Commercial Real Estate is getting on the blockchain

Blockchain Adoption in Real Estate - Blockchain technologies are disrupting financial services and other industries by tokenizing assets and speeding up transactions, with the real estate market now exploring its potential [1] - Industry players recognize blockchain-based smart contracts can significantly transform core real estate operations like property transactions, sales, financing, leasing, and management [4] - A report suggests the entire real estate industry could be on the blockchain within 10 years due to its security, cost savings, and speed [4][5] Cryptocurrency Integration - Fannie Mae and Freddie Mac are now considering a borrower's cryptocurrency holdings as assets for loan qualification [2][7] - Some lenders are offering crypto-backed mortgages for both residential and commercial properties [2] - Private equity firms are providing loans against Bitcoin assets, allowing individuals to purchase property traditionally without selling their cryptocurrency [3] - Cryptocurrency is being used as leverage in both residential and commercial real estate markets [8] Security and AI Impact - AI is accelerating the move to blockchain in real estate, but also increasing the risk of cybercrime, making blockchain's security features more appealing [8][9] - Blockchain technology offers a more secure platform to protect property records from being stolen or altered by cyber criminals [5][9][10] Tokenization - Companies are tokenizing real estate assets to sell them in pieces, similar to commercial mortgage-backed securities (CMBS) [5]