Doorvest, a real estate investing app, has acquired Wreno, an AI-powered vendor management and project automation platform for institutional-grade property operations. The financial aspects of the deal were not disclosed. The companies announced their combined team...
The Japanese real estate investment firm Gates Group Inc. has partnered with Oasys, a blockchain-based game development platform, to tokenize $75 million worth of Tokyo real estate assets on the Oasys blockchain platform. Following the Tokyo rollout, the new...
Russian nationals are taking a new shine to US real estate, generating a 78.5% year-over-year activity spike in this market. According to The Moscow Times’ analysis of Tranio data, the US ranks ninth among Russian real estate investors seeking global properties,...
Issuance of private-label commercial mortgage-backed securities (CMBS) fell by 41% to $22 billion in the second quarter from $37.55 billion in first-quarter volume. However, new data from Trepp Inc. determined the issuance during the first half of the year totaled...
The Dubai Land Department (DLD) has signed a memorandum of cooperation with the Singapore-based cryptocurrency platform Crypto.com for the creation of a digital investment environment for virtual real estate assets. Under the terms of the agreement, procedures will be...