CRE

Dottid Raises $3.85 Million in Seed Funding Round to Disrupt Commercial Real Estate Industry

Retrieved on: 
Monday, January 13, 2020

DALLAS, Jan. 13, 2020 /PRNewswire/ -- Dottid, a commercial real estate (CRE) SaaS technology platform which provides a single location for owners, brokers, and tenants to seamlessly transact throughout the leasing process, announced it has raised $3.85 million in a seed round of funding.

Key Points: 
  • DALLAS, Jan. 13, 2020 /PRNewswire/ -- Dottid, a commercial real estate (CRE) SaaS technology platform which provides a single location for owners, brokers, and tenants to seamlessly transact throughout the leasing process, announced it has raised $3.85 million in a seed round of funding.
  • In 2016, Dottid Founder and CEO Kyle Waldrep turned down a job as a leasing agent after recognizing the antiquated nature of the CRE industry.
  • "I am grateful for the support and investment we've received from some of the true titans of the real estate industry," Waldrep said.
  • "The CRE industry is valued at $1.5 trillion in the United States alone, and Dottid is the answer to what real estate owners have needed for many years.

The Counselors of Real Estate Announces 2020 Leadership Team

Retrieved on: 
Thursday, November 21, 2019

CHICAGO, Nov. 21, 2019 /PRNewswire-PRWeb/ -- The Counselors of Real Estate, the global professional association for prominent commercial real estate advisors, has announced its 2020 leadership team.

Key Points: 
  • CHICAGO, Nov. 21, 2019 /PRNewswire-PRWeb/ -- The Counselors of Real Estate, the global professional association for prominent commercial real estate advisors, has announced its 2020 leadership team.
  • Michel Couillard, CRE, FRICS, president and CEO of Busac Real Estate in Montreal, Quebec, was elected the 2020 chair of The Counselors of Real Estate board of directors.
  • Marilee A. Utter, CRE, FRICS, is the 2020 first vice chair of The Counselors of Real Estate.
  • The Counselors of Real Estate is an international organization of commercial property professionals from leading real estate, financial, law, valuation, and business advisory firms, as well as real property experts in academia and government.

Hugh F. Kelly, Ph.D., CRE Honored with 2019 Landauer/White Award

Retrieved on: 
Tuesday, November 19, 2019

NEW YORK, Nov. 19, 2019 /PRNewswire-PRWeb/ --The Fordham Real Estate Institute (REI) is pleased to announce that special advisor and curriculum chair Hugh F. Kelly, Ph.D., CRE, has been named the 2019 Laundauer/White Award Recipient by The Counselors of Real Estate.

Key Points: 
  • NEW YORK, Nov. 19, 2019 /PRNewswire-PRWeb/ --The Fordham Real Estate Institute (REI) is pleased to announce that special advisor and curriculum chair Hugh F. Kelly, Ph.D., CRE, has been named the 2019 Laundauer/White Award Recipient by The Counselors of Real Estate.
  • The award, the highest honor conferred by The Counselors of Real Estate, was bestowed upon Kelly at the organization's Annual Conference in Nashville earlier this month.
  • In addition, he heads his own consulting practice, Hugh F. Kelly Real Estate Economics.
  • The award was established in 1986 as a memorial to honor CRE James Landauer for his instrumental role in establishing The Counselors of Real Estate.

Altus Group Opens Up CRE Ecosystem with ARGUS API Enabling Better Data Usability and More Connected Workflows

Retrieved on: 
Thursday, November 7, 2019

As the global CRE industry continues to be challenged with disparate systems and disjointed workflows resulting in data complexities, ARGUS API provides greater access to and integration of CRE data between ARGUS solutions and a variety of client data sets, sources and applications.

Key Points: 
  • As the global CRE industry continues to be challenged with disparate systems and disjointed workflows resulting in data complexities, ARGUS API provides greater access to and integration of CRE data between ARGUS solutions and a variety of client data sets, sources and applications.
  • It puts customer data to better use by enabling a more seamless flow of data and paving the way to more easily connect industry applications and streamline real estate workflows.
  • ARGUS API connects through ARGUS Cloud, a CRE asset and investment management platform that leverages functionality and data from industry-leading ARGUS solutions, including ARGUS Enterprise (AE).
  • Altus Group Limited is a leading provider of software, data solutions and independent advisory services to the global commercial real estate industry.

Cushman & Wakefield’s New Report Shows Real Estate Leaders Continue to See Value in Coworking

Retrieved on: 
Wednesday, October 30, 2019

Cushman & Wakefield (NYSE: CWK), a leading real estate services firm, has released a report that reveals corporate perceptions of the value of flexible workspace and coworking strategies.

Key Points: 
  • Cushman & Wakefield (NYSE: CWK), a leading real estate services firm, has released a report that reveals corporate perceptions of the value of flexible workspace and coworking strategies.
  • Cushman & Wakefield partnered with CoreNet Global, a worldwide association of corporate real estate executives, to survey more than 550 key commercial real estate (CRE) executives at organizations around the world.
  • Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners.
  • Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries.

Healtor Secures Stacked Real Estate Board

Retrieved on: 
Wednesday, October 16, 2019

Introducing: Healtor and its prestigious Commercial Real Estate (CRE) Advisory Board.

Key Points: 
  • Introducing: Healtor and its prestigious Commercial Real Estate (CRE) Advisory Board.
  • The impressive Advisory Board roster includes Chris Bodnar, Vice Chairman and Co-Head of Healthcare Capital Markets (HCM) at CBRE; Andrew Dick, Esq.
  • "We have assembled the brightest minds in all of medical commercial real estate to solve a major issue that impacts tens of thousands of providers and millions of patients each year," says Founder & CEO Kirat Kharode.
  • The Healtor team is honored to host such an upstanding and experienced CRE Advisory Board, and excited to utilize their expertise in guiding the company forward and upward.

CREXi Advances Online CRE Auction Business with Exclusive Assignment

Retrieved on: 
Thursday, September 26, 2019

LAS VEGAS METRO, Nev., Sept. 26, 2019 /PRNewswire/ -- CREXi , the world's fastest growing Commercial Real Estate (CRE) technology platform, has been retained by Clark County, Nevada to auction 17 different properties.

Key Points: 
  • LAS VEGAS METRO, Nev., Sept. 26, 2019 /PRNewswire/ -- CREXi , the world's fastest growing Commercial Real Estate (CRE) technology platform, has been retained by Clark County, Nevada to auction 17 different properties.
  • The 17 strategically located infill offerings will be sold via-online auction event held on the CREXi web site starting on November 5th and ending November 7th.
  • "We're thrilled to expand our online auction business with this latest offering conducted on behalf of Clark County.
  • Commercial Real Estate Exchange, Inc. (CREXi) is one of the commercial real estate industry's fastest growing marketplace and technology platform dedicated to supporting the CRE industry and its stakeholders.

Commercial Real Estate Market Bounces Back In Q2 2019 After First Quarter Slowdown

Retrieved on: 
Thursday, September 19, 2019

IRVINE, Calif. and SILICON VALLEY, Calif., Sept.19, 2019 /PRNewswire/ -- Ten-X Commercial , the nation's leading transaction platform powering 90% of all online commercial real estate sales, today released its Summer Commercial Real Estate Volume & Pricing Trends report.

Key Points: 
  • IRVINE, Calif. and SILICON VALLEY, Calif., Sept.19, 2019 /PRNewswire/ -- Ten-X Commercial , the nation's leading transaction platform powering 90% of all online commercial real estate sales, today released its Summer Commercial Real Estate Volume & Pricing Trends report.
  • The analysis, which included data from the first two quarters of 2019, found that while Q1 2019 experienced a slowdown in deals, there was recovery in Q2.
  • "A slowdown in the previously thriving M&A market prompted cooling in total Q1 2019 CRE transaction volume," said Ten-X Chief Economist Peter Muoio.
  • Ten-X Commercial is the leading end-to-end transaction platform for commercial real estate, powering more than 90% of all online CRE sales.

Who will be the CRE Winners and Losers in 2020 - Ranking Property Type and Regions by CMBS Expected Loss Percentages

Retrieved on: 
Friday, September 6, 2019

With so much uncertainty gripping the global economy, there is no better time than the present to check-in on the health of the CRE market.

Key Points: 
  • With so much uncertainty gripping the global economy, there is no better time than the present to check-in on the health of the CRE market.
  • "It's clear that in recent history, loans belonging to different property types have performed quite differently from one another," said Dylan Wall, Trepp Research Analyst.
  • The portfolio used in this study includes all non-delinquent, single property loans from public conduit CMBS deals with an origination date after 2000.
  • For additional details, download Trepp's complete CRE Research Report: Ranking Property Type and Regions by CMBS Expected Loss Percentages: https://info.trepp.com/ranking-property-type-and-regions-by-cmbs-expecte... .

VTS Named #1 in Data for the Commercial Real Estate Industry at the CREtech Real Estate Awards

Retrieved on: 
Thursday, September 5, 2019

We are incredibly honored to have been recognized by CREtech as #1 in data for commercial real estate, said Nick Romito , CEO and co-founder of VTS.

Key Points: 
  • We are incredibly honored to have been recognized by CREtech as #1 in data for commercial real estate, said Nick Romito , CEO and co-founder of VTS.
  • This recognition is a true validator of how our real-time data enables VTS users to draw critical insights, revolutionizing a historically tech-laggard industry.
  • Sponsored by JLL Spark , the Real Estate Tech Awards (#RETAS) are the leading international award honoring excellence in CRE tech.
  • CREtech is owned and operated by The News Funnel, the leading content, connectivity and event platform devoted to the commercial real estate industry.