Leading VCs discuss how COVID-19 is impacting real estate & proptech

Hospitality is dispersing — from a few destinations to many, from hotel towers to individual rooms — and value is shifting from from asset-heavy hotel companies to the network-based Airbnb. As knowledge workers come back to the office after a year of working from home, they won’t want to give up their newfound flexibility. The rise of gig workers, ... See more

Commercial real estate is the most sensitive to the economic cycle, and my demographic forecasts show slow workforce growth into around 2023 before it starts to turn up again. My general advice is to avoid commercial real estate, except to buy foreclosures priced low or below replacement costs, which can then be repositioned for positive cash flow

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Ill-timed though it may have been, the rollout of Soho Works also positions the company well for the post-Covid era, in which remote work is expected to remain the norm, companies are shrinking their footprints, and nobody wants to spend any more time at home than is strictly necessary. Though they’re hardly the only game in town, the plummeting ca... See more