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CRETECH December 12, 2017
Why migration has stalled in American cities with the most opportunity Steve Marcus A carpenter works on a new home at a residential construction site in the west side of the valley April 5, 2013. Las Vegas is a lower-wage metro area that can attract people not by its economic prowess but by its supply of lower-cost housing. By Emily Badger, New York Times News Service Tuesday, Dec. 12, 2017 | 2...
CRETECH December 12, 2017
> Tech the Halls Nabs 136K-SF Data Center December 12, 2017 SkyWalker Property Partners, operating under the entity Tech the Halls LLC, acquired a 136,000-square-foot, Tier IV-designed data facility in Irving, TX. The property at 6001 Campus Circle W. sold for an undisclosed amount. Ryan Crabtree with Coldwell Banker Commercial Advisors represented the buyer, while CBRE’s Steve Berger represe...
CRETECH December 12, 2017
Nextdoor, a social network specifically designed to connect neighbors and is serving 100,000 U.S. neighborhoods and counting, has reportedly raised $ 75 million in a recent funding round, according to an article published today by subscription tech news website The Information … Inman
CRETECH December 12, 2017
Hilton Hotels & Resorts has unveiled its vision of the future of hotel experiences, with the launch of the “connected room”, a new feature set to become available at its properties in Dallas, Memphis and Washington D.C. by next year. Connected rooms in those hotels will be enabled by the launch of a new mobile application, called Hilton Honors, which guests can use to control the room’s ...
CRETECH December 12, 2017
Compass continues to raise capital, having just landed its biggest funding round yet from the Japanese telecommunications giant SoftBank Group. Less than a month after the New York-based real estate technology startup received $100 million in series E funding from Fidelity Investments, Tokyo-based SoftBank infused the company with $450 million, plus another $50 million in secondary deals. This inv...
CRETECH December 12, 2017
Nextdoor, the neighborhood social networking site raised about $75 million in a funding round, The Information reported, estimating that the valuation is $1.5 billion. The round was confirmed by TechCrunch. This adds to the over $200 million that the San Francisco-based company has raised, dating back to 2010. Its last reported round was in early 2015 at a $1.1 valuation. The report says that the ...
CRETECH December 12, 2017
Smart home speakers will be among the top holiday gifts this season, with Amazon's Echo and Google Home leading the way. What keeps these two in the lead against competitors are the multitude of “skills” available through each company's respective artificial intelligence (AI) platforms: Alexa and Google Assistant. Various businesses have partnered with Amazon and Google to provide a ...
CRETECH December 12, 2017
Real estate heavyweights clearly don’t want to be left in the dust by tech startups that see opportunities to do things more efficiently, more transparently, and more affordably than has previously been possible in the long clubby, expensive, and opaque world of real estate. Just one indicator is their sudden interest in venture capital. Indeed, a six-year-old, Beverly Hills, Ca.-based early-sta...
CRETECH December 11, 2017
Imagine a room full of creative, smart and clever real estate nerds. That is Hacker Connect, where 500 of the savviest real estate tech professionals will convene all day on Monday, January 22, in New York City at the Marriott Marquis Hotel, Times Square to solve problems, share insights and learn from each other … Inman
CRETECH December 11, 2017
Baum Realty is a retail brokerage firm based in Chicago, IL. For years they’d been struggling with a siloed tech stack and data spread across a variety of sources and tools. And then they switched to Apto. As Mike Demetriou, President of Baum Realty Group put it: "It's unusual that you can find a piece of technology you can actually ascribe to getting a deal done, and therefore monetiz...