The construction technology landscape in Latin America is experiencing significant change as companies adapt to economic headwinds while capitalizing on nearshoring opportunities. At the center of this development is Licify, a Colombian proptech company that has expanded far beyond its original procurement platform to become what Fernando Olloqui, Founder & CEO of Licify, describes as ...
Urban infill development in Florida is undergoing a dramatic transformation, as developers find creative ways to maximize compact sites while delivering luxury amenities. Jerad Graham, Development Principal at Kastelo Development, says this evolution requires rethinking traditional approaches to space utilization. The Challenge of Urban Sites “Because it’s an urban infill project and not built out ...
Industry expert argues data-driven approach could eliminate costly programming mistakes in multifamily development. The real estate development industry continues to rely heavily on intuition and anecdotal evidence for major design and amenity decisions, potentially leaving millions in revenue on the table, according to one industry expert. Michael Broder, CEO of real estate analytics firm RCKRBX, ...
A leading Northwest broker is sounding the alarm about how private listing networks could fundamentally damage consumer interests in real estate, warning that market opacity benefits large brokerages at the expense of buyers and sellers. “The consumer has the most to lose. Period. End of story,” says OB Jacobi, President of Windermere Real Estate, which ...
While many retail properties struggle with e-commerce competition, one surprising segment is attracting major institutional capital: unanchored shopping centers. According to George Wommack, CEO of Headwall Investments, these centers’ heavy concentration of service-based tenants makes them uniquely positioned to thrive in the digital era. The Service-Retail Shield “Over 90% of these portfolios are service retailers, ...
The real estate industry’s debate over off-market listings has largely focused on ultra-luxury properties and celebrity privacy concerns. However, Michele Harrington, CEO of First Team Real Estate, argues this narrative misses a crucial market segment: everyday families seeking convenience and minimal disruption during the sales process. The Hidden Value of Pre-Market Strategy “If I could ...
Federal Housing Administration (FHA) mortgage insurance policies are forcing homeowners to pay unnecessary premiums even after building substantial equity, according to Brendan McKay, Chief Advocacy Officer of the Broker Action Coalition, who is advocating for reform. “When you have Americans with 50% equity in their home paying mortgage insurance, which is foreclosure insurance when there’s ...
“Many people are fearful. They don’t want to experience that situation again,” explains Asher Walli, a real estate agent with Charles Rutenberg Realty who has been serving Florida’s Pinellas County area for nearly eight years. After experiencing three consecutive hurricanes in late 2024, the St. Petersburg-Clearwater-Tampa real estate market is undergoing significant changes that could ...
“Reviews consistently show that property managers’ biggest failing is responsiveness. Most one-star reviews cite unanswered calls and unreturned messages,” says Lindsay Liu, co-founder and CEO of Super, highlighting a persistent challenge in the property management industry that her company aims to solve through artificial intelligence. The Technology Shift in Property Management Property management has traditionally ...
While real estate technology companies tout digital solutions as essential for agent success, Michele Harrington, CEO of First Team Real Estate, presents a contrasting reality: many top-producing agents still rely on basic tools like spreadsheets, challenging conventional wisdom about technology adoption in real estate. The Technology Adoption Gap “In reality, 80% of agents are never ...
Despite having the financial and technological muscle to do so, major tech companies are deliberately steering clear of replacing the Multiple Listing Service (MLS) system, a decision that industry experts say reflects the hidden complexities of real estate market infrastructure. “Who wants to be the MLS? It’s like taking over the motor vehicle department. Think ...
The 1031 exchange industry has a revenue model that few investors fully understand, according to Judd Schoenholtz Co-Founder & CEO Deferred, one PropTech leader who’s pushing for reform. Qualified Intermediaries (QIs) are earning massive interest revenues while continuing to charge substantial transaction fees to clients, creating what some see as an unnecessarily expensive system for ...
The real estate industry’s debate over off-market sales reveals a complex landscape where regional practices, legitimate privacy needs, and market transparency concerns collide, according to one industry leader. “Off market sales in our industry is a total real thing. It happens. And I would never deny that it doesn’t,” says OB Jacobi, President of Windermere ...
Small municipalities may hold the key to scaling next-generation water treatment solutions, according to AirBuild CTO Ejike Ken-Opurum, who says these communities offer ideal conditions for testing and implementing new environmental technologies. “The best use cases for our product right now in these early stages would be small municipalities,” Ken-Opurum says. “Smaller communities have larger ...
