Real Estate Tech - Issue #4

Despite recent dire conditions, U.S. real estate economists are predicting some light at the end of the tunnel. First, the current economic recession will be short-lived, with above-average gross domestic product (GDP) growth in 2021 and 2022. Second, the impact on real estate market conditions and values will be relatively modest and much less severe than the impact experienced during the global financial crisis (GFC), retail and hotels excluded. 

Just weeks before the pandemic, energy efficiency was one of the main topics of discussion for building owners and managers.The findings showed that 75 percent of surveyed organizations in the United States were planning to increase investment in energy efficiency, renewable energy, and smart building technology over the next twelve months. 

Hospitality startup Stay Alfred is closing for good after it failed to raise $30 million in funding.

It’s architecting the financing, design, and construction of ADUs in Los Angeles