The continued growth of proptech innovation is benefitting every aspect of the commercial real estate industry, and nowhere is this more evident than in the process of securing debt financing. Traditional finance brokers have long relied on a jumble of disconnected emails, phone calls and in-person meetings to run their processes. This lack of structure increases the operational burden ...
More electric cars are hitting the roads. According to a recent report from the International Energy Agency, sales of electric vehicles (EVs) doubled in 2021 from the previous year to a new record of 6.6 million. Nearly 10% of global car sales were electric in 2021, an increase year over year since 2019. In fact, with EVs making up roughly ...
Patrick Chopson is the co-founder of cove.tool, a tech firm that aims to fight climate change by using automation to help architects, engineers, contractors and developers leverage data-driven design. The goal is to keep costs minimal while making the most of buildings and their ESG goals. ESG-related assets will reach $41 trillion by the end of 2022. Chopson co-founded the ...
Elise Szwajkowski was recently promoted as the Vice President of public relations agency Marino’s real estate technology and property innovation section, which basically helps proptech companies get their message out to the world. According to TechCrunch, venture capital funded a record high of $11.7 billion in PropTech in 2021. PropTech may have made our lives easier with smart homes, and ...
Remote work has introduced an existential crisis for office space. A recent report projected that, by 2029, office buildings across the nation could be worth $500 billion less than their pre-pandemic value. Ease Hospitality, a new brand with two conference, meeting and event spaces in midtown Manhattan, is embracing the new reality of remote and hybrid work. A project of ...
The city of Seattle has recently acquired its first IPO building through LEX, a real estate investment platform founded by Drew Sterrett and Jesse Daugherty. In May, LEX announced that New York City’s first IPO of a building — 296 Lenox Avenue in Harlem — began trading under the ticker symbol TESLU. Now LEX has expanded even more with SOLIS, ...
The term “blockchain,” though common vernacular these days, was not so just a few short years ago. It’s a technology that was known only to those working in the tech field, but came into public awareness along with the advent of cryptocurrency or “bitcoin.” The initial purpose of the blockchain system was to keep track of and record transactions of ...
We all know many industries are making their way into the metaverse — a digital world where people appear as avatars. Users live within a world that often implements blockchain technology — whether its high fashion (virtual Gucci boutiques in Decentraland) or fine art (the NFT bonanza where the most expensive digital artwork ever sold recently went for $91.8 million). ...
Every morning I have the privilege of waking up and working out at some of the most exotic destinations on the planet: Crater Lake, Machu Picchu, remote beaches in New Zealand. My world-class coaches keep me on form with my boxing, pushing my heartrate into the 170’s, as I slip, weave and land jabs, hooks and uppercuts to the tunes ...
We might know the saying, “Don’t judge a book by its cover.” But when it comes to building facades, we can’t help but judge a building by its face — its front door, its glass windows and overall aesthetic exterior — before even stepping inside. This instinct is natural, which is why it makes perfect sense that there’s an entire ...
Lev is using technology to transform the CRE financing process.
Lev is using technology to transform the CRE financing process.