![]() Blockchain also may one day become a standard way for brokers and their investor clients to find and evaluate properties. In the coming years, lenders will likely integrate blockchain into their underwriting and origination systems. The traditional commercial mortgage broker shouldn’t fear the coming of blockchain, but they should follow its evolutionary progress carefully as the technology enters the commercial real estate mainstream. Blockchain commercial real estate also can be used to help investors make better decisions about their assets, as well as by lowering costs while speeding up due-diligence and closing processes. In the coming years, blockchain commercial real estate could greatly expand access to property information across the country, creating a more open and less fractured commercial real estate market. A warehouse, a shopping center, or an office asset could be routinely tokenized within a new blockchain-enabled digital market, with shares of the property bought and sold like a publicly-traded company.Īside from this futuristic possibility, blockchain has numerous applications in traditional real estate transactions that involve straight debt financing. Some technologists and industry analysts believe that blockchain will one day thoroughly disrupt the market, creating an entirely new way of investing in real estate. ![]() One of the ways they will likely evolve is through the use of blockchain technology.Īlthough blockchain is most closely associated with bitcoin and cryptocurrency, it has several potential uses in commercial real estate finance. Edward Nwokedi Announces Launch of CRE-blockchain company, RedSwan.io. ![]() They need to embrace demands for more transparency and more efficient technological practices. Red Swan: Real Estate Tokenization Platform RedSwan CRE Looks to Raise 5 Million. This makes sense, given how much competition there is in the space. Not only have commercial mortgage and real estate companies been traditionally slower to embrace trends and technology, but they also can be notoriously stingy about keeping operations and strategies close to the vest. TheseĮfficiencies are slowly making their way into commercial real estate, but the emphasis is on “slowly.” Technology has allowed us to connect with our devices and each other in new ways. The world around us keeps getting smarter. ![]() In fact, real estate blockchain is already gaining popularity as a way for buyers, sellers and investors to interact with each other and learn about properties. Check out this full article for blockchain commercial real estate within the attached PDF – Download Before long, they’ll all be purchased on a blockchain. ![]()
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