Revolution RE

@dimireadsthings 👍 vibe creation

Building is no longer the bottleneck, you can vibe code your idea over a weekend. So it’s all about distribution. And distribution today=video. Use this challenge to learn how to vibe create video. And walk away with $25K.

Offering $25K to the most cracked builder who can use Wonda to create a generational video about the future of content creation. Find details on how to apply below. 👇

PROPTECH-X : WEDI: vacancy rates and softening rental markets in key commercial hubs dlvr.it/TLYpZL #digitaltransformation #Proptech #Property #startups #realestate

Big scoop from @pat_clark (that I missed earlier bc his editors buried it in Bloomberg's Law portal)-- Lennar is looking to sell 11k apartment units. Would be one of largest portfolio deals in quite a while if it sells.

This is a big reason why apartment operators are laser focused on retaining residents. It's gotten really expensive to turn the unit. Materials and labor, yes, but also just more turn due to surge in supply hitting the market, giving renters more options-- often at discount.

Using multiple platforms is a thing of the past. Just ask Liz Braman, CEO and Co-Founder of @TheRevolutionRE, how Brex made it easy to mange spend all in one place. #GrowWithBrex

Monthly rent payments are more than just a transaction between a resident and a rental housing provider. They directly support 17.5 million jobs and finance local necessities like education and emergency services through property taxes. brnw.ch/21wDRwJ

Interesting tidbit from BankRegData: Of the $600b in multifamily bank loans, U.S. banks reported just 0.21% as non-performing as of Q2. That's one of the lowest NPL rates among all bank lending categories, and about 1/3 of the overall average.

Here are the U.S. metros (among top 150 largest) seeing the most rent growth right now, and one thing stands out: It's mostly small markets with very little new apartment construction. In fact, only one major metro remains above 4%-- Northern New Jersey. But what really jumps out are the college towns on this list... and even more that just missed the top 15 cut. In fact, nearly half of all U.S. markets ~4%+ could be called college towns. Why is that? Because there's very little new supply, even as construction nationally is at 50+ year highs. And why is there very little new supply? Well, rewind the clock back to 2020-21. College campuses were shut down due to the pandemic. That put a stop to most new construction starts. And since it takes a couple years to finish a project, that means very little is hitting the market in 2023-24. So while demand has rebounded in college towns, supply hasn't... and probably won't (to a significant degree, anyway) in most spots any time soon. Even as fundamentals have rebounded, the financing environment has deteriorated ... meaning it's still tough to build apartments in college towns (or anywhere else). Oh, and Midland/Odessa at 15%? This is a market that at any given time seems to always be at the very top or the very bottom of rent change leaderboards. Never in between. It's the ultimate boom/bust roller coaster. At one point in 2021, rents here had plunged as much as 32%.

@DevMuzzammil AI!

Chicago Fed research: Fed rate increases have already taken substantial effect on output but the majority of effects have yet to occur for labor market The model says the Fed has done enough to bring inflation to target by 2024 while avoiding a recession chicagofed.org/publications/c…

We are thrilled to present Elizabeth Braman, CCIM, CEO of @TheRevolutionRE and a dynamo in the proptech, fintech, and commercial real estate space, at the Multifamily Women® Summit on Sept. 6-7, 2023. multifamilywomen.com #wearemultifamily #multifamilywomen

June 2023 marks the second year-over-year rent decline in a row for 0-2 bedroom properties (-1.0% Y/Y) observed since trend data began in 2020 realtor.com/research/june-…

Revolution RE is thrilled to announce our participation in the upcoming Multifamily Demo Day on August 22-23, from 1-4pm EST (10am-1pm PST). Join us as we showcase the latest proptech innovations alongside industry leaders. Stay tuned for registration instructions. #DemoDay

On the Multifamily Innovation® Show, Elizabeth Braman, Co-founder and CEO of @TheRevolutionRE shares valuable insights on best-utilizing data and creating value for the multifamily customer, investor, and company. multifamilyinnovation.com/standardized-a… #multifamilyinnovation #multifamilypodcast

ConTech is coming, pushing PropTech out of the way, according to @propmodo: propmodo.com/move-over-prop…

The Bots will not replace us, at least not in real estate any time soon. Check out our insightful article on the coexistence of AI and the real estate industry. Click the link below to delve deeper into this fascinating topic. revolutionre.com/the-bots-will-…

Artificial intelligence (AI) is having a notable impact on the real estate industry. It has the potential to bring about positive change as well as potential negative effects. Click on the link to take a quick survey 📝 public.getmetasurvey.com/survey/645bdba…

bisnow.com/national/news/… #multifamily #proptech #data #operations

The developers of #multifamily property and software companies supporting them are on the front lines of the #housing affordability crisis. propmodo.com/blaming-softwa… via @propmodo