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After raising $400 million in September in a round that valued it at $4.4 billion, real estate startup Compass is making an acquisition to help it double down on growth: it is acquiring a portion of Spring, the mobile-first fas...
Be careful chasing the fanciest app or newest technology when catering to the commercial real estate industry, because to the average professional, it is still about what it will do for the customer.
“It's not the flashiest, newest smart home technology that's cool,” Cortland Partners Chief Experience Officer Mike Gomes said. “We're not seeing a lot of pounding of our residents on the doo...
Jamie Dimon has never been shy about his envy for Silicon Valley.
The CEO of J.P. Morgan Chase frequently travels west to meet with venture capitalists and entrepreneurs, touts his bank's
Following Verizon’s October 1 launch of a “fixed 5G” network for customers in parts of four cities, AT&T today said it will be introducing its mobile 5G network “in parts of 12 cities” within the “next few weeks.” T...
Rapid expansion comes at a price. Knotel, one of WeWork’s biggest threats, racked up an EBITDA loss of $24.1 million on $17.6 million in revenues between January and July, according to internal numbers obtained by The Real Deal. The company’s operating loss stood at $11.6 million.
Founded in 2016, Knotel expanded from just 200,000 square feet of office space under management at the...
It’s a good week to be Josh Kushner, venture capitalist, founder of the health insurance unicorn Oscar, brother to President Donald Trump’s senior advisor Jared Kush...
Placer.ai, which uses smartphone tracking data to help businesses make decisions, announced the closure of a $4 million funding round today. The funds will be used to expand its service for tracking and predicting foot traffic and people’s movements and to grow its sales and marketing teams.
The commercial real estate industry is decades behind many industries that have already automated and are using emerging technologies to make processes faster and more efficient. But bringing buildings into the modern era won't be easy.
More than 80% of existing buildings in the U.S. are over 30 years old, Buchalter shareholder Manuel Fishman said.