CNBC Property Play brings you interviews with some of the biggest names in real estate, touching on everything from commercial and residential to finance and the mortgage markets, innovation in the industry and the growing risk to assets and operations from climate change.

CNBC’s Diana Olick speaks with Tony Giordano, a luxury real estate broker and crypto pioneer. Giordano breaks down how blockchain could slash closing costs by up to 75%, why transferable mortgage bonds could let investors move low interest rates to new properties, how tokenization is opening U.S. commercial real estate to foreign capital, and why he predicts the entire industry will operate on blockchain within a decade.

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