On this episode of the Deconstructed: The Future of CRE podcast, host Vivek Kartha welcomes David Ferrero, EVP of Capital Markets at The Laramar Group. He shares his perspective on the current state of the CRE world, and what he thinks the future holds, especially involving data and PropTech.
David begins by talking about how the pandemic shock to the industry is unlike any we have seen in modern times.
He talks about how the market keeps trending up and to the right, despite the seismic shifts in where people are leaving, where they are going and what investors are buying. He also discusses whether or not he thinks the current market is approaching a bubble.
He goes on to talk about PropTech and why real estate has been left behind other industries in adapting new technologies and processes to help with decision-making. He explains that the most recent improvement in construction technology is arguably still the nail gun, and how PropTech might change all that.
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