7,500 workers are missing from a famous building. A food cart sells 10 hot dogs a day. The virus’s effect on one block could be an omen for the city’s future.
Office Archives | Page 86 of 105 | CREtech
This episode of TEN features Jon Love, CEO of KingSett Capital, a leader in the commercial real estate industry, who took time out from his vacation with his family to talk with us today. In this episode, we will learn about Jon’s journey to his current position at KingSett Capital, with over $13B in assets under management.
Many companies are debating when and how to reopen, and when that happens, what will it look like? One service, Nomad Go’s HealthySpaces, is an AI-based solution that accelerates the safe and trusted reopening of any physical environment including office, hospitality and food service, retail, and education.
Corporate America is downsizing its real estate footprint as companies allow more employees to work from home, a growing threat to the bottom line of owners of traditional office buildings and a sign that companies are looking for ways to cut costs as a result of the coronavirus pandemic.
Real estate around the world continues to evolve. As that happens, a spectrum of flexible space options has taken shape, ranging from on-demand workspaces and coworking memberships to short-term, flexible spaces and traditional space consumed flexibly. Businesses of all sizes need a variety of space options across this spectrum and will choose the right fit for each scenario throughout their portf...
Blackstone Group, the world’s largest commercial landlord, has some sobering news. “Over time people will return to office buildings,” said its president, Jon Gray. But, he added, “there will be less density, there will certainly be a lot less new construction.”
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...
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...
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...
