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Zillow Group CEO Rich Barton on why he’s bullish about real estate despite pandemic

GeekWire

The Zillow Group CEO expressed optimism for the future of real estate despite a global pandemic that has slowed home sales and leaves the industry with an uncertain future. It is leaning on technology such as virtual home showings in the meantime. ” The Seattle real estate giant posted Q1 revenue of $1.1

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Redfin beats Q4 earnings estimates with $244M in revenue and record traffic

GeekWire

A hot real estate market helped Redfin’s monthly active visitors grow to a record 44.1 million, while net losses dropped to $18.5 Redfin and other real estate tech companies including fellow Seattle giant Zillow Group are benefiting from a strong U.S. million, up from 30.6 million from $80.8 million in 2019.

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IT Vortex: The Effort to Achieve Net Zero Carbon Emissions is Far More Than a Business Goal

CIO Business Intelligence

Offering a diverse array of cloud solutions, IT Vortex’s customers include enterprises in industries from manufacturing and mining to fashion and real estate. All steps are being taken at IT Vortex’s data centers in Arizona, California, Colorado, and New Jersey.

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Zillow Group CEO Rich Barton on the ?great reshuffling,? and why he?s optimistic about it

GeekWire

“This crisis is causing a great reshuffling,” said Barton, speaking Thursday during a GeekWire virtual event titled How to Build an Enduring Culture in the Era of COVID-19. Over the past two months, Barton said the data was clear when it came to residential real estate. billion, up 148% year-over-year.

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Real estate giant Redfin beats Q2 estimates with $214M in revenue; CEO says ‘we’re inside a tornado’

GeekWire

Seattle-based real estate company Redfin topped Wall Street estimates for its second quarter earnings , reporting $214 million in revenue, up 8%, and a net loss per share of $0.08. The real estate market is on a roller coaster this year as buying activity slowed due to the pandemic but has rebounded in recent months.

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GI Partners Buys LA Telecom Hub One Wilshire » Data Center.

Data Center Knowledge

The new owner, a long-time player in data center real estate, acquired the building from Hines Property Trust. The 30-story building in downtown Los Angeles has more than 300 tenants, including dozens of data center firms and telecom carriers. ” The Data Center Premium. . ” The Data Center Premium.

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Modular architecture drives productivity and risk management at Gilbane

CIO Business Intelligence

Gilbane is one of the largest privately-held real estate development and construction companies in the US. Rather than divide IT, digital, and data into different functional leadership roles, Gilbane’s executive management decided, for the first time, to put all of these transformational teams under one leader. “In