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The #1 Thing the Best Commercial Real Estate Software Has in Common
Commercial real estate development software can have a powerful positive impact on a firm’s operations. By integrating a modern platform into their workflows, companies can expedite their cost reporting workflows, cut spending, and gain real-time project visibility. Modern software solutions enable development teams to become considerably more productive.
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How Real Estate Development Software Helps You Cut Costs
Succeeding in the real estate development market isn’t easy because it requires significant investments of time and money. Bringing a complex project to completion takes years of hard work involving managing hundreds of vendors and meeting the expectations of demanding stakeholders who expect a good return on their multimillion investments.
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How Real Estate Development Software Helps Recession-Proof Projects
A combination of skyrocketing inflation and rising interest rates are pushing the United States toward recession, a development that will hurt the commercial real estate market. The Mortgage Bankers Association anticipates borrowing and lending in the sector will fall to $733 billion, down 18% from 2021. Until the threat of economic contraction passes, investors will be…
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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…
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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.
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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…
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How CRE Developers Can Beat NIMBYists
Getting a commercial real estate development across the finish line is no easy feat. The list of challenges is long, with developers battling everything from site selection, entitlements and design to construction costs and supply chain disruptions—but if developers had to choose a single archnemesis, the one impediment that gives even the most experienced players…
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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.
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3 Ways Commercial Real Estate Software Helps Development Firm Owners
Does the following scenario sound familiar?