U.S. Architecture Billings Index Slips in March

AIA | April 18, 2019

U.S. Architecture Billings Index Slips in March
According to a new data released this week today from The American Institute of Architects (AIA), following consistently increasing demand for design services for over two years, the Architecture Billings Index (ABI) dipped into negative territory in March 2019. The ABI score for March was 47.8, down from 50.3 in February. Indicators of work in the pipeline, including inquiries into new projects and the value of new design contracts remained positive.

Spotlight

In turbulent times like these, the future can seem uncertain. However, commercial real estate investors are advised to look beyond the current economic cycle and to focus on long-term trends that are changing global markets and creating new opportunities. Watch out for these three key megatrends.


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REAL ESTATE INVESTMENT

CIM Real Estate Finance Trust, Inc. Announces Merger Agreement with CIM Income NAV, Inc.

CIM Group | September 23, 2021

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REAL ESTATE INVESTMENT

Douglas Elliman Announces Strategic Investment in Bilt Rewards

Douglas Elliman | September 22, 2021

New Valley Ventures, an investment vehicle managed by Douglas Elliman's parent company, Vector Group, announced a renter rewards program via strategic investment in Bilt Rewards, the first loyalty program and co-brand credit card for renters. The investment comes as Douglas Elliman officially joins the Bilt Rewards Alliance, a network of more than 2 million rental units across the country where renters can enroll in the loyalty program to earn points on rent with no fees. We are proud to support and align ourselves with Bilt Rewards as its program fills a gap in the market to set renters up for financial success and encourage a path towards homeownership....

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REAL ESTATE INVESTMENT

Standard Real Estate Investments and Belay Investment Group Announce Strategic Investment Program

Standard Real Estate Investments | September 21, 2021

Standard Real Estate Investments, LP , a minority-owned real estate private equity firm focused on providing joint venture equity to developers, has formed a strategic investment program with Belay Investment Group, LLC (Belay). We are proud to be aligned with Belay. They are a thoughtful, experienced team that shares our vision for how commercial investment actions can affect positive social change. Only two percent of professionally managed real estate is managed by minorities or women. This needs to change. Standard is just one part of a broader mobilization across the industry working to make it happen. <...

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MARKET OUTLOOK

Majid Al Futtaim Properties Selects Newgen for Automating Enterprise-wide Document and Records

Newgen Software | September 20, 2021

Newgen Software, a global provider of digital transformation platform, is pleased to announce that the Dubai-based Majid Al Futtaim Properties has selected Newgen to digitize its records and documents, as part of its enterprise-wide strategic digital transformation initiative. Majid Al Futtaim Properties will use Newgen's document management system (DMS)—part of the contextual content services platform to manage business-critical records while maintaining security and ensuring regulatory compliance. Newgen will help them build a central repository for enabling remote, secure, and easy access to content. This will ensure end-to-end management of enterprise content fro...

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Spotlight

In turbulent times like these, the future can seem uncertain. However, commercial real estate investors are advised to look beyond the current economic cycle and to focus on long-term trends that are changing global markets and creating new opportunities. Watch out for these three key megatrends.

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