4 Tech Trends Set To Transform Real Estate
Wearable tech, smart homes, and drones are just a few of the technologies making their way into commercial real estate. Read more here.
Freddie Mac Predicts Multifamily Home Shortage By 2023
By 2023, there could be up to 4.7 million more renter households due to demographic forces, according to Harvard University’s report, The State of the Nation’s Housing 2014. But the supply of multifamily rental housing will likely be far less than demand, writes David Brickman, Freddie Mac’s executive vice president for multifamily business. Read more here.
Are Commercial Real Estate Lending Underwriting Standards Slipping?
Everyone who has anything to do with commercial real estate financing will tell you that, “there is a lot of money chasing deals” and there is the concern among many that underwriting standards are beginning to slip.
Have we not learned our lessons from the recession? Nik Chillar spent some time with Howard Kline of CRE Radio at the CREFC West Coast, High Yield Real Estate Finance Summit in Santa Monica in May 2014, discussing the issue.
View The Space: A Startup That Will Transform The Industry
The commercial real estate industry has not always responded quickly to new CRE tech sites and innovations, but that has begun to change recently. In just the last few months, a number of new CRE tech companies that focus on ways in which the industry can be improved have begun to gain momentum, such as View the Space.
Founded by a former broker, the new app has evolved rapidly since it was originally created in 2012. Read more here.