CBRE backs a Buy rating on Gaming and Leisure Properties after earnings, citing the company's expansion in the gaming sector despite sluggish market. Read more.

Gaming and Leisure Properties is viewed favorably by CBRE after earnings

Global luxury real estate brand Christie's International Real Estate is launching a major expansion in Northern California led by a pair of established local

Christie's International Real Estate Launches Major Expansion To Serve San Francisco, Marin County and the Wine Country

TULSA – CBRE, which identifies as the largest commercial real estate services and investment ... a small park and several restaurants with outdoor seating. CBRE Group Inc., a Fortune 500 and S&P 500 company headquartered in Dallas, has approximately ...

Firm’s new Tulsa office designed to showcase ‘future of work’

There's been a shakeup in ownership of a 28-story high-rise office building in downtown Detroit's Financial District. A Grosse Pointe family office, Tribus LLC, has bought out Foster Financial Co.'s ownership interest in the tower at 211 W.

Foster Financial bought out of Detroit high-rise partnership by Grosse Pointe family office

Real estate agent-related stocks closed lower Tuesday after a jury struck a blow to the home-selling commission structure. Analysts say the case and others like it could change the way brokers are paid, reduce commissions, and slash agent head count—but this verdict isn’t the final word.

Jury Strikes Blow to Real Estate Agent Commissions

When Cuyahoga County launched a search for a new or renovated home for its courts, it wasn’t clear how the market would respond. Now we know.

Seven groups respond to Cuyahoga County's Justice Center RFP

Real estate may be one of the most rewarding opportunities of 2024. For one, according to the National Association of Realtors (NAR), home prices could rise by 2.6% in 2024, as noted by CNBC. Two, “NAR expects mortgage rates to drop closer to 6%

Five of the Top Real Estate Stocks to Buy and Hold in 2024

But what about the township of Enterprise and the southwest portion of the valley? According to statistics from Clark County, Enterprise is the fastest-growing unincorporated area in the valley and if it incorporated, it would be the fourth-largest city behind Las Vegas, Henderson and North Las Vegas.

This town in the southwest valley is one of the fastest-growing areas in US

CBRE’s Russell Hodges and Bubba Harkins represented the landlord, Azrieli Group, a Tel Aviv-based real estate and holding company. The lease was signed in late summer, according to Brown. Audubon’s communications manager did not respond to emails ...

Audubon Engineering moves Houston corporate office 7 miles up Beltway 8

CBREDALLAS, TX / ACCESSWIRE / October 31, 2023 / CBRE announced that Stephanie Greene joined as Managing Director and Sustainability Solutions Leader for Americas Consulting.Ms. Greene brings nearly two decades of experience in sustainability and

Sustainability Solutions Consulting Specialist Stephanie Greene Joins CBRE

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Over the past decade, we have witnessed the emergence of new technologies such as blockchain technology. Blockchain can be described as a value-exchange protocol. In this regard, it is said that what the Internet did for the exchange of information, the blockchain will do for the exchange of value. Just as the Internet revolutionized the use and exchange of information, same with blockchain technology; it is set to revolutionize the recording and exchange of value. As we are making the transition to a fully digital economy, it is important to focus on how the new technologies can improve our daily lives and add value to our society and global economy. Connectivity, accessibility, and interoperability are essential as the increase of globalization provides a need to transact and connect with each other no matter where we are. Businesses and individuals increasingly expect everything in their lives to move instantly. This is mainly because of smartphones and apps where nearly anything is attainable at the press of a button, but when it comes to money and financial service providers, they are often left with bad experiences. The needs of individuals and businesses sending payments across borders have significantly evolved. They have traditionally been served by retail banks, which are not meeting their payment needs and are demanding real-time, low-cost, and fully trackable payments on a global scale. But today’s inefficient system of moving money around the world means high costs for banks and payment providers. This is because an obsolete payments infrastructure, designed almost five decades ago, leads to expensive and slow transactions that can take days to settle with little certainty as to their ultimate success. This experience runs contrary to people’s expectations for an Internet of Value, where money moves as quickly and seamlessly as information. There are more than $5 trillion sitting idle all over the world in bank accounts just to make transactions around the world. This could change if financial institutions adopted blockchain technology and crypto assets, which would lead to less costs, increased speed, better liquidity management for financial institutions and better customer experience. Blockchain has the potential to change almost every industry out there. It can create a more efficient and prosperous world. Crypto-assets have also sparked a broader debate on payments innovation and on the roles of the private and public sectors in devising new ways to make payments more affordable, efficient and inclusive. Consumerization of these solutions, and technologies including mobile wallets and blockchain, are leveling the playing field and allowing new entrants to compete with the handful of large banks that have historically dominated cross-border payments. Blockchain offers a cryptographically secure, end-to-end payment flow with transaction immutability and consistency in information sharing. The is a concept proposed by Ripple which envisions a world where value moves and is exchanged like information is exchanged today in the Internet era. With the Internet of Value, a value transaction such as a foreign currency payment can happen instantly, just as how people have been sharing messages, images, and videos online for years. And it’s not just money. Internet of Value The Internet of Value can enable the exchange of any asset that is of value to someone, including stocks, votes, frequent flyer points, securities, intellectual property, music, scientific discoveries, and more. Until now, selling, buying, or exchanging these assets has required an intermediary like a bank, credit card company, and generally third-party services. Blockchain allows any type of asset to be transferred from one party directly to another, with no middleman. The transfer is validated, permanent, and completed instantly. Blockchain technology along with crypto assets are key elements enabling this process. By creating a shared ledger where people can own their own data, it also enables a shift in the locus of value within the economy to the individual and networks. In a world of limited connectivity, limited transparency, and limited peer-to-peer trust it was necessary to have third-party institutions define, quantify and authenticate sources of value within society, and the economy. But in a world of pervasive peer-to-peer connectivity, transparency, and trusted networks, value can be defined through negotiation between peers within distributed networks. On a macro-economic level, the Internet of Value could also help drive down the cost of goods and transactions as the liquidity would increase. In today’s country-specific systems, companies and banks must tie up large sums of money in local currencies for countries in which they do business in order to make transactions. An Internet of Value that eliminates the need for these accounts suddenly frees up large sums of cash that can be more effectively put to use in the global economy. The potential use cases are plenty, from instant transactions to tokenization of assets, lending, smoother international trade, more robust digital agreements, and more. 1. Settlement of funds Blockchain technology and crypto-assets can simplify the entire process of payments and remittances, by removing unnecessary intermediaries. They can provide frictionless and instant payment and settlement solutions. Unlike traditional services and systems, a blockchain system doesn’t rely on a slow process of approving transactions, which usually goes through several mediators and requires a lot of manual work. They have the potential to disrupt not only the world’s currency market, but also the banking industry as a whole by cutting out the unnecessary intermediaries and replacing them with a trustless, borderless, and transparent system that is easy to access by anyone. The use of crypto assets as a bridge currency for cross-currency transactions can eliminate the need of banks and payment providers to hold nostro-vostro accounts with foreign currencies. This means that the trillions of dollars trapped in multiple currencies to make cross-border payments could be unlocked and used more productively to benefit the global economy. With a crypto asset as a bridge, banks only have to hold their domestic currency which minimizes the number of intermediaries involved, and their markup on spreads which can save money, time and enable instant settlement with real transfer of value. One notable example is the crypto asset XRP, which is used by Ripple and financial institutions for that reason, since it's very fast and cheap to transfer. 2. Asset tokenization Buying and selling securities and other assets, such as stocks, bonds, commodities, and derivatives requires a complex, coordinated effort between banks, brokers, clearing-houses, and exchanges. This process not only has to be efficient, but it also needs to be accurate and added complexity directly corresponds with increased time and cost. Blockchain technology simplifies this process by providing a technological base layer that enables the easy tokenization of all different types of assets. Since most financial assets are bought and sold digitally through online brokers, tokenizing them on the blockchain is a convenient solution for all involved. Some innovative blockchain companies are investigating tokenizing real-world assets, such as real estate, commodities, and art. This would make transferring ownership of assets that hold real-world value a cheap, fast and convenient process. It would also open up new avenues for investors with limited capital by enabling them to buy fractional ownership of expensive assets or investment products that might have been unavailable to them previously. 3. Lending Banks and other lending firms have monopolized the lending sector, allowing them to offer loans at relatively high-interest rates, and restrict access to capital based on credit scores and other parameters. This makes the process of borrowing money difficult and expensive. While banks have the advantage, the economy depends on banks providing the necessary funds for higher-cost items, such as houses and cars. Blockchain technology allows anyone in the world to participate in a new type of lending ecosystem, which is part of Decentralized Finance (DeFi). To create a more accessible financial system, DeFi aims to put all financial applications on top of blockchain systems. Peer-to-peer money lending allows anyone to borrow and lend money in a simple, secure, and inexpensive way with no arbitrary restrictions. With a more competitive lending landscape, banks and firms will also be forced to offer better terms to their customers. 4. Trade finance Engaging in international trade is very inconvenient due to a large number of international rules and regulations imposed on importers and exporters. Keeping track of goods and moving them through each stage still requires manual processes, which are filled with hand-written documentation and ledgers. Blockchain allows trade finance participants to provide a higher level of transparency through a shared ledger that accurately tracks goods moving around the world. By simplifying and streamlining the complex world of trade finance, blockchain can save importers, exporters, and other businesses a significant amount of time and money. 5. Safer agreements with smart contracts Contracts exist to protect individuals and businesses when they enter into agreements, but that protection comes at a high cost. Due to the complicated nature of contracts, the process of creating one requires a lot of manual work from legal experts and it takes both time and money. Smart contracts can enable the automation of agreements through tamper-proof, deterministic code that is running on the blockchain. Money or assets can safely stay in escrow and are only released when certain conditions of the agreement are fulfilled. Smart contracts reduce the element of trust needed to reach an agreement, minimizing the risks of financial agreements and the odds of ending up in court. 6. Data integrity and security Sharing data with trusted intermediaries and companies always carries a risk of the data being compromised. In addition to that, many financial institutions still use paper-based storage methods, which increases risk of loss and recordkeeping costs significantly. Blockchain enables streamlined processes that automate data verification and reporting, digitize KYC/AML data and transaction history, and allow the real-time authentication of financial documents. This reduces operational risks, risk of fraud, and decreases the cost of handling data for financial institutions. Conclusions The potential benefits of the blockchain are more than just economic. They extend into political, humanitarian, social, and scientific domains. The technological capacity of the blockchain is already being harnessed by specific groups to address real-world problems. Blockchain penetration could facilitate increased financial inclusion in emerging markets, as financial services on the blockchain gain critical mass. It could also drive the disintermediation of financial institutions, as new services and value exchanges are created directly on the blockchain. There is already an entire industry built around blockchain and crypto assets and it is held by institutions dedicated to supervising all the digital crypto-asset exchanges taking place throughout the world. The crypto asset industry is growing quickly and the economy is slowly shifting to adapt to these needs and crypto assets have a great potential in satisfying them. There are now many apps and programs that facilitate the use of crypto-assets and bring them closer to a wider audience. An added benefit of crypto assets use is that it is open and decentralized, so trading can be done freely across borders at any time. The use of this technology will facilitate a financial revolution that will leave everyone more financially connected, empowered, and enabled. Sources: 1. https://gatehub.net/blog/what-is-the-internet-of-value/ 2. https://ripple.com/insights/the-internet-of-value-what-it-means-and-how-it-benefits-everyone/ 3. https://blockkeycapital.io/blog/blockchain-dlt/ 4. https://openmarkets.cmegroup.com/10381/what-is-an-internet-of-value 5. https://www.oecd.org/finance/2019-OECD-Global-Blockchain-Policy-Forum-SummaryReport.pdf 6. https://consensys.net/blockchain-use-cases/

6 Ways The Internet of Value Can Benefit the World Economy

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An espionage and hacking scandal broke out during the US presidential campaign in the summer of 2016. Quite unexpectedly, our company, , was involved. Today, I will talk about the way we managed to overcome this situation, what measures we took and what we learned. KingServers Intro Our company, KingServers, is a hosting company that provides single-unit servers rental and VPS for our customers and we also protect them from DDoS attacks. We have our equipment based in different countries: Eastern Europe, the Netherlands and the USA. We have been on the market for several years and now we’re making good progress. In addition, we have never experienced any particular problems and were not in the news headlines until the summer of 2016. We have always paid great attention to our customers’ feedback and we have constantly monitored any references to our company on different internet resources by setting-up special Google filters. Last year, on August the 29th, we learned (out of blue) that KingServers had been mentioned in a Washington Post article. This article was placed in the “national security” section and it concerned the hacking of the electoral system in one of the States. In addition, the authors of the article claimed that the attack was performed by “Russian hackers” that had used our company’s equipment. The journalists quoted data from private information security analysts. What happened later could be described in a simple word — a wave. It quickly became apparent that this news was travelling very fast and gathering a lot of interest. We didn’t expect to find our company in the middle of an international espionage and hacking scandal. We had to decide what measures to take. Attack is the Best Defense At first, this situation was not pleasant. Our services are provided to customers working in different domains, and the fact that we were suspected of dealing with hackers, controlled by the Russian special forces which then attacked the US presidential elections systems, was not very positive for our reputation. On the other hand, we realized that we had no real guilt. In addition, the US intelligence services didn’t bother us with any inquiries. Plus, the hacker attack took place in the summer, and at that time I was on holiday in Thailand, and no one tried to arrest me or even to interrogate me. Having calmed down a little bit, we made up our minds to benefit from the situation. It goes without saying that we didn’t have any experience in working with the media, so we acted on our intuition. We decided to use an equally powerful and well-known media, similar to the Washington Post, as a response. We got in touch with the editor of the NY Times and offered to tell him about our vision of the situation. Two days later, a journalist from the NY Times arrived at our town (Biysk, Russia) and interviewed me. This article added some fuel to the fire, but actually we were unable to influence the general course of the publications around the world. Journalists and bloggers did not really want to study our case closely. As a result, their articles were exaggerated and inaccurate. Sometimes they simply published their fictions. For instance, some guy studied my tattoos from the photos published by the NY Times and then made a conclusion that one of my tattoos resembled the cybergroup “Anonymous” logo and claimed that this confirms indirectly that I am the organizer of these cyberattacks. Others paid attention to where I live claiming, “he lives near the Mongolian border and obviously, he chose this place so that he could escape in case he was discovered”. Almost every journalist wrote that my company and I were accused by the US authorities of hacking. Yet we didn’t get any requests or accusations from the US authorities or special services. One of the newspapers addressed the data center where our equipment was situated. When our partners asked the journalists why they were interested in our case, they answered honestly saying, “it gives us a lot of clicks”. A hot topic means traffic and growth in advertising. Therefore, we can say that by publishing inaccurate information, newspapers and blogs solve their business problems. The situation was quite worrying because we didn’t know what reactions to expect from our customers seeing a continuous stream of negative information on our company on the web. Anything but a Necrologue The media hysteria had no impact on our company’s operations. We kept on doing our business. We did not expect that the black PR in the media would strongly influence our team, because we sincerely discussed everything and we knew perfectly well that the situation was just too exaggerated. Our company’s website traffic diagram A pleasant surprise was that this did not confuse our customers at all. OK, some of them asked questions and they were interested in the company’s perspective — and we gave them our opinion. However, there weren’t many enquiries and a lot of customers just ignored the situation. Nevertheless, we also managed to receive a lot of new customers. As more articles appeared in various media, this the increased interest in our company.We also received new customers who had learnt of us in the news (though we usually work with the B2B segment). After the hacker scandal our profits increased despite the negativity in the media A couple weeks after our involvement in the hacking scandal, it became clear that we had actually benefited from the negative publicity. This was over six months after the events, and despite sсeptics’ predictions that we would lose all our customers, we see that, on the contrary, we were getting more and more. We still haven’t had any inquiries from other countries’ authorities and security services. I have recently returned from Europe, and I was of no interest there as far as authorities and investigations are concerned. I have recently visited Italy. How to Survive a Sudden Scandal: Five Practical Tips In conclusion, I would like to share our insights on this story — perhaps, our experience will help someone to overcome a sudden scandal with dignity and without any losses. — There are many companies developing various PR regulations, including negative feedback minimization. We think that it’s impossible to be prepared for a scandal like the one described in this article. Don’t prepare — If you really did anything wrong, that’s one thing. But accidental involvement in a scandal which turns out to be beneficial (as in our case) is another thing. If a scandal arrives, you need to understand your degree of guilt — After this rain in media, there comes a great temptation to close up and to not respond to any publications in press at all. However, this would only scare off your customers. So you’ll need some feedback in any case. It’s more useful to create an open company at first — The media have their own business. Yellow headers get more clicks and they sell more advertising. This means that your involvement in a scandal will be greatly highlighted. Journalists and bloggers aren’t usually eager to figure out who is right or wrong and write the truth in their article. The media doesn’t act impartially — Our situation was not morally pleasant but it did not hurt our business financially. In fact, it even helped to attract new customers and increase our profits. So, don’t be afraid of scandals. Bad PR is not only a disadvantage

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