Real estate

CoStar Group to Acquire Residential Listing Site Homes.com

Wednesday, April 14, 2021 - 9:04pm

Homes.com provides advertising and marketing services to residential brokers and agents based on listing feeds that cover more than 90% of all Multiple Listing Services (MLS) subscribers in the United States.

Key Points: 
  • Homes.com provides advertising and marketing services to residential brokers and agents based on listing feeds that cover more than 90% of all Multiple Listing Services (MLS) subscribers in the United States.
  • The company is headquartered in Norfolk, Virginia.\n\xe2\x80\x9cWe are excited to welcome the Homes.com team to the CoStar family,\xe2\x80\x9d said Andrew C. Florance, Founder and Chief Executive Officer of CoStar Group.
  • These sites generate a portion of their revenue from directing potential homebuyers away from the listing agents to unrelated buyer agents that are advertising on top of listing agent listings.
  • Such statements are based upon the current beliefs and expectations of management of CoStar Group and are subject to many risks and uncertainties.

Former Coldwell Banker CEO Joins Houwzer Board of Directors

Wednesday, April 14, 2021 - 2:00pm

b"Charlie Young, the former President and Chief Executive Officer of Coldwell Banker, is joining the board of directors at Houwzer \xe2\x80\x93 the all-in-one real estate company that\xe2\x80\x99s re-defining the industry with proprietary technology, a flat-fee listing model, and salaried real estate agents.

Key Points: 
  • b"Charlie Young, the former President and Chief Executive Officer of Coldwell Banker, is joining the board of directors at Houwzer \xe2\x80\x93 the all-in-one real estate company that\xe2\x80\x99s re-defining the industry with proprietary technology, a flat-fee listing model, and salaried real estate agents.
  • Young's belief in Houwzer is the strongest signal yet that the company has found the winning formula.\nThis press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20210414005218/en/\nYoung joins industry veteran Austin Allison , Co-Founder and CEO of Pacaso (and previously Dotloop which sold to Zillow), which recently raised its Series B round achieving venerable unicorn status.
  • \xe2\x80\x9cHouwzer truly offers the consumer all the benefits you get from a technology company but coupled with experienced, well-trained, full-service real estate agents.

Griffin Capital Closes on 10th Land Acquisition in Qualified Opportunity Zones

Wednesday, April 14, 2021 - 2:00pm

b'Griffin Capital Company, LLC (\xe2\x80\x9cGriffin Capital\xe2\x80\x9d), a leading privately-held alternative asset manager, announced the closing of its tenth land acquisition in a Qualified Opportunity Zone.

Key Points: 
  • b'Griffin Capital Company, LLC (\xe2\x80\x9cGriffin Capital\xe2\x80\x9d), a leading privately-held alternative asset manager, announced the closing of its tenth land acquisition in a Qualified Opportunity Zone.
  • View the full release here: https://www.businesswire.com/news/home/20210414005091/en/\nGriffin Capital currently has 13 multifamily properties in various stages of acquisition and development, each of which is located in a Qualified Opportunity Zone.
  • In addition to The Bozzuto Group and StonebridgeCarras, Griffin Capital has partnered with several other best-in-class multifamily developers to construct housing in Qualified Opportunity Zones, including Avalon Bay, Greystar, Legacy Partners, Alliance Residential, Fairfield Residential, Transwestern, RangeWater and The Opus Group.
  • Founded in 1995, Griffin Capital has owned, managed, sponsored or co-sponsored investment programs encompassing over $20 billion in assets.

Cushman & Wakefield Named ENERGY STAR® Partner of the Year for Ninth Year in a Row

Tuesday, April 13, 2021 - 3:05pm

2021 marks the ninth consecutive year Cushman & Wakefield has been named an ENERGY STAR Partner of the Year, and the seventh consecutive year it has received the Sustained Excellence distinction.\nThe Sustained Excellence award is the highest honor bestowed by the ENERGY STAR program.

Key Points: 
  • 2021 marks the ninth consecutive year Cushman & Wakefield has been named an ENERGY STAR Partner of the Year, and the seventh consecutive year it has received the Sustained Excellence distinction.\nThe Sustained Excellence award is the highest honor bestowed by the ENERGY STAR program.
  • Winners are part of a distinguished group that has made a long-term commitment to fighting climate change and protecting public health through energy efficiency.
  • Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and 60 countries.
  • More background information about ENERGY STAR can be found at: https://www.energystar.gov/about and https://www.energystar.gov/about/origins_mission/energy_star_numbers\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210413005785/en/\n'

Global Building Information Modeling Market (2020 to 2027) - by Component Deployment Mode, Project Life Cycle, Building Type, Application and End-user - ResearchAndMarkets.com

Tuesday, April 13, 2021 - 12:35pm

In addition, rising government mandates for BIM usage across the globe and rowing construction industry fuels the growth of the market.

Key Points: 
  • In addition, rising government mandates for BIM usage across the globe and rowing construction industry fuels the growth of the market.
  • However, high cost of the software and limitation of the trained professionals hampers the growth of the market.
  • By project life cycle, the building information modeling market is bifurcated into preconstruction, construction, and operations.
  • By application, the market is segmented into, planning & modelling, construction & design, asset management, building system analysis & maintenance scheduling, and others.

Global Building Information Modeling Market 2021-2025: Trends, Forecasts and Competitive Analysis - ResearchAndMarkets.com

Monday, April 12, 2021 - 9:41am

b'The "Building Information Modeling Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com\'s offering.\nThe future of the building information modeling market looks promising with opportunities in buildings, civil infrastructure, oil & gas, industrial, and utilities.

Key Points: 
  • b'The "Building Information Modeling Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com\'s offering.\nThe future of the building information modeling market looks promising with opportunities in buildings, civil infrastructure, oil & gas, industrial, and utilities.
  • Following a decline in 2020 due to the COVID-19 outbreak, the market will witness recovery in 2021, and it is expected to reach an estimated $9 billion by 2025 with a CAGR of 9% to 11% from 2019 to 2025.
  • The major drivers for this market are rapid urbanization, growth in infrastructure projects, and increase adoption of BIM to plan, design, and manage building projects efficiently.\nEmerging trends, which has a direct impact on the dynamics of the industry, includes development of Artificial Intelligent in BIM, increasing demand for BIM based cloud collaboration, and emergence of modular construction and prefabrication.
  • Some major BIM companies profiled in this report include Autodesk, ENGworks, Bentley, Trimble, Hexagon, Nemetschek, and others.\nSoftware for building information modelling will remain the largest segment over the forecast period due to increasing demand in architecture, engineering, and construction (AEC) as it offers various benefits, such as interoperability between applications, easy visualization, and cost-effectiveness.\nBuildings will remain the largest segment during the forecast period due to the increasing number of residential buildings and construction projects and increasing adoption of BIM modelling to reduce cost and delay by efficiently planning, designing, constructing and managing buildings.\nNorth America will remain the largest region in the forecast period due to wide adoption of BIM by architects, engineers, and consultants for planning, designing, and construction of residential and infrastructure projects and favorable government support for BIM modelling.\n'

Companies achieve 238% ROI by deploying Corrigo intelligence-driven facilities management platform, according to Forrester Consulting

Thursday, April 15, 2021 - 4:00pm

"Corrigo delivers an intelligence-driven platform uniting operations, asset and work order management, maintenance, and analytics for smarter facilities management.

Key Points: 
  • "Corrigo delivers an intelligence-driven platform uniting operations, asset and work order management, maintenance, and analytics for smarter facilities management.
  • When companies fully embrace the power of Corrigo\'s platform, the cost savings and returns are significant.
  • Corrigo puts that data to use for customers, whether they have 10 locations or 1000.
  • Learn more at www.jllt.com .\nJLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management.

Extracker announces efficiency-boosting Procore integration

Thursday, April 15, 2021 - 12:03pm

b'SAN FRANCISCO, April 15, 2021 /PRNewswire/ -- Extracker , a cloud-based change order communication platform that helps general contractors and subcontractors create, track and share change orders and time and material tags, announces an integration with Procore , a leading provider of construction management software.\n"Many contractors still use outdated tools like email, spreadsheets or even pencil and paper to manage change order communication," said Cameron Page, founder and CEO of Extracker.

Key Points: 
  • b'SAN FRANCISCO, April 15, 2021 /PRNewswire/ -- Extracker , a cloud-based change order communication platform that helps general contractors and subcontractors create, track and share change orders and time and material tags, announces an integration with Procore , a leading provider of construction management software.\n"Many contractors still use outdated tools like email, spreadsheets or even pencil and paper to manage change order communication," said Cameron Page, founder and CEO of Extracker.
  • "\nWith the integration, Procore and Extracker customers can organize and manage change order communication through Extracker\'s collaborative Change Order Log and effortlessly sync Procore Change Events with Extracker COR information.
  • Procore enables owners, general contractors, specialty contractors, architects, and engineers to collaborate across locations and devices.
  • Founded by a former general contractor, Extracker automates the real-world process of creating and tracking time and material tags and change order requests using technology to streamline workflows.

RE/MAX Advantage Plus Agent Mark Abdel Ranked #44 in the World For Residential Transactions as an Individual Agent

Thursday, April 15, 2021 - 11:00am

b"MINNEAPOLIS, April 15, 2021 /PRNewswire-PRWeb/ --With over a decade and a half experience as a multiple award-winning RE/MAX Advantage Plus Realtor in the Twin Cities market, Mark Abdel is pleased and honored to receive both national and worldwide recognition with REMAX as a top rated and exceptional agent.

Key Points: 
  • b"MINNEAPOLIS, April 15, 2021 /PRNewswire-PRWeb/ --With over a decade and a half experience as a multiple award-winning RE/MAX Advantage Plus Realtor in the Twin Cities market, Mark Abdel is pleased and honored to receive both national and worldwide recognition with REMAX as a top rated and exceptional agent.
  • He has been awarded over multiple years as one of the top RE/MAX agents in the State of Minnesota.
  • As a testament to his dedication to his clients and passion to his industry, Mark has received awards and honors multiple years in a row including top producer, an award he received over 300 other agents in Minnesota.
  • For more information about Realtor Mark Abdel, visit http://mark-abdel.com/ or call (651) 283-8251.\n"

FirstService Residential has been selected to provide property management services for Turnberry Ocean Colony Master Association, Inc.

Wednesday, April 14, 2021 - 9:45pm

b'HOLLYWOOD, Calif., April 14, 2021 /PRNewswire-PRWeb/ --FirstService Residential, North America\'s property management leader with local market expertise, has been selected to provide property management services for Turnberry Ocean Colony Master Association, Inc.\nTurnberry Ocean Colony is a lavish residential enclave with two sleek, modern 38-story oceanfront towers featuring 259 ultra-luxurious condominiums nestled in the city of Sunny Isles Beach, Florida.

Key Points: 
  • b'HOLLYWOOD, Calif., April 14, 2021 /PRNewswire-PRWeb/ --FirstService Residential, North America\'s property management leader with local market expertise, has been selected to provide property management services for Turnberry Ocean Colony Master Association, Inc.\nTurnberry Ocean Colony is a lavish residential enclave with two sleek, modern 38-story oceanfront towers featuring 259 ultra-luxurious condominiums nestled in the city of Sunny Isles Beach, Florida.
  • Located on the ocean midway between Bal Harbour and Golden Beach, just south of Sunny Isles Boulevard, Turnberry Ocean Colony is situated on approximately 650 feet of pristine beach.
  • The Executive Chef at Turnberry Ocean Colony ensures that sophisticated tastes are always on the menu at The Colony Club where dining options offer flawlessly prepared cuisine.\nFirstService Residential is pleased to offer a depth of value-added resources to Turnberry Ocean Colony to optimize operations and efficiencies.
  • Dedicated to making a difference, every day, FirstService Residential goes above and beyond to deliver exceptional service.\nFirstService Residential is a subsidiary of FirstService Corporation (FSV), a North American leader in the property services sector.