LGBT Community Draws Support From Allies In Commercial Real Estate
It has been one year since Bisnow shined a light on the often silent LGBT community within commercial real estate, and a key metric has yet to improve. The Human Rights Campaign's 2018 Corporate Equality Index still only gave three commercial real estate firms a perfect score for LGBT corporate policies — the same number from a year ago.
While the index didn't budge, real estate leaders who spoke to Bisnow from firms across the country argue the industry embraces its LGBT community and that diversity is precisely what is needed to grow and develop fresh ideas within an industry that has, at times, proved resistant to change.
Though only JLL, CBRE and Lendlease Americas received perfect scores, companies beyond that trio are speaking up for the LGBT community, like Crow Holdings board Chairman and former CEO Harlan Crow. Last July Crow publicly decried Senate Bill 6 and House Bill…
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Developer Pushes Back Against Berkeley's Denial Of Streamlined Approval Under SB 35
West Berkeley Investors, a subsidiary of Blake Griggs Properties, submitted a detailed response Thursday to the city of Berkeley's rejection of streamlined review for a project under SB 35. The controversial 260-unit housing project at 1900 Fourth St. has been…
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The U.S. Needs 4,000 More Data Centers In The Next Two Years
The big picture when it comes to data centers, according to the speakers at Bisnow's Data Center Investment Conference & Expo South, is very big indeed.
Increasing connectivity and other factors mean that roughly 600 zettabytes of new data is created each year (that is 600 trillion gigabytes), which is about 200% more traffic than current data centers can handle. To keep pace with the growth of data, the industry is going to have to build about 4,000 new facilities — on average 200K SF, 25 megawatt facilities — by 2020, the speakers said.
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#Success: How CRE Is Turning Social Media Into Deals
Can you really pull in $40M from some tweets and videos? Lee & Associates Orange County broker Allen Buchanan has brought in deals accounting for that much through the weekly social media content he curates.
Buchanan is part of a growing number of commercial real estate brokers, marketers, researchers and companies embracing social platforms to expand brands, be recognized as industry leaders, engage with current and potential clients, and, of course, get deals. In honor of National Social Media Day June 30, Bisnow spoke with some CRE professionals doing it right and seeing major returns.
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Disruptive Technology Is Shaping A New Future For Multifamily
Technology is having a profound impact on nearly every industry, including the multifamily market, where developers and operators are experimenting with what technology can bring to their properties.
“There have been lots of conversations about Airbnb, autonomous cars, disruptive technology, the Internet of Things [and] delivery drones,” said Gables Residential President and CEO Sue Ansel, who recalled when the Atlanta-based multifamily developer, which has 31,000 apartment units in the U.S., began putting iPod docking stations into its properties.
“It was really cool for about three years until Apple changed the configuration of the iPod docking station,” she told the crowd at Bisnow's Multifamily Annual Conference South in Dallas last week.
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