Nine Four Insights

Weekly Reads

Underwriting Software: One Size Does Not Fit All | Nine Four Ventures

‘I believe that for underwriting software to truly take off in the real estate industry, it needs to be flexible and built for the numerous differences between buildings that exist in commercial real estate.’

As Apartments Continue To Shrink, Developers Redefine Micro-Living | Bisnow

‘Renters all over the country are choosing smaller units with bigger rents, all in the name of proximity to bars, restaurants and cafés, according to a recent study by RentCafé using data by Yardi Matrix. The average size of an apartment built in 2018 in the U.S. was 941 SF — 5% smaller than an average apartment built a decade prior.’

The We Company Debuts New Subscription-Free Coworking And Retail Space | Bisnow

‘On Tuesday, The We Company announced on its blog the debut of Made by We, a hybrid of coworking and retail, at 902 Broadway in Manhattan’s Flatiron District. For the first time in a space managed by The We Company, the nearly 100 desks in the space can be reserved on demand, without a membership.’

Multi-Family Tech Trends Shaping the Future | CRETech

‘According to the CBRE 2018 US Real Estate Market Outlook, multi-family developers are on pace for the second-highest annual completions count, with over a quarter million units expected. Adoption of tech is rapid across all areas and there is no doubt tech will continue to infiltrate every aspect of the lifestyle at both work and home’

No Pay Stub? No Problem. Unconventional Mortgages Make a Comeback | Wall Street Journal

‘Lenders issued $34 billion of these unconventional mortgages in the first three quarters of 2018, a 24% increase from the same period a year earlier, according to Inside Mortgage Finance, an industry research group.’

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