Read this fascinating article about how A.I. is transforming the financial sector. Not completely. But certainly making inroads: A.I. Has Arrive in Investing. Humans are still Dominating.
Convene is leading the charge. The industry needs it, and wants it.
There is very little information about the genetic makeup of the commercial real estate brokerage sector. But thanks to leaders like Linda Day Harrison of theBrokerList and Ewa Baska and Troy Fedder, both of Buildout, they are helping us get to get a deeper understanding of some of the habits of commercial real estate brokers with a newly added “Marketers Edition.
I was reading my customized news feed from The News Funnel the other day and one tech story really caught my eye. It was about Steve Case, yes that guy, the founder of AOL. He had invested in a start up in Minnesota and to say that I was intrigued is an understatement. I had read The Third Wave and been a big fan of what Steve was doing with Rise of The Rest, as well.
When I was coming up in the world of commercial real estate in the late 1980s, there were a few names that were simply the gold standard that everyone in the industry followed and tried to emulate. Trammel Crow, Mack Pogue, Gerald Hines, Mort Zuckerman and a few others. In particular, Hines was just stunning.
One of the reasons why the commercial real estate tech sector trails the residential sector in attracting investment is the lack of startup exits. There just haven’t been too many. And it totally makes sense. It’s a young sector, as the commercial real estate industry is just now embracing technology.
On December 7th we announced our annual #RETAS (Real Estate Tech Awards) winners at our CRE // Tech New York event to a standing room only crowd of 670 commercial real estate professionals. What’s so unique about these awards is that rather than us judge who we think the best startups and entrepreneurs are (which would seem a bit impartial and potentially biased), we let the industry decide.
When I was running my PR firm for over twenty-five years, our niche was mostly office and multifamily real estate. We had some big clients in the retail space, but it wasn’t a huge part of our business. But as the concept of mixed-use really started to take off in the 2000’s, more and more of my clients were paying attention to retail trends and, as a result, getting involved with ICSC.