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CRETECH September 01, 2017
With the exponential growth of smart phone adoption, a flourishing start-up scene and booming ecommerce, the tech sector across many cities in Asia Pacific is expanding fast. Tech companies are becoming a key driver in office markets from South Korea to India as new start-ups flock to the region and existing companies expand. “Tech firms are now among the largest occupier categories in many mark...
CRETECH August 31, 2017
Ellie Mae announced Thursday that it will acquire Velocify, a sales acceleration platform, for $128 million in cash. The transaction is expected to close in the fourth quarter of 2017 and will not impact third-quarter financials, the company said. “As part of our comprehensive strategy to deliver the first true digital mortgage to the industry, we are helping lenders to originate more loans, re...
CRETECH August 31, 2017
When it comes to design, sometimes it’s all about sweating the small stuff. Or so says Nick Cronan, a cofounder of San Francisco design and branding agency Branch. With a focus on advanced craft, and a penchant for intelligent work, the studio is giving home tech products exceptional form alongside their futuristic functions. “Design in home tech is now table stakes,” adds Josh Morenstein, t...
CRETECH August 31, 2017
Uber Added to Speaker Roster at CRE // Tech Los Angeles on September 28 Max Crowley, Strategic Initiatives at Uber for Business will speak at their Los Angeles event at CBRE Headquarters New York, NY (August 31, 2017)-- CRE // Tech, the leading event, content and connectivity platform for the commercial real estate industry, announced today that Max Crowley, Strategic Initiatives, Uber for Busines...
CRETECH August 31, 2017
Expands Company Footprint to Southern California; Doubles Units Under Management     August 30, 2017--Oakland, CA-- Mynd, the tech-powered property management company with the industry’s first real-time data management and mobile app, announced today that it has acquired San Diego-based Pacific Shore Management’s 595 unit portfolio. The deal makes Mynd one of the fastest growing mid-cap prop...
CRETECH August 31, 2017
In the following slideshow, NREI reveals the 10 most active office tenants from August 2016 through July 2017, based on the amount of square footage they leased. Two driving forces in the tech economy—e-commerce titan Amazon and co-working giant WeWork—are driving much of the recent office leasing activity in the United States. Data supplied to NREI by CoStar Portfolio Strategy shows Amazon an...
CRETECH August 31, 2017
This is the type of entrepreneur we need to be attracting to CRE tech… A big shout out to my friend Tyler Buck of Originate, one of the smartest, well connected and most knowledgeable people I know in the tech world. What makes Tyler so good is the quality of people he surrounds himself with. And one of the most impressive he has referred me to is Dana Dunford of Hemlane. Wow, was I friggin impr...
CRETECH August 31, 2017
We assembled a panel of industry experts to tackle this month’s question. Here’s what they had to say. Noah R. Balanoff, executive managing director, Colliers International (Parsippany) U.S. e-commerce sales now represent 8.5 percent of total retail sales. The northern and central New Jersey industrial markets have benefitted directly from this tech-driven phenomenon. E-commerce and traditiona...
CRETECH August 30, 2017
By Lou Hirsh Wednesday, August 30, 2017 Tweet     Oakland-headquartered Mynd, which describes itself as a “tech-powered” residential rental property management company, has acquired San Diego-based Pacific Shore Management for an undisclosed price. A statement from Mynd, which currently operates primarily in the Bay Area, said the acquisition of Pacific Shore Management, based in Mission Val...
CRETECH August 30, 2017
In response to the devastating effects of Hurricane Harvey across parts of Texas, Venture X, a provider of flexible workspace for businesses and professionals, is offering free day passes for those from affected areas (with valid ID) in its new, 20,000-square-foot workspace located in San Antonio, TX. For a limited time, Venture X is waiving the usual $25 daily pass fee at facility, located at 189...