News Archives | Page 543 of 1011 | CREtech

Having begun his career at Eastdil Secured in 1978, CEO Roy March has weathered several economic crises. In this episode of Fly on the Wall, Brendan sits down with Roy to explore what makes this crisis different, and to hear his thoughts on how the real estate industry will adapt to the unprecedented levels of change ahead.

As the COVID-19 lockdown wanes, and companies throughout the United States reopen for business, workers can expect to be watched more closely than ever before — and not by their human bosses. From smartphone apps that administer health checks before workers even leave the house to cameras and Bluetooth radio beacons that track people’s movements throughout the wor...

Greystone has tapped Philip Miller to be managing director in a newly-created role that focuses on developing proptech strategies across its lending platforms. Based in New York, Miller reports to Greystone’s CTO, Jonathan Russell.

 

In the two-plus months of global lockdown, much of the digital debate has focused on the pandemic’s long-term impact on the global workforce. Remote working has suddenly become the norm for millions of people, and companies like Twitter have already confirmed that employees will be able ...

Technology-sector employees are particularly worried about being replaced by automation, including tools used by employers to cope with the impact of the coronavirus pandemic, according to KPMG LLP. An estimated 67% of workers at U.S. technology companies are concerned about losing their jobs to digital capabilities powered by artificial intelligence, machine learning and robotic software, KPMG sa...

Before the coronavirus stormed workplaces worldwide, the office sector had hummed along relatively unchanged for much of the past several decades.  Before the pandemic, about 10% of workers able to work remotely did so full time, and an additional 20% did so some of the time, according to Gartner. Now, chief financial officers the company surveyed indicate 19% of workers will go remote full time ...

Many decisions in commercial real estate are based on market knowledge and historical analysis, but what happens when an unprecedented event takes place? While the full impact of COVID-19 is still unfolding, the CRE industry is thinking about how to plan and move forward when there is no historical precedent to leverage for strategic decision making.

When cases of COVID-19 started popping up rapidly in March, a number of U.S. employers were quick to pull the trigger on remote work. In the weeks that followed, a large percentage of companies followed suit. Fast forward about two months later, and many workers have gotten into the remote work groove.

Shopping, eating out and other consumer-spending categories are in free fall. But people in premium apartments are still paying their rent, the country’s largest publicly traded landlords were eager to report this month. The seven largest real-estate investment trusts that specialize in mostly high-end apartments each collected at least 94% of their total rent payments in April, according to rec...