News

13
Sep

Salesforce offers to relocate employees and their families after Texas abortion law goes into effect

Companies such Salesforce, Bumble, Lyft and Uber react to the Texas Senate Bill 8. The effect is widespread as employers try to do what’s right by their female employees and families. Read more about the actions these companies are taking. https://www.cnbc.com/2021/09/10/salesforce-offers-to-relocate-employees-from-texas-after-abortion-bill.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard  
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30
Aug

$2.3 billion GreenCity arena-anchored mixed-use development is in the works in Virginia

Henrico County, Virginia is going green as a new proposed “ecodistrict” is in the works. The proposed new GreenCity development plans to have a total of more than 2,000 residential units, 1.85 million square feet of office space, a 17,000-seat sports and concert arena and two full-service hotels. The project also would have a 40-acre...
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24
Aug

More than 250 companies circling Austin area

We’ve only seen the beginning of the headquarters relocation in Austin, Texas. The Austin Chamber of Commerce says hundreds of business are planning to move to Austin and it’s surrounding areas in industries such as software and information technology, manufacturing and distribution, automotive, clean technology and finance and insurance. Click below to learn more about...
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17
Aug

Housing boom is over as new home sales fall to pandemic low

According to the U.S. Census Bureau, newly built homes have surprisingly dropped to the lowest price we’ve seen since April of the pandemic. Analysts were expecting new home sales to increase by 3.4% in the month of June, and are looking into why factors could be responsible for this new low.       https://www.cnbc.com/2021/07/26/housing-boom-is-over-as-new-home-sales-fall-to-pandemic-low.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard...
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09
Aug

Latest Working From Home Trends Pose No Threat to Offices

New York’s Vornado Realty Trust is optimistic about a commercial real estate rebound. “I don’t believe one or two days of working from home will be a negative” to office demand, Vornado CEO Steven Roth said Tuesday, discussing the real estate investment trust’s second-quarter results. “I do not believe office will be threatened by the...
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02
Aug

Commercial real estate investing: What you need to know

The commercial real-estate market is changing. The pandemic has upended the landscape as retail and office spaces became vacant nearly overnight. New investors are being scared away from new investments and investors are looking toward the future of what the industry holds. But there is hope in every situation. Read 17 key takeaways for the...
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23
Feb

Bloomberg Special Report: The Real Estate Reckoning

Commercial Real Estate is facing a moment of reckoning. Watch the latest Bloomberg Report on how the industry got here and where it’s headed.
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12
Feb

Elon Musk predicts Austin, Texas, will be ‘the biggest boomtown that America has seen in 50 years’

The CEO said Tesla chose Austin as the spot for the carmaker’s next US plant because “Austin is a bit like mini California.” According to Musk, he asked Tesla’s team in California what its top choice would be for a new factory — where it would like to spend time — and the “No. 1...
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09
Feb

The Pleasure of Pursuit

In 2011, Zoho Corp, a software product company headquartered in Chennai, opened an office in Tenkasi, Tamil Nadu, hoping to train and employ local youth. Last year, Sridhar Vembu, founder and CEO of Zoho, moved from his ranch in Pleasanton, California, to a village in Tenkasi. Vembu spent the lockdown practising what he preaches—grassroots capitalism....
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