NREI Daily
Wealth Management FinTech
 

FEBRUARY 26, 2020

Top Story

Technology

Proptech Is Growing in Scale and Importance in CRE. But How Do Property Managers Evaluate New Tools?

NREI asked several industry insiders to discuss their outlook for how they choose proptech tools and where proptech delivers the most value.

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Analysis

Multifamily

Student Housing Dealmakers Work the Whole Calendar

Christmas is coming later and later for people who buy and sell student housing properties. Deals that once closed in the last months of the year now often close in spring, summer, or even the dead of winter. “The percentage of total investment sales being closing in the fourth quarter of the year has steadily trended down over the past five years,” says Frederick W. Pierce, president and CEO of Pierce Education Properties, based in San Diego.

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NREI Wire

Waldorf’s Luxury Condos to Debut in Manhattan Market Glut

New York’s Waldorf Astoria hotel will be re-opened this week as a condominium building.

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SEC Probes Owner of Chicago Apartments After Bond Default

The non-profit used municipal bonds to finance the acquisitions of thousands of low-income apartments in the Chicago area.

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10 Must Reads for the CRE Industry Today

San Francisco will put to vote whether to tax landlords for empty storefronts, reports the Wall Street Journal. Amazon opens a cashierless grocery store, according to the Associated Press. These are today’s must reads from around the commercial real estate industry.

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