New Report Reveals the Impact of Public Transit on Property Values
A new report from the National Association of Realtors (NAR) and American Public Transportation Association (APTA) found that residential properties within a half mile of […]
Blackstone Group to Buy the Bellagio Hotel for $4.25 Billion
MGM Resorts International on Tuesday announced it will sell its Bellagio Hotel and Casino in Las Vegas to the Blackstone Group, and then lease back […]
Newmark Knight Frank Acquires Workframe, Inc.
Newmark Knight Frank has acquired the innovative workflow solutions provider Workframe, Inc. reported PR News Wire. The Workframe software tool is a workflow solution that […]
SmartRent Receives a Strategic Investment from the Amazon Alexa Fund
SmartRent, a Scottsdale, AZ-based provider of smart home automation for property managers and renters, announced that it received a strategic investment from the Amazon Alexa […]
Oracle to Add Twenty New Data Centers by 2021
Software-giant Oracle Corporation plans to open 20 new data centers by 2021, its cloud chief Don Johnson told Reuters. The new data centers will more […]
Negative Home Equity in the U.S. Increases in 2019
ATTOM Data Solutions’ Q1 2019 U.S. Home Equity & Underwater Report, at the end of the first quarter of 2019, more than 5.2 million U.S. properties […]
Updates from the CRE World: Airbnb, CBRE, CoStar, Keller Williams & WeWork
Airbnb Leaning Towards a Direct Listing Instead of an IPOSan Francisco-based Airbnb is rumoured to be considering a direct listing instead of an initial public […]
IBM Sues Zillow Over Patent Infringement
IBM launched a lawsuit against real estate tech giant Zillow over seven charges of patent infringement related to a host of computer processes that Zillow […]
CBRE: Flexible Office Space Market to Reach 600 Million Square Feet by 2030
A new report by global real estate firm CBRE forecasts rising growth of the flexible office/coworking space market over the next decade. According to CBRE, […]
The Median Home is Worth $229,600 & the Median Rent is $1,595, Says Zillow
According to Zillow’s August Real Estate Market Report, the median U.S. home is now worth $229,600, up 4.9% from last August, the lowest year-over-year change since […]