CBRE: Tech Accounted for 21 Percent of Office Leasing Activity in 1H 2019
According to CBRE’s annual Tech-30 Report, tech companies accounted for 21 percent of major office-leasing activity in the first half of this year, up from 11% […]
U.S. Office Market Continues Growth Pattern Amid Concerns About the Future
Driven by a decade of consistent economic growth, major U.S. metro areas added 682 million square feet of office space between 2008 and 2018, according […]
New “i-Renting” Startup Guarantees Rental Income for Single Family Rentals
Doorstead, a new property management company co-founded by an Uber vet, joins other startups in offering guaranteed rent to landlords. According to Tech Crunch, the […]
African American Families Could Afford Just 25 Percent of Homes for Sale
Just 25 percent of homes for sale in 2018 were affordable to the median African American household, down from 39 percent in 2012, according to […]
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 […]