News: Front Section

Willow named new partner of the MIT Center for Real Estate

Cambridge, MA Willow, the leading provider of digital twin solutions for modern, efficient and smart infrastructure and real estate, has become a corporate partner of the MIT Center for Real Estate (MITCRE). Willow will participate in opportunities to collaborate on research, engaging MIT expert voices in customer working groups and will take part in MITCRE’s global calendar of events. Willow will also become one of the founding partners of MITCRE’s newly formed Real Estate Technology Initiative (RETi), which explores advanced research in new areas of real estate technology.

MITCRE’s partnerships aim to benefit each of the Center’s constituent groups - students, faculty, researchers and the partners themselves - in a positive collaboration that serves the industry as a whole. By establishing a partnership with the Center, industry sponsors such as Willow, will help advance key research into real world applications while gaining special access to the Center’s intellectual capital and global network.

MITCRE brings together MIT’s renowned academic institution with corporate enterprise, partnering with groups that align with their core values. Willow is a technology that supports and aligns with MITCRE core values as it helps meet the challenges of an increasingly interconnected world.

Joshua Ridley, Willow Global CEO and Co-Founder said, “To see true industry change, we must first see collaboration across academia, technology, private and public sectors.”

“Digital twins are a new and emerging technology in the built world, and [Willow’s] ambition is that the partnership with MITCRE will continue to strengthen our value proposition through joint collaboration and research. We see this partnership as an opportunity for us to collaborate with one of the world’s leading educational institutions.”

Steve Weikal, Industry Chair of the Real Estate Technology Initiative, also shared, “We see Willow as a progressive leader in digital technology and one of our unique partners in this space. We look forward to this collaboration and the exciting future ahead.”

The MIT Center for Real Estate is a department at MIT which offers a Master’s of Science in Real Estate Development (MSRED), and interdisciplinary research linking academia with industry to meet the need for more informed decision-making and leading edge research in science and technology. MIT is uniquely positioned to help the industry increase its efficiency, prosperity and social responsibility. Through research and education initiatives at the MITCRE, MIT applies its tradition of excellence in technology, knowledge transfer and global reach to the real estate industry for developing innovations to help practitioners increase both responsibility and profitably. Since its founding in 1983, the MIT Center for Real Estate has partnered with organizations in every sector of the global real estate industry.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary