The Biggest Challenges the Design Industry Faces Today

We also have to be mindful of health. The ubiquity of touchless [features], bringing sinks into public areas to encourage handwashing, HVAC systems installed in buildings with new levels of filtration—these features will be coming as the technology becomes better priced.

The last piece is inclusion and equity. We are building [an internal] database of Black professionals in the country. We have almost 2,000 people from the professions of architecture, interior design, graphic design, city planning, product design, and digital design [included], and it’s growing every day. We’re working with the AIA, NOMA [National Organization of Minority Architects], and others to ensure Gensler is a great place for Black architects. We’ve realized that it’s going to take intentionality. We have to look at our systems, and where we look for candidates. We’re really taking seriously the fact that we need to find talent in architecture, urban design, graphic design, and building from a lot of different sources.

Gary Wheeler

CEO, American Society of Interior Designers

I see this pandemic, as horrible as it is, as a huge opportunity for the profession. What it’s doing for interior designers especially is showing others that interiors are the core to moving forward. The

Read More

15 Biggest Real Estate Companies in the World

In this article, we are going to list the 15 biggest real estate companies in the world. Click to skip ahead and jump to the 5 biggest real estate companies in the world. The real estate industry is a big business that generates hundreds of billions of dollars of revenue annually, and there are plenty of opportunities for investors to make a profit. The real estate industry includes many aspects of a property, including all the development, valuation, marketing, sale, leasing, and management of commercial, industrial, residential, and agricultural properties.

If we come to think of it, real estate is a cyclical industry that responds to macroeconomic trends such as interest rates, population growth, and economic strength. Today, the real estate industry is one of the most highly profitable sectors of the U.S. economy and remains to provide opportunities for interested and motivated investors. But before that, the industry experienced a rollercoaster of events that marked the history of real estate in the country. Real estate rose in the post-World War II economic boom of the 1950s, plunged in the inflation-ridden 1970s, soared again in the early 1980s until the depression at the end of that decade, and

Read More

Biggest LA Real Estate Stories 2020

From left, Michael Rosenfeld and Century Plaza, Jose Huizar and City Hall, Jeff Bezos and 1801 Angelo Drive
From left, Michael Rosenfeld and Century Plaza, Jose Huizar and City Hall, Jeff Bezos and 1801 Angelo Drive (Getty Images)

“It was the best of times, it was the worst of times. It was the season of darkness, it was the spring of hope, it was the winter of despair.”

Charles Dickens sure nailed the state of the Los Angeles real estate market in 2020.

While the office market stared into the abyss and retail continued to get pummeled, the top of the residential market went into overdrive. Spec developers who flew too close to the sun got burned, while others who hoped to score political brownie points got ensnared in a major City Hall scandal.

Here are some of the year’s biggest highlights.

Filthy lucre

One of the largest political corruption scandals in L.A. history put a spotlight on real estate developers this year.

In June, a 116-page affidavit detailed how former L.A. City Council member Jose Huizar, a central character in DTLA’s renaissance, allegedly shook down Carmel Partners, a prominent builder with several projects in the city.

The affidavit included lurid details of how Carmel Partners gave $125,000 to Huizar and volunteered to provide opposition research on “two

Read More

Biggest Real Estate Stories of 2020

Clockwise from left: Donald Trump, Joe Biden, Airbnb CEO Brian Chesky, Opendoor CEO Eric Wu, Black Lives Matter protests (Illustration by The Real Deal)

“Unprecedented” may have been overused in news stories this year, but no word better describes the events of 2020.

The coronavirus pandemic defined the year, claiming several hundred thousand American lives and wiping out millions of jobs. Huge sectors of the economy were shut down, flipping the real estate industry on its head and forcing developers, landlords and brokers to scramble. Covid exacerbated problems in brick-and-mortar retail, strained offices and housing in city centers and pushed the hospitality sector to the brink.

Moreover, it raised existential questions about city living and central business districts.

The year also saw mass civil unrest, perhaps the most divisive election in U.S. history and an unexpected stock-market boom. Read on for the biggest real estate stories from the most tumultuous year in recent memory.

The Covid reckoning

The pandemic decimated the economy, leaving millions of Americans unemployed and unable to make rent and mortgage payments. Some local tenant groups orchestrated rent strikes. But by and large, government inserted itself between renters and landlords, and homeowners and lenders, to keep people

Read More

The biggest home decor trends of 2021

The biggest home decor trends of 2021

Christine Clark

Read More