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Archive for the ‘Real Estate Articles’ Category

In a race against Travis Kalanick, Kitchen United aims to **** with kindness; here’s its playbook

Cloud kitchens, ghost kitchens, dark kitchens. No doubt by now you know a little about these businesses that are moving into underused or more affordable properties that can be turned into shared workspaces for the purposes of cooking up meals exclusively for delivery. You probably also know that former Uber CEO Travis Kalanick has been ...

For sale: Decommissioned underground missile complex in Arizona

This decommissioned underground missile complex near Tucson, Arizona can be yours for just $400,000. The property sits on (under) 12 acres of land. A true fixer-upper, this unique piece of real estate would make an excellent starter lair for a supervillain family. Titan II missile not included. Here is the listing on Zillow.

Indonesia’s Travelio raises $18M to help tenants rent apartments

More than 50% of residential apartments and other real estate properties in Jakarta are currently vacant, according to official estimates. A startup that is attempting to make it easier for tenants to rent these properties in Jakarta and other places in Indonesia said on Thursday that it has closed a new financing round. Travelio has ...

Airbnb to ban ‘party houses’ in wake of Halloween shooting that left 5 dead

Airbnb CEO Brian Chesky said Saturday the company will ban “party houses” and take other steps to safeguard hosts and guests after five people died at a Halloween party hosted at California home that was rented on the service. Chesky made the announcement via a series of tweets Saturday. “What happened on Thursday night in ...

Los Angeles-based BuildOps, subcontracting software for real estate, raises $5.8 million

Software development companies tackling services for niche industries, like commercial real estate subcontracting, continue to find Los Angeles to be fertile ground for development. The latest company to raise funding from a clutch of investors is BuildOps, which raised $5.8 million in seed financing from some big names in the Los Angeles tech ecosystem. Led ...

Sidewalk Labs (Alphabet’s grand experiment in smart cities) will move forward with Toronto project

In the two years since Sidewalk Labs pitched its vision for a grand smart city development — encompassing an entire neighborhood on the Toronto waterfront — the project has been beset by controversy and criticism. On one hand, the 12-acre project in Toronto’s Quayside district promised to be a proving ground for the latest thinking ...

Building that looks like a basket to become luxury hotel

This is the former Newark, Ohio headquarters of The Longaberger Company, a basket manufacturer that went under last year. This week, the developers who bought the property announced that it will become a luxury hotel. According to WCPO, "project officials say the exterior look of a basket will remain intact." Well duh.

From Wikipedia:

The ...

SoftBank reportedly ends WeWork ownership debacle with a potential $1.7 billion windfall for Adam Neumann

After erasing more than $30 billion in projected shareholder value, Adam Neumann could walk away from the We Company with a windfall of as much as $1.7 billion, according to a report in The Wall Street Journal. This is how the company will end, not with the pop of a successful public offering, but with ...

**** bunker in Germany to become “design and lifestyle” hotel

A developer plans to transform the massive ****-era St. Pauli air raid bunker in Hamburg, Germany into a "design and lifestyle hotel," as described by a spokesperson for the Spanish hotel chain NS Hotel Group designing the property. The structure is currently used as a concert venue and art/music studio space. According to the spokesperson, ...