Saturday, September 29, 2018

Golden-Nugget Shares - Business, CRE, Tech and AI - Sept 24-28

Also publish on LinkedIn and our GoogleGroup InfoPortal

REMINDER:  We do ANALYSIS of Real Estate LEASEES, PROPERTIES, BUSINESSES and STARTUPS

We use a powerful method of sharing - post “Golden Nuggets of Information” on Social Media multiple times daily or in regular emails (every 5-15 days).  We’ve been sharing the essence of articles and a few powerful comments regularly.*  


BUSINESS and COMMERCIAL REAL ESTATE GOLDEN NUGGETS - SEPTEMBER 24-28

Commercial Real Estate (CRE), Technology and AI

Richard Belgrave of LEVERTON: AI IMPACTING CRE - "ARTIFICIAL INTELLIGENCE is completely changing the way business is conducted in the real estate space. A decade from having robotic brokers and automated deals, but companies today are already paving the way for AI to become the next revolution It has the potential to put the power of data into the hands of professionals directly. Check back for new and exciting developments." (edited) #CRE #CREtech #AI #PropTech Lnkd.in/eVUqVZD

Prime Takeaway from Forbes' THE FUTURE OF REAL ESTATE TECH: "In 2017, VCs deployed over $5bln in real estate technology, more than 150x the $33mm invested in 2010. Now it's front and center, with 2/3 most-valuable US startups, WeWork and AirBnB. The 3rd, Synthesis Phase is still in its nascent stages, but will have technology more central to their offering." (edited - more next week) #CRE #CREtech #AI #AR #PropTech Lnkd.in/e-bgBpd 

Richard Belgrave and KPMG UK: ENGAGING w/ PROPTECH (#CRE #CREtech #PropTech - Vid and PDF - Lnkd.in/eWe3-Ue) - "As the 4th industrial revolution continues to blur the lines between the built and digital worlds, we are seeing a significant transformation in the property sector. Key findings of our [downloadable] survey include:
  • "DISRUPTION TO ACCEPTANCE. Property leaders can see where propTech will make a difference,  in better decision making and lower costs, but just 13% are at the cutting edge of . (edited)
  • "COLLABORATION IS KEY: Grow-your-own is rarely an option deploying PropTech.  Partnerships will be key. (edited)
  • "TRANSFORMING COMPANY CULTURE: Technological change is quickly becoming a board-level issue, and new roles such as chief technology officers and chief digital officers are increasingly important.


Dominic Zabriskie of CREtech: RECAPS OF CRETECH CONFERENCE, Los Angeles - "300 attended. For those of you who couldn't make it, here are some Videos of the best parts. Two panel discussions - Tech Perspectives (Pierce R. Neinken, Christopher Rising, Patrick McGrath, Jesse Franklin, Jake Edens) and Fifth Wall Ventures (Brendan Wallace, Natalie Bruss, K.C. Cleary, Brad Greiwe)." #CRE #CREtech #AI Lnkd.in/eeBzQiz

Coldwell Banker Commercial:  AUGMENTED REALITY and ARTIFICIAL INTELLIGENCE (#AR #AI #CRE #CREtech, Lnkd.in/ej_Ean5).  CRE professionals will need to come up with new and creative ways to pitch assets keeping these massive changes in mind, and understanding that this technology allows collaboration across time zones and oceans, with virtual meetings and AR slashing travel budgets [freeing up capital for better CRE]
  • "OFFICE.  More remote working, robotics, automation, machine learning and AI, could make up to 60% of the workforce disappear from office space. 
  • "INDUSTRIAL. Changes here are closely tied to the changes happening in retail. Distribution channels, manufacturing, and industrial buildings are all being infused with AR and AI to help speed up deliveries, improve warehouse and distribution, and save costs by reducing errors and payroll along these channels.
  • Finishing next week

Commercial Real Estate (CRE) and Business

Kenton Johnson Comments:
  • Frank Brock made great points, especially about the positive "RIPPLE EFFECT" of making the loan: "Why are mortgage brokers vital to the economic growth of this country?  We get deals done!   While banks turn away 95% of all borrowers who apply, mortgage brokers find ways to close 70% of all applicants taken.   Yes the broker makes money but, so does the: Realtor, title company, home inspector, credit companies, contractors, Etc.   These industry professionals spend money to stimulate the economy." #banking #credit #loans #contractors Link 
  • Jeff Selingo wories that "there are TOO FEW US UNIVERSITIES on the Times Higher Education World University Rankings 2019 list.  What can universities in the U.S. do better to compete?" Answer:  US post-secondary education - public, private, junior, technical or prep - needs to focus on next-decade, advanced technology,  entrepreneurialism, deep financial understanding and, of course, the US. (edited) #HigherEducation

Rowan Humphreys of Colliers International: BLOCKCHAIN BANK GUARANTEES - "In Australia, preparation/issuing/amendment and ultimate return of paper bank guarantees in CRE leases is very labour intensive for both landlords and tenants. The solution? Whilst only in an initial test phase, Distributed Ledger using blockchain technology has been successfully tested in the commercial real estate sector for Bank Guarantees." (edited) #CRE #CREtech #PropTech Lnkd.in/eR8HKCg

Michael Beckerman of The News Funnel: LESSONS IN TRANSITION to CRE NEWS (#CRE - Lnkd.in/eBinnB6):

  • "ALL ABOUT PEOPLE. Always surround yourself with people more capable and competent than yourself. I will always be indebted to them for their sacrifices, commitment and loyalty. I hope I earned some small degree of respect from them." (edited)
  • "CHARACTER OVER CASH. Choose associates as carefully as friends. My biggest career mistakes were working with people to grow my business, with too little attention to their character - employee or a client, following the money not my heart, it backfired big time." (edited) 
  • "NEVER EVER GIVE UP, and you will eventually thrive. I could have quit a thousand times, with market crashes, client defections, employees leaving, running out of cash, and people not paying their bills & taking advantage of me. I just kept grinding and knocked down every wall. You can't control circumstances, but you can control how you react to them."  (edited)

Dave Kerpen: SECRETS to loving the WORK YOU'RE WITH (continuing Lnkd.in/eKVEAF8):
  • "TURN IT INTO A POSITIVE. I prioritize everything on a to-do list, and get satisfaction from crossing things off the list. Even if the task is not pleasant, knowing that I get to strike a line through it makes it just a little bit better. –Jayna Cooke, CEO, EVENTup" (edited)
  • "GAMIFY IT.  When items on my to-do list constantly get bumped to 'tomorrow,' I play a game. I break up the tasks into smaller, easy to accomplish tasks, set aside 30-minute time increments and see how many I can get done during that time. Adding a competitive goal gives me motivation to get them done.  –Mark Daoust, President & CEO, Quiet Light Brokerage" (edited)

Much more from earlier at LinkedIn.ProsperSystems.biz

LinkedIn • LinkedIn Company Page • Google+ • Twitter • Facebook • Facebook Company Page • USA 302KentonJ (GoogleVoice 302-536-8665 to mobile and Hangouts)

BRIEF • GROUP • Buying and Selling Interests • Subscription Consulting • Referral Income
NOTE:  We do ANALYSIS of Real Estate LEASEES, PROPERTIES, BUSINESSES and STARTUPS
_______
*GOLDEN NUGGETS OF INFORMATION are: 
  • Quickly consumedmemorable and powerful
  • Linked to the source for much-deeper information
  • The editing and summaries show understanding and thought leadership
  • Mainly share content from professionals in Commercial Real Estate, Business Consulting, and Thought and Executive Leadership
  • We share on:  LinkedIn (company)LinkedIn (personal)Twitter (automatically from LinkedIn)Google+Facebook (company), and sometimes Facebook (personal), then highlighted on this Blog (weekly), The News Funnel (weekly), as a LinkedIn article (weekly) and our GoogleGroup InfoPortal (weekly/semi-monthly)
  • A full list of these “Updates” is at LinkedIn.ProsperSystems.biz.
Of those who we've shared, the savvy ones Like or Comment on these "Golden Nuggets" as additional exposure, as well as serve the community and remind their followers of their wisdom. 

Friday, September 21, 2018

Golden-Nugget Shares - Business, CRE, Tech and AI - Sept 17-21

Also publish on LinkedIn Articles and our GoogleGroup InfoPortal

REMINDER:  We do ANALYSIS of Real Estate LEASEES, PROPERTIES, BUSINESSES and STARTUPS

We use a powerful method of sharing - post “Golden Nuggets of Information” on Social Media multiple times daily or in regular emails (every 5-15 days).  We’ve been sharing the essence of articles and a few powerful comments regularly.*  


BUSINESS and COMMERCIAL REAL ESTATE GOLDEN NUGGETS - SEPTEMBER 17-21

Commercial Real Estate (CRE), Technology and AI

Congrats Michael Beckerman of CREtech: CRE TECH CONFERENCE a GREAT SUCCESS - The 2nd of 5 events - now in 3rd year, LA had 300+ attendees with superior speakers on the "bleeding edge" of Tech in CRE: Brendan Wallace, Pierce R. Neinken, Jake Edens, Christopher Rising, Jesse Franklin, Brad Greiwe, Patrick McGrath, K.C. Cleary, and Natalie Bruss. Next - Chicago, Austin, NYC and MORE AI I'm sure. (summarized) CREtech Lnkd.in/esnKip3

Steve Kapp, SIOR: TAKEAWAY from CREtech conference, Los Angeles (#CRE #CREtech #AI - Lnkd.in/eZY7X-E):
  • Fifth Wall is the leading CRE Tech venture capital firm, whose first fund invested in VTS, Open Door, Clutter and Industrious. Fund I investments now generate over $100MM in revenue. They are now on to Fund II. Keep an eye on them and who they invest in. Very smart team." (edited)
  • USER EXPERIENCE.  "The experience you feel in a commercial building is what really matters, and where smart owners are putting considerable effort and money. Like retailers have for many years, now office and even industrial owners realize that this is now a must if they want to attract and retain quality tenants."  (edited)
  • "The DISTINCTION between retail, office, hotel, and industrial categories of real estate are blurring and merging. The tenant wants to have all these options nearby (or all in one place) and accessible in this 24/7 world." 
  • "5G CONNECTIVITY is coming, and every building owner needs to embrace and get in front of it,or be left behind like the horse and buggy." 
  • "ALL ARE TECH COMPANIES, so every business must have a strategy to embrace and implement technology throughout its business, or it will fail. [ANSWER THESE:]  What are the implications? What technologies should law firms, brokerage firms, manufacturing firms, etc. be fostering and embracing?"

Coldwell Banker Commercial:  AUGMENTED REALITY and ARTIFICIAL INTELLIGENCE (#AR and #AI - #CRE #CREtech, Lnkd.in/ej_Ean5): 
  • "May still be far from standard in CRE, but high-end firms have already been AR and AI. Rapid change will leave some CRE pros behind and pushing others to the forefront. [Next: '5 Ways AR and AI are Changing CRE by Sector']" (edited) 
  • "RETAIL. AR/AI is affecting the way retail sells products. Some stores are trimming down to the nuts and bolts and just using AR to sell clothes, furniture, cars, and appliances. RETAIL CRE will need to be equipped for these technologies, and opens up the range of suitable assets for retailers looking to save on inventory costs and physical product warehousing." (edited) 
  • More next week

Commercial Real Estate (CRE) and Business

Kenton Johnson Comments:
  • Scott Lynn:   RETAIL APOCALYPSE HYPE.  "Retail Continues to Rock, but enders and investors are digging into better ways to mitigate risk."  Innovative, experiential and superior customer service retailers will continue the thrive.  Carefully analyzing retail tenants will keep landlords profitable.  (edited)  Real Estate Investment Group 
  • Mark Ainley:  How to MANAGE TENANTS: "Managing tenants needs consistency and set expectations."  "Succinct and informative article! Sounds much like parenting: Consistency, Communications, Manage Expectations, Screening and Convenience" (edited)  Real Estate Investment Group
  • Scott Lynn:  CAP RATES Not Responding to INTEREST RATE INCREASES.  "The only real question being debated is how many additional rate increases the Fed will execute in the next 6 months - one more, two?"  Cap Rates have proven to move for various reasons, with capital costs being only ONE part of the equation. Growth in the economy and the prospect for rent growth also factor into resultant Cap Rates. (edited) Real Estate Investment Group
  • Azeez Olawale-Arish Yusuff:   "Follow me for JOB OPPORTUNITIES across the globe." Good reaching out and collaborating.  We connected many years ago.  Followers - Connect or Follow Azeez for MANY possibilities! (edited) Link 

Michael Beckerman: TRUE CRE-TECH INFLUENCERS (#CRE - Lnkd.in/egWEQNN):
  • ACCESSIBILITY.  "THE BEST people respond to [LinkedIn-Invite] call and email [professional collaboration requests and follow-ups]." Top-34 List (Summarized from 8/24)
  • HAVE A FOLLOWING. "If someone has worked hard to build a following on social media in the business world, I am impressed! In my experience, connecting with real estate professionals on social media is not easy. If someone has others following them, that’s really impressive to me." (edited)
  • HELP YOU WITHOUT ASKING FOR ANYTHING. "The ones who just want to help without looking for something in return have the most power. They genuinely believe in win-win!" (edited)
  • "They DO WHAT THEY PROMISE. How often do you speak to someone, agree to some kind of action like an intro or some feedback, then never hear back (or it takes a million follow ups)? Influencers believe in standing by their word!" (edited)
  • "Others LISTEN TO / RESPECT THEM. They have credibility in what they say and how they say it, and have worked hard to earn peoples' respect." (edited)

Dave Kerpen: SECRETS to loving the WORK YOU'RE WITH (continuing Lnkd.in/eKVEAF8):
  • "OUTSOURCE IT. Do the work you love and outsource the rest to people who are better than you. If you love designing websites but have to organize data in spreadsheets, hire a data analyst online to do a better job than you could have. –Jared Brown, Co-Founder, Hubstaff [free]" (edited)
  • "The more you begin with the FINAL OUTCOME in mind, the more you realize these tasks are just stepping stones. In most big projects, some tasks no one wants to do - being able to envision the outcome of the project helps you turn those tasks into progress. –Shawn Schulze, Co-Founder, SeniorCare.com" (edited)
  • "Setting SMALL INCREMENTAL GOALS can make any tedious task become less of a chore. Incentivize yourself through identifying mini milestones and only getting a coffee or grabbing a snack after completing a certain amount of work. You will find that time passes a lot faster, and the task will feel less monotonous. –Luigi Wewege, President and CEO, Vivier Group" (edited)

Much more from earlier at LinkedIn.ProsperSystems.biz

LinkedIn • LinkedIn Company Page • Google+ • Twitter • Facebook • Facebook Company Page • USA 302KentonJ (GoogleVoice 302-536-8665 to mobile and Hangouts)
BRIEF • GROUP • Buying and Selling Interests • Subscription Consulting • Referral Income
NOTE:  We do ANALYSIS of Real Estate LEASEES, PROPERTIES, BUSINESSES and STARTUPS
_______
*GOLDEN NUGGETS OF INFORMATION are: 
  • Quickly consumedmemorable and powerful
  • Linked to the source for much-deeper information
  • The editing and summaries show understanding and thought leadership
  • Mainly share content from professionals in Commercial Real Estate, Business Consulting, and Thought and Executive Leadership
  • We share on:  LinkedIn (company)LinkedIn (personal)Twitter (automatically from LinkedIn)Google+Facebook (company), and sometimes Facebook (personal), then highlighted on this Blog (weekly), The News Funnel (weekly), as a LinkedIn article (weekly) and our GoogleGroup InfoPortal (weekly/semi-monthly)
  • A full list of these “Updates” is at LinkedIn.ProsperSystems.biz.
Of those who we've shared, the savvy ones Like or Comment on these "Golden Nuggets" as additional exposure, as well as serve the community and remind their followers of their wisdom.