REITs Set to Gain from Amazon HQ2 Decision

November 14, 2018 ·

REITs active in the office, multifamily, and retail sectors, including JBG SMITH (NYSE: JBGS), are expected to be among the main beneficiaries of Amazon’s decision to locate two new headquarters in Northern Virginia and Long Island City, New York.

Amazon said Nov. 13 that it will invest $5 billion and create more than 50,000 jobs across the two new headquarters locations. It has also selected Nashville for a new Center of Excellence for its operations business.

MIT’s David Edelman on How Advanced Technology is Changing the Political and Cultural Landscape

November 09, 2018 ·

At Nareit’s REITworld: 2018 Annual Conference, the closing lunch general session featured David Edelman, MIT scholar and former White House tech adviser. Edelman split his presentation into three topics—artificial intelligence, cybersecurity, and geopolitics—making predictions about how each may affect society in the coming years. Edelman said that while we can expect great technological advancements, we must also remember the importance of emotional intelligence that only humans can bring to the table.

Bockorny and Podesta React to Midterm Elections

November 08, 2018 ·

Just two days after the 2018 midterm elections in the U.S., Nareit presented a panel session featuring experts from both sides of the political aisle. Heather Podesta, founder and CEO of Invariant, brought a Democratic view, while Dave Bockorny, executive chairman and CEO of the Bockorny Group, presented from a Republican standpoint. Nareit’sTony Edwards, executive vice president and general counsel, moderated the Spotlight Session, titled Welcome to the Second Day of the 2020 Elections.