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September 15, 2021

Owners Ante In On State Gambling Loophole For New Poker Venue

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It was only weeks after Michael Tucker's favorite restaurant in Duluth shut down that he thought about renting the space himself.

But instead of opening a replacement for the shuttered Tex-Mex restaurant chain Beyond the Border, Tucker opened a room where poker players could compete for prize money — in a state that has a law against casino gaming — and he hopes to open more.

Owners Ante In On State Gambling Loophole For New Poker Venue

Poker Bar & Grill is operating under a loophole in state anti-gambling laws that allow charities to raise money through certain games, such as bingo and raffles. While a handful of operators exist in Georgia that provide poker games where revenues go to charity, organizers say Poker Bar &…

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There's A Generational Divide Over Proptech, And It Could Help You Snag A Better Salary

The money's been invested. It's just that no one is using what it's been spent on. 

There's A Generational Divide Over Proptech, And It Could Help You Snag A Better Salary

The rapid rise in proptech investment, which saw more than $50B in venture capital investment in new startups across 2019 and 2020, gives commercial real estate firms the chance to upgrade technology and upskill their workforce. A generational divide is both holding the sector back, but also creating an opportunity for those…

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As Traditional Office Recovery Falters, Coworking Firms Continue To Bounce Back

 

Rising Covid-19 cases and hospitalizations dashed hopes of a robust return to the office by Labor Day, and the rapid intensification of the disease has seen Houston employers push off a large-scale return, mirroring the actions of national and international firms.

Coworking operators say that uncertainty has benefited their business model. Multiple operators told Bisnow they have seen significant gains in occupancy continue through the summer, with many small-to-midsized firms still choosing flexible office options and shorter leases.

“I think a number of those companies would have just simply gone into traditional long-term space. And the uncertainty is bringing them to us,” Common Desk CEO Nick Clark said.

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Show Me The Money: More Confident CRE Workers Expect New Offers, Higher Wages

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New data from the Federal Reserve shows workers feel confident and expect additional job offers with higher salaries, another data point suggesting firms need to focus time and resources on retention and hiring, with commercial real estate no exception. The positive outlook was a highlight of a Sept. 7 survey released by…

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Origin Stories: The Air Force Taught Trevor Hightower To Do Common Things In Uncommon Ways

Trevor Hightower's career has pivoted a few times, but since that first real estate finance class taken as an officer in the Air Force, he's been hooked on the idea of place. As he moved from working as a financial analyst at an industrial REIT to executive office leasing positions, and later to running a coworking brand in apartment buildings and his current role leading a multifamily experience offering, he centered his career around Winston Churchill's saying that "we shape our buildings; thereafter they shape us."

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