Microsoft unlocks the full potential of the smart building ecosystem

It is impossible to understate the profound impacts the events of 2020 have had on the real estate industry. Buildings of all kinds, from commercial offices to retail, hospitals, manufacturing plants, and more, remain in need of transformative solutions that will enable employees to return to work safely. In times of crisis, it is innovation that transforms challenges into opportunities.

Clear Health Pass App Provides Covid Screenings for Office Workers

The Health Pass app, developed by biometric company Clear, links personal health data to verified IDs in order to screen workers for Covid-19, the New York Post reported. The NHL used the app to test players and employees during its playoffs in Toronto.

CoreLogic Entertaining Suitors, Including CRE Data Giant CoStar

A number of investors, including commercial real estate data giant CoStar Group and a separate consortium of private equity firms, are in talks with CoreLogic to acquire that company in a deal that would value it at $80/share or more, Bloomberg reports. …

WeWork’s New CEO Is Eyeing an IPO Again – After He Turns Profit

WeWork is on track to turn profitable in 2021 and will then revisit plans for an initial public offering, Chief Executive Officer Sandeep Mathrani said, a year after the startup’s IPO fiasco prompted the ouster of his predecessor.

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HqO Wins Prestigious Award in Commercial Real Estate Tech

HqO, the end-to-end operating system for commercial office buildings, is pleased to announce that they are a Seventh Annual Real Estate Tech Awards (#RETAS) winner in the Office category, presented by CREtech (cretech.com), the largest event, data, and content platform in the commercial real estate tech industry….

Artificial Intelligence Is Used To Understand The Geospatial World To Improve Business And Governmental Performance

Recently, there was brief news about Microsoft Flight Simulator and a tower more than 200 stories tall – created by a typo. As funny as that was, it missed the larger picture. Google Earth started a trend that has continued, and the virtualization of the world has proceeded at a rapid pace. It is now to the point where real business benefit is being gained by such work, supporting the application of artificial intelligence (AI) to even more problems….

Delinquent Mall Owners Face Foreclosure

More lenders are starting to deliver a stern new message to delinquent mall owners: time to pay up. During the early months of the pandemic, lenders were willing to allow rent deferrals and offer other concessions to retail property owners. Retail cash flow would return once the initial lockdown period passed, lenders figured….

CoStar plots international push with Emporis buy

Commercial real estate data giant CoStar Group has acquired real estate data company Emporis, a move that will boost its European presence. Germany-based Emporis has data on 700,000 buildings records across 100 countries, CoStar said Tuesday.

Evolving Reddit’s Workforce

Earlier this year, Reddit had to evolve with the unexpected challenge of going 100% remote. Our employees, or Snoos as we’re known, rose to the occasion, adapting our business and the way we work together quickly to help Reddit come out stronger on the other side. Evolve is one of our company values and we have always challenged ourselves to continuously make our culture and work experience better.