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Healthy, Wealthy, and Wise

Multifamily Executive
8/1/2021

Heated saltwater swimming pools. Craft beer and cocktail bars. Pilates and wine tasting. There’s a lot more to today’s senior housing communities than the drab and dreary independent living and 55-plus properties of the past. Fortified by a lifetime of housing experiences and bolstered by decades of income and retirement savings, baby boomers remain renters of choice, and, as they consider senior living options, they’re revealing themselves as discerning rental customers with a housing budget to…

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Digital twins predicted to bring major cost-savings for urban planners

Smart Cities World
8/1/2021

ABI Research reckons digital twins will become the ultimate tool for city governments to design, plan and manage their connected infrastructure and achieve cost-savings of $280bn by 2030.

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5. 1 robostore thing: Trying out Amazon’s palm scanner

Axios
8/1/2021

Amazon’s biometric palm reader is making its way into the company’s Whole Foods and cashierless Go stores — and Axios editor-in-chief Nick Johnston, lover of all things automated, had to try it out on a visit to a Go store in New York, Bryan writes.

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NOW LIVE: Redefining ROI, Part 2

CREtech+
8/1/2021

Mark Zikra, SVP of Technology & Innovation at CA Ventures, reveals his company’s process to research and implement CCTV and access controls across their asset portfolio.

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Invitation Homes eyes expansion with PulteGroup partnership

The Real Deal
8/1/2021

The nation’s largest single-family rental player is expanding. Invitation Homes will buy 7,500 new homes over the next five years from PulteGroup, the third-largest homebuilder in the U.S., in a bid to capture explosive demand from renters seeking more space.

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Western Drought Has Developers Planning Ahead, And Low-Hanging Low-Flow Fruit Is Already Picked

Bisnow
8/1/2021

In 2015, during California’s last years-long drought, then-Gov. Jerry Brown mandated that Californians cut back water use by 25%. The effort more or less worked, resulting in residents reducing their water use by 24.5%, but it had lasting effects. Water use today is 16% lower than it was in 2013….

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Physical stores go hybrid with micro-fulfillment centers

Axios
8/1/2021

Retail stores of all sizes are turning part of their real estate footprint into logistics and fulfillment centers as they try to blend in-store shopping with e-commerce offerings.

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Join Blackstone and CBRE in the “Roof to Socket” Revolution with Altus Power

Yahoo! Finance
8/1/2021

Solar power is no longer an environmentalist’s fantasy but can be an investor’s dream. It is cheap, reliable, and often generated just feet away from the end user. Imagine a business at the forefront of the solar revolution backed by two of the world’s most powerful real estate players – The Blackstone Group, Inc. and CBRE Group, Inc. – to drive growth forward.

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For UDR, Removing Friction from Leasing Process Has Operation Margins Soaring

GlobeSt
8/1/2021

There was a time when UDR employed a full team of leasing professionals on a busy Saturday afternoon to handle a few dozen renter prospect tours for a single multifamily community.

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EXCLUSIVE: Transcend Sells Brokerage Arm To SquareFoot

Bisnow
7/29/2021

SquareFoot has acquired Transcend Commercial Real Estate Brokerage’s commercial real estate brokerage arm for an undisclosed sum in a deal that closed last week, Bisnow has learned. The purchase gives SquareFoot a beachhead to expand farther into the Southeast after raising $16M in Series B funding more than a year ago. “When he showed [SquareFoot’s software platform] to me and I got to play around with it, it just blew me away,” Braswell said. “It’s the superior platform to anything that I’v…

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