Over the past several years, Proptech has contributed significantly to the modernization of the commercial real estate industry (CRE). This rapid adoption of Proptech is an indicator of a greater alignment between emerging technology and the industry’s digital transformation. What Is Proptech? Proptech, or property technology, are the tech tools real estate experts use to […]
No person or industry wants to be described as a “laggard,” and the Commercial Real Estate (CRE) industry is no exception. Falling behind is not something it does. In fact, IBISWorld reports that the CRE industry is the “1st ranked Real Estate and Rental and Leasing industry by market size and the 4th largest in […]
Paperwork. It is truly a rare person who enjoys this tedious but imperative task. The best way to minimize the time spent on this mundane job is via automation through technological innovation. Draw requests comprise invoices, receipts, budgets, change orders and lien releases. And if you are still handling these chores manually for a Commercial […]
Project errors — especially unforced, preventable errors — have been the bane of commercial real estate (CRE) developers’ existence since a time when land was first bought and sold. Now, especially with the explosion of tech over the past several years, the best way to minimize project errors is through the implementation of state-of-the-art digital solutions.
Long an industry that lagged behind others in new technology adoption, commercial real estate (CRE) development has been coerced into digital fast-forward over the past couple of years. In fact, the Covid-19 pandemic destroyed any remaining trepidation the industry might have had, and forced the rapid launch and expansion of cutting-edge technology solutions into the […]
Former CEO Jon Roskill transitions to an advisory role for EQT Partners Kirkland, Wash., Feb. 16, 2022 — Acumatica, the world’s fastest-growing cloud ERP company, has named John Case as its new chief executive officer, effective March 1, 2022. Case will take over for Jon Roskill, who is stepping down as Acumatica’s CEO after leading the […]
Commercial real estate (CRE) development has seen digital innovation and technology adoption grow over the years, especially lately. And although tech had spread across much of the real estate continuum by 2019, according to Deloitte’s annual report, the industry was still relatively slow to adopt tech compared with other industries. The global Covid-19 pandemic in […]
Not long ago, the “Cloud” was looked upon with a great deal of trepidation. But in lockstep with technological innovation, the cloud is now everywhere. The cloud is an Internet-based service that delivers various applications and services, such as data storage, servers, databases, networking and software. Cloud-based storage makes it possible to store files in […]
Like many industries several years ago, Commercial Real Estate (CRE) was in danger of falling behind in new technology implementation. But that is definitely no longer the case. From 2015 to 2019, property tech (Proptech) investment in the CRE space grew by 1072%, and in 2018, venture capital firms invested $8.3 billion in Proptech companies […]
