September 6th, 2016
Each week, I select a few articles that rise above the fray and hopefully help you on your journey in the CRE world. They pull from one of four “corners:” corporate real estate, technology, management science and anything positive. I welcome your comments on these articles and the submissions of others (with credit to you if I post them). I wish you a terrific week!
Capital Remains Cheap Despite Looming Fed Hike
“Even if the Fed raises rates another 25 to 50 basis points, the investment sales market is not likely to have a significant reaction as rates are still incredibly low compared to historical levels. In addition, there are a number of factors that will keep downward pressure on cap rates even as interest rates rise, including compelling risk-adjusted returns for real estate and the strong demand from foreign investors for U.S. real estate” www.nreionline.com
How To Rescue Your Attention Span From Information Overload
“It’s a myth that we’re at the mercy of an unending onslaught of information. Actually, we make choices about where we direct our attention every day, says neuroscientist Daniel Levitin, PhD, a psychology professor at McGill University. Sometimes, we just need to be more selective about where our attention goes.” www.fastcompany.com
How the ‘Low-Hanging Fruit’ Myth Is Hurting Your Business
“The problem, as I’ve learned over time, is that the notion of low-hanging fruit is flawed. We assume that picking it will be easy only because we’ve never tried to do it before. You think you know, but actually you don’t. In my mind, declaring that an unfamiliar task will yield low-hanging fruit is almost always an admission that you have little insight about what you’re setting out to do. And any estimate of how much work it’ll take to do something you’ve never tried before is likely to be off by degrees of magnitude.” www.inc.com
What Kids Wish Their Teachers Knew
“When Kyle Schwartz started teaching third grade at Doull Elementary School in Denver, she wanted to get to know her students better. She asked them to finish the sentence “I wish my teacher knew.” The responses were eye-opening for Ms. Schwartz. Some children were struggling with poverty (“I wish my teacher knew I don’t have pencils at home to do my homework”); an absent parent (“I wish my teacher knew that sometimes my reading log is not signed because my mom isn’t around a lot”); and a parent taken away (“I wish my teacher knew how much I miss my dad because he got deported to Mexico when I was 3 years old and I haven’t seen him in six years”).” www.nytimes.com
Will Pedestrians Be Able to Tell What a Driverless Car Is About to Do?
“Engineers and designers will also have to take into account some of the new challenges that accompany driverlessness. For instance: How will self-driving vehicles communicate with human drivers, pedestrians, and bicyclists? The use of blinkers, brake lights, and hazard lights can be automated, surely, but there are many human gestures and cues that are a crucial part of how people navigate the roads—eye contact, the waving of a hand at an intersection—which a machine can’t precisely emulate.” www.theatlantic.com
“We learn from birth how to communicate with other people, but communicating with machines is a very different skill.”Click to tweet
Your success blesses others. I wish you a great a hugely impactful week!