Commercial Real Estate & Business News – March 15, 2022

Sandwiched between the success of construction software company Procore’s $634.5 million IPO and the bankruptcy of Silicon Valley construction tech start-up Katerra, approximately $32 billion in venture funding went to real estate tech companies, according to…»
There’s a push to pass a law that limits short-term investors from buying up homes and rental properties, then selling them at higher rates. Economists believe this practice has contributed to driving up San Diego’s housing prices more than 18% in the past year…»
If you saw the news of Dr. Jill Biden’s visit to Arizona or if you watched President Biden’s State of the Union address last week, you may have noticed that he seemed excited about the future of manufacturing. The president put the spotlight on Intel CEO Pat Gelsinger, who…»
The Omicron variant dealt the retail and office sectors a major setback in their journeys toward a return to post-COVID normalcy, but foot traffic data from reveals that a “significant recovery” was underway by mid-February of this year. The new variant…»
AUSTIN, Texas, March 10, 2022 /PRNewswire/ — Even before the war in Ukraine brought more uncertainty to an already turbulent stock market, 2022 held great promise for online property investing platform CrowdStreet. Its 2022 Investor Benchmark Survey found…»