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August 16, 2023

Novare, Partners Break Ground On Luxury Acworth Apartments
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An Atlanta developer known for its towering urban apartment projects is launching a new luxury residential project 30 miles north of the skyscrapers of Midtown Atlanta. 

Novare, Partners Break Ground On Luxury Acworth Apartments

Novare Group, in a joint venture with Batson-Cook Development Co. and PointOne Holdings, broke ground this month on a mid-rise luxury apartment community at 5950 Highway 92, just off Interstate 575 in

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Crowdfunding Industry Tries To Restore Confidence In Wake Of Nightingale Fraud Allegations

Scandal has rocked the real estate crowdfunding industry over the past month, after Nightingale CEO Elie Schwartz was accused of walking away with tens of millions raised from small-time investors on the CrowdStreet platform. 

It’s a black eye for the industry — which has only existed for about a decade — and it has prompted some of CrowdStreet's competitors to soothe their own customers by reassuring them they are more protected from possible fraud than the hundreds of investors who lost money by investing in Nightingale deals through CrowdStreet.

Crowdfunding Industry Tries To Restore Confidence In Wake Of Nightingale Fraud Allegations

"This has been a challenging few weeks in the online real estate investing realm," RealtyMogul told investors in a letter published on Reddit last month. "While we have no comment on [the Nightingale] incident, we are saddened and concerned whenever investors in our…

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Return-To-Office Mandates Now Cover Nearly 2 Million Workers. Occupancy Has Barely Budged
Return-To-Office Mandates Now Cover Nearly 2 Million Workers. Occupancy Has Barely Budged  

2023 is officially the year of the return-to-office mandate, with 2 million workers already under a new in-person work requirement and another 1 million expected to be in the coming months. 

The jury is still out on whether it will also be the year office workers actually return to their desks in force. The mandates that have taken effect so far, including from some of the country's biggest employers, have had minimal effect on actual office usage, tracking data shows.

“There’s still a disconnect with the way that organizations have sentiment towards return to office and what their expectations are versus what employees are really, actually doing,” CBRE Global Head of Occupier Thought Leadership  Julie Whelan said in an interview last week. Since January, 1.7 million employees have been…

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