AssetAvenue Receives $11 Million in Funding for CRE Lending

AssetAvenue, the Los Angeles-based online commercial real estate lender, recently announced the completion of an $11 million round of Series A funding. The company has reported that the funding will be used for further product development and growth. Having built a reputation for crowdfunding investor funds into commercial real estate loans for borrowers who are not typically able to obtain funding from traditional banks, AssetAvenue takes a rather innovation approach to commercial real estate f…

Meet the New Honest Buildings

Honest Buildings, the preeminent management platform for commercial real estate projects, today unveiled Honest Buildings for Owners, the first-ever online software for building owners and project managers to track and analyze procurement processes throughout their entire portfolios. Honest Buildings for Owners drastically streamlines day-to-day project management activities, and will integrate with Honest Buildings’ existing online real estate marketplace, which has originated nearly $600 milli…

How many Crunch members to cover the rent?

Crunch Fitness has over 100 locations and hundreds of thousands of members. CompStak took a look at four Crunch locations to try to figure out how many Crunch members are required to cover the annual rent. Find out more on the CompStak blog! How many Crunch members to cover the rent? CompStak

What the Internet of Things Means for Commercial Real Estate

In the last few years, the commercial real estate industry has been virtually revolutionized by the introduction of a variety of new technological advances. Now, the next wave of technology known as the Internet of Things is set to change the commercial real estate industry once again. Based on the idea that we will become less reliant on computers over the next several years as products begin to feature built-in technological interfaces, the Internet of Things will eliminate the concept of comp…

The Home Buying Process Becomes Fun and Easy with PreApproveMe App

Transparency in lending is now increased with the release of an app that brings lenders and realtors together to make the pre-approval process in home buying more transparent for everyone involved. Featured on Inman News and included on Housingwire’s Tech100 list PreApproveMe, features a robust array of features that make it easier for lenders to provide pre-approvals. Among those features is a built-in custom DTI calculator that gives agents and buyers the ability to shop for a home with increa…

New Podcast Series Offers Insight into Technology in Commercial Real Estate

Technology has rapidly changed the way that commercial real estate is handled. So much so, that it can sometimes be difficult for commercial real estate professionals to keep up. Now, a new podcast series has been launched to provide CRE executives with insight into how they can up their game when it comes to technology in the commercial real estate sector. Armed with greater knowledge, CRE professionals will be able to make better informed decisions that will lay the foundation for innovating t…

Competition Mounting in Commercial Real Estate Tech Sector

While the commercial real estate industry has not exactly welcomed new technology in the past, that is rapidly changing with the emergence of new tools and apps that are completely changing how CRE transactions are handled. As demand for such products continues to mount, competition in the commercial real estate tech sector has mounted at a rapid rate. Today, more and more professionals have begun to not only appreciate but to even expect the availability of new technology to make their jobs eas…

Work-Life Balance? Myth or Reality?

AMP Set to Release Groundbreaking New Commercial Real Estate App

AMP recently announced the release of a new tool for analyzing and forecasting revenue. With the new tool, users are able to view key business data that will improve users’ ability to take action regarding performance insights. Among the new features made available is an updated user interface along with pipeline capabilities that will improve filtering, sorting, and searching of data. It is also now much easier for users to keep data up-to-date across their entire pipeline between expirations …

Technology to Watch in the Commercial Real Estate Sector

As technology continues to evolve, it is proving to have a tremendous impact on the commercial real estate sector. Opportunities for technological innovation now exist in virtually every corner of the real estate industry and commercial real estate professionals will find that their ability to remain competitive is integrally linked to their ability to leverage the latest technologies. There are now several key areas worth watching in regards to technology in the CRE industry. Mobile Usage Now t…