GeekWire
MAY 4, 2023
But the Seattle real estate giant sees some silver linings. The company’s real estate services division, its primary source of revenue, dropped nearly 30% to $127 million. Kelman said the company’s 2023 budgeting assumption predicts 4.3 Redfin’s revenue fell 45% in the first quarter to $325.7
GeekWire
APRIL 4, 2024
It also marked the ninth straight quarter of negative net office absorption, which is calculated by the total amount of space leased minus the total space vacated in a given quarter. Companies are reducing real estate footprints with the adoption of hybrid work policies. In Seattle, vacancy rates increased from 16.6%
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GeekWire
FEBRUARY 17, 2021
Eleven data center deals are now the subject of a suit by Amazon vs. two former AWS real estate managers and others. Two of the participants in the August 2017 meeting — Casey Kirschner, an AWS real estate manager, and Carl Nelson, Kirschner’s boss and mentor — were leading that physical expansion for Amazon.
GeekWire
NOVEMBER 29, 2022
Now the city is using the surplus to help close major gaps in its budget. ” Seattle already faced operating deficits of $141 million for 2023 and $152 million for 2024 before the budget planning process began this fall. .” (GeekWire Photo / Kurt Schlosser). million from the General Fund, and $4.5
GeekWire
AUGUST 3, 2023
The Seattle real estate giant reported total revenue of $275.6 The company’s real estate services division, its primary source of revenue, dropped more than 28% to $180.6 ” Kelman said the company maintains its budgeting assumption of 4.3 Redfin’s mortgage revenue was $38.4 million existing U.S.
GeekWire
NOVEMBER 30, 2022
billion city budget for 2023 will not include funds sought by Mayor Bruce Harrell for gunshot detection technology. The Atlanta Police Department announced last week that it was passing on the technology after a six-month trial because it doesn’t haven’t room in its budget for the system. ShotSpotter Photo). During an Oct.
GeekWire
APRIL 5, 2023
” Mosqueda, also the city council’s budget chair, said she is not considering pursuing a capital gains tax ordinance independently. “If you are looking for a local jurisdiction that does not impose a net income tax, but does tax capital gains, I don’t have an example.”
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