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CRETECH March 27, 2018
Resistance to change in the real estate industry is fading away as new technologies become ingrained in the day-to-day business of buying, selling and developing properties. The creators and backers of new real estate tech say they hope to change things in the same way that disruptive new services have revolutionized other aspects of modern life, such as Amazon changing the way we shop and Uber ch...
CRETECH March 27, 2018
The Property Manager for the New Economy, Citibase is set to provide a boost for the local business economy in High Wycombe with the opening of an impressive new flexible officing hub, providing 7,000 sq ft of flexible and affordable fully serviced office space for up to 120 SMEs, entrepreneurs and start-ups. Occupying a prime position in the heart of the town, Citibase High Wycombe is situated in...
CRETech March 26, 2018
The deal was worth an unsuspecting total of $10, but what it represents could disrupt the entire real estate industry worldwide. The deal was part of a pilot program between a county in Vermont and San Francisco-based startup Propy, which is developing a blockchain-powered registry for real estate transactions. Blockchain technology allows for nearly instantaneous peer-to-peer transfers betw...
CRETech March 26, 2018
Recently, investors such as venture capital firms or traditional real estate development companies are looking for companies past the series A funding round and towards later round...
CRETech March 26, 2018
Serendipity Labs, a flexible workspace operator based in Rye, N.Y., is planting a flag in Los Angeles, Commercial Observer can first report. For its first L.A. location, the company last night signed a deal to sublease 36,000 square feet on the entire second floor from the defunct ...
CRETech March 26, 2018
CRETech March 26, 2018
Real estate investor and Tampa Bay Lightning owner Jeff Vinik has expanded his relationship with Dreamit Ventures through a new $12 million investment into the early stage fund and accelerator, announced earlier this week. The deal will also see Vinik joining Dreamit as a Partner and a member of the Board of Directors. Vinik was already partnered with Dreamit in a formal capacity prior to this ...
CRETech March 26, 2018
Apartment buildings with more social amenities, such as pools, fitness centers and clubrooms, have sold for significantly less than those with fewer social amenities in a major U.S. market over the last five years, a new study shows.  JBG Smith The clubroom at Pentagon City's The Bartlett, one of the apartment buildings NKF's study classifies as well-designed and highly-amenitized Newmark Kni...
CRETech March 25, 2018
Babcock Ranch offers a town-size rejoinder to those who say solar power can’t scale. In the suburbs of Fort Myers in South Florida, Babcock is meant to become America’s first city fueled entirely by the sun, thanks to its 75-megawatt array of solar panels. Only two families have moved in so far, but students from nearby towns have already filled the first of several planned schools, and the fo...
CRETech March 23, 2018
Companies that began experimenting a few years ago with software programs to automate mundane tasks are reaping tangible benefits now. Hundreds of software robots work alongside human employees at companies such as Ernst & Young and Walmart Inc. where they’re saving employees millions of hours of time. “We’re saving (employees) from repetitive tasks that they tend to enjoy less, and f...