Artificially Intelligent Real Estate Investing
Friday, August 04
The world was changed in 1997, when Deep Blue defeated World Chess Champion Garry Kasparov to signal a changing of the guard from humans to machines in chess, a game with an unthinkable number of possible positions.It took two decades and several major advances in computer hardware and artificial...
Why Software Will Eat Commercial Real Estate
Thursday, July 20
In 2011 Marc Andreessen penned the now-famous Wall Street Journal Article “Why Software is Eating the World”. If you’re not familiar with Andreessen, he was an early online technology pioneer, runs a top Silicon Valley venture capital firm, was an early investor in Facebook, Twitter, and LinkedIn...
What’s hot in commercial real estate fintech?
Monday, June 26
If your work pertains to commercial real estate finance and you’re not familiar with the term “fintech”, I have two thoughts for you: You’re asking to be disrupted.You’ve come to the right blog, because we’re going to help.Fintech is simply an abbreviation for financial technology, and it has bee...
When the capital stack gets mezzy
Wednesday, May 31
What is “mezz”?Mezz is an abbreviation for mezzanine, a level of financing between a senior loan (your typical commercial mortgage) and the owners’ equity. There can be a few different ways mezzanine financing can be structured to fill up the capital stack. Here we’ll focus on a mezzanine loan, a...
Checklist: What you’ll need to get a commercial real estate loan offer
Wednesday, May 24
What is the right time to seek out financing for a commercial real estate project? The process can sometimes take a while from soup to nuts, so the earlier you can have your ducks in a row, the better. Here we’ll cover the items you need to have ready in order to line up financing quotes from len...
Factors that affect your commercial mortgage rate
Monday, May 08
There are several factors which will affect the rate of your commercial mortgage (loan for commercial real estate). While the underwriting practices of lenders vary, there are several key factors that will determine which lenders are your best bet, and how competitive your rate will be. It all co...