Category: CRE Trends
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Get Better Tenant Sentiment Data to Improve the Tenant Experience
The definition of tenant sentiment is different than it was ten or even five years ago. Today, it ties directly to the complete tenant experience, rather than just the space and services provided directly by a property management team. An office is no longer a place where people ‘just work.’ With hybrid and fully remote…
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Robots, Drones, & Biometrics – The Future of CRE Security is Here
Smart building technology and the Internet of Things (IoT) are exciting trends in the CRE industry that aren’t slowing down or disappearing. In fact, smart building technology is emerging as a necessity in many CRE buildings today, including in building security. The global smart building market was worth $8.5 billion in 2016. It is projected…
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One Little-Known Software Feature is Key to CRE’s Future
The commercial real estate (CRE) industry has a well-earned reputation for being slow to change. CRE professionals tend to be firm believers in the maxim of “If it ain’t broke, don’t fix it.” They think of themselves as being in the relationships business, not the technology business. And to be fair, it is scientifically proven…
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Is it Time to Make Your Old Building Smart?
Smart is sexy. Just look at how often the commercial real estate (CRE) industry mentions “smart building.” Everyone is seemingly excited by the opportunity presented by outfitting buildings with sensors and connecting those sensors to the internet. These sensors attach to a building’s HVAC, lighting, and other systems, and transmit data over the internet to…
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Use Space Management Software to Visualize Floor Plans & Unlock Revenue
If you’re not using the latest building measurement technology and methods, you probably aren’t maximizing your building’s revenue. Property teams should be using the newest Building Owners and Managers Association (BOMA) measurement standards to avoid undercounting hundreds or even thousands of square feet of potential rental revenue generation. Using architects to measure rentable square footage…
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How to Simplify Resource Reservations & Drive More Revenue
Is it easy for your tenants to reserve building resources? If so, you’re probably already using resource reservation software. If not, you’re probably not making the most of your building amenities or maximizing building revenue. Having great resources does help attract and retain more tenants. But if it’s difficult and time-consuming to book conference rooms,…
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4 Ways to Use Commercial Real Estate Technology to Create More Time in Your Day
There are 24 hours in a day, five business days in a week, and 52 weeks in a year. What percentage of this time do you spend reactively putting out property management fires? Are you able to focus on strategic tasks with the balance of your time? That is, if there even is time left…
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Protect Your CRE Organization from Cyberattacks
At first glance, the commercial real estate (CRE) industry doesn’t seem like a prime target for cyberattacks. As a result, establishing a cybersecurity plan might seem a low priority. After all, most CRE firms typically maintain less personally identifiable information (PII) or valuable intellectual property (IP) than companies in some other industries. But don’t be…
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You Don’t Need to Upgrade to New Building Management Software, Right?
If you’re a commercial real estate property manager, asset manager, or owner, you may be thinking you don’t really need a modern building management software system. After all, the system you currently have works well … enough. And installing and implementing a new system may feel like a hassle you don’t need or have time…
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Keep Tenants Safer During COVID-19 With Visitor Management Software
Roll out the welcome mats. Tenants are finalizing their return-to-office plans, with many organizations setting their sights on a post-Labor Day phased re-entry. But tenants won’t be coming alone. As buildings slowly return to higher occupancy levels, you’ll also need to welcome tenants’ guests, service vendors, third party leasing teams, and more. This is where…