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TECHNOLOGY: NEW YORK CITY JEROLD E. NOVACK, CFO & SEVP OF BLUEROCK REAL ESTATE, LLC.

Jerold E. Novack | TECHNOLOGY: New York City

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Page 1: Jerold E. Novack | TECHNOLOGY: New York City

T E C H N O L O G Y: N E W Y O R K C I T Y J E R O L D E . N O VA C K , C F O & S E V P O F B L U E R O C K R E A L E S TA T E , L L C .

Page 2: Jerold E. Novack | TECHNOLOGY: New York City

T H I S I S T H E A G E O F FA S T, R E A D I LY AVA I L A B L E I N F O R M AT I O N

Page 3: Jerold E. Novack | TECHNOLOGY: New York City

I N A C I T Y L I K E N E W Y O R K , W H I C H AT T R A C T S T H E B E S T A N D B R I G H T E S T O F R E A L E S TAT E P R O F E S S I O N A L S , T H E Y D E S E R V E J U S T T H AT I N T E R M S O F T E C H N O L O G Y: T H E B E S T A N D T H E B R I G H T E S T.

Page 4: Jerold E. Novack | TECHNOLOGY: New York City

B O T H O N T H E C O M M E R C I A L A N D R E S I D E N T I A L S C A L E , O N L I N E P L AT F O R M S C A N A S S I S T I N E F F I C I E N T LY A N D I N T E L L I G E N T LY C O M P L E T I N G W O R K . A N A LY Z I N G T R E N D S B E C O M E S I M P L E R , M A R K E T C H A N G E S A R E E A S I E R T O D E T E C T, R E S U LT I N G I N M O R E C O N C R E T E A D V I C E D E R I V E D F R O M S O L I D

F O R R E A L E S TA T E P R O F E S S I O N A L S …

Page 5: Jerold E. Novack | TECHNOLOGY: New York City

T H E M A R R I A G E O F R E A L E S TAT E A N D T E C H N O L O G Y I S E X PA N D I N G T O A L L FA C E T S O F T H E I N D U S T R Y, W I T H N E W Y O R K R E A L E S TAT E I N V E S T O R S S U R G I N G A P P R O X I M AT E LY $ 6 2 M I L L I O N I N T O P L AT F O R M S A I M E D T O E N H A N C E T H E S Y S T E M F O R B O T H R E S I D E N T I A L A N D C O M M E R C I A L R E A L E S TAT E .

Page 6: Jerold E. Novack | TECHNOLOGY: New York City

That $62 million is almost 20 percent of the $322.5 million that has been invested in tech companies globally in 2015,

the majority of that money–$221.8 million–has gone towards tech companies focusing exclusively on commercial real

estate. The remaining $100.7 million went towards companies dealing with residential real estate.

Page 7: Jerold E. Novack | TECHNOLOGY: New York City

A B O U T 8 5 P E R C E N T O F T H O S E W O R K I N G I N C O M M E R C I A L R E A L E S TAT E S A I D T H E Y W E R E TA K I N G T H E T I M E T O U N D E R S TA N D H O W T H E S E N E W P L AT F O R M S H AV E P O T E N T I A L I M PA C T O N T H E I R B U S I N E S S . O V E R A L L , 4 5 P E R C E N T O F T H O S E P O L L E D B E L I E V E T H E I R B R O K E R A G E I S I N T E R E S T E D I N F O L D I N G N E W R E A L E S TAT E T E C H N O L O G Y I N T O T H E I R B U S I N E S S S T R AT E G Y.

O F T H E F I V E - H U N D R E D C O M M E R C I A L A N D R E S I D E N T I A L R E A L E S TAT E P R O F E S S I O N A L S P O L L E D F O R T H E R E : T E C H R E P O R T

Page 8: Jerold E. Novack | TECHNOLOGY: New York City

A N D I T ’ S A S M A R T D E C I S I O N T O M A K E : N Y C -B A S E D R E A L E S TAT E T E C H C O M PA N I E S R A K E D I N $ 2 8 M I L L I O N I N T H E F I R S T Q U A R T E R O F 2 0 1 5 , A N D $ 3 4 M I L L I O N I N T H E S E C O N D .

Page 9: Jerold E. Novack | TECHNOLOGY: New York City

H T T P : / / J E R R Y N O VA C K . B I Z /

W A N T T O D I S C O V E R R E S O U R C E C R O W D F U N D I N G P L A T F O R M S ? L E A R N M O R E O N J E R R Y N O VA C K ’ S A S S E T M A N A G E M E N T B L O G