PALO ALTO, CA—Technology is changing the way real estate investing is done. That is according to Adam Hooper, CEO and co-founder of RealCrowd Inc., a company at the forefront of that burgeoning industry.
Hooper, who recently was featured as one of Real Estate Forum's “Fifty Under 40” candidates, notes that “the biggest thing we are seeing is the fact that technology is seeping into the real estate industry and younger generations will embrace this trend.” Technology, he says, is going to have a transformative impact on how the commercial real estate industry functions.
“In some ways the 'art of the deal' is already being replaced by technology and analytics—in theory this should bring more efficiency and transparency to the industry,” Adam adds. “While historically there has been value in the opacity of the investment markets, this new shift toward a more transparent market will allow more participants to get involved on equal footing via platforms such as RealCrowd.”
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