Top CRE Young Professionals
Commercial Observer
Connecting and informing industry leaders of trends and individuals defining the global commercial real estate landscape
Commercial Observer’s out with its annual Young Professionals list of the top commercial real estate professionals in the brokerage, financing and architecture, engineering and construction sectors of the industry. Check out who made it and why. Also for today: Many of the most influential figures in proptech predict the big trends for 2024.
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— Tom Acitelli, Deputy Editor
2023 Young Professionals
Commercial real estate’s leasing and sales practices this past year have seen cuts that would humble many a Ginsu salesman. In debt and equity, deals have slowed and become a more complex puzzle to solve than a rubik’s cube while blindfolded. For those on the design, engineering and construction side of the industry, the conundrums only mount. Out have gone densely packed open offices where square foot per employee was the sacrosanct measure for design, and in have come more creative collaborative spaces that still left room for privacy for heads-down work. Meanwhile, the demand for environmental sustainability only seems to increase — along with material and labor costs. In short, this seems like a particularly dicey time to be just starting one’s career in commercial real estate.
Proptech in 2024: VCs, Principals and Analysts Sound Off
If proof is needed of proptech’s building importance for the real estate industry going into the new year, the stampede of commentary in response to PropTech Insider’s request for 2024 proptech predictions might be all that is required. While the real estate industry is known for its boundless — and sometimes foolish — optimism, the last few years of COVID, high interest rates, and foreign wars have tempered the expectations of many who responded by email and otherwise, including those in proptech. However, despite challenges old and new facing real estate and proptech, the predictions by proptech leaders sampled here offer hope that demand for technological innovation will override any obstacles that may arise in 2024.
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