NEW YORK CITY—A recent report from Cushman & Wakefield revealed that Manhattan office leasing activity soared to the highest level in four years in the third quarter of this year, with 9.6 million square feet of space transacted. Reflective of the buoyancy of the local employment market which increased by 53,000 jobs last year, the stats indicate that 2018 is a...
News Archives | Page 878 of 1007 | CREtech
Goldman Sachs forecast a $100 billion market opportunity emerging for drones from 2016 through 2020. We are more than halfway through that window, and real estate is one of the industries feeling the greatest reverberations from drones' arrival. Drones are able to collect data in unprecedented ways, complete tasks like physical inspections too risky for humans and are impacting the marketing of re...
Autonomous vehicles or AV’s may be the next wave to wash over the retail industry and the state of Florida — with more than 11,000 shopping centers or more than its share with almost 10 percent of the US total — may be at the forefront.
As the coworking in retail centers trend gains momentum across the country, flexible meeting and workspace provider Convene has entered a strategic partnership with New York-based tech-driven convenience store chain New Stand to bring retail into the coworking space.
By Richard Sarkis, Co-founder & CEO at Reonomy
Data is Warming Up the Commercial Real Estate Cold Call
Due to a heavier reliance on data for prospecting and outreach across the industry, commercial real estate cold calling is not quite as “cold” as it used to be.
Tra...
Starry and world-renowned real estate firm Related Companies partner to provide cutting-edge, new choice in broadband internet service to Related’s portfolio of diverse residential properties including significant portfolio of affordable housing;
Starry expands its footprint outside of Boston, Los Angeles and Washington, DC with launch of service in New York City this fall.
It’s been a year of milestones for coworking behemoth WeWork. It announced a $3B injection from Japan’s SoftBank Group, which would value the company at $45B, making it second only to Uber as the most valuable startup in the country.
In September, it became the biggest private tenant in Manhattan, with more than 5M SF under its control in the borough. Across the city, WeWork has more th...
DWS Group is joining the wave of commercial real estate companies buying into artificial intelligence.
The asset management arm of Deutsche Bank has entered into a structured partnership with Skyline AI that includes a minority ownership stake, DWS Group announced in a press release. DWS plans to use Skyline's technology to assist in identifying, managing, buying and selling institutional-grad...
Vacation rental management startup Vacasa is launching a new service aiming to capitalize on the further integration of multifamily and hospitality.
The company, headquartered at The Heartline building in Portland, Oregon, announced the debut of Vacasa Multifamily in a press release on Nov. 14. The new branch will partner with developers and property managers to optimize and manage vacant u...
Four years ago, tech entrepreneur Avi Dorfman sued Compass and CEO Robert Reffkin, claiming they implemented his ideas and then cut him out of the action. It turns out Dorfman is aiming to collect nearly $200 million from the firm, recently valued at $4.4 billion.