Other Archives | Page 19 of 235 | CREtech

CBRE is planning to lay off more than three dozen employees in its New York office due to a shift in business priorities. The world’s largest commercial real estate services firm filed a notice with the state’s Department of Labor earlier this month stating it planned to let go 40 employees.

Built, a construction finance technology platform, is taking aim at the pain points in construction lending, continually adding features to help streamline the process. To accomplish this goal the firm has brought on commercial lender executive Jim Fraser to help with the task.

The brain drain from Knight Frank to growing property management platform Rentify continues. The platform, which in October poached Knight Frank high flier Lucy Jones, was established in 2011 and has so far received some £8 million in funding. But three more Knight Frank seniors have now also joined the lettings agency. The first is Giles Barrett, a former Partner at Knight F...

Proxyclick, the leading provider of enterprise visitor management software1, today announced that it closed a $15 million Series B funding round led by Five Elms Capital with participation from Series A investor JOIN Capital. The investment will fund Proxyclick’s accelerated product roadmap and momentum of its sales and marketing reach worldwide, especially in the US—its biggest market. “...

I hope that 2020 is the year that our industry can get a handle on all the elements of ESG as more than buzzwords and actually embed them into business strategies. I still see too many organisations viewing sustainability and social impact as discretionary or ‘soft’ when actually, as shown by the terrible fires in Australia, tackling climate change and inequality is of critical importance to ...

PROPERTYIDX, New York City’s largest investment sales marketplace with over $25 billion in exclusive mixed-use, multifamily and commercial properties, marks a massive milestone for the greater commercial real estate market.  In a first for the commercial real estate industry, PROPERTYIDX announced the launch of Listing Intelligence™, the industry’s first-ever real-time market intel and ben...

A SoftBank-backed construction startup that has faced questions about its ability to deliver projects in the U.S., just secured a contract to build thousands of homes in Saudi Arabia. The company, Katerra, confirmed to The Real Deal that it has entered a $650 million contract with the Saudi Arabia government to build 8,000 homes in the country. Katerra declined to comment further. The...

Modern buildings are much more than physical structures. Few, if any, industries can match the complex web of facilities, infrastructure, technologies and commercial interests that converge in commercial real estate. In order to maximize NOI, multiple parameters across domains such as operation and maintenance costs, energy spend, asset capital, vendor contracts, tenant churn, and much more, must ...

Property investment for the average person usually involves making investments in projects that have already been completed. However, there’s now an opportunity to invest in property projects before they’re actually completed. This has been made possible by leveraging blockchain technology. It can take several years or longer to develop property projects from the ground up, and it can also be...