Apparently, a lot of people realize at the last minute that they don't have either beer, wine or liquor in their home when they need it. It's certainly the most obvious explanation for a sizable new round of funding into Drizly, a six-year-old, Boston-based on-demand delivery app for alcohol that works with roughly 1,000 brick-and-mortar [...]
The Caisse de depot et placement du Quebec's real estate arm is forming a second investment vehicle for projects in the province's urban centres. Ivanhoe Cambridge is partnering with investment firm Claridge Inc., as well as local developers, to grow its real estate portfolio in Montreal and Quebec City. Read: Ivanhoe Cambridge launches joint venture in Brazilian logistics ...
Richard Socher gets around. He's the founder of MetaMind, an artificial intelligence (AI) startup that raised more than $8 million in venture capital backing from Khosla Ventures and others before being acquired by Salesforce in 2016, and he previously served as adjunct professor at Stanford's computer science department, where he also received his Ph.D. (He earned his bachelor's degree at Leipzig University and his master's at Saarland University.) In 2007, Socher was part of the team that won first place in the semantic robot vision challenge.
Faced with technological disruption, plan sponsors may benefit from taking a shorter-term approach to infrastructure investing and focusing on multiple, smaller-scale projects, says Andrew Claerhout, senior advisor at the Boston Consulting Group Inc. Infrastructure projects of the past were often large, essential service-related assets linked to government. But with the rise of technology and tightening government ...
Byju's confirmed the investment but did not divulge any details. : Think & Learn, which runs India's largest online tutoring platform Byju's, has raised $300 million in fresh funding from South African Internet giant Naspers and CPP Investment Board Private Holdings (CPPIB), a Canadian pension fund, bringing on-board two prolific international investors to supports its growth. The investment follows a $100-million infusion by General Atlantic, a New York-based private equity fund, in September, bringing the total funds raised in the current round to $400 million.
Long horizon institutional investors are keen on taking advantage of appealing underlying fundamentals in select Japanese residential submarkets that have experienced population growth versus rural areas. The housing market in Tokyo has decoupled from the rest of Japan due to attractive demographics and low interest rates. Real estate valuations for Japanese housing in Tokyo is [...]
NEW YORK--(BUSINESS WIRE)--lt;a href="https://twitter.com/hashtag/RETAS?src=hash" target="_blank"gt;#RETASlt;/agt;--VTS Named #1 in CRM for the Commercial Real Estate Industry at the CREtech Real Estate Tech Awards.
Closed-end funds edged back into positive territory in November after a gloomy fall that saw funds take a beating amid the roller coaster ride on Wall Street. A favorite of investors seeking a market edge in its complexity and quirkiness, the $300 billion sector saw its best returns posted by emerging market funds, which were up 3.36%, according to Lipper's FundMarket Insight Report. Overall, equity funds generated returns of 0.67% on the net asset value of their holdings, while fixed-income funds edged up 0.11%, Lipper reports.
Freshwater Group is under contract to pay $12.1 million for the Oleander Park apartment building and units at the Oleander House condominium in Little Havana, Freshwater partner Joseph Sayegh confirmed. The Brooklyn-based real estate investment firm would pay roughly $7.6 million for condo units at the Oleander House at 406 Northwest 22nd Avenue, giving Freshwater control of 42 out of the 52 units. The building features one- and two-bedroom condos that average 860 square feet. ... [more]
The latest unit to close at Zeckendorf Development's 520 Park Avenue sold for $17 million. The anonymous buyer of Unit 14 is listed as "Park and Stone Associates LLC," according to records filed with New York City's Department of Finance. The LLC was incorporated in March, in the care of real estate attorney Pierre Debbas. The asking price for the 14th-floor unit was $18.2 million, according to the offering plan. The full-floor home spans about [...]