Ivory Prize Winners will be announced in May, at this year's PCBC Conference in Anaheim. $300,000 in prize money will be distributed between at least three winners selected across the three award categories — construction and design, public policy and regulatory reform, and finance.

A lesson from LVMH on the critical importance of Creative Directors and the need for a similar role in real estate.

Here is our selection of 50 achievers in the CRE space that are under age 40. Read their stories to see why we picked them.

Amid growing shortages caused by global supply chain delays, developers are turning to prefabrication — the use of premade building parts like walls, staircases and even bathrooms.

“Our cities are really just getting more and more unaffordable as time goes by,” says Alfonso Medina of Madelon Group.

Madelon Group is planning dozens of prefabricated development projects in Colorado.

“Right now, developers are creating the wheel every time they start a new housing project, which is not only inefficient, but also expensive,” says co-founder of Madelon Group.

We’re in the midst of an affordable housing crisis that has only intensified at the start of the pandemic. Consider this: housing is a basic human need but finding affordable housing options, especially in popular cities throughout the U.S., has become increasingly difficult.

Some entrepreneurs have turned their attention to housing construction, an industry with a steep learning curve and one that for decades has resisted Silicon Valley-style disruption.

What’s spaghetti without meatballs, a movie without popcorn, or Forest without Jenny? The answer: not much. After being paired with their soulmates, these duos have become iconic.

The take-away here is no matter how incredible something might be on its own, it will never attain its highest form until it meets its better half. The same is true for technology. As published by the Harvard Business Review, what makes a new product or technology truly transformative is not a single feature, but rather, the pairing of this new technology with an emerging market need through a new business model.

After having designed one of the first ground-up co-living buildings in the world (Casa Uno), Alfonso Medina co-founded Madelon, a start-up focused on the future of housing, where he serves as CEO. He is also chairman and CEO of Ikigai Holdings, a real estate holding company that encopasses development, construction and architecture companies in Mexico City and Tijuana, Mexico.

Madelon Group, a housing company that streamlines the development process for modern, urban living spaces, today announced the official launch of REDtech. The first-of-its-kind real estate development platform is designed to facilitate a seamless start-to-finish approach to multifamily prefabricated and modular development. By bringing standardization and automation to the pre-development process, REDtech rapidly decreases the time, risk, and uncertainty associated with ground-up multifamily development, and paves the way for increased housing supply.

It’s a misconception to assume everyone understands things that seem obvious to me. Working on a project for a long time can create this illusion that everyone should understand it at first glance, because you do. Especially when approaching a project in a non-traditional way, you’re challenging preconceived ideas and that can be difficult for others to digest. I’ve learned to keep this in mind when pitching new ideas, products, and solutions to different audiences.

A New York-based developer recently started leasing a co-living building in Bed Stuy that could potentially double gross rents per unit as well as provide reasonably priced, flexible furnished living spaces to people transitioning in and out of the area.

Maison Jefferson, a flexible living concept that offers fully furnished spaces at accessible price points, recently held its grand opening in Brooklyn’s Bedford-Stuyvesant neighborhood. Located at 568 Jefferson Ave. and developed by Duke Properties and Oceanica Partners. the adaptive reuse property launched leasing this month.

Housing is Alfonso Medina's passion. The serial entrepreneur helms two companies that operate across the U.S. and Mexico: Madelon Group, which develops prefabricated and adaptive reuse housing, and Ikigai Holdings, a real estate holding company.