The Wall Street Journal ran an article today about Starwood's rollout of virtual hotel room keys that are stored in smart phone apps. With this application, you'll be able to zip past the front desk, avoid the lines and open you hotel room door with the flick of a wrist using your phone.

You should expect that the virtual key will become a staple for all major brand hotels in the not too distant future. However, one can't help but suspect that the new key app technology will emerge across a wide range of uses across all forms of real estate, from the home to the apartment—and all sorts of public facilities.

Working with a client in their office for a couple of days? No problem, your host will ping you and presto, you have unfettered access to the firm's locked offices, public bathrooms and the like.

And of course, on your way into the office, you pay your taxi fare with Way2Ride, a cool new app that enables you to pay with your phone and it gets charged directly to your credit card.
The technological changes that lay before us are fantastic, exciting, and they will be transformative.


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Director, Real Estate
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Associate
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CITIGROUP
Director-North America Corporate Realty Transactions Head
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GRAMERCY PROPERTY TRUST
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METLIFE REAL ESTATE INVESTMENTS
Equity Analyst – Asset Management and Acquisitions
(MORRISTOWN, NJ) The Analyst role is primarily a supporting role to the asset management and acquisitions teams for MetLife's General Account portfolio and third-party investors. The portfolio includes office buildings, retail, industrial, multi-family and hotels. Specific duties include: supporting the Head of Acquisitions in sourcing and originating new equity investment opportunities to satisfy the investment needs of the MetLife general account as well as third party investment accounts; supporting the asset management team in preparation of property operating budgets, capital budgets, income re-projections and Business plans; assisting in underwriting and valuation of commercial real estate assets; and in-depth analysis, assistance with the preparation of transaction approval memoranda.

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