We will never be fully automated. Employers will never get ahead of the race."

A study projects it would cost $167 billion to rebuild South Florida homes, assuming total destruction.

The deal, through a subsidiary that will serve as asset manager for the Colorado multifamily properties, was facilitated on behalf of IPC's 1031 investment programs—Colorado Multifamily DST.

In the first quarter, tech investment activity in San Diego already hit one-third of the total investment volume for 2018.