Millennials are the first generation to grow up in a digitally connected world with Internet, mobile phones, gaming systems, and cable television at their fingertips. As such, technology has become completely integrated into the everyday lives of Millennials. With finding, hiring, and motivating top talent becoming a key challenge and priority for CRE firms nationwide, […]
Commercial real estate transactions involve large volumes of paperwork that must be signed and stored. In accordance with the law, certain documents must be stored for several years. As a result, paper documents can take up a significant amount of space and are often time-consuming to process and locate when necessary. In fact, business professionals […]
Commercial real estate technology has transformed the way that the industry conducts business, develops strategies, and engages with clients. As the industry’s standards have shifted from technology being a “nice to have” to being a requirement, there has also been a change in investors’ expectations. Today, 80% of investors indicate that they would specifically choose […]
The CRE industry is constantly evolving, and technology, such as an Investor Management software, continues to be an agent of this change. As the market continues to shift, tedious tasks such as identifying new opportunities or monitoring a portfolio’s performance can become even more arduous. Now, more than ever before, upgrading a firm’s tech infrastructure […]
Co-living apartment communities are typically found in up-and-coming neighborhoods or dense urban areas. Locations such as these are often attractive to younger tenants due to their proximity to transportation, restaurants, and nightlife. The growing attraction to co-living is a natural extension of the rising popularity of coworking spaces and boutique hotels. Communal spaces like these create opportunities […]
Today, Millennials (those born between 1981 and 2000, also known as Gen Y) account for the largest segment of active employees in the United States workforce. With more than 79.8 million members of this cohort now earning paychecks, it is estimated that, in 2020, their buying power will increase from $1 trillion per year to $1.4 […]
Today, more people work remotely than ever before. In fact, since 2005, the number of professionals in the United States who work remotely more than 50% of the time has grown 159% to 4.7 million people. These numbers increase significantly when freelance workers and professionals who work remotely less than 50% of the time are […]
Productivity is a challenge for nearly 2/3 of CRE firms. Therefore, optimizing productivity should be a top priority for a business to focus on. After all, the efficiency, effectiveness, and productivity of your firm can have significant impacts on your company’s success. Two of the biggest areas that can boost productivity are time and tooling. […]
The concept of transparency is not unique to commercial real estate (CRE), and its meaning is pretty consistent across industries. Put simply, transparency means that information, data, and insights are shared openly. This exchange is the crux of investor relationships. Today’s investors don’t only expect firms to be transparent, but they also demand it. Investors […]
As multifamily housing becomes a long-term choice for people of all ages and incomes, innovative, stand-out amenities are increasingly a key differentiator and a key component to the success of individual assets. Amenities play an important role in both attracting and retaining tenants. Not only can they improve a resident’s quality of life, but they […]
Grocery stores are a key player within the retail industry due to their staying power driven by sustainability, convenience, and the provision of a cheaper alternative to eating out. However, today’s technological disruption has caused grocers to experience a shift in how they operate and what consumers expect from them. While the majority of grocery […]
Commercial real estate is an industry built on relationships. Investors are taking a risk and entrusting CRE sponsors with significant sums of money. Both historically and to this day, networking, face-to-face interactions, and relationship-building are critical to success. After all, choosing the right sponsor could mean the difference between success or failure. But technology is changing the […]