Former Ten-X Executives Launch Biproxi, A Competing Online Marketplace And Free MLS
October 9, 2018

Former Ten-X Executives Launch Biproxi, A Competing Online Marketplace And Free MLS

Don't miss next week's CRE & UrbanTech Summit: What is blockchain and how is it changing real estate?

Several former Ten-X executives have banded together to launch a competing online marketplace for small-to-midsize deals.

The real estate tech company — Biproxi, launched this week by the founding quartet of CEO Gordon Smith, Chief Operating Officer Carrington Guy, Chief Commercial Officer Yan Khamish and Managing Director Thatcher Milholland — is a subscription-free listing, discovery and transaction platform that uses proprietary tech to verify listings, buyers, sellers and tenants. 

“Three of the four founders were part of the managing team of a very large online marketplace. We have essentially taken what we've learned there to create Biproxi and we're starting with a free commercial real estate listing service, which…

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Luxury Apartments Start Leasing At Sunnyvale's CityLine Project

The Flats at CityLine Sunnyvale, a 198-unit luxury apartment property, has started leasing. The three-building apartment complex is part of the CityLine Sunnyvale mixed-use transit-oriented development from STC Venture in downtown Sunnyvale that started development again in 2016 after stalling…

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Inside The East Coast's Multibillion-Dollar ‘Casino Arms Race'

The most densely populated area of the United States runs along Interstate 95 from Boston through New York to Washington, D.C. While those at the controls of the world's economic and financial engines have been clustered in the Northeast Corridor, places for them to gamble away their copious earnings have been few and far between.  

But in the last few years, casinos have spent billions of dollars in the quest to capture the East Coast gaming dollar, building huge casino resorts in Boston, Philadelphia and Washington, D.C. More are almost certainly on the way as governments have brushed aside the long-held stigma of the moral ills of gambling.  

In the mad dash to build, there haven't been many voices asking "how much is too much?" But experts, and even some casino developers, believe if the region isn't there yet, it will be soon.  

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Colliers Partners With Lithuania-Based Smartlands To Launch Real Estate Tokenization Project

Colliers International has inked a deal with Lithuania-based Smartlands Platform to create a real estate tokenization project based on properties managed by Colliers.

Smartlands is a security token issuance platform using Stellar blockchain, an open source network used to facilitate cross-asset transfers of value. The Smartlands platform creates security tokens backed by real estate, agricultural or other assets. Its partnership with Colliers will focus on…

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The mixed-use structure off Ponce de Leon Avenue in Atlanta's Old Fourth Ward neighborhood is now a massively popular attraction, complete with a robust food hall and prime Class-A office space, apartments and even an amusement park on the roof. Some 10,000 people shop, eat and work at Ponce City Market on a daily basis.

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