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Property insurers are preparing to fly dozens of drones over homes and businesses to assess damage in the wake of Tropical Storm Harvey, the first widespread use of unmanned aircraft to size up catastrophe claims.
Passengers are traveling through area airports in record numbers, and freight volume continues to rise, the Port Authority of New York and New Jersey announced Tuesday. In the first half of this year, John F. Kennedy International Airport saw an all-time-high 28.5 million total passengers, 1.4% more than the same period last year. Air-cargo volume increased 6.7% compared to the year before. Newark...
New York is the second-most expensive place in the country to rent an office desk, according to a study from workspace network start-up LiquidSpace. In its flexible offices second quarter report, the firm found that the average rent per person in New York stands at $740. The figure is lower than the average in San Francisco, which was at $911. However, it was 45 percent higher than the national av...
Adwerx is a well-known advertising and re-targeting network for real estate agents (though if you’re not in that line of business, chances are you’ve never heard of it, of course). The Durham, NC-based company today announced that it has raised a $4.3 million funding round led by Grotech Ventures, with participation from Bull City Venture Partners and Alerion Ventures. The company, which was s...
Commercial real estate is a bit sluggish amid uncertainties regarding tax reform and economic stimuli; however, many national investors are looking to Chicago as a good bet. When you consider the strength of the demographics and dynamic employment pool, it’s no wonder savvy, national and international investors continue to invest billions of dollars of capital into the market. Cap rates, price p...
Real estate tech firm Compass has hired Craig Anderson from Flywheel Sports to replace chief financial officer David Snider. Snider, who had also headed operations at the company until a new COO was... To view the full story, click the title link.
HAYWARD, Calif.--(BUSINESS WIRE)--Kinestral Technologies, Inc., a leading developer of smart-tinting glass for commercial and residential real estate, has been named the recipient of the 2017 North American Smart Glass New Product Innovation Award by Frost & Sullivan, an internationally recognized market research, analysis, growth strategy, and corporate training firm. Frost & Sullivan cit...
Domuso, a property management system and payment portal that lets tenants in sticky situations pay late rent over time, has raised $3.1M in funding. This brings the total amount raised for the startup, which was part of the TechCrunch Disrupt NY 2017 Battlefield competition, to $5.8M. The concept for Domuso is straightforward – there are certain life events that sometimes get in the way of payin...
One of the big issues with the smart home is that so many of the country’s tech lovers aren’t living in homes. Dwelo is designing large-scale smart home solutions built for renters living in apartments. The startup’s system allows building owners to integrate things like smart locks, lights and thermostats into their units while renters are given a Dwelo app and hub that allows them to contr...
The fall real estate conference circuit is just around the corner! It’s not too late to get a plan in place for making the most out of these networking opportunities. Here are some of the top events on our list: EXPO RealOct 4-6, Munich, Germany Based in Munich, Germany, EXPO is one of the biggest property conferences in Europe. With almost 40,000 attendees from 77 countries, you'll find po...