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The impact of COVID-19 on the way that we work arguably represents the most drastic and rapid shift to the global workforce that we have seen since World War II. In a matter of weeks, America’s social distancing practices and rapid economic shutdown have pushed large swaths of the workforce out of the office and into the home. In fact, a recent survey estimates that the share of remote workers i...
Politicians, housing advocates and developers used to talk about the value of owning a home. That largely stopped in the years after the housing crash and the Global Financial Crisis, in which millions of people lost homes to foreclosure. Housing advocates now call ...
Buildout, commercial real estate's premier brokerage software company, announced today that they secured a new investing partner in The Riverside Company.
essensys plc, the leading global provider of mission-critical software-as-a-service ("SaaS") platforms and on-demand technology to the flexible workspace industry, announces the launch of Smart Access. In a flexible office portfolio, space access is a common pain point for operators and their members. Administering entry for hundreds, even thousands of end-users, across multiple locations, priva...
Dozens of retailers, some of them the lifeblood of America's shopping malls, have been pushed to the brink and filed for bankruptcy during the coronavirus pandemic. Apparel brands like J.Crew, Brooks Brothers and New York & Co. parent company RTW Retailwinds. Department store chains Neiman Marcus, J.C. Penney and Stage Stores. The health chain GNC. The kitchen supp...
The effects of COVID-19 are far-reaching for all industries, and the commercial real estate sector is no outlier. All asset classes have had to deal with the ebbs and flows of tenant responses to this environment - at the forefront payment defaults, store closures, and lease terminations. Naturally, vacancy and delinquency rates have spiked, putting pressure on owners and operators of commercial s...
Last August, R.J. Pittman hopped on stage at a Las Vegas conference to promote his company. A seasoned tech executive with stints at Apple, Google and eBay, Pittman was less than a year into his role as CEO of Matterport, which develops and sells cameras and software to create 3D digital models of interior space.
LinkedIn will cut about 960 jobs, or around 6% of its workforce, as the Microsoft Corp. MSFT 0.61% -owned professional networking ...