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A study finds that there is frequently a lack of understanding on the part of proptech founders when it comes to decision-making processes in the real estate sector.
The probability of a CRE finance disruption in the next six to 18 months is as elevated as it was prior to 2007-2008, writes CCIM Institute's chief economist.
“By year-end 2018, Chicago hotels are forecast to see a RevPAR increase of 4.1%," says Mark Eble, managing director and Chicago practice leader for CBRE Hotels Advisory.
"Most of the value-add product still has a demonstrable gap to the newer product, allowing for these opportunities to invest in improvements,” says CBRE's Ted Abramson.