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South Florida hoteliers are holding off on artificial intelligence.
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Heitman, PGIM and Newmark have all flagged high-quality office towers as strong buy candidates after having their valuations battered by the pandemic.
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National office vacancy dipped 10 basis points from last year, with 53% of the markets tracked by Cushman & Wakefield notching declines.
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Despite Texas' data center dominance, there is still strong demand in California, and developers say it may be worth the extra effort.
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The massive AI training cluster in Richland Parish, Louisiana, was originally planned as a $10B investment.
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Walker & Dunlop's Ivy Zelman hosted a panel on the demographic changes altering housing demand, the impacts of AI, and the state of multifamily.
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The brokerage outperformed peers, with net income up 92% and adjusted earnings per share leaping 59% year-over-year as it rides a wave of tenant demand.
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Metropolis, the nation's largest parking operator, has introduced proprietary technology that is reshaping parking into a data-driven operational strategy.
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Elon Musk's SpaceX and Tesla announced their investment in Terafab, a $16.8B Texas chip factory, to boost AI tech.
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AI in real estate aims to cut delays, not jobs, enhancing processes.
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