Category: CRE Trends
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Technology adoption in commercial real estate: Insights from an expert at RETCON 2023
Last week the Building Engines team headed to New York City for the annual Real Estate Technology Conference (RETCON). RETCON 2023 brought together the world’s leading commercial real estate (CRE) owners, operators, and developers to facilitate technology adoption and innovation within the CRE industry. Building Engines’ Jeff Thompson, Head of Global PM Technology Product Management,…
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The rising need for the chief technology officer in commercial real estate
The commercial real estate (CRE) industry has been a slow adopter of technology. However, it’s clear that property teams today will struggle to effectively manage properties without technological help. In fact, 96% of CRE professionals will stay the course or increase their investment in commercial property software this year, according to a recent survey. But…
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Prism and Yardi Voyager integration: Connecting accounting and building operations data
Data is necessary to run an efficient commercial building. But on any given day, commercial buildings produce so much information – including financial data, operational data, tenant data, maintenance data, and more. Managing and analyzing all this data efficiently and accurately can be a complex and time-consuming process. Additionally, many commercial real estate property teams…
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Building operations management: How property managers are streamlining workflows
This year, we’re seeing property teams work tirelessly towards improving their work order processes, tenant satisfaction, and building operations management. All three are inherently intertwined. When property teams struggle with managing work orders and building operations, tenant satisfaction can suffer while waiting for a resolution. The key for property managers in 2023 is finding a…
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What tech investments are commercial office property teams making this year?
As inflation remains unstable and the world braces itself for a potential recession, commercial real estate (CRE) teams need more help than ever before. And for many, tackling major challenges has become synonymous with cutting costs. However, proptech is one area commercial office property teams will invest in this year to help reduce costs. According…
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How to choose the best commercial real estate property management software
Commercial real estate property management software continues to grow in popularity and importance as owners and property managers seek new ways to better satisfy tenants, drive revenue, and keep building operations running more efficiently. Especially as remote and hybrid work are redefining how companies approach the workplace, teams are turning to commercial real estate property…
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Proptech Trends 2023: A Commercial Real Estate Outlook
The rise of technology in commercial real estate (CRE) has grown exponentially in recent years. And the companies that have not yet invested in CRE technology could be falling behind. Modern software has allowed CRE teams to run their buildings more efficiently with solutions ranging from HVAC management to tenant experience. We recently connected with…
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Building Engines Wins 2023 BIG Innovation Award
Today, the Business Intelligence Group has named Building Engines a winner in its 2023 BIG Innovation Awards, an annual business awards program that recognizes organizations, products, and people that are bringing new ideas to life in innovative ways. Building Engines has been recognized for its innovative achievements as a technology organization. “We are thrilled to…
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3 CRE Property Management Trends to Help You Run Better Buildings
We recently attended Realcomm’s third episode of their CRE Tech Innovation Series, “Innovation Outlook: Intelligent Building Technologies.” The webinar went into depth about the current state of technology in the commercial real estate (CRE) industry, how data is playing a major role in building operations, the latest property management trends, and so much more. Experts…