This chapter discusses the potential impact of lower interest rates on investment sales and the stock market's performance. It also mentions the bankruptcy of a company in November and the lease terminations and defaults that landlords are dealing with. The chapter then shifts to discussing Adam Newman, the former CEO of WeWork, who is launching his new apartment venture called 'Flow'. Flow is described as an apartment management play with a technology angle, aiming to streamline the resident experience through an app. The chapter concludes by mentioning that Flow is opening its first property.
In early November, the Deconstruct team flew to Miami for The Real Deal's annual showcase and forum. We're bringing you an interview we did live with the founders of Kaizen AI, Jay Shah and Anuj Shah. Kaizen uses artificial intelligence to analyze building designs, then retrofits them to be the most profitable project for any given space, taking developer wants into account.