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Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin. For the first time in over 25 years, the U.S. office market is on track to shrink. After years of overbuilding and underutilization, developers are finally confronting the sector’s oversupply head-on through a combination of demolitions, adaptive reuse, and a dramatic pullback in new construction. Aging, underperforming office towers are increasingly being ta…
CREtech
Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin. For the first time in over 25 years, the U.S. office market is on track to shrink. After years of overbuilding and underutilization, developers are finally confronting the sector’s oversupply head-on through a combination of demolitions, adaptive reuse, and a dramatic pullback in new construction. Aging, underperforming office towers are increasingly being ta…
CREtech
Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin. Artificial intelligence is rapidly reshaping the real estate industry, with Morgan Stanley projecting that 37% of industry tasks could be automated by 2030, generating up to $34 billion in operating efficiencies. From digital receptionists to AI-driven valuation models, real estate firms are integrating technology to streamline staffing, reduce infrastructure…
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