Adam Neumann’s Flow, Partners Take Over Chetrit’s 4M SF Miami Project
Adam Neumann is expanding his real estate company’s footprint in Miami by leading a partnership taking a majority stake in a megaproject along the Miami River from beleaguered New York development firm The Chetrit Group. Neumann’s Flow, in partnership with Israeli real estate firm Canada Global and billionaire Yakir Gabay’s Yellowstone Trust, is now lead developer of Chetrit’s…
Adam Neumann’s Flow, partners take majority stake in Chetrit’s Miami River megaproject
Chetrit will remain a minority partner in the planned 4M sf mixed-use development The Chetrit Group is bringing on a partnership led by billionaire Adam Neumann’s Flow, Canada Global and billionaire Yakir Gabay’s Yellowstone Trust as the majority owners of the planned Miami River District megaproject. New York-based Chetrit will remain a “significant” minority partner…
Empira plans 161-unit luxury multifamily project in Coral Gables, pays $18M for dev site
Swiss firm also is developing a 26-story apartment tower that is under construction in Brickell Empira Group bought a development site in Coral Gables for $18 million, with plans for a 161-unit luxury multifamily project. The deal marks the Swiss firm’s continued investment and growing pipeline of projects in Miami-Dade County since making its market debut three years ago.
Judge sides with hotel owner in Kimpton Miami Beach squabble
Sean and Nicole Mirmelli were unsuccessful in terminating ground lease for portion of land underneath Art Deco building Siblings Sean and Nicole Mirmelli suffered a significant setback in their legal battle to kill a 99-year ground lease tied to one of two parcels underneath the Kimpton Surfcomber Hotel in Miami Beach. Last week, Miami-Dade Circuit Court Judge Thomas Rebull…
AIDS Health Foundation drops $24M for Miami Gardens hotel in all-cash deal
Los Angeles-based nonprofit picked up aging 217-room building at 21485 Northwest 27th Avenue near Hard Rock Stadium. In an all-cash deal, a Los Angeles-based organization that provides affordable housing to individuals diagnosed with HIV and AIDS bought an aging Miami Gardens hotel for $24 million. AIDS Healthcare Foundation…
$24M Sale of Stadium Hotel in Miami Gardens Brokered
Situated across from the Hard Rock Stadium, home arena of the Miami Dolphins and Miami Hurricanes, the nine-story property was originally built in 1973 and renovated in 2017. Amenities at the hotel include an Olympic-size swimming pool, miniature golf course, basketball court and meeting and event spaces. The Legends Sports Grill restaurant is also located…
Shawmut Design and Construction and Clearline Real Estate have officially broken ground on 2000 Wynwood, a 12-story, 380,000-square-foot mixed-use development at 2000 North Miami Avenue in Miami’s Wynwood neighborhood. The project will yield 310 residential units, 12,500 square feet of ground-floor retail, 308 parking spaces, and 141 bike racks along a walkable…
Jenny Bernell’s Clearline scores $89M construction loan for 310-unit Wynwood apartment project
Bank OZK is the senior lender, PGIM Real Estate provided the mezzanine portion Jenny Bernell’s Clearline Real Estate scored an $89 million construction loan for a 310-unit apartment project in Wynwood. Clearline will start construction of the 12-story 2000 Wynwood on a 1.4-acre site at 2000 and 2010 North Miami Avenue and 2021 and 2025 Northwest Miami Court in Miami…
Groundbreaking Ceremony Held For 2000 Wynwood, Will Have 310 Units
A groundbreaking ceremony for 2000 Wynwood was held this past Friday, according to construction manager Shawmut. The 12-story building is now officially underway. The development site is across from the Kush property. The new 2000 Wynwood building will include 310 residential units, 12,500 square feet of ground-floor retail, 308 parking spaces, and 141 bike racks.
The Weekly Dirt: Is the $4B American Dream Miami too big to fail?
Ghermezians’ Triple Five now has until 2045 to complete the massive development The Ghermezian family is still chasing the American Dream in Miami. To the average person, it seems like the planned $4 billion, 6 million-square-foot entertainment and retail center in South Florida might never get built. It’s been seven years since Miami-Dade County commissioners approved…
Masoud and Stephanie Shojaee’s Shoma proposes 201-unit Live Local Act project in Coral Gables
16-story Ponce 8 building is city’s first known planned development under the state’s affordable and workforce housing law Shoma Group proposes a 201-unit Live Local Act apartment project in Coral Gables, marking the first known development in the city under the state’s affordable and workforce housing law. Coral Gables-based Shoma wants to build the 16-story Ponce 8…
Live Local Ponce 8 Planned In Coral Gables, With Mediterranean Bonus
Developer Shoma Group has announced for a Live Local project in Coral Gables called Ponce 8. The mixed-use development is proposed to rise 16 stories, which is the maximum height permitted in the area, near the historic Douglas Entrance. The developer did not say how many residential units would be included. It would include over 18,000 square feet of non-residential space…
Stephanie Shojaee Clears Up a “Misconception” About Her Business with Husband Masoud
Stephanie Shojaee has set the record straight about her family business. In Season 7, Episode 4 of The Real Housewives of Miami, Stephanie was introduced as a highly successful player in the South Florida real estate game. Stephanie confirmed her high-ranking position within the Shoma Group, a real estate development company led by her husband, Masoud Shojaee.
Paul Cejas plans Lincoln Road apartment project
15-story multifamily development will have 210 units, plus retail Paul Cejas, the chairman of PLC Investments and ambassador to Belgium under Bill Clinton, is planning an apartment project on Lincoln Road. Cejas’ proposal for the site 1600 Washington Avenue and 1601 Drexel Avenue in Miami Beach will be considered by the city’s Planning Board at its Sept. 9 meeting…
Acre scores $72M refi for Miami waterfront multifamily project
Nuveen provided the loan for 236-unit Adela at MiMo Bay Acre landed a $72 million refinancing for a 236-unit multifamily project on Miami’s waterfront. Nuveen Real Estate, part of TIAA, provided the three-year, floating-rate loan for Adela at MiMo Bay, a five-story apartment building facing Biscayne Bay at 6445 Northeast Seventh Avenue in Miami’s MiMo Biscayne…
Florida Value Partners acquires office portfolio near South Miami
Florida Value Partners is now a major landlord in the Kendall office submarket after picking up a three-property portfolio near South Miami for $34.3 million… led by Gus Alfonso, Ed Farah and Alicio Piña, acquired Commons on Sunset at 9350-9360 Southwest 72nd Street, The Forum of Sunset at 9415-9425 Southwest 72nd Street and Sunset Square at 9485-9495 Sunset Drive…
Rok family’s mortgage firm seeks foreclosure sale of Aventura dev site
Entity managed by developer Marlon Gomez allegedly filed frivolous bankruptcy petitions to delay auction Gomez Development principal Marlon Gomez and Rok Lending CEO Bryan Morjain with a rendering of the p… The lending arm of the Rok family is accusing Miami-based developer Marlon Gomez of delaying the court sale of an Aventura site by allegedly filing frivolous bankruptcy…
Medley industrial portfolio sold for $23M
Miami-based WREV, led by Tyler Workman, acquired three warehouses spanning 90K sf… sold a Miami-Dade County industrial portfolio for $22.7 million. An affiliate of Miami-based WREV, led by Tyler Workman, bought three warehouses totaling 90,000 square feet at 6405 Northwest 82nd Avenue, 7500 Northwest 82nd Street, and 7361 Northwest 78th Street, records show.
“The world turned”: Why developers are selling South Florida multifamily sites
“If it’s not publicly for sale, it’s still for sale. Everyone is a net seller right now” A developer planned to complete a 141-unit apartment building in Miami’s Wynwood Norte neighborhood last year. The project was first revealed in the fall of 2022. Yet, instead of starting construction, Evolve Companies listed the six-lot assemblage for sale this spring, asking $14 million.
Lennar, partners revive plan for 7K-plus homes, 1.4M sf of commercial space outside Miami-Dade’s UDB
Developers last proposed the 960-acre expansion of the Urban Development Boundary in 2022 Lennar and its partners dusted off a three-year-old proposal for a megaproject on a 960-acre land tract outside of Miami-Dade County’s Urban Development Boundary. Miami-based homebuilding giant Lennar and South Florida’s Easton real estate family want to develop City Park…
Vlad Doronin’s OKO and Tao nix their hospitality JV that planned 830 Brickell venue
OKO Group still will open a restaurant and lounge at the Miami office tower, a source said Tao Group Hospitality and Vlad Doronin’s OKO Group have dissolved their hospitality joint venture that planned a restaurant and private club at the 830 Brickell office tower in Miami, The Real Deal has learned. In December, Miami-based OKO announced its Miami Members Hospitality…
MG3 sells Miami-Dade charter school buildings for $91M
Properties in Kendall and Doral were part of $172M portfolio sale to BridgePrep MG3 Group sold a pair of charter school buildings in Miami-Dade County for a combined $91.2 million. The two properties in Doral and Kendall represented the majority of buyer BridgePrep Academy’s $172.4 million purchase of a Florida charter school portfolio from Aventura-based MG3.
100 Years Old: Miami’s First Skyscraper Reopening After Restoration
Miami’s first ever skyscraper will soon reopen, after years of restoration work valued at $65m, according to the AP. The Miami News Tower (now known as the Freedom Tower) opened in 1925, and is exactly 100 years old, according to Miami Dade college, which owns the building. It was built by businessman and former Ohio governor James Middleton Cox…
Summit Brickell Developer Signs Covenant
A Covenant in Lieu of Unity of Title has been recorded for the Summit Brickell property. A 65-story tower is planned on the site, and is currently in construction permitting. The covenant was recorded in county records on July 9. The covenant states that the owner may develop the property in a condominium format and/or in two or more phases.
Map: Potential Transit Station Neighborhood Development Areas
A City of Miami map shows transit stations, with circles representing a half mile and one mile radius. Miami commissioners recently approved a new designation known Transit Station Neighborhood District. It allows for increased zoning up to a mile from transit stations. The new zoning rule is an alternative to Miami-Dade’s Rapid Transit Zones, and the city hopes to regain…
Empira Acquires Coral Gables Site for 12-Story Residential Development Designed by Behar Font
Empira Group has acquired 912-921 East Ponce de Leon Boulevard in Coral Gables for $18 million, with plans to develop The Aurelian, a 12-story Class-A multifamily building. Designed by Behar Font, a renowned local architect, the project is expected to break ground in early 2026. The site spans two corners of a residential block in the heart of Coral Gables.
ULTRA Padel to Launch Nation’s Largest Padel Club at $2 Billion Midtown Park Development in Miami
Rosso Development and Midtown Development, in partnership with ULTRA Padel, have unveiled plans for ULTRA Club Midtown, a 2-acre pop-up padel destination set to rise within the transformative Midtown Park development in Midtown Miami. The temporary facility will introduce the largest padel club in the United States, offering a preview of the permanent…
‘Largest Padel Club in the U.S.’ Coming To Midtown Miami
Plans have been announced for ULTRA Club Midtown, which is being billed as the largest padel club in the United States. The pop-up padel destination will be located at the future site of Midtown Park, the $2 billion mixed-use development spanning nearly five acres in Midtown Miami. ULTRA Club Midtown will include 11 padel courts and 3 children’s courts, along with a food…
54-Story Flow Brickell Opening Soon, Refinancing Completed
Developers have reached an equity and refinancing deal on a Brickell property that includes an under-construction 54-story tower. Canada Global said in a filing with the Tel Aviv Stock Exchange that it is part of a partnership that took a 60% stake in the development site for $106m, which includes the nearly completed tower. There are also adjacent parcels with rights for ~1,300…
$240M Luxury Edgewater Apartment Tower Near Level 12 Of Construction
Edgewater’s luxury Hamilton House apartment tower is now about a third of the way up. Work on the new building began about a year ago, with a construction crane installed in March and vertical construction beginning in April. Now, around 12 floors have been completed of the building’s shell, a social media post by construction management firm Grycon shows.
Permitting Advances For 42-Story Edgewater Tower
The master construction permit to build a 42-story apartment tower in Edgewater has moved to the next cycle of review. The 444-foot tower is under planning by developer LCOR at 1775 Biscayne Boulevard. Review of plans for the permit began in December 2023, following a September 2023 UDRB submittal. Building Department records show a plan activation on August 5…
Two renovated Flagler Street blocks open, the rest may take years
Years into a $33 million makeover, East Flagler Street’s first two renovated sections have reopened to vehicles. The rest of the Flagler makeover may take several years more. Launched in 2021, the Flagler Street Beautification Project is transforming the stretch from Biscayne Boulevard to Northwest First Avenue into a walkable, festival-style corridor featuring curbless streets…
Miami Dade College’s role pivotal in Olympia Theater sale
The planned sale of the historic Olympia Theater in downtown to a charter school is contingent on Miami Dade College’s (MDC) role in the institution being ironed out before the deal comes back for final approval in September, City Manager Art Noriega told commissioners last month. “That’s a condition precedent to executing the agreement,” Mr. Noriega said during the commission’s…
Downtown Miami Signature Bridge project delayed two more years as costs climb
New ribbons of concrete and steel continue to worm through Miami as the grandiose Signature Bridge rises as part of the I-395/SR 836/I-95 Design-Build Project, work that is now projected to continue for at least four years and end in late 2029. Until now, the projected completion was in 2027. The Florida Department of Transportation (FDOT) says steady progress…
Palm Beach Gardens-based Ram Realty has filed a pre-application for a residential development in Miami-Dade County. The project would measure eight stories above grade and occupy a 7.08-acre site that was once home to a mobile home park and two other commercial ventures. Both are in the process of being demolished. The mid-rise building is slated to feature…
Buyer Increases Deposit on $520M ‘Largest Land Acquisition In Miami’s History’
The buyer in contract to purchase a Brickell property has increased its non-refundable deposit. The $520m deal has previously been called the largest land acquisition in Miami’s history. Aimco, which is the seller, told investors last week that the buyer exercised its final closing extension option and increased its deposit by $7 million, bringing the total non-refundable deposit…
Swire Buys Out Stake In Brickell Development Site of The Residences at Mandarin Oriental
Developer Swire Properties said it has bought out an investment stake in the Brickell property where The Residences at Mandarin Oriental, Miami is planned. The company paid $37 million for a 25% stake in the joint venture company that owns the Mandarin Oriental hotel property, according to a report released to investors last week. Swire now owns 100% of the company.
Trump Administration Defunds $60M For The Underdeck in Downtown Miami
The Trump Administration is defunding a $60 million federal grant for The Underdeck, according to former Miami commissioner Ken Russell. The grant had been announced in March 2024 by the U.S. Department of Transportation, and was said to be the the largest in the City of Miami’s history. It was awarded under the DOT’s Neighborhood Access and Equity program initiative…
Bridge Signs Second Tenant At Bridge Point Doral As Phase I Nears Completion
Bridge Industrial (“Bridge”), a privately owned, vertically integrated real estate operating company and investment manager, today announced it has signed a 32,478-square-foot, long-term lease with Barberi International at Bridge Point Doral—the company’s newest state-of-the-art, master-planned logistics park in Doral. Currently under construction, the transformative…
UDRB Approves 22-Story Live Local Act Tower From Midtown Capital Partners In Little River
Miami’s Urban Development Review Board has approved a 22-story residential tower in Little River from an affiliate of Midtown Capital Partners, designed by Corwil Architects. The site is located at 7501 and 7553 NE 2nd Avenue, bounded by NE 76th Street to the north, NE 75th Street to the south, NE 2nd Avenue to the west, and NE 2 Court to the east.
FAA Filing Details Tower Crane Plans for One Twenty Brickell Residences in Miami
A recent filing with the Federal Aviation Administration reveals plans for tower crane installations at the One Twenty Brickell Residences construction site. The cranes will be located at 120 SW 8th Street in Miami’s Brickell neighborhood, a short walk from Brickell City Centre. Developed by Property Markets Group, the project will comprise two towers with a combined 803…
652-Foot Construction Crane Planned In Brickell for One Twenty Brickell Residences Construction
A developer is planning to install tower cranes at the One Twenty Brickell Residences construction site, according to a new FAA filing. The cranes will be installed at 120 SW 8th Street, a short distance from Brickell City Centre. One Twenty Brickell Residences will have two buildings, with a combined 803 units. One tower will have 266 condos, and another will have 537…
Miami Industrial Vacancies Tick up as Tenants Find Value in Lower Quality Properties
In a mixed second-quarter report from Avison Young on Miami’s industrial sector, vacancy is starting to tick up, reaching six percent in the three-month period. That marks a 40 basis point increase from the 12 months prior. Class A vacancy was the highest at 13 percent. Meanwhile, Class B and C’s came in much lower, averaging just 4.3 percent and 3.5 percent, respectively.
‘Ambar Station’ Anticipated for 2026 Completion at 27860 South Dixie Highway in Homestead
Construction has officially started on Ambar Station, a multi-family housing development Florida YIMBY first reported on in October 2023. The affordable housing venture will feature four buildings: two measuring eight stories (86 to 88 feet high) and the other two measuring three stories (36 feet tall). The community will offer a total of 576 units. The venture will offer an array…
Sobe Sky Development, owner of The Ritz-Carlton, South Beach, The Ritz-Carlton Residences, South Beach, and The Sagamore Hotel, has received unanimous approval from the Miami Beach City Commission for a $12 million plan to redevelop the 100 block of Lincoln Road and enhance the adjacent Beachwalk entrance. The agreement, supported by Commissioner Alex Fernandez…
South Florida Retail Stays Immune to Economic Uncertainty Thanks to Population Boom
Economic uncertainty has caused unease at times for retail this year — but South Florida continues to show resiliency, as the area enjoys a population boom from the pandemic. Recent reports from Colliers found that the second quarter vacancy rates in Miami-Dade County and Broward County were only 3.2 percent and 4.1 percent, respectively. For context, the brokerage’s national average…
‘Havana Enclave’ Close to Groundbreaking at 315 NW 27th Avenue in Miami
The installation of a construction crane at the future site of Havana Enclave signals that the project is close to breaking ground. The attainable housing development, led by Astor Cos., is set to measure eight stories above grade and feature 179 apartments. Floorplans include studio, one-bedroom, and two-bedroom units, and residents will have access to a fitness center…
41-Story Edgewater Tower Is Now Just Weeks Away From Topping Off
Edgewater’s under-construction 2600 Biscayne tower is rapidly approaching top off. Contractor Coastal Construction said the the shell of the tower had passed level 35 as of last week, with top off at 41 stories expected in early September. Glass installation is tracking close behind as the tower rises. Top off is planned at 521 feet above ground, or 529 feet above sea level.
Shoma lands $30M predevelopment loan for North Bay Village project
Shojaees’ firm has until Halloween to secure a master building permit for the condo tower Shoma’s Masoud and Stephanie Shojaee with a rendering of the North Bay Village project (Getty, Sho… Masoud and Stephanie Shojaee’s Shoma Group secured nearly $30 million in financing for its planned North Bay Village condo project. Coral Gables-based Shoma obtained…
Giant Water Slides Planned At Fontainebleau Miami Beach
Giant new water slides will be installed at the Fontainebleau Miami Beach, according to a new rendering released by the owner of the resort. The slides will be installed as part of a redevelopment of the resort’s pool deck, set to begin construction in early 2026. The pool deck renovation will be one of the most ambitious investments to date for the Fontainebleau, its owner said…
CORE Sells Palmetto Plaza in Miami
CORE PALMETTO, an affiliate of Core Investment Management (CORE), a Miami-based private investor specializing in retail properties across Florida’s primary markets, is pleased to announce the successful sale of Palmetto Plaza, a 186,095-square-foot retail center in Miami Gardens, Florida. Douglas K. Mandel, Executive Managing Director Investments…
Miami ranks No. 1 for super-rich second homeowners
New York boasts most ultra-wealthy homeowners overall For ultra-high-net-worth buyers, one city tops them all when it comes to buying a second home: Miami. The Magic City is the No. 1 spot — on the planet — for the super-rich to purchase second homes, according to a report from Altrata, a data provider for the wealth industry. More than 13,200 ultra-high-net-worth people…
Lease roundup: Ideal Nutrition opens in Fort Lauderdale, Bridge Industrial scores tenant in Doral
Ideal Nutrition opened a store in downtown Fort Lauderdale, as part of its statewide expansion. The healthy meal delivery service leased 1,300 square feet on the ground floor of Coasterra Apartments at 150 Southeast Third Avenue, according to a news release from the tenant’s broker. Scott Weprin of Colliers represented Ideal Nutrition, and Jonathan Rosen of JLL represented…
Starlife Group seeks EB-5 investors for Hollywood project
Foreign capital could raise up to $20M for the 14-story, 200-unit luxury rental building Starlife Group launched an EB-5 investor program that will help fund construction of a planned luxury Hollywood rental development. Aventura-based Starlife, led by CEO Gevorg Shahbazyan, is seeking EB-5 investors for 21 Hollywood, a 14-story, 200-unit building that will include…
144-Room Holiday Inn Undergoes Construction at 2114 S Federal Highway in Fort Lauderdale
Construction has officially commenced on a Holiday Inn that’s been in the works for close to a decade. Proposed in 2016, original plans called for 142 rooms in eight stories, comprising 135,000 square feet of new construction and costing $25 million. Now, according to a recent report from the South Florida Business Journal, the venture, still measuring eight stories…
The developer of Urbania Flagler 1st has recently secured a multi-million-dollar construction loan to help make the project possible. Goldman Sachs Bank USA provided a $27.71 million construction loan to 626 Flagler LLC; the latter firm is a partnership between Continua Developments and SP Developments. Construction started on the 11-story venture earlier this year…
Developers Sell Boca Raton Marina, Land $37M For Condos: The South Florida Deal Sheet
JSB Capital Group and Johnston Group Capital Management landed a $37M loan to finish converting a Boca Raton waterfront apartment complex into luxury condos. The partners also sold off the marina attached to the property. Miami-based JSB Capital and Palm Beach-based Johnston Group Capital Management landed the loan from Bank Hapoalim to finish the remaining condo interiors…
Havenpark, PGIM Real Estate pay $28M mobile home park near Greenacres
Tavares Cove I and II have a combined 377 home lots on 54 acres A manufactured homes firm and PGIM Real Estate bought a mobile home community with 377 homesites near Greenacres for $28.1 million. Orem, Utah-based Havenpark Communities and Newark, New Jersey-based PGIM bought the Tavares Cove Mobile Home Park at 2315 Espana Real in unincorporated Palm Beach…
Wellington OK’s zoning changes for Mark Bellissimo’s planned Marketplace
Proposal includes 80-key hotel, 89 condos, with retail and offices adjacent to resi development Developer Mark Bellissimo won zoning changes needed for the next phase of his plan to reimagine the epicenter of American equestrian sports. Wellington’s Village Council voted unanimously Tuesday to approve the changes for his project, called the Marketplace at the Wellington…
Construction Starts on First Phase of ‘Villa L’Onz’ at 120 West 11th Street in Riviera Beach
Construction has officially started on the first phase of Villa L’Onz, a townhome development in Riviera Beach that’s intended to “elevate the Avenue E corridor with modern, walkable housing.” City records indicate that the venture will comprise multiple buildings. Plans call for four, three-story townhomes measuring 2,227 square feet. Additionally, there will be eight…
Rent Cuts Continue Across Most Florida Apartment Markets Amid Sustained Supply
Annual rent cuts were around 4% to 5% in Crestview and North Port. Two large Florida markets – Jacksonville and Orlando – saw prices come down by around 2.5% in the year-ending 2nd quarter. Cuts were more modest at less than 2% in Lakeland, Deltona, West Palm Beach, Fort Lauderdale, Palm Bay and Pensacola. While some Florida markets did see a bit of rent growth in the past year…
In a recent episode of the America’s Commercial Real Estate Show, the host interviewed Anthony Coniglio, CEO of Newlake Capital Partners, a company specializing in the niche market of cannabis real estate. The interview delved into the state of the commercial real estate industry, the impact of tariffs and fluctuating interest rates, and the overall real estate forecast.
Coworking growth nationally slows, but companies still value flex space, reports show
After years of significant expansion, total coworking location count has dipped to a more measured approach, according to research by Coworking Cafe. The slowdown — the first since the pandemic — is the result of operators prioritizing amenity-rich hubs, the company said in a report released Aug. 6. National flex office presence in the U.S. rose 0.3% in the first quarter, after a 3% jump…
Q2 2025 Self Storage REIT Earnings: Green Shoots, Growing Stronger
Last quarter, we highlighted that the commentary out of the major self storage REITs was that pricing power had found stable ground. So what did the REITs say this quarter? Well, more of the same, pricing has indeed bottomed, and they are seeing web rates going positive for the first time in several years. While the road to recovery remains gradual, positive new customer rate…
Quantum computing could be commercial real estate’s next big tailwind
Just as artificial intelligence turned the data center sector into a gold mine, quantum computing is already ramping up to its own real estate revolution. Quantum computing uses quantum mechanics to solve problems beyond the ability of the most powerful classical computers. Until now, these super computers have mostly lived at academic or government facilities, because they have…
CNBC Property Play Video: Building sustainable affordable housing at scale
A Deep Dive into the Affordable Housing Crisis and the Path Forward The affordable housing crisis, a growing concern across the United States, has been a topic of intense debate and discussion among real estate professionals, policymakers, and the general public. The issue is complex, characterized by skyrocketing construction costs, stringent building department requirements…
Companies are monitoring and enforcing office attendance at the highest rate in 5 years
In the past year, U.S. companies made more progress in getting employees back to the office than at any time since 2020, when the pandemic fundamentally changed the traditional work paradigm. This is according to a forthcoming report from CBRE, due out next week. While some employers have gone fully remote and some offer hybrid work opportunities…