“Right now, developers are creating the wheel every time they start a new housing project, which is not only inefficient, but also expensive,” says co-founder of Madelon Group.
The billionaire developer made the pledge at the prodding of City Attorney Mike Feuer during a mayoral debate at the University of Southern California.
Prologis is bidding to buy Blackstone’s multi-billion-dollar warehouse portfolio, reports Reuters. A new SEC proposal throws a wrench in companies’ plans for climate change compliance, according to Fortune. These are among today’s must reads from...