WeWork, once a $47 billion shared office space giant, has emerged from bankruptcy and is setting a new course for its future. The company exited bankruptcy on Tuesday after reducing its debt and appointed John Santora, a veteran from Cushman […]
Managing multiple locations for restaurants and service-based retailers has become increasingly challenging. With the complexities involved, businesses are actively looking for ways to make lease administration more efficient. Enter Leasecake, a Winter Park, Florida-based PropTech startup on a mission to simplify […]
In February, we delved into Adam Neumann’s aspirations after the former WeWork CEO expressed interest in buying back the real-estate startup he co-founded 14 years ago. Fast forward to now, and Neumann has reportedly made a bold move with a […]
Amidst the current economic challenges facing the real estate market, coupled with an unprecedented transformation sweeping across the industry, property owners and patrons are confronted with the challenges of managing and harnessing their physical spaces to give their customers the […]
At any given time, according to the Mortgage Bankers Association, the size of CRE loans on US properties is $4.5 trillion. Over the next 12 months, over $600B of those loans will become due. Although, historically, only 25% of maturing loans […]
The real estate market is the largest asset class in the United States with investments reaching $43 trillion. The market is expected to grow over the next two decades. Despite the market size, real estate and PropTech startups still struggle to […]
With growing urbanization across Africa, multi-property developments have emerged as the preferred mode of delivering residential and commercial real estate. Of the 2.5 million households in Nigeria that earn more than $1,000 per month, 80 percent live in multi-property communities. […]
At $43 trillion, the real estate market is the largest asset class in the United States, and it’s expected to grow over the next two decades. Despite the market size, the space is dominated by institutional investors and other big players. […]
Wreno, a Scottsdale, Arizona-based proptech startup that aims to connect tradespeople and trade partners with institutional real estate companies, has raised $5 million in seed funding led by Lerer Hippeau with participation from Fifth Wall, Owl Ventures, and NFX, among others. The […]
The commercial real estate market is currently valued at $11 trillion and it’s expected to grow to $40 trillion over the next two decades. Despite the ongoing technology disruptions in other industries, the real estate market is still plagued with antiquated […]
A large majority of American homeowners overpaid on their property taxes but didn’t know it. According to a report from The National Taxpayers Union Foundation, between 30 and 60 percent of taxable property in the United States is over-assessed, and this […]
Technology has been leaving its mark on real estate. From novel land record storage solutions to innovative listing platforms, buyers and sellers can now rely on technical solutions to solve their issues. When speaking of real estate negotiation and related […]
