Jacob Frydman Talks About the Recent Tendencies in Commercial Real Estate

Technology has dramatically transformed nearly every trade, and it was only a matter of time before it started reshaping the commercial real estate (CRE) industry.

January 12, 2019 /MarketersMedia/ —

Jacob Frydman, a well-known professional in real estate development, discusses the current trends and outlook for the real estate industry of USA, since the influx of commercial real estate (CRE) tech firms. For more than 30 years, Frydman has been finishing and participating in highly complex real estate deals, with a value of over $2 billion. At the same time, he observed emerging trends in the market as well.

Technology has dramatically transformed nearly every trade, and it was only a matter of time before it started reshaping the commercial real estate (CRE) industry. Jacob Frydman, who is a recognized thought-leader in this field, is optimistic about the state of the market in 2016. CRE tech companies are already replacing archaic tools of the real estate trade, resulting in many executives tossing aside their excel sheets and 20-year-old tech platforms for modern, more efficient software. In addition to changing the way people invest and fundraise, this new technology is revitalizing the industry, turning real estate players into enthusiastic investors.

More importantly, this change is welcomed. In fact, CRE technology firms received more than $90 million capital investment in just the first half of 2015, according to a 2015 mid-year report. These companies will undoubtedly have an impact on four areas: leasing data and workflow platforms, “open source” data exchanges, advanced analytics platforms, and online marketplace solutions. Unsurprisingly, the influx of tech companies in the CRE market has already reshaped the industry in many ways. A shift from outdated systems changes the way real estate executives navigate, making them more efficient and, in return, boosting competition. As a result, there’s been a greater emphasis on better tools and visibility as well as an increased mobility in the industry overall, as noted by a recent Forbes article. The last two or three years have brought in a wave of CRE mobile apps that enable executives to make effective, quick and timely decisions. If mobile technology keeps advancing at this rate, CRE professionals may be able to run their entire leasing business from anywhere in the world at any time.

The majority of experts, including Jacob Frydman, believe that the influx of technology will impact the industry in a positive way. Among the findings of a recent Forbes Insight report, which surveyed more than 200 real estate executives, the majority of respondents said they see solid prospects for the sector, with 52 percent saying they believe that their segment of the market is either strong or very strong, and 71 percent noting that adequate capital is available for investment.

Jacob Frydman is a New York-based property expert and consultant who has worked in the CRE industry for over a quarter of a century. During this time, he has executed several complex real estate transactions including Two Dag Hammarskjold Plaza and the Aetna Building in lower Manhattan’s financial district. He frequently appears on television programs such as Fox News, Bloomberg TV, CNBC and others to discuss trends in commercial real estate market. An avid philanthropist, Frydman devotes much of his time and capital to various organizations including Chabad of Dutchess County and the Brem Foundation.

Jacob Frydman - Blog - JacobFrydmanNews.com: http://JacobFrydmanNews.com

Jacob Frydman (@jacobfrydman) - Twitter: https://twitter.com/jacobfrydman

Jacob Frydman -- Huffington Post: http://www.huffingtonpost.com/author/jacob-frydman

Contact Info:
Name: JFN
Email: Send Email
Organization: JacobFrydmanNews.com
Website: http://www.jacobfrydmannews.com

Source URL: https://marketersmedia.com/jacob-frydman-talks-about-the-recent-tendencies-in-commercial-real-estate/469515

Source: MarketersMedia

Release ID: 469515

Latest News

Rebuilding Notre Dame will be long, fraught and expensive

Apr 18, 2019

LONDON — Notre Dame in Paris is not the first great cathedral to suffer a devastating fire, and it probably won't be the last. In a sense, that is good news. A global army of experts and craftspeople can be called on for the long, complex process of restoring the gutted landmark. The work will face substantial challenges — starting immediately, with the urgent need to protect the inside of the 850-year-old cathedral from the elements, after its timber-beamed roof was consumed by flames . The first priority is to put up a temporary metal or plastic roof to stop...

FCC to hold big 5G auction, spend $20B for rural internet

Apr 18, 2019

WASHINGTON — The U.S. government will hold a massive auction later this year to bolster 5G service , the next generation of mobile networks. President Donald Trump showcased the announcement Friday, declaring that the race to stand up these faster, more powerful networks is a competition "America must win." "We cannot allow any other country to outcompete the United States in this powerful industry of the future," Trump said at the White House. "We are leading by so much in so many different industries of that type, and we just can't let that happen." Trump also announced a $20 billion...

The Latest: Trump says America must win race to build 5G

Apr 18, 2019

WASHINGTON — The Latest on President Donald Trump and 5G next generation mobile networks (all times local): 2:45 p.m. President Donald Trump says the race to build 5G is one America must win. Trump said Friday at the White House that building high-speed networks across the United States will transform the way Americans work, learn, communicate and travel. 5G will mean faster wireless speeds and has implications for technologies like self-driving cars and augmented reality. The rollout started last week in the U.S. and South Korea but will take years. Trump says, "We must not rest. The race is far...

Filipinos plan more diggings where new human species found

Apr 18, 2019

MANILA, Philippines — Archaeologists who discovered fossil bones and teeth of a previously unknown human species that thrived more than 50,000 years ago in the northern Philippines said Thursday they plan more diggings and called for better protection of the popular limestone cave complex where the remains were unearthed. Filipino archaeologist Armand Salvador Mijares said the discovery of the remains in Callao Cave in Cagayan province made the Philippines an important research ground on human evolution. The new species is called Homo luzonensis after the main northern island of Luzon, where the remains were dug up starting in 2007. Beaming...

Bones from Philippine cave reveal a new human cousin

Apr 18, 2019

NEW YORK — Fossil bones and teeth found in the Philippines have revealed a long-lost cousin of modern people, which evidently lived around the time our own species was spreading from Africa to occupy the rest of the world.  It's yet another reminder that, although Homo sapiens is now the only surviving member of our branch of the evolutionary tree, we've had company for most of our existence. And it makes our understanding of human evolution in Asia "messier, more complicated and whole lot more interesting," says one expert, Matthew Tocheri of Lakehead University in Thunder Bay, Ontario. In a...

About Us

Science Thread delivers quality and fascinating science and technology content that matters on a daily basis and makes it go viral.

Contact us: sales@sciencethread.com