The latest real estate industry news and announcements
The senior living industry is grappling with a critical disconnect in resident care coordination, according to one technology executive who argues that valuable health data remains trapped in silos despite the growing number of stakeholders involved in each resident’s care. “A senior who’s growing old has six to seven people in their circle who take ...
A new industry survey has uncovered an unexpected inefficiency in vacation rental technology: property managers are routinely paying for standalone software solutions despite having similar features included in their property management systems (PMS). “People are actually willing to pay extra for something that’s already included for free in their PMS because it’s not doing it ...
The Midwest multifamily market has undergone a dramatic transformation over three decades, evolving from a fragmented, locally-owned market to one that now attracts sophisticated institutional capital, according to Steve LaMotte, Managing Director at Walker & Dunlop. Market Sophistication “30 years ago, when I began in this business, it was very different than it is today, ...
A veteran multifamily operator says shifting institutional strategies are creating new opportunities for specialized property managers, particularly in the workforce housing sector. Ron Kutas, Chief Executive Officer of OneWall Communities, says he noticed a significant shift in institutional real estate investment about three years ago. “A lot of the institutional capital started bringing in their ...
The real estate industry needs to fundamentally rethink its approach to artificial intelligence, according to Brown Harris Stevens Executive Director Jared Antin, who argues there’s a critical distinction between “smart” and “dumb” AI implementation that will determine which agents thrive in the coming years. The AI Divide “There’s dumb AI, which people use to just ...
The definition of luxury real estate has undergone a fundamental transformation, with traditional metrics like price points and square footage no longer telling the complete story, according to Carolyn Fugere, Co-President and Chief Sales Officer of Sotheby’s International Realty. The Shifting Definition of Luxury “The definition of luxury has evolved significantly. It’s no longer just ...
Sterling Heights’ city planning chief says data shows massive parking overbuilding, opening door for retail and residential conversion Jake Parcell, City Planner and Development Manager for Sterling Heights, Michigan, has uncovered a striking inefficiency in commercial real estate: many parking lots have up to 600 more spaces than they actually need, representing a major opportunity ...
Daria Walker, Principal of Walker Realty Capital, warns that current market conditions are creating an unprecedented consolidation of real estate assets that runs counter to the traditional narrative of generational wealth transfer. The Hidden Market Shift “I keep hearing about the great wealth transfer,” Walker says, referring to the expected transfer of assets from Baby ...
The collapse of real estate investments follows a pattern similar to airplane crashes, according to veteran investor Brian Davis, who argues that understanding this “cascade of failures” theory could revolutionize how investors evaluate deal risk. The Aviation Connection “What I have found in commercial real estate investments is it’s very similar to aviation, when you ...
Midterm rental specialist reveals how 30-day furnished rentals are changing residential investment strategies in urban markets. When Shona Lepis evaluates rental property returns in Portland’s competitive market, she sees a stark contrast: While traditional long-term rentals might generate $200 monthly cash flow per door, her midterm rental portfolio commands rates two to three times higher ...
A significant repricing of California commercial real estate assets is creating unprecedented opportunities, but with important caveats, according to Daria Walker, Principal of Walker Realty Capital, who warns that timing and capital position will be crucial for success. The Market Shift “Properties are, honestly, a lot cheaper than they were,” Walker says, pointing to a ...
The head of a major workforce housing operator argues America’s declining community connections are creating both challenges and opportunities for multifamily owners. Ron Kutas, Chief Executive Officer of OneWall Communities, says his experience growing up in Israel revealed a stark contrast with American residential life that shapes his current approach to property management. “In Israel…you ...
The integration of artificial intelligence into legal documentation platforms presents both unprecedented opportunities and significant risks that must be carefully managed, according to one industry expert who is grappling with these challenges firsthand. “We are concerned about and looking at different ways to add AI into the business, without getting into possible legal advice or ...
The housing affordability crisis is no longer just a distant social issue, it’s becoming deeply personal for many Americans, according to Ian Cahoon, Director of Innovations at Ivory Innovations. This shift is driving new approaches to fostering housing innovation. The Personal Impact “People realize their kids are not gonna be able to afford a house,” ...
Housing innovation doesn’t need more industry veterans, it needs fresh perspectives from unexpected places, according to Ian Cahoon, Director of Innovations at Ivory Innovations. This counterintuitive approach is driving new solutions in an industry struggling with affordability challenges. Breaking Down Traditional Barriers “We don’t expect the students to be experts, and we almost don’t want ...
