JLL Layoffs Hit Capital Markets Group
The Real Deal
JLL laid off roughly three dozen people in its New York City office — the first such cuts at any of the big commercial services firms during the pandemic. The Chicago-based firm made the…
Latest Trends and Insights in Real Estate Technology
Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
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Workplace Re-entry Planning, Using Cloud-Based Technology
Saltmine
Corporate real estate teams have dedicated the last few weeks to answering the question “how do we bring teams back to work”? It’s no easy feat. It requires planning through multiple scenarios and making sense of complex data. Teams are responsible for quickly developing data-driven solutions for phased re-entry that align with new physical distancing requirements. Cloud-based planning technology can help…
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Researchers Predict Uptick For Private Office Spaces, Falloff In Coworking After COVID-19
GlobeSt
Tenants will seek more private workspaces and fewer coworking options as health and safety concerns are amplified in the wake of the COVID-19 pandemic, according to commercial real estate researchers.
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As Restaurants Remain Shuttered, American Cities Fear the Future
The New York Times
The change in Botanical Heights started with a single restaurant. Before Olio, a Mediterranean-influenced spot fashioned from a boarded-up old gas station, opened in 2012, its St. Louis neighborhood was known mostly as a place to buy illegal drugs. Nearly three-quarters of the lots on some streets were abandoned or demolished, said Brent Crittenden, the chief executive of UIC, the design and redevelopment firm that built Olio and several other restaurants in the neighborhood. By his count,…
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Google says that the majority of its employees will work from home until 2021
The Verge
Google has extended its work-from-home policy for the remainder of 2020. After previously telling employees that they would be working remotely until June 1st, CEO Sundar Pichai has told employees that they’ll likely work from home until the end of the year, via The Information.
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Wall Street Bets Virus Meltdown Gives Landlords a Chance to Grow
Wall Street Journal
Wall Street’s wager on high-earning suburban renters is paying off, and it is raising its stakes. Investors are flocking to America’s mega landlords, drawn by signs the companies that emerged from last decade’s foreclosure crisis owning huge pools of rental houses are weathering the economic shutdown far better than feared.
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WEBINAR: Managing Real Estate Finances From Home presented by Rabbet
Rabbet
How are real estate professionals managing project finances during COVID-19? Tune in to our webinar on Wednesday May 13th from 12-1pm CT to hear a panel of real estate technology experts from Rabbet, Juniper Square, StructionSite, and Camber Creek weigh in on the challenges and best practices.
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Brokerages Use Tech to Successfully Navigate Remote Work
GlobeSt
When Harris County’s stay-at-home order took hold, many businesses were left scrambling to put systems into place. But some like NAI Partners are successfully navigating the headwinds of the COVID-19 pandemic. The firm had been notably ahead of the curve in its previous use of technology to continue supporting clients.
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Reopening the Coronavirus-Era Office
Wall Street Journal
Welcome back to work. The corporate cafeteria is closed. The coffee makers are unplugged. And the desks are separated by plastic. Every part of office life is being re-examined in the era of Covid-19. When employees file back into American workplaces—some wearing masks—many will find the office transformed, human-resources and real-estate executives say.
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Apartment Renting Turns to Virtual Tours, Video Chats
Wall Street Journal
Renting an apartment in New York City is never easy. Since the coronavirus lockdown, many New Yorkers looking for a new home are grappling with a new challenge: signing leases for apartment units they can’t see in person.
