Jacob Frydman, like the majority of experts, believes that the recent influx of technology will impact commercial real estate (CRE) in a positive way. He notes that CRE technology firms will undoubtedly have an impact on four areas of the industry: leasing data and workflow platforms, “open source” data exchanges, advanced analytics platforms, and online marketplace solutions. In a Forbes Insights survey of 201 senior executives at CRE firms, 55 percent agreed that technology is revolutionizing their industry. Half of the respondents said they are already benefiting from the latest CRE-focused technology, yet only 11 percent rated themselves as “leading edge” in the area of implementing that technology. The survey was conducted between February 12 and March 14 of this year.
Jacob Frydman has over 30 years of experience in structuring, financing and executing highly complex real estate transactions, valued at more than $2 billion. Notable achievements of his career include Two Dag Hammarskjöld Plaza, an office tower in midtown Manhattan used by foreign governments for their missions to the United Nations, and redeveloping the Aetna Building in lower Manhattan’s financial district. Frydman has been a guest lecturer on real estate finance at Columbia University and in the Master’s Lecturer series sponsored by New York Law School. An avid philanthropist, he is a firm supporter of Chabad of Dutchess County, the Brem Foundation to Defeat Breast Cancer, and other organizations. He generously dedicates much of his time and capital to programs aimed at helping people in struggling communities, and is proud to have recently joined the National Committee for Furtherance of Jewish Education (NCFJE) in support of its Released Time program of Greater New York.
Jacob Frydman – CEO & Chairman – United Realty Advisors, LP – LinkedIn: https://www.linkedin.com/in/jacobfrydman
Jacob Frydman – Huffington Post: http://www.huffingtonpost.com/author/jacob-frydman