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The impact the COVID-19 virus is having on the commercial real estate sector is immense. We recently looked at how the pandemic is specifically affecting retail landlords and tenants, as they struggle in the face of self-isolation, social distancing and regional lockdowns.
The real estate tech venture capital market is about to undergo a massive stress test. In a recent CREtech Talk: Perspectives in a Time of Uncertainty webinar, three of the most active investors in real estate tech, including Jeffrey Berman of Camber Creek, Andrew Ackerman of Dreamit Ventures, and K.P. Reddy of Shadow Ventures, discussed with Steve Weikal, Head of Industry Relations at MIT, how ...
Proptech app, Dashflow for CRE, which focuses on investment appraisals for the commercial property sector, has named Pawel Zbros as its new Director of Sales & Marketing.
East Gosford based national real estate training and systems development company, Real Estate Academy, has been acquired by Australian PropTech innovator, Realtair, saving them from potentially having to release staff during a time when many local businesses are closing their doors during the coronavirus pandemic.
As of just a year ago, the business world could only speculate that the future of work would be remote. Now, in a baptism by fire, companies around the world are learning to work remotely for the first time, their operations rocked by the reality of workers in quarantine and isolation. No commercial real estate sector will go untouched.
Many of us are currently grappling with high-impact decisions that will change the way we operate our brokerage businesses in the future. For significant issues that deal with solutions with long term effects on your brokerage business, the concept of “scenario thinking” can help improve decision making.
SAN FRANCISCO—With COVID-19 now a global emergency, the heightening of travel restrictions, limitation of mass gatherings and social distancing, and people being required to work from home are all affecting multiple sectors including the real estate industry. Sellers targeting foreign buyers for instance, are recording drops in very high percentage rates.
Redfin just got a $110 million shot in the arm from an influential backer, as the discount brokerage looks to ride out economic turmoil caused by coronavirus.