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

PROSPER SYSTEMS, LLC (.biz) • Kenton H Johnson (.com), Founding Member

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

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*GOLDEN NUGGETS OF INFORMATION are: 

• Quickly consumed, memorable 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.