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The hotel rooftop terrace in the huge York Central redevelopment will offer stunning views of the city's historic cathedral and new city squares, as well as cups of tea heated [...]

The article reports on the challenges facing the real estate market in the U.S. due to the effects of the coronavirus pandemic and how market players are addressing them. Also cited are the lawsuit among the federal government, real estate firm Rexmark, and real estate businessman Ben Ashkenazy involving the Union Station building in Washington, D.C., the declining value of commercial real estate, and the increasing number of vacant office spaces across the country.

How do we respond to evolving requirements for office buildings? That is the big question on the lips of architects, developers, asset managers and tenants, who face a fast-changing world [...]

In 2023, commercial premium rates across all lines rose, on average, 8.1% over the year. While businesses may see minor rate decreases in some lines (e.g., directors and officers coverage), [...]

Baiju Bhatt, the cofounder of trading app Robinhood, has a new space startup. Aetherflux aims to launch a constellation of satellites to transmit solar power to Earth using infrared lasers. [...]

Byline: AU News Bureau Hindware's Italian Collection Tiles has launched a new portfolio with over 400 products, catering to India's growing demand for luxury tiles in the interior design market. [...]

Interface, a global flooring solutions company, reported it has launched two new carpet tile styles, Knitstitch and Breakout. The company said these introductions feature timeless and dynamic patterns, including a [...]

The billionaire-funded (https://www.businessinsider.com/spacex-launch-risky-polaris-dawn-mission-first-commercial-spacewalk-radiation-2024-8) Polaris Dawn mission completed its historic spaceflight on Sunday. The crew completed the first private spacewalk and first violin performance in space. Photos show what the jam-packed [...]

Mitchell Voss stands at the helm of WindMass Capital as its Founder and CEO, propelling the company to the forefront of the sustainable commercial real estate industry. Boasting over 14 [...]

(https://cdn.jwplayer.com/players/sUaBbMjG-jZbcmOYf.html) https://cdn.jwplayer.com/players/sUaBbMjG-jZbcmOYf.html SpaceX launched the Polaris Dawn mission with two SpaceX engineers, a former Air Force pilot and the billionaire who funded the private spaceflight. Read the original article on [...]

Raveche Property, a buyers agent in Melbourne, has reported the launch of its commercial property buyers agent services. The group siad the he new service offers clients a range of [...]

Keefe Bruyette upgraded Starwood Property (STWD), KKR Real Estate Finance (KREF) and Newmark (NMRK) to Outperform from Market Perform with price targets of $22.50, $13 and $16.50, respectively. With the [...]

Reports Q3 revenue $109.6M, consensus $125.46M.'In the third quarter, continued organic growth in our U.S. Concrete Waste Management business was offset by a series of factors that impacted volume-driven declines [...]

Commercial real estate has struggled post-pandemic, with office values tanking as remote work persists. But there's been huge growth in data centers, says Aetos Capital Real Estate CEO Scott Kelley. [...]

Net leasing of Grade A commercial office space in India is projected to increase by 10-12% this fiscal, reaching pre-pandemic levels of 41-43 million square feet. The growth is driven [...]

Arihant Foundations and Housing, through its SPV Vilaya, has partnered with Empee Hotels, owners of Hilton Chennai, to develop a Grade-A commercial space next to the hotel. The project will [...]

Tomorrow should be the start of a SpaceX Dragon mission that will take advantage of Falcon 9 and Dragon’s maximum performance, flying higher than any Dragon mission to date and [...]

Asset manager DWS hires a JPMorgan exec to lead its real estate lending business. Its head of real estate seeks to build the firm into a 'top five provider of [...]

WORLDWIDE COMPUTER PRODUCTS NEWS-August 14, 2024-RESAAS partners with CBRE Vancouver to launch new Commercial Real Estate Data Exchange (C)1995-2024 M2 COMMUNICATIONS http://www.m2.co.uk Technology solutions provider for the real estate industry [...]

Byline: Marc Lutz There are many entrepreneurial-minded individuals who dream of either owning a business or starting one of their own. Even amid the pandemic and during the incredibly volatile [...]

The article discusses the § 179D deduction, which allows owners of commercial buildings to reduce their taxable income by making energy efficiency upgrades. The deduction has two options: the general deduction for energy efficient commercial building property (EECBP) and the alternative deduction for energy efficient building retrofit property (EEBRP). Both options require a plan to install upgrades that improve the building's energy efficiency by 25 percent or more. The article provides details on the requirements, calculations, and allocation of the deduction, and suggests that commercial building owners consult with professionals to determine if the deduction is appropriate for them. [Extracted from the article]

OFFICE SALE PRICE: 514 million ADDRESS: 250 N Madison Ave. Fuller Theological Seminary sold a property at 250 N Madison Ave. in Pasadena for $14 million. OFFICE LEASED SF: 150,000 [...]

FEATURED DEALS OFFICE SALES PRICE: $11 million ADDRESS: 1220 E. 4th St. A Long Beach-based property occupied by WelbeHealth traded hands for $11 million. Turner Impact Capital LP was the [...]

A FORMER DENTIST OFFICE IN Chicago's West Loop was part of a 30-unit commercial building that was ready to see new life as residential spaces. Purchased by an out-of-state family, [...]

THE CANADIAN GOVERNMENT is focused on using the technology to detect vessels engaging in what is termed as illegal, unreported, unregulated (IUU) fishing. Such ships are known as 'dark vessels.' [...]

The article discusses the ENERGY STAR program, which promotes energy efficiency and has become a national standard in the United States. The program, launched by the U.S. Environmental Protection Agency (EPA) in 1992, has led to significant energy savings, cost reductions, and greenhouse gas emissions reductions. ENERGY STAR products meet strict EPA standards for energy efficiency and are recognized by a blue label. The program also offers resources and incentives for households to make energy-efficient upgrades. The article emphasizes the importance of energy-efficient technology in building a cleaner and healthier environment. [Extracted from the article]

This article provides an overview of the changes and updates to the ASHRAE 90.1 Standard for energy efficiency in buildings. It introduces the concept of TSPR, which measures the efficiency of a building's HVAC system, taking into account factors such as heating and cooling loads, ventilation, and system controls. The article also mentions new efficiency requirements, additional energy-saving measures, and changes to lighting and equipment regulations. The 2022 edition of the standard aims to move towards achieving Net Zero energy buildings by 2031. [Extracted from the article]

Byline: David Winzelberg A commercial property in West Babylon has sold for $2.25 million. 749 Route 109 LLC, an affiliate of a furniture retailer and wholesaler, purchased the 11,517-square-foot building [...]

Byline: Brian Johnson Local developer Jesse Hartung was riding a wave of support for his proposed $45 million mixed-use riverfront development in Otsego, so he was more than a little [...]

Byline: IBR Staff LeAnn Hume, a third-generation Idahoan, is passionate about her community which is evidenced in her work in the real estate industry for over 26 years. As the [...]

Brightly Software, a Siemens company and provider of intelligent asset management solutions, reported is is introducing Targets, a new carbon planning module within its ESG and sustainability platform Stream, to [...]

Byline: Dan Emerson One of the largest mixed-use developments in recent Twin Cities history, Ryan Companies' 55-acre Highland Bridge project is located on the large property once occupied by Ford [...]

Commercial real estate pain is sparking defaults in bonds backed by loans on high-quality properties. Single-asset, single-borrower CMBS are typically seen as safe havens by bond investors. The recent stress [...]

Real estate investors are setting aside billions in cash as commercial real estate distress grows. Private equity firms have more than $250 billion earmarked for North American commercial properties, Bloomberg [...]

In This Issue / Trading This bank could break Axos Financial is highly exposed to America’s commercial-property slump Matthew PartridgeShares editor The past four years has radically changed the landscape [...]

US High Grade/High Yield REIT Debt Analyst Streeter, REIT Equities Analyst Paolone and Global Real Assets Analyst Cerreta provide an update on June's Commercial Real Estate Industry on an Analyst/Industry [...]

Byline: Dan Netter Lyndale residents get ready: Construction and apartments are coming your way if a 62-unit mixed-use development can make its way through the Minneapolis Planning Commission's Monday meeting. [...]

Much has been said about the rocky issues that have befallen commercial real estate, particularly the office space sector. CRE are those real estate sectors that do not include single-family [...]

Byline: Designers Today Staff Behr Paint Company has released its first-ever Commercial Color Forecast, a collection of future-focused color palettes in five themes. Titled 'No Clear Boundaries,' the forecast of [...]

INTERNET BUSINESS NEWS-(C)1995-2024 M2 COMMUNICATIONS US-based SES Space & Defense, a wholly-owned subsidiary of Luxembourg-based SES, has demonstrated the first multi-orbit, multi-band commercial space relay service in support of the [...]

Six major players in the project development sector are in the race to develop the Oman Business Gateway, a mixed-use project in Muscat featuring a blend of office spaces, residential [...]

INTERNET BUSINESS NEWS-(C)1995-2024 M2 COMMUNICATIONS US-based Bridge Commercial Real Estate, a commercial brokerage subsidiary of Bridge Investment Group, has executed a combined new 205,761 square foot office lease at 1055 [...]

Byline: Au News Bureau Noida-Greater Noida, situated in the National Capital Region of Uttar Pradesh, has seen exponential growth in recent years, buoyed by several developments. The twin cities have [...]

Enphase Energy announced that installers of Enphase products across North America, NA, have seen growing deployments of IQ8 Commercial Microinverters. 'Our goal at Enphase is to equip solar installers with [...]

Byline: David Winzelberg Albert 'Al' Centrella, a veteran broker in the Long Island commercial real estate industry, has died. He was 70. Throughout his long career, the affable Centrella was [...]

Byline: Kevin Oklobzija Stability and demand within many sectors of the commercial real estate industry are why local lenders remain bullish on the Rochester market, but office will remain a [...]

Roman and Williams, an architecture and design firm, has opened a new office in Manhattan. The office is made primarily of white oak, giving it a unique and durable aesthetic. The larger space allows the firm to bring together their various teams and showcase their internationally acclaimed projects. The office features a mix of public and private areas, with a focus on collaboration and craftsmanship. The firm's attention to detail is evident throughout the space, with hidden drawers containing material samples and objects from past projects. Additionally, Roman and Williams will be debuting a new lighting collection in an upcoming exhibition. [Extracted from the article]

Gin distillery to family home When Rupert Scott, an architect-developer, and his wife, Leo Wood, an interior designer, bought this gin distillery in east London, it was in a poor [...]