Rising Stars of Real Estate – Algo Pricing and Future of Office

Hello! Dan DeFrancescoNervously checking in from NYC before the big US-Iran World Cup match. 

Today we have stories about The latest casualty in the FTX mess, a deep dive on a Peer-to-Eye financial products are being created by terrifying PE firmsAnd One college athlete has more than $250,000 in endorsement deals.

Let me first tell you, I have some properties that you are going to love.

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1. Rising stars in real estate

There is no shortage of connections between Wall Street and the real estate industry. 

Blackstone’s or notBig bets on warehousesSingle-family homes, financial firms You should rethink how you use your office space.Wall Streeters, or? Spend millions on expensive homesDeep ties exist between the worlds. 

We thought it only right to highlight Insider’s. The third-annual listing of rising stars in realty. 

Insider went through over 100 nominations, and also analyzed the deep Rolodexes of our reporters to identify the top 30 young professionals working in residential and commercial realty.

Hana R. Albers, Insider’s real estate deputy editor, was my guide to what stands out on this year’s list. Two of the main themes — the future of the office and home-pricing algorithms — are near and dear to Wall Street’s heart. 

This is a topic of ongoing debate among executives at financial companies. Many want employees to return to work while others are trying to figure out how a hybrid approach will impact company culture. The second boils down to using tech to automate, innovate, a crucial, but often costly, part of the company, which Wall Street is familiar with. 

Hana selected a few people Hana felt were particularly relevant to our audience, even though the entire list was impressive. 

Megan LeMense, a 34-year-old former WeWorker, is looking to the future of her office as she works at Raise Commercial Real Estate. Sam Stone, 34 years old, is also looking towards the future. He particularly wants one with more digitization. At the embattled iBuyer OpenDoor, he is the director of product management and pricing. 

Blackstone would not be on any real-estate list if it didn’t include Blackstone. Kanaai, the youngest member of this class at the young age of 23 is focusing on affordable housing investments for the large investment firm. 

Our list doesn’t only include those who make a lot of money. Maya Abood (34), is a housing and planning analyst for the City of Los Angeles Housing Department. She works on everything, from an eviction defense plan to establishing a community housing plan. 

Click here for the full list of 30 rising stars within real estate.

Other news:

2. A new lawsuit claims that Leon Black was accused in rape of a woman at Jeffrey Epstein’s mansion. According to Reuters, the suit against Apollo Global Management cofounder and billionaire is seeking damages for sexual abuse and intentional infliction emotional distress. Learn more.

3. Another one takes the cake. BlockFi is the latest crypto company to get involved in the FTX scandal. Monday was the bankruptcy filing date for the crypto lender. According to the Financial Times, the filing was made just hours after the filing. BlockFi also sued Sam Bankman Fried’s holding companyRobinhood shares to be seized by. So far, this is all we know.. 

4. There is more to marijuana than just weed. Companies that grow cannabis are looking to increase their stock prices by expanding into beer or sports drinks. Top executives discuss why they are pivoting and what the future holds. 

5. RIP crypto. Mizuho analyst Dan Dolev claimed that crypto is dead during a CNBC interview. He added that other exchanges will not see a rise in the wake of FTX’s demise. Here are the reasons he is so bearish. 

6. Not only college athletes are making money from endorsement deals. Jon Seaton was a walk on for Elon University’s football team. However, he still managed to earn more than $250,000 through deals. This is what he did.. 

7. Let me introduce you to a financial product which should scare you. Private equity firms have the ability to buy out shares of beleaguered companies in order to appear stronger. (Sound familiar?) To learn more, take a look at this deep dive of the Financial Times. 

8. China’s “zero COVID” policy is causing protests. Experts weigh in on the possible responses of the Chinese government. They were right.. 

9. You might consider renting her West Village townhouse to the Swiftie in you life. Taylor Swift’s song, “Cornelia Street”, is a reference the three-story home that is currently on the market for $45,000 per month. Take a look at the inside of this sitee.  

10. As if life weren’t hard enough, the largest active volcano in the world just erupted. Here are the latest updates on Hawaii’s Mauna Loa.. 

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Edited by Jeffrey Cane. @jeffrey_cane) in New York and Hallam Bullock (tweet @hallam_bullock) in London.