Insufficient staff, outdated processes expose firms to risk: survey

Only 37% of surveyed respondents believe that their organizations have sufficient staffing to properly run compliance programs and internal controls, FloQast found.

By Elizabeth Flood • June 29, 2023

Despite challenges, real estate pros are optimistic

After hitting rock bottom, industry sentiment is on the rise again despite fears of a mild recession.

By Mary Salmonsen • June 27, 2023

New York, Minnesota latest states to target noncompetes

Minnesota recently passed, and New York is close to passing, laws prohibiting employers from using agreements to prevent employees from going to a competitor.  

By Robert Freedman • June 22, 2023

GridPoint scoops $150M from Hannon Armstrong amid decarbonization roadblocks

The GridPoint-HASI agreement, which will reduce upfront costs for customers, is expected to drive deployment to more than 100,000 commercial buildings.

By Nish Amarnath • June 22, 2023

Calera closes $750M continuation fund for healthcare laundry service provider

Since the PE firm’s first investment in the company, ImageFirst has grown rapidly through acquisitions, with 25 since 2018.

By Joe Burns • June 20, 2023

Most commercial tenants plan to cut office space at lease end, report finds

With 68% of large companies looking to reduce their portfolio size, facility leaders will need to rethink lease negotiations, according to a CBRE survey.

By Joe Burns • June 9, 2023

7 trends shaping facilities management in 2023

Sustainability mandates, return-to-office and IoT growth have facilities leaders leaning on tech and outsourcing to meet budgets and streamline operations.

By Joe Burns , Shaun Lucas • June 5, 2023

Measurabl raises $93M series D funding to help consolidate real estate ESG tools

Demand for reporting and tracking platforms has jumped as companies grapple with decarbonization and sustainability standards.

By Joe Burns • June 1, 2023

Equiem buys workplace management software company

The commercial tenant experience provider says the integration of SpaceOS’ services will help grow its footprint to more than 25 countries.

By Joe Burns • May 30, 2023

J&J Worldwide Services wins spot on $75B HHS contract

The company will provide facility management services and direct care for unaccompanied children who have been transferred from the Department of Homeland Security.

By Joe Burns • May 23, 2023

Rents continue rising, with moderate growth expected through 2023

Tightening credit, a slowdown in construction and lower consumer savings may constrict the sector in the near future, according to a new report.

By Mary Salmonsen • May 15, 2023

Ryder sells HQ in Florida for $42M, kicks off search for smaller space

Remote and hybrid work contributed to the logistics and transportation company’s decision to look for new space.

By David Taube • March 8, 2023