Manifest Density: Sponsored by Microshare

The affects of COVID-19 pandemic extend far beyond public health. Manifest Density explores the fuller implications of COVID-19 for global business and the people who are its most valuable assets. Host Michael Moran, a well-known geostrategist, author and documentarian, speaks with some of the world’s leading authorities on pandemics, on the changing relationship between workers, tenants and landlords in commercial real estate, on the impact of the pandemic on urban centers and even how CO…

SPAC Jaws Hurricane Acquisition, led by Starwood’s Barry Sternlicht, files for a $250 million IPO

Jaws Hurricane Acquisition, a sixth blank check company led by Starwood Capital founder Barry Sternlicht, filed on Thursday with the SEC to raise up to $250 million in an initial public offering. The Miami Beach, FL-based company plans to raise $250 million by offering 25 million units at $10. Each unit consists of one share of common stock and one-fourth of a warrant, exercisable at $11.50. At the proposed deal size, Jaws Hurricane Acquisition would command a market value of $313 million.

Pay Cuts, Taxes, Child Care: What Another Year of Remote Work Will Look Like

Companies are anticipating another largely remote work year, and new questions about compensation and benefits are weighing on managers. Discussions about the future of work, such as whether to reduce the salaries of employees who have left high-cost cities, are priority items in board meetings and senior executive sessions across industries, according to chief executives, board members and corporate advisers….

Airbnb’s losses balloon to $4.6B in 2020

Despite the luster of its eye-popping IPO, Airbnb reported a $4.6 billion net loss in 2020 in its first earnings report as a public company. The hospitality startup, which is banking on a travel rebound, generated $3.4 billion in revenue last year, a 30 percent year-over-year decline.

CoStar revenue soars 19% after year of acquisitions

CoStar Group’s revenue soared to $1.66 billion in 2020, as the pandemic pushed more people to shop for real estate online, the company reported Tuesday. While earnings rose 19 percent, the real estate data giant’s profits sunk thanks to the coronavirus closures in the spring.

Looming EU green finance regulation: Implications for commercial and corporate real estate

On March 10, the most sweeping regulation of green finance and sustainability practice ever promulgated the European Union will take effect, raising burdensome new demands on asset managers, ETFs, mutual funds and other financial players, with important implications for owners and operators of large real estate portfolios. In an echo of its precedent setting 2018 data privacy regulation, which forced global corporates to comply even if they were domiciled outside the EU, the upcoming Sustainable…

BlueSuit Launches ExtractAPI to Unlock Information in Real Estate Transaction Documents

The platform helps the real estate industry retrieve data from important transaction documents, including rent rolls, property offering memorandums, title documents and purchase and sale agreements across 1000’s of formats.  Real estate professionals will be able to integrate this information directly into their workflow and datasets, using BlueSuit’s ExtractAPI™. DENVER CO – BlueSuit announces the public launch of its ExtractAPI™ platform.  This cloud-based service empowers real estate profes…

Booking rooms is just the tip of the iceberg. Bring your flexible workspaces to life. 

Flex is about more than just space-on-demand—it’s about community, experience, and making the workplace a place to be. Lane makes it easy to manage your perks, events, amenities, and just about every other touchpoint you can think of.

Rogers expands 5G service across Canada

Lime unveils new ebike as part of $50 million investment to expand to more 25 cities

Lime said Monday it has allocated $50 million toward its bike-share operation, an investment that has been used to develop a new e-bike and will fund its expansion this year to another 25 cities in North America, Europe, Australia and New Zealand.