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Alex Wolkomir

PartnerNew York

Reimagining real estate; architecture, engineering, and construction (AEC); and infrastructure through the power of AI, digital, and design

Alex leads McKinsey’s work in using digital, analytics, and design to improve the real estate sector globally and drive meaningful value from real assets. He has a deep passion for using technology to transform the built environment and how people interact with it.

He works with leading real estate developers, investors, owners, operators, architecture and engineering firms, and proptech and contech companies on innovation and digital strategy, new business and product building, advanced analytics, experience and brand strategy, digital transformation, and operating model redesign. Alex also has shaped McKinsey’s approach to using the disruptive power of AI—including gen AI—to create tangible business value in the sector.

Additionally, Alex works extensively at the intersection of the real estate and financial services sectors, including on payments and residential and commercial mortgages. He has helped clients improve their strategy, operating models, and use of data throughout their transaction ecosystems.

Recent examples of Alex’s work include:

  • helping lead the digital transformation of a vertically integrated real estate owner-operator to enhance customer experience, drive operating efficiencies, and create new revenue streams
  • building a new digital product used in more than 20 million square feet of commercial real estate, focused on improving the tenant experience and creating value for the owner/operator (including by more energy efficiency and new revenue streams from services powered by IoT)
  • crafting the 5-year enterprise growth strategy for a major luxury hospitality company seeking to expand its brand and enter new business lines
  • helping create a new digital and physical hybrid product for a major architecture, engineering, and construction firm. The product uses IoT and space-based data as well as materials and construction data to shape the design and build of built environments
  • designing and developing a new business unit and a new product for a major real estate transaction ecosystem
  • developing a new, digitally enabled property management business for a megaproject developer that encompasses residential, recreation, and hospitality
  • verticals

Alex holds a graduate degree in design and engineering from Stanford’s d.school. Additionally, he holds a degree in finance and statistics from the Wharton School and a degree in International Studies from the University of Pennsylvania. He also holds a certificate in UX/UI Design from the Pratt Institute in New York.

Prior to joining McKinsey, Alex worked on innovation and IoT strategy for the International Rescue Committee in Amman, Jordan, focused on using technology to improve the experience of refugees and humanitarian workers impacted by the Syrian refugee crisis.

PUBLISHED WORK

The new real estate investment edge: Tech-enabled brand, CX, and loyalty,” McKinsey & Company, May 2024 

Generative AI can change real estate, but the industry must change to reap the benefits,” McKinsey & Company, November 2023

The workplace will never be the same: Imperatives for real-estate owners and operators,” McKinsey & Company, April 2021

EDUCATION

Stanford University
MS, Design and Engineering at the d.school

Wharton School, University of Pennsylvania
BS, Economics

University of Pennsylvania
BA, International Studies

Pratt Institute
Certificate in UX/UI Design