Nine Four Insights

Weekly Reads

Millennials and Multifamily Sustainability | Nine Four Ventures

‘Millennials are the first generation to have grown up in a socially conscious world where climate change is a serious and impending subject. Studies show that 79% of millennial employees are loyal to companies that care about their effect on society.  With that said, how can this be translated into the multifamily space and how can property owners and operators implement the right technology to not only gratify residents but to also make an impact?’

2020 Best Tech Startups in Nashville | Tech Tribune

*Featuring Built Technologies

“Built Technologies is a Nashville-based FinTech company bringing construction lending into the digital age. Built’s software streamlines the collateral monitoring and draw process associated with servicing construction loans – a process widely recognized as highly cumbersome, costly, and fraught with risk. By digitizing the process, lenders can now use data to make more informed decisions on their loans and simultaneously provide their borrowers a convenient, digital experience with faster access to money to push projects forward.”

Stay Alfred Named One of Washington’s Best Workplaces | Digital Journal

“Being named one of the best workplaces in the entire state of Washington is a great achievement and a testament to years of dedication and hard work by Stay Alfred leaders,” said Jordan Allen, CEO of Stay Alfred. “We’ve seen incredible business growth driven by consumer demand for alternative accommodations, and with that, the expansion of both our teams at our Spokane Valley headquarters and our remote staff in each of the cities in which we operate.”

Can Tech Help Make CRE Recession-Proof? | Forbes

‘During a recession, it is essential to understand the commercial real estate market, and there is simply no better way to do that than to adopt tech platforms and tools that let you look at both similar historical records as well as current conditions to help you make better, more informed decisions under conditions that don’t leave you much breathing room for mistakes.’

CBRE, After Launching WeWork Competitor, Forecasts Coworking Shift | Bisnow

‘A new report from CBRE predicts that the market for U.S. coworking space will continue to expand robustly over next decade, despite any coming recessions. The report’s high-growth scenario has as much as 22% of office space occupied by coworking entities by 2030, and even the low-growth scenario puts the total by then at 6.5%, up from the current 1.8%.’

 

 

 

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