-
Real Estate Fintechs Try Their Hand at Solving the Housing Crisis
The US is in the midst of a housing crisis. Home prices have become unattainable—a problem that will only be exacerbated by rising interest rates—and nearly half of apartment renters pay 30% or more of their income on rent. Almost all experts, conservative and progressive alike, agree that the high cost of housing is the…
-
3 Ways Real Estate Data Analytics Help Developers Earn Higher Returns
In 2018, McKinsey & Co. published an article explaining why a data-driven approach to real estate development is better than relying on gut feelings. For example, the consulting firm noted that artificial intelligence-powered systems could provide project managers with predictive insights with an accuracy rate of 90 percent. Because those insights are generated in real-time…
-
4 Key Reasons to Maintain Commercial Real Estate Historical Data
The success or failure of a commercial real estate project can depend on the development team’s level of preparation. If an organization begins a project without its ducks in a row, it will inevitably run into delays, cost overruns, and other serious problems. And that’s not even considering external factors like rising inflationary pressure and…
-
How Excel Compares to Real Estate Development Software
Real estate developers have used Microsoft Excel as a project management tool for decades, and it’s easy to see why. The program is ubiquitous, relatively easy to learn, and has just enough functionality to get the job done. However, even though it’s become an industry standard solution, it’s not real estate development software.
-
Why CRE Developers Should Be Watching Big Tech’s Moves
It is hardly a secret that Big Tech has an outsized impact on the global economy, but exactly how big of an impact was revealed during the 2020 pandemic. As countries closed their borders, international flights grounded, businesses closed shop and people stayed home, while the digital landscape did just the opposite. It expanded. Internet…
-
Where Does Commercial Real Estate Technology Fit into Priorities?
The commercial real estate industry is heading towards an interesting intersection of surging technology adoption and mounting industry challenges. The industry-wide issues consist of the lingering effects of a pandemic, rising construction costs, looming recession potential, and the ongoing skilled labor shortage.
-
3 Ways Commercial Real Estate Software Helps Development Firm Owners
Does the following scenario sound familiar?
-
Commercial Real Estate Technology Is the Best Hedge Against Inflation
Commercial real estate is a well-known inflationary hedge. During periods of inflation, investors turn to real property because it’s a tangible asset with stable income that can be adjusted to offset rising prices. It’s absolutely a safe haven—but it isn’t completely immune to inflationary pressure.
-
How to Leverage Vendor Data With Real Estate Development Software
Wouldn’t it be nice to know a vendor is reliable before you agree to do business with them? This knowledge is invaluable to your real estate development team.