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Who Is Modern Real Estate Development Software For?
The future of the development industry will be driven by technology, with automation, data analytics, and artificial intelligence boosting efficiency and streamlining processes. AI adoption alone is expected to see an annual growth rate of 37.3% from 2023 to 2030 across industries, and real estate will be no exception. Big data and analytics have also…
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Northspyre Helps CRE Developers Navigate the Margin Crisis at Blueprint 2024
Northspyre recently had the chance to attend the 2024 Blueprint Conference in Las Vegas, Nevada, alongside real estate investors, innovators, and industry leaders. In addition to offering insights for CRE professionals into how the Northspyre platform can lower costs and boost returns, we also hosted a panel to provide attendants with high-level insights on navigating…
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Tech Adoption Is Creating a Powerhouse Asset for Data Center Developers
At its core, commercial real estate provides the physical spaces communities and cities need to support life and its activities. As communities develop, houses and apartments, shops, grocery stores, offices, and warehouses all follow to support the town. Now, data centers are joining that list. Technology adoption and consumption are catalyzing the need for facilities…
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Drive Predictability in Today’s CRE Landscape With New Solutions From Northspyre
In today’s high-stakes commercial real estate environment, it’s more important than ever for developers to have consistency and predictability in their operations. While some may say being predictable is boring, we disagree. With so many moving parts and millions of dollars at stake, the smallest oversight can be catastrophic to your bottom line. But, by…
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The Evolution of Commercial Real Estate Development
Real estate developers have played a key role in shaping the landscape and character of urban environments over the last 100 years. From the earliest iterations of the contemporary real estate market to the revolutionary changes that have come to the industry over the last several decades, developers are constantly adapting to meet a shifting…
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10 Ways Real Estate AI is Transforming the Industry
The commercial real estate development industry, like many others, is set to be disrupted and enhanced by artificial intelligence (AI). The industry has a reputation for being slow to adopt new technologies – Deloitte’s 2024 Real Estate Outlook survey reported 61% of respondents said their firm’s core technology infrastructure still relied on legacy systems. However,…
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Revolutionizing Real Estate Development: Introducing Northspyre AI & More
Sophisticated developers understand that half the battle in ensuring a project’s success happens before construction begins. In the pre-development stage, crucial decisions are made: Are you working with the right vendors? Are your vendor bids and contracts airtight to minimize future change orders? Simply put, are you setting yourself up for success? Or are you…
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How Real Estate Development Software Unites Finance and Project Teams
Over the course of a complex development process, your project management and financial teams need to communicate to bring projects in on time and under budget. Finance and project teams work together to ensure a project is financially feasible, capital is deployed correctly, and investors or other key stakeholders receive reports on a project’s progress.…
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5 Tips for Vetting Real Estate Software Development Company Options
The commercial real estate industry has undeniably embraced technology. Nearly 100% of commercial real estate companies have invested in technology and are expanding technology programs—and technology advancement continues to rank at the top of trends driving the industry forward. As in daily life, tech-powered tools are quickly becoming a standard part of real estate operations,…