The Pandemic May Be A Boon To PropTech Real Estate Emerging Industry As Companies Embracing Technology See Advantages In Real Time Presentations, Blockchain Driven Agreements, Application Of New Technology And Utilization Of New Software; Metrospaces (OTC: MSPC), Launches Beta Testing On its Two New PropTech Real Estate Platforms

Posted November 1, 2021

In NASDAQ: BPYPM, NASDAQ: CRKN, NYSE: BX, NYSE: BXP, NYSE: DLR, NYSE: KIM, NYSE: REIT AMT, NYSE: VNO-PL, OTC PINK: MSPC, OTC: MSPC

From a sour lemon, some make great lemonade. Businesses that didn’t change failed during the COVID pandemic, but other firms embraced PropTech real estate technology and are succeeding. Instead of floundering, progressive firms saw the future of real time presentations, new and potentially green properties, blockchain paperless agreements, transparency and innovative software. As a result, they are growing. According to Forbes, some companies used the downturn and became PropTech innovators. At Metrospaces (OTC: MSPC), PropTech is the center focus of growth.

stockmarketpress.com features specialized coverage of related stocks including: Metrospaces (OTC: MSPC), Vornado Realty Trust (NYSE: VNO-PL), Blackstone Inc. (NYSE: BX), Brookfield Property Partners LP (NASDAQ: BPYPM), Blackstone, Inc. (NYSE: BX), Kimco Realty Corporation (NYSE: KIM), Boston Properties, Inc. (NYSE: BXP) American Tower Corporation Equity Lifestyle Properties, Inc. (NYSE: REIT AMT) and Digital Realty Trust (NYSE: DLR).

The Pandemic May Be A Boon To PropTech Real Estate Emerging Industry As Companies Embracing Technology See Advantages In Real Time Presentations, Blockchain Driven Agreements, Application Of New Technology And Utilization Of New Software; Metrospaces (OTC: MSPC), Launches Beta Testing On its Two New PropTech Real Estate Platforms

Forbes said that PropTech created a new industry in real estate for executives such as Daniel Tropp, president and founder of AEBOV Real Estate Industrial Real Estate Brokerage. Last March, when COVID was at its peak, Tropp was let go from an international shop. After surviving that blow, Tropp returned and offered real time interactive presentations to clients and began a new PropTech business.

Tropp said, “What ties us together is that over the course of the pandemic, working from home and starting businesses, people in the industry have been awakened to technology.” He added, “We are already starting to see how new technologies are impacting virtually every area of our business…These investments will continue to pay dividends.”

Indeed, commercial real estate has jumped to a record $193 billion in Q3. That represents an skyrocking increase of 19% higher than pre-pandemic 2019, as investors buy CRE for higher yields. The newest studies analyze how data from Red Capital Analytics shows that CRE sales in the first nine months of this year totaled $462.1 billion, or 10% higher than for the same nine month period in pre-COVID 2019. It set an all-time record.

“Coming out of COVID, we’re actually seeing an acceleration of fundamentals across a handful of sectors and that’s really driving investor attention,” Nadeem Meghji, the head of real estate, Americas, for Blackstone Inc. (NYSE: BX), told The Wall Street Journal.

Oscar Brito, CEO of Metrospaces (OTC: MSPC), is a real estate executive who early on saw the growth potential of PropTech real estate. His company is working with Shokworks, its tech-partner with MSPC and now a significant minority equity owner in MSPC. Shokworks has created proprietary blockchain-driven platforms for MSPC two new projects: Metrohouse and Metrocrowd.

Each of these two projects illustrate the impact of its new blockchain-driven platforms, enabling JV partners, principals, third-party developers to participate. MSPC can be a principal-to-assets company with tokenized assets on a crypto platform. Oscar Brito, in partnership with tech-partner and now significant minority equity owner partner Shokworks, is applying the new platforms to transform the thriving real estate industry. MSPC’s projects are:

Metrohouse Co-Living is tapping into one of the strongest trends for millennials and GenZ in residential living — co-tenants sharing a turn-key hi tech facility in a desired urban area. This is more than about paying a reduced share of total rent. It is also about creating an eco-environment of like minded professionals — sometimes ‘nomad’ technical workers who can work anywhere. After a prolonged COVID-19 lockdown, potential co-living participants can now enjoy and live in a safe environment they seek in a vetted community they desire.

Metrocrowd Tokenization is a platform for buildings offered to world class real estate principals on the platform. To these tokenized held assets, MSPC plans to offer profitable and unique assets on the new platform. One example case study may be a MSPC-acquired $3.85 million Houston office building now undergoing a hi-tech rehab.

Metrospaces (OTC PINK: MSPC) is seeking Beta Testers for its November-December test launch of its innovative MetroHouse and MetroCrowd platforms. Shareholders and potential investors are invited to apply for this testing opportunity. Beta for MetroHouse is scheduled for mid-November. Beta launch will be held for MetroCrowd in mid-December. To participate, MetroHouse testers can apply on this Google Form https://bit.ly/3nxqXvT. MetroCrowd applicants can apply on this Google Form https://bit.ly/2ZyhGLO.

The Beta testing for each platform is anticipated to use 200-300 users with mocked data content to provide a feel what live content could be. The test will last about 15 calendar days with the full app is scheduled to launch in Q2 2022.

Oscar Brito, CEO of MSPC, said, “We’re excited for our shareholders and potential investors to begin testing out MetroHouse and MetroCrowd. The feedback these industry experts provide will help us further highlight the competitive advantages and key features MetroHouse brings to the co-living eco system and MetroCrowd brings to real estate investing.”

“We feel good about where we are with the MetroHouse and MetroCrowd apps,” said Alejandro Laplana, CTO of Metrospaces. “It’s an exciting time to be part of the prop-tech industry and we can’t wait to see how beta testers respond.” The Pandemic May Be A Boon To PropTech Real Estate Emerging Industry As Companies Embracing Technology See Advantages In Real Time Presentations, Blockchain Driven Agreements, Application Of New Technology And Utilization Of New Software; Metrospaces (OTC: MSPC), Launches Beta Testing On its Two New PropTech Real Estate Platforms.

These platforms illustrate how MSPC is getting close to establishing Metrohouse and Metrocrowd. The application of blockchain technology, cryptocurrency — such as its preferred Cryptobucks processing app — and paperless green agreements with follow-up transparency. Equity investors can track precisely how agreements are progressing after the actual closing.

Chain of custody via blockchain in assets ensures all parties are aware that all agreements are executed precisely and properly. This builds confidence in the entire process, which is efficient. The platforms created by Shokworks — which also co-created Cryptobucks, the cryptocurrency processing app preferred by MSPC. Crypto bucks is accepted across all its platforms by MSPC.

Learn more about MSPC at metrospaces.com, http://metrospaces.com/

www.metrospaces.io Learn more about Crown Electrokinetics Corp. (NASDAQ: CRKN) at https://www.crownek.com/

Source: Stock Market Press

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Shannon Roxborough

Shannon Roxborough is SMP's senior contributor writer. A financial journalist for more than 20 years, he has covered U.S. and global markets across all sectors. A former correspondent with Money magazine and columnist with Small Cap Investor, his writings have appeared in The Wall Street Journal and numerous other financial publications.