$100M donation will fund building of Kalamazoo profession tech middle

$100M donation will fund construction of Kalamazoo career tech center

KALAMAZOO, Mich, (WOOD) — A new career technical education center is coming to the Kalamazoo area thanks to a $100 million gift and a donated plot of land. The center comes by way of a partnership between Southwest Michigan First and Kalamazoo Regional Educational Service Agency. KRESA is an intermediate school district that provides a … Read more

Tech Earnings Begin Quickly. Anticipate A lot of Scarcity Discuss.

Tech Earnings Start Soon. Expect Lots of Shortage Talk.

Text size Wall Street estimates for Apple could come down by the time the company reports earnings on Oct. 28. But any selloff in the stock is likely to be a buying opportunity. Jeenah Moon/Bloomberg The fall tech earnings season is upon us, and this time, the story is all about the sum of the … Read more

Tech Moguls Again GoodLeap’s Inexperienced Housing Push With $12 Billion Valuation

Tech Moguls Back GoodLeap’s Green Housing Push With $12 Billion Valuation

Americans are going to need at least $450 billion to turn their homes green in coming years, says entrepreneur Hayes Barnard, and he wants to get it to them. Mr. Barnard, a former top executive at SolarCity Corp., raised more than $1 billion in the past 10 months from tech investing luminaries like Michael Dell … Read more

Lawrence Tech and Companions Launching Building Security Analysis Heart

construction cranes over a city skyline

Lawrence Technological University is launching a Construction Safety Research Center on the Southfield campus. // Courtesy of Lawrence Tech Lawrence Technological University and a group of industry partners are launching a Construction Safety Research Center on the Southfield campus to make construction workplaces safer across Michigan and the nation. Industry partners in the endeavor include … Read more

Development Tech’s Greatest Threats and Alternatives

Construction Tech's Biggest Threats and Opportunities

From left: Social Construct’s co-founders Michael Yarne and Ben Huh; Katerra’s founders Jim Davidson, Fritz Wolff, and Michael Marks Success in the rapidly expanding field of construction technology appears to hinge on dreaming big. Just not too big. For Social Construct, a San Francisco-based startup attempting to revolutionize how multifamily buildings are planned and built, … Read more

Blackstone Promoting Vegas On line casino, Agency’s Most Worthwhile Property Deal

Blackstone Selling Vegas Casino, Firm’s Most Profitable Property Deal

Blackstone Inc. has reached an agreement to sell the Cosmopolitan casino and hotel on the Las Vegas Strip for $5.65 billion, the company said on Monday, and told investors in a private letter that the sale is the company’s most profitable of a single asset ever. Blackstone acquired the two-tower property for about $1.8 billion … Read more

Large Tech Firms Amass Property Holdings Throughout Covid-19 Pandemic

Big Tech Companies Amass Property Holdings During Covid-19 Pandemic

The biggest U.S. companies are sitting on record piles of cash. They are getting paid next to nothing for holding it, and they are running out of ways to spend it. So they are buying a lot of commercial real estate. Google’s announcement last week that it would purchase a Manhattan office building for $2.1 … Read more

How the dean of valuation costs loss-making tech shares — and his views on Amazon, Netflix and Airbnb

How the dean of valuation prices loss-making tech stocks — and his views on Amazon, Netflix and Airbnb

It feels like almost every new company, particularly in the technology space, that is coming to market is loss making. “Most of the old-time metrics we use, price-to-earnings, price to book, EV to EBITDA, were designed for mature companies,” says Aswath Damodaran, the professor of finance at New York University’s Stern School of Business who’s … Read more

New Research Reveals Affect of Pandemic, New Tech and Firm Dimension on Building Security Administration

New Study Reveals Influence of Pandemic, New Tech and Company Size on Construction Safety Management

The fifth SmartMarket Report on construction reveals how safety management is evolving to respond to the current era while still demonstrating the business value of investing in safety. HAMILTON, N.J., September 21, 2021–(BUSINESS WIRE)–COVID-19 and new technologies are creating significant changes in how contractors manage safety, according to a new study from Dodge Data & … Read more

Israeli AI Building Tech Agency Versatile Raises $80M

versatile

Versatile, an Israeli-founded construction technology firm using AI and IoT to optimize construction processes, announced on Tuesday it has raised $80 million in a Series B funding round. Insight Partners led the round, joined by US investment firm Tiger Global. Series B was joined by Versatile’s existing investors Robert Bosch Venture Capital GmbH, Entrée Capital, … Read more