Real estate development often has received a bad rap—in many cases justified—for leading to gentrification and displacement of residents. Projects that are often wildly successful at delivering returns end up fundamentally transforming communities rather than uplifting them. Former New York City Deputy Mayor Alicia Glen has launched a platform aimed at changing that.

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Venture capital funding of U.S. proptech companies dropped by 69 percent in the first quarter of 2020 compared to a year earlier. But the drop may prove to be a hiccup, rather than a staying trend. “I think it’s more reflective of a temporary, or what we anticipate to be a temporary, drop in investment activity overall in the venture world,” says Zak Schwarzman, partner at MetaProp, a New York-based venture capital firm focused on the real estate technology industry.

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In this episode of NREI's Common Area podcast, David Bodamer is joined by Chris Caton, the senior vice president of global strategy and analytics at Prologis. They discuss how the world's logistical supply chain of the essential industries has outperformed during this lockdown period and where logistics real estate is heading for the foreseeable future.

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