Property Management

Breakthrough Energy Ventures invested $22 million in Aeroseal LLC, which helps improve energy efficiency in homes and office buildings.

Opportunities—and pitfalls—abound when it comes to leasing to cannabis businesses in the newly opening market of adult use marijuana in the New York metropolitan area and beyond.

For the week spanning June 1-8, the state saw 2,000 more arrivals than it did in the same period in 2019. But it’s facing a shortage of hospitality workers.

More outside space and on-site co-working amenities are now being incorporated into multifamily properties.

Ideas under consideration include art installations in office towers and food courts, outdoor work spaces, after-work events and concierge services.

Adaption of sustainable building practices will make industrial property managers’ jobs easier.

Multiple stakeholders claim the incentive makes solar cheaper for those who can already afford the systems, but drives up power bills for those who can’t.

Both tenants and investors are increasingly focusing on office building’s carbon footprints when considering new deals.

Nuveen Real Estate plans to offer its tenant firms everything from concierges to gyms to help refill its office buildings.