Talent Key To Making Toronto North America's Fastest-Growing Tech Market
Toronto is North America's fastest-growing tech market and its second-cheapest, according to a new CBRE report.
Overall, the fifth annual CBRE Scoring Tech Talent Report, which ranks 50 U.S. and Canadian markets on attracting and growing tech talent, found Toronto had leaped six positions from No. 12 to sixth, behind leaders San Francisco, Seattle, New York, Washington and Atlanta.
The report concludes Toronto's growing talent employment base, which set the pace with a leading 22,500 new tech jobs in 2015-16, as a key factor in its rise.
“We're growing our talent domestically,” said Werner Dietl, CBRE Canada executive vice…
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Adi Development Group Hires New York's CetraRuddy For Toronto Project
The Adi Development Group has enlisted New York-based architects CetraRuddy Architecture for its new luxury boutique project at 64 Prince Arthur Ave.
“We are thrilled to bring a piece of New York with CetraRuddy to Toronto and introduce a new…
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The Olympics Are Notoriously Bad For Cities, But London 2012 Was A Huge Real Estate Success
Earlier this month the International Olympic Committee took the unprecedented step of naming the host cities for two upcoming Olympics rather than just one, and Paris and Los Angeles will host the games in 2024 and 2028.The move may be due…
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Is There A Real Estate Solution To E-Commerce's Returns Problem?
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Obamacare Repeal Could Cripple Rural Hospitals And Lead To More Closures
There is a perfect storm raging in the healthcare industry that has caused a slew of hospitals to close across the country. Healthcare reform and changing business models are at the forefront of those challenges.
Approximately 2,300 rural hospitals are in the United States. Of those, 81 have closed since 2010, according to the North Carolina Rural Health Research Program. Because rural populations tend to be poorer, these hospitals rely heavily on Medicaid reimbursement, which has been dispersed in greater quantity since the Obama administration passed the Affordable Care Act.
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China's Sovereign Fund Bets On U.S. Real Estate With 16% Stake In New TPG REIT
China Investment Corp., the second-largest government-owned investment fund in the world, owns $814B in assets. The fund reported in a recent filing that it grabbed a 15.5% stake in TPG through affiliate lender Flourish Investment Corp., Bloomberg reports.
The sovereign fund has…
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