Industrial and multifamily: Many property owners have looming debt maturities approaching and may have been unable to meet covenants amid revenue shortfalls and other pandemic-related constraints.The lower cost of capital is offering real estate companies the chance to catch up on technologies such as artificial intelligence, machine learning and cloud-based solutions, while mitigating the financial burden associated with digital transformation. Data analytics: Improved data analysis is helping early adopters to better weather pandemic headwinds and identify new deals in the rapidly changing real estate landscape.Meanwhile, as airports, hotels and retail spaces experience a decline in use, new opportunities such as mixed-use properties are coming to the fore. Repurposing space: The shortage of affordable housing in major cities such as New York and San Francisco provides opportunities to improve cityscapes by building on vacant sites.Green financing incentives allow businesses to advance sustainability goals such as energy and water reduction, use of environmentally friendly materials and related measures. carbon reduction and other sustainability measures. Green initiatives: The United States has rejoined the Paris Agreement, and the Biden administration is quickly rolling out plans for U.S.Pandemic protocols: New safety standards for office buildings, factories, hotels, hospitals and other commercial properties call for the installation of touchless technologies, new equipment like high-performance HVAC and sanitation systems, and significant reconfiguration of space to meet social distancing protocols, among other changes.Commercial real estate and construction are undergoing significant transformation due to the pandemic these industries cannot afford to sit by on the investment sidelines, even as many face margin pressures and reduced cash flows and liquidity.įrom office buildings to industrial sites, inexpensive capital affords real estate operators and investors the chance to get ahead in what promises to be a hypercompetitive post-pandemic environment.

Inexpensive real estate crm