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ResearchMoz newly added a research report on the Construction Loan Management Software Market, which represents a study for the period from
Listings With the M&A market for listings services heating up, eyeballs are worth a lot more than they used to be. CoStar bought national search portal Homesnap for $250 million in November, pitting the CRE data giant against Zillow, Realtor.com and others in the residential game. CoStar also tried to buy CoreLogic and RentPath these past few months but failed in part due to scrutiny from the Federal Trade Commission. But CoStar’s loss was Redfin’s gain: The real estate brokerage nabbed RentPath for $608 million in cash in April, expanding its presence in the rental market and bringing ...
Total funding: $23.2 million What it does: Uses artificial intelligence to allow owners of commercial real estate to see under the hood of their property insurance in order to make changes that reduce their premiums. Why it's hot: Cofounder Hemant Shah is the longtime CEO of Risk Management Solutions, the largest risk-analytics company. The idea behind Archipelago is to allow owners of commercial real estate to see how their insurance risk is calculated. That gives them concrete information they can use to make decisions to lower their risk and, as a result, their premiums. The data that Ar...
Built Launches Advanced Construction Billing Capabilities, Giving Contractors and Home Builders Greater Visibility Into Every Stage of the Invoicing Process February 09, 2021 09:00 ET | Source: Built Technologies Built Technologies Nashville, Tennessee, UNITED STATES NASHVILLE, Tenn., Feb. 09, 2021 (GLOBE NEWSWIRE) -- Built, the leader in construction finance and lending software, announces a major update to its construction financial management platform. The enhancements, which are available now, significantly improve the process by which contrac...
Why rental arbitrage doesn’t work: Knotel vs. Industrious Knotel, once gleeful over WeWork’s downfall, succumbed to the pressure of rental arbitrage last week by (finally) filing for bankruptcy. In recent months, the startup led by CEO Amol Sarva faced mounting lawsuits alleging it stopped paying rent. In a Chapter 11 filing, the flex-office provider listed assets and liabilities between $1 billion to $10 billion. The bankruptcy filing includes $20 million in financing to aid with Knotel’s sale to Newmark Group — a deal that implies there’s a future for flex-office, just not as Knot...