US Commercial Real Estate Index

Dxcover Announces Expansion of Its Leadership Team to Support Advancement of its Multi-Cancer Liquid Biopsy Platform

Retrieved on: 
Wednesday, September 6, 2023

Under his guidance, he will support the company’s business operations and long-term objectives, focusing on strategy, performance, and value creation.

Key Points: 
  • Under his guidance, he will support the company’s business operations and long-term objectives, focusing on strategy, performance, and value creation.
  • Andrews brings more than three decades of experience in the diagnostic space in various senior commercialization roles.
  • Prior to that he held leadership positions at The Bethesda Group, Thermo Fisher Scientific, GE, Roche Diagnostics, Abbott Diagnostics, amongst others.
  • Chick brings diagnostic and pharmaceutical commercialization experience as former CCO at Inivata and progressive leadership roles at Sanofi and BMS.

BMO Launches Mobile Wallet for Virtual Cards with Mastercard and Extend

Retrieved on: 
Monday, August 28, 2023

BMO is the first global Mastercard issuer to offer contactless virtual cards through its cobranded Extend for BMO app – an expansion of the payments functionality BMO announced in 2022 .

Key Points: 
  • BMO is the first global Mastercard issuer to offer contactless virtual cards through its cobranded Extend for BMO app – an expansion of the payments functionality BMO announced in 2022 .
  • BMO clients using Extend for BMO to issue virtual cards also benefit from tighter spend controls, along with streamlined receipt and reconciliation processes.
  • Now, with mobile wallet capabilities, BMO Corporate Card clients can extend the benefits of virtual cards to a host of additional purchases, including contactless payments made during business travel.
  • The program leverages Mastercard's mobile virtual card solution, which brings together its industry leading virtual card and tokenization platforms.

Change in Independent Registered Public Accounting Firm

Retrieved on: 
Thursday, July 13, 2023

NEW DELHI, July 13, 2023 /PRNewswire/ -- Azure Power Global Limited (the "Company" or "Azure") (NYSE: AZRE), an independent sustainable energy solutions provider and renewable power producer in India, today announced change in its independent registered public accounting firm.

Key Points: 
  • NEW DELHI, July 13, 2023 /PRNewswire/ -- Azure Power Global Limited (the "Company" or "Azure") (NYSE: AZRE), an independent sustainable energy solutions provider and renewable power producer in India, today announced change in its independent registered public accounting firm.
  • On July 12, 2023, the Company's Board approved the appointment of ASA & Associates LLP ("ASA") as an independent public accounting firm registered with the Public Company Accounting Oversight Board ("PCAOB"), for the Company's US GAAP consolidated financial statements for the fiscal year ended March 31, 2022 ("Fiscal 2022"), pursuant to the resignation of S.R.
  • In India, ASA is the auditor for one of the largest public sector banks in India and have been an auditor for various large size public institutions.
  • SRB in its letter dated July 10, 2023, tendered its resignations as the independent registered public accounting firm of the Company and the Auditors of the subsidiary companies of APIPL.

Change in Independent Registered Public Accounting Firm

Retrieved on: 
Thursday, July 13, 2023

NEW DELHI, July 13, 2023 /PRNewswire/ -- Azure Power Global Limited (the "Company" or "Azure") (NYSE: AZRE), an independent sustainable energy solutions provider and renewable power producer in India, today announced change in its independent registered public accounting firm.

Key Points: 
  • NEW DELHI, July 13, 2023 /PRNewswire/ -- Azure Power Global Limited (the "Company" or "Azure") (NYSE: AZRE), an independent sustainable energy solutions provider and renewable power producer in India, today announced change in its independent registered public accounting firm.
  • On July 12, 2023, the Company's Board approved the appointment of ASA & Associates LLP ("ASA") as an independent public accounting firm registered with the Public Company Accounting Oversight Board ("PCAOB"), for the Company's US GAAP consolidated financial statements for the fiscal year ended March 31, 2022 ("Fiscal 2022"), pursuant to the resignation of S.R.
  • In India, ASA is the auditor for one of the largest public sector banks in India and have been an auditor for various large size public institutions.
  • SRB in its letter dated July 10, 2023, tendered its resignations as the independent registered public accounting firm of the Company and the Auditors of the subsidiary companies of APIPL.

LoopNet and Google Release Commercial Real Estate Study Focused on Identifying Trends in Tenant and Investor Online Search Behavior

Retrieved on: 
Wednesday, May 17, 2023

Today, LoopNet , a CoStar Group (NASDAQ: CSGP) company, issued the latest installment in a multi-year research effort providing insights into the commercial real estate search behavior of commercial property tenants and investors.

Key Points: 
  • Today, LoopNet , a CoStar Group (NASDAQ: CSGP) company, issued the latest installment in a multi-year research effort providing insights into the commercial real estate search behavior of commercial property tenants and investors.
  • The research was led by Market Connections , a third-party research company commissioned by LoopNet and in partnership with Google.
  • The study polled 400 tenants and investors to determine what sources they use to search for commercial real estate and the role of their broker in their search process.
  • According to the study of US Commercial Real Estate tenants and investors:
    78% of investors and 80% of tenants agree that the internet is essential to their commercial property searches.

Chapter 11 Filings Increase in First Quarter of 2023: Is This the Start of a Trend?

Retrieved on: 
Wednesday, May 10, 2023

Chapter 11 and Real Estate show measurable increases in the last quarter, but Health Care, while still high, remains steady with no major surge this quarter.

Key Points: 
  • Chapter 11 and Real Estate show measurable increases in the last quarter, but Health Care, while still high, remains steady with no major surge this quarter.
  • The first quarter of 2023 proved to have the anticipated increase in Chapter 11 filings as numbers continue to tick up.
  • Even with the increase in Chapter 11 filings, industry experts are not sure it’s a trend just yet, with inflationary pressure and high interest rates still playing a role in increased filings.
  • However, Chapter 11 trends remain difficult to predict and it appears to be increasing slowly but gradually quarter by quarter.

RESAAS Adds Commercial Real Estate Vice President Howard Bregman to Advisory Board

Retrieved on: 
Thursday, March 9, 2023

Mr. Bregman is Director of National Retail Group and Vice President of one of the largest commercial real estate investment sales brokerage and capital markets advisory in North America.

Key Points: 
  • Mr. Bregman is Director of National Retail Group and Vice President of one of the largest commercial real estate investment sales brokerage and capital markets advisory in North America.
  • "The Commercial Real Estate sector has been crying out for a solution like RESAAS," said Howard Bregman.
  • "RESAAS is proud to welcome Mr. Bregman to the RESAAS Advisory Board," said Tom Rossiter, CEO of RESAAS.
  • RESAAS's unique real estate data and global industry experience has positioned the Company to enter the $16 Trillion* Commercial Real Estate sector."

Smith+Nephew receives Innovative Technology designation from Vizient for LEAF™ Patient Monitoring System

Retrieved on: 
Monday, January 30, 2023

LONDON, Jan. 30, 2023 /PRNewswire/ -- Smith+Nephew (LSE:SN, NYSE:SNN), the global medical technology company, today announces that its LEAF Patient Monitoring System has received an Innovative Technology designation from Vizient, Inc., the largest healthcare performance improvement company in the United States. Smith+Nephew exhibited the LEAF Patient Monitoring System at the Vizient Innovative Technology Exchange on October 17th in Dallas, Texas.

Key Points: 
  • LONDON, Jan. 30, 2023 /PRNewswire/ -- Smith+Nephew (LSE:SN, NYSE:SNN), the global medical technology company, today announces that its LEAF Patient Monitoring System has received an Innovative Technology designation from Vizient, Inc., the largest healthcare performance improvement company in the United States.
  • Smith+Nephew exhibited the LEAF Patient Monitoring System at the Vizient Innovative Technology Exchange on October 17th in Dallas, Texas.
  • "We will not settle until we've solved this challenge and are excited for the role our LEAF Patient Monitoring System will play - fast becoming a standard of patient care in the U.S. and reducing facility costs."
  • Schutt SC, Tarver C, Pezzani M. Pilot study: Assessing the effect of continual position monitoring technology on compliance with patient turning protocols.

Distress Levels Hold Steady Through the Fourth Quarter of 2022

Retrieved on: 
Thursday, February 9, 2023

NEW YORK, Feb. 09, 2023 (GLOBE NEWSWIRE) -- As expected, levels of distress detailed in the newest Polsinelli-TrBK Distress Indices Report held steady through the fourth quarter of 2022.

Key Points: 
  • NEW YORK, Feb. 09, 2023 (GLOBE NEWSWIRE) -- As expected, levels of distress detailed in the newest Polsinelli-TrBK Distress Indices Report held steady through the fourth quarter of 2022.
  • Real Estate saw continued distress, maintaining a steady level of filings with a slight uptick in the fourth quarter.
  • Other significant updates in the report include:
    The Chapter 11 Distress Research Index was 34.44 for the fourth quarter of 2022.
  • The Health Care Services Distress Research Index was 125.00 for the fourth quarter of 2022.

Microshare names Michael Schoen to lead new global real estate practice

Retrieved on: 
Tuesday, November 29, 2022

PHILADELPHIA, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Microshare , a leading Smart Building technology and sustainability data firm, announced today that it has named real estate veteran Michael Schoen to lead a new Global Real Estate practice and sharpen the companys focus on the Commercial Real Estate (CRE) sector through an expanded New York City presence.

Key Points: 
  • PHILADELPHIA, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Microshare , a leading Smart Building technology and sustainability data firm, announced today that it has named real estate veteran Michael Schoen to lead a new Global Real Estate practice and sharpen the companys focus on the Commercial Real Estate (CRE) sector through an expanded New York City presence.
  • In the newly created role of Global Head of Real Estate, Schoen will help landlords and tenants realize the value of Microshares data solutions, which use cost-efficient wireless Internet of Things (IoT) technology.
  • Toronto-based Lindsay Pick , a three-year Microshare veteran, has also jumped to his team, bringing with her client Kilroy Realty Corporation, a Los Angeles-based real estate investment trust.
  • Microshare creates data where none existed before, enabling a full spectrum view into the performance, value, safety and sustainability of real estate assets.