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Brief

Latest news about commercial real estate technology and innovation

A new report breaks down the ‘commuting zones’ around the U.S. that have had the highest rates of remote workers, providing a more granular look at where remote work has become most prevalent. The research from the Economic Innovation Group reveals that, as of 2021, there were at least 42...
MetaProp’s Mid-Year 2022 Global PropTech Confidence Index just dropped some sobering statistics on investor confidence for the sector. With factors like staggeringly high inflation rates, SPAC collapses, rising interest rates, and a brewing recession all bubbling in the background, investor confidence in PropTech has stooped to its lowest levels on...
Some workers in Southern California who don’t want to return to the office will soon be able to work simultaneously at the office and from home. Flex space operator Industrious is partnering with AvalonBay Communities to establish ground-level co-working offices throughout the multifamily company’s portfolio. The co-working space offering will...
As remote and hybrid work trends have remained sticky since the pandemic’s onset, office markets in major metropolitan areas still struggle to amp up their occupancy levels. In Manhattan, the change in work schedules is impacting more than office building owners, it’s reverberating throughout the entire commercial real estate ecosystem....
Namdar Realty Group is making a contrarian bet on old Manhattan office buildings worth keeping an eye on. The company’s joint venture with Empire Capital Holdings has so far spent about $180 million acquiring two old Manhattan office towers in the past two months. The venture is looking to scoop...
A controversial bill that would impose a transfer tax on any real estate transaction of $2 million or higher in the city of Boston has advanced in the Massachusetts House. The bill was first approved by Boston Mayor Michelle Wu and the Boston City Council in March of this year...
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