OCTOBER 2, 2019

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Alternative Properties

NREI Research: Navigating an Evolving Hospitality Sector

By David Bodamer, Editorial Director

The hospitality sector is notoriously the most volatile of real estate asset classes. Business and leisure travel trends are highly correlated to broader economic conditions. And the sector does not have the benefit of long-term leases to help soften the blow of cyclical swings.

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Analysis

Property Management

Global Proptech Investment Hits Record High in First Half of 2019

By Sebastian Obando, Staff Writer

Venture capital investment in proptech has skyrocketed to record-setting highs, but landlords need to ensure they pick the correct technology upgrades. Investment in real estate tech companies globally hit $14 billion in the first half of 2019.

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NREI Wire

For Sale: College Campus, Convenient to New York City, Castle Included

Bloomberg

The bankrupt College of New Rochelle plans to sell the 15.6-acre campus in a November auction.

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Help for California’s Housing Crisis Is in the Backyard: Editorial Board

Bloomberg

The state has passed legislation to expedite approval for accessory dwelling units.

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10 Must Reads for the CRE Industry Today

By NREI Staff

Food-delivery companies add supermarkets and convenience stores to increase revenue, according to the Wall Street Journal. International Workplace Group (IWG), another coworking company, is thriving, as its stock has risen over 60 percent in the last 12 months, reports The New York Times.

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Analysis

NREI Wire