Portland Would Be A Long Shot For The New Amazon HQ. Or Would It?
Prosper Portland's Shawn Uhlman said what the region has to offer makes a compelling case for Amazon HQ2.
"For the standpoint of the deep talent pool, Portland has a flourishing tech scene, which has strong connections to the local university…
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SoCal Investor Enters Portland Market With Beaverton Business Park Purchase
Vista Investment Group and Acre Valley Real Estate Capital acquired the 171K SF Nimbus Oaks flex/business park in Beaverton. The deal marks the Santa Monica, California-based Vista's entry into the Portland real estate market.
Built in the mid-1980s in part for Nike,…
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5 Ways The Workplace Will Change Forever And How To Survive
How the rise of the nomadic creative class will transform where, when and how we work. Physical offices have always defined the working experience. But with the rise of mobile technology and the sharing economy, the tables have turned. A growing millennial workforce has shattered the traditional model of assigned desks and the nine-to-five. People can work from anywhere, at any time, and that has commercial landlords rethinking asset ownership.
Offices of the future will need to be community gathering spaces, places where companies can attract and develop talent. Buildings will become smarter, integrating with personal devices to anticipate user demand. Owners will also have to adapt as shorter leases become the new normal, as company policies shift from always present to always connected.
Download this white paper by Ryan Simonetti, co-founder and CEO of Convene, to find out how you can survive.
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Waiting On The Correction? It May Have Already Happened
At eight years in, real estate is experiencing one of its longest recoveries, though growth has been relatively flat in the past year to 18 months, Eastdil Secured President Michael Van Konynenburg said at this week's Allen Matkins View From The Top…
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As CRE Tech Catches Fire, Cybersecurity Adoption Is A Must
As smart cities begin to expand, it is becoming essential that real estate developers and investors keep cybersecurity top of mind. Smart buildings can improve building and tenant efficiency, but can also leave company and tenant information vulnerable to attacks.
Last week, Equifax came clean about a cyberattack that compromised millions of Americans as well as an untold number of people in Canada. Names, birth dates, Social Security numbers, addresses and driver's license numbers are among the potentially leaked information that could serve to negatively affect Americans for months or years to come. While the breach has caused uncertainty among the general population, it has also shed light once again on the possible ramifications of hacks in the commercial real estate industry if companies do not invest in cybersecurity tech.
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AI Valuation Forecasting Firm Bags $31M Funding, Including Backing From Penny Pritzker
A U.S. firm that uses machine learning to forecast home valuation movements and reduce appraisal times has raised $31M of funding, including capital from investor and former U.S. Commerce Secretary Penny Pritzker.
“We don't see the level of risk in the system that was there in the past,” he said. “Interest rates are very low. Some of the major jobs markets like New York or San Francisco are becoming less affordable and that is meaning demand is spreading out to the secondary or tertiary markets. I would say we are mid-cycle rather than late cycle.”
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