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CRE Tech Has Nothing to Do With Tech and Everything to Do With People

Between executive dashboards, backend databases, open APIs and software stacks, you'd be forgiven for thinking that CRE technology revolves around, well, technology. You'd also be wrong—mostly wrong, anyway.

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The Dangers of Decentralizing Your CRE Portfolio and Project Data

It's not a good idea to keep all your eggs in one basket, or so the saying goes. But what if you need to count, compare or analyze those eggs? We won't run too far with this analogy, but think about it for a minute: imagine that each important data point, document and conversation impacting your portfolio is an egg and those eggs are scattered across different nests, coops, frying pans and supermarket shelves.* How can you possibly make sense of them? How can you harness your data to drive down costs and drive up Net Operating Income?

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Six Pitfalls of Excel in Commercial Real Estate Project Management

Spreadsheet software Microsoft Excel recently celebrated its 30th birthday, and for the majority of its existence, has been the industry standard in addressing businesses’ statistical, engineering, and financial needs. However, its capabilities remain limited, and the software wasn’t originally designed to perform for today’s tremendous collaboration—an environment in which the commercial real estate and construction industries thrive.

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JLL, CBRE And Colliers Prove That CRE Technology Is The New Standard

In property and facilities management, three factors keep building owners happy: an efficiently run asset, high tenancy, and low operating costs. When all three are in play, properties can often achieve higher rents and positively impact an owner’s bottom line. Building owners have two choices in achieving these goals: develop property, facilities, and leasing management capabilities in-house; or hire a third-party real estate services firm.

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These CRE Tech Platforms Are Eliminating Layers of Cost From Traditional Real Estate Operations

Today's commercial real estate (CRE) tech companies are aiming to reduce traditional barriers to funding, relieve the burden of capturing and catalyzing Big Data, and remove friction points from team collaboration and project management workflows. In the process, CRE tech platforms purpose-built for the industry are eliminating entire layers of cost that were once thought to be unavoidable in traditional real estate operations.

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7 Need-To-Know Security Considerations When Adopting CRE Tech

Commercial real estate is increasingly getting on board with the software distribution model, in which applications are hosted by a service provider and made available to users over the network, typically the Internet—i.e., “the cloud.” Many real estate technology applications are also Software as a Service (SaaS) platforms, including Honest Buildings, VTS, Hightower, CoStar Real Estate Manager, and SiteCompli. Other well-known applications are Microsoft Office 365 and Salesforce.

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8 Things Real Estate Investors Should Ask Developers and Operators Before Investing

Let’s face it—not all commercial real estate investments go smoothly. The increased risk usually boils down to three factors which either cause or worsen a bad deal: lack of transparency, poor communication and weak financial and/or project controls.

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How Two CRE Giants Leverage Collaboration To Drive Growth

The collaborative economy is one of a number of dynamics that have great potential to fundamentally change the commercial real estate business over the next decade, according to a long-term outlook from Deloitte. It noted that market disrupters in technology—including cloud computing, social media, and analytics—have primed the sector for some of the most important shifts in its history.

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The Cloud's Biggest Benefit is Agility and Creating Business Value

At Honest Buildings, we spend a lot of time thinking about the benefits of cloud computing and real estate SaaS platforms for the commercial real estate industry. So we're delighted when a real estate leader as well-respected and experienced as Shorenstein's CIO Stuart Appley writes an in-depth post on just that topic. Many thanks to the author for letting us re-share this piece.

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17 Traditional Real Estate Leaders Investing In CRE Tech Companies

Imagine it's the early 2000s and you own a bookstore. One day, you hear about new e-reader technology that could make books obsolete. What would you do? If you're Jeff Bezos, founder of "the world's largest bookstore" Amazon, you think critically about the opportunity to use this development in your favor. Jeff Bezos is reknowned and respected for many reasons, but at the top of that list is certainly his willingness to step into progress and embrace the possibilities it brings.  

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