. Another tech-related trend figures in the Top 10. Coming in a...

2018 was the year PropTech went mainstream: According to a new survey, a majority of real estate companies around the world with assets of more than $250M (£193M) are now directly investing in at least one PropTech firm. Brokers like JLL and CBRE are investing in PropTech companies and investors like Brookfield and Oxford Properties have set up specific divisions to make investments in compani...

A CBRE analysis of recent office building sales found a majority of those with flexible workspaces sold for either more or roughly the same as properties without flex space and also had cap rates lower than national and market averages. The study, which looked at 31 transactions of buildings with at least 10 perce...

For many organizations — especially property management firms or those who frequently use 1031 exchanges — managing escrow accounts is an essential part of their business, although one that is labor-intensive and time-consuming. Historically, every stage in the escrow process — from opening an account to producing end of year tax forms for the IRS — required them to interact with their ban...

A startup that aims to cut out traditional residential real estate brokers has raised $45 million in its latest funding round. REX, or Real Estate Exchange, announced the Series C funding round Tuesday, bringing its total funding to $75 million since it launched in 2015. The Los Angeles-based startup provides a platform, RexHomes, where customers can buy and sell residential property at a flat ...

It’s a bright September morning in San Carlos, California, and Masayoshi Son, chairman of SoftBank, is throwing me off schedule. I’d come, as he had, to meet with the people he’s tapped to run the Vision Fund, his $100 billion bet on the future of, well, everything. After almost four decades of building SoftBank into a telecom conglomerate, Son, an inveterate dealmaker, launched this unprece...

Keller Williams is likely going to launch its own iBuyer program during the second quarter of the year. Gary Keller, who recently returned to his namesake firm as CEO, ...