First-of-its-kind Commercial Real Estate Platform InTheMarket to Launch in December

NEW YORK–(BUSINESS WIRE)–Nov 20, 2020–

InTheMarket (ITM), a new SaaS platform for the commercial real estate (CRE) leasing industry, designed and built specifically for tenant-rep brokers and landlords, will launch in New York City with a limited industry-only beta class of users in December and a full commercial launch in Q1 2021. ITM brings the entire CRE leasing process onto the cloud, delivering end-to-end workflows around every task in the tenant-rep experience— including the industry’s first interactive deal room where brokers and landlords negotiate proposal terms and execute deals, in-platform. ITM provides connectivity and access to stakeholders in a way that no other platform ever has, marking the next step in the evolution of PropTech.

InTheMarket’s custom product suite eliminates the “heavy lift” that tenant-rep brokers endure daily and reduces multi-hour projects to just a few minutes, materially improving efficiencies and response times. ITM’s custom-built portal for landlords and their

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Liuzza’s Restaurant & Bar, classic Creole-Italian restaurant in New Orleans, up for sale | Where NOLA Eats

A real estate ad posted this week has put a question mark over another beloved New Orleans restaurant. 

Liuzza’s Restaurant & Bar at 3636 Bienville St. is for sale. Speculation instantly swirled as to the reasons behind the move for the historic restaurant, as other local institutions have been roiled by change during the coronavirus pandemic.

In an interview Tuesday, prroprietors Lori and Frank Bordelon said they are selling the restaurant to retire. At 61 and 73, respectively, they feel the time is right to pass the business on to a new owner and begin a new chapter of life with more time for family.

“It’s been a lot of fun, the restaurant has kept life very interesting, but it’s time to move on,” Frank Bordelon said.

They confirmed that the restaurant will remain open for business as usual while they own it, at least under the terms of whatever

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Tokyo leader remains firm about hosting Olympics

TOKYO — Tokyo Governor Yuriko Koike remains firm about safely hosting the Olympics in July.

Japan has experienced an uptick in infections this month, with a nationwide daily total exceeding 2,000 as the government tries to balance preventive measures and business activity.

International Olympic Committee President Thomas Bach spent four days in Tokyo last week trying to assure the public and sponsors the Olympics will take place on July 23.

Koike credits widespread use of masks for Japan’s lower infections compared to the United States and Europe. Tokyo topped 500 cases last week. It reported 186 new cases on Tuesday for a total of nearly 38,200.


The health ministry says Japan has 135,000 total cases and nearly 2,000 confirmed deaths. The U.S. has 12.4 million cases and more than 258,000 deaths. Britain leads Europe with 1.5 million cases and 56,000 confirmed deaths.

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Amazon, Google, Facebook Boost Commercial Real Estate Market

Amazon's Jeff Bezos, Google's Sundar Pichai and Facebook's Mark Zuckerberg (Getty, iStock)

Amazon’s Jeff Bezos, Google’s Sundar Pichai and Facebook’s Mark Zuckerberg (Getty, iStock)

The sluggish commercial real estate market is getting a boost from tech giants Amazon and Facebook, which have emerged as some of the largest acquirers of real estate in recent years.

Five of the largest tech companies — Amazon, Facebook, Apple, Microsoft and Google’s parent company, Alphabet — now collectively occupy about 589 million square feet of U.S. real estate, according to the Wall Street Journal, citing data from CoStar Group. That is more than five times the space the sector occupied a decade ago.

Although some of these companies, including Facebook and Microsoft, are implementing flexible work-from-home policies in the wake of the pandemic, the sector is still making big bets on office space, warehouses and data centers. In 2020, the five tech firms have expanded their real-estate footprint by more than a quarter, marking the fastest

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Nursing homes will be first to get COVID-19 vaccine in Spain

MADRID (Reuters) – Elderly residents and staff in nursing homes will be the first to get vaccinated against the coronavirus in Spain, starting as early as January, Health Minister Salvador Illa said on Tuesday, unveiling a national vaccination plan.

FILE PHOTO: A woman holds a small bottle labeled with a “Vaccine COVID-19” sticker and a medical syringe in this illustration taken April 10, 2020. REUTERS/Dado Ruvic/File Photo

Other healthcare workers will be next in line, with a total of 18 groups of citizens being, one after the other, allowed to get the vaccine in one of 13,000 local public health centers.

Spain expects to cover a substantial part of the population within the first six months of 2021.

“The COVID-19 vaccine will be free,” Illa told a news conference, adding vaccination would not be compulsory. “We’re convinced that a vaccine is better accepted if it’s

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Searches For Homes In Urban Areas Up 200% From Last Year: Redfin

With the largest annual increase for searches in urban areas so far this year, new data from Redfin released Tuesday suggests Americans haven’t given up on cities just yet.

Since shortly after the COVID-19 pandemic began spreading across the country, the real estate industry has warned of an “urban exodus” as homebuyers fled densely populated urban areas in favor of the suburbs and rural areas.

However, new data from Redfin suggests that Americans haven’t given up on cities yet — on the contrary, pageviews of homes in large metro areas — which encompass cities and their suburbs — soared 200 percent between October 2019 and this past October. That jump is the largest annual increase for searches in urban areas this year, according to the Redfin data.

Meanwhile, pageviews of homes in rural areas also increased by 235 percent from the previous year. That figure, however, marks a deceleration from

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Home prices see biggest spike in 6 years in September

People walk into a house for sale in Floral Park, Nassau County, New York, on Sept. 6, 2020.

Wang Ying | Xinhua News Agency | Getty Images

Covid-induced demand from homebuyers over the summer caused an exceptionally strong spike in home prices.

Values jumped 7% annually in September, up from a 5.8% annual gain in August, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. That is the largest annual gain since September 2014. Prices are now nearly 23% higher than their last peak in 2006.

The 10-City Composite was up 6.2% year over year, up from 4.9% in the previous month. The 20-City Composite posted a 6.6% gain, up from 5.3% in the previous month. There was no reading for Detroit, due to data collection issues resulting from the pandemic.

This index is a three-month running average, so it represents prices from July through September, when

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Belgium approves more money for care homes hit by pandemic

BRUSSELS (AP) — Belgium’s northern region of Flanders approved 575 million euros ($680 million) Tuesday to support staff at nursing home and welfare facilities that has come under intense pressure during the coronavirus crisis.

During the first wave of the pandemic during the spring and again now, care homes have been centers of infections and deaths. Over the past several weeks, staff levels in several homes have dropped to a minimum because infected nurses and others have had to quarantine after contracting the virus. The army has had to reinforce staff in some cases to manage essential care.

The overall neglect has been that bad that Amnesty International said last week that authorities “abandoned” thousands of elderly who died in nursing homes during the first spring surge of the pandemic. The majority of deaths occurred in care facilities during the first wave while that has switched to deaths in hospitals

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VisitCentralItaly.com Promises a Lucky Ticket Holder a Chance to Win a House in Italy This December

11/23/2020, London // KISSPR //

London, UK – Visit Central Italy’s virtual draw will take place live via Facebook and hosted by none other than Stacy Layne Mattews of Rupaul’s Drag Race fame, on December 31st, 2020. The leading real estate company is currently selling a total of 7,000 tickets at just $50 USD each, allowing people to buy into a chance to own a home in Italy’s countryside. 

Ticket holders need to be at least 18 years of age at the time of the drawing/announcement. Multiple entries are allowed though mail-in entries are only one per home address/household. All ticket holders stand a chance to win a beautiful home in the Italian countryside, those who aren’t lucky enough to win the home can win other amazing prizes. A Carnival cruise for two is the second prize, with the third-place winner receiving a $1500 prepaid American Express Card, to be

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US Home Price Gains Accelerate as Pandemic Shakes up Housing | Business News

By CHRISTOPHER RUGABER, AP Economics Writer

WASHINGTON (AP) — U.S. home prices jumped in September as strong demand, low interest rates and the smallest number of available homes on record combined to push up housing costs.

The S&P CoreLogic Case-Shiller 20-city home price index, released Tuesday, showed that home prices rose 6.6% in September from a year earlier, much higher than its 5.3% increase in August. That is the biggest increase since April 2018.

The viral pandemic disrupted the spring home buying season, pushing many sales into the late summer and fall. Home sales jumped to the highest level in 14 years in September, a sign that the increased ability of some Americans to work from home and the desire for more space is spurring greater demand.

Prices skyrocketed 11.4% in Phoenix compared with a year earlier, the biggest gain nationwide. Seattle reported the second highest increase, at 10.1%, followed

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