REAL ESTATE TECHNOLOGY, AGENT
Cadre | March 01, 2023
On February 28, 2023, Cadre, a technology-driven real estate investment management leader, announced its launch of an individual retirement account (IRA) solution. Through the solution, the investors are enabled to allocate their IRA funds into CRE (commercial real estate) via the Carde platform. The real estate company anticipates that the new investment option will continue to broaden access to CRE – a typically tax-advantaged asset class with more extended investment periods and attractive risk-adjusted returns relative to stocks.
IRA investors who experienced a challenging year in 2022 would be offered Carde's new solution. According to the Investment Company Institute, between Q1 and Q3 2022, U.S. retirement market assets decreased by more than 18% and lost $7.1 trillion. As per YCharts, S&P 500 Index Returns, and NCREIF Property Index, total returns for all property types IRAs held the majority of retirement assets holding over $11 trillion in assets allocated to equity funds. While S&P 500 index declined by more than 13%, whereas NCREIF Property Index increased by 9.13%.
Cadre's IRA solution follows the 2022 launch of the Cadre Horizon Fund, enabling retirement-focused investors to allocate IRA funds to the Fund via Cadre's online platform. The Cadre Horizon Fund can be held with a number of leading IRA custodians, including Equity Trust Company, The Entrust Group, and Millennium Trust Company. In addition, Cadre's Investor Relations team can help interested investors navigate the allocation process and determine Cadre's compatibility with other preferred IRA custodians.
Based in New York, Cadre is the premier technology-driven commercial real estate investment platform that offers individuals and institutional investors the opportunity to access expertly curated real estate assets with low fees, lower minimums, and unprecedented potential for liquidity. Cadre enables access to a historically opaque and illiquid asset class through its data-driven and transparent methodology. Cadre has closed more than $5 billion in real estate transactions across 25 U.S. markets since its founding in 2014.
REAL ESTATE TECHNOLOGY,AGENT
SkySlope | January 10, 2023
Oregon Real Estate Forms, LLC (OREF) has recently added the SkySlope disclosure solution, Breeze, to its benefits program.
Breeze is a simple, guided digital workflow that helps agents and sellers easily complete disclosure forms.
OREF, based in Eugene (Oregon), develops and licenses real estate transaction and advisory forms for real estate professionals in Oregon. Almost a year ago, the organization turned to SkySlope to overhaul the experience of digital forms for the agents.
"Since its launch, OREF's partnership with SkySlope has been incredibly successful," says OREF CEO Melissa Peterson. She added, "SkySlope's ease of use, award-winning customer service, and time-saving functionality has helped to reinvent the form-filling process for our members. As we looked to 2023, we were interested to see how we could grow our partnership with SkySlope to optimize our member experience and provide additional value."
(Source: PR Newswire)
SkySlope Breeze, a digital disclosure solution that converts seller disclosures into a guided digital questionnaire, is being incorporated by OREF into their member benefits package to broaden its offerings.
"Breeze provides a guided workflow that helps sellers complete complicated disclosure forms with ease," says Peterson. "It's a win for sellers - and that's ultimately a win for agents."
(Source: PR Newswire)
Breeze transforms fill-in-the-blank disclosure forms like Oregon's SPDS into user-friendly procedures. This simplifies the time-consuming, legal jargon-heavy disclosure procedure. On the back end, sellers' responses populate form fields, resulting in complete disclosure forms. Breeze's convenience increases with in-app messaging that allows sellers to integrate comments or questions for agents in the workflow.
SkySlope, a California-based prop-tech company, is trusted and innovative. Over 650,000 U.S. and Canadian real estate agents and 15 prominent U.S. brokerages use its digital transaction management platform. The startup wants to produce the best autonomous transaction platform. SkySlope lets brokers, agents, auditors, and transaction coordinators handle deals from contract to close. Its product package lets real estate professionals spend less time in front of a screen and more time helping customers.
REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT
Cresa and 4SITE by CORT | February 07, 2023
On February 06, 2023, one of the world's largest occupier-centric commercial real estate firms, Cresa and a provider of a sensor-based workplace occupancy and space utilization platform, 4SITE by CORT, announced their partnership. The two combined will help office occupiers optimize their workplaces.
Many occupiers are looking for ways to reduce underutilized space and real estate spending, as projected by economic headwinds and promoted by the pandemic in a trend. Cresa and 4SITE both acknowledge the importance of cost-effectiveness for businesses, but they also advocate for a more rounded strategy for optimizing workplace environments, one that considers the wants and needs of both employers and workers.
Cresa and 4SITE's partnership is ingrained in a shared commitment to help occupiers make decisions about their workplaces and using data. 4SITE's wireless sensors are the first of their kind, providing an easy-to-implement plug-and-play option that is both cost-effective and reliable for respondents' right to privacy. With 4SITE, you can track occupancy in real-time and get reports and dashboards that break down utilization averages and peaks, compare utilization across different types of spaces, and more.
Additionally, Cresa's Workplace Solutions Team will provide expert analysis as an add-on to the technology, where the experts leverage the data gleaned from 4SITE's sensors to shed light on how office space can be reduced or reorganized more efficiently. As a result, both partners give occupiers a competitive edge, one that reduces costs and improves the employee experience to bring people back to the office.
About 4SITE by CORT
Based in Chantilly, Virginia, 4SITE is wholly owned by CORT Business Services, a Delaware corporation. 4SITE was created to help office occupiers effectively and efficiently understand the use of office space and provide the required data to assess future office space requirements. By tracking how much space is being used, CORT and its clients can adapt to the needs of a rapidly changing workforce. A 4SITE workplace occupancy study that includes accurate and proactive information can help promote a healthy facility by providing the correct information on how space is used.
Founded in 1993, Cresa is a global commercial real estate advisor. The company specializes in delivering fully integrated real estate solutions and represents occupiers. To think beyond space, enhancing and strengthening the quality of life for clients. Its services are provided across industries, including Workplace Solutions, Consulting, Lease Administration, Transaction Management, Project Management, Technology, Investment Banking & Capital Markets and Portfolio Solutions. In collaboration with London-based Knight Frank, Cresa employs 16,000 people across 380 offices in 51 countries to provide customer service.