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We sent a survey to over 4,000 commercial real estate professionals to find out how technology has affected budgeting season, the most important and hectic time of year.
To continue to compete in the big leagues, legacy owners need to figure out how to get 90% of the benefits of cutting-edge smart building technologies into existing assets for 10% of the cost. One answer is to spend smarter, to invest the Moneyball way.
Videos
Frozen pipes are a perennial issue for commercial real estate owners, operators and managers. In this video, Derek Cedarbaum explains why these issues can be a thing of the past with sensor-based alerts.
CBRE commercial real estate broker, Jon Meisel, has seen few cost-saving opportunities as straightforward as that of IoT solutions. Between the fast payback period and documented savings which allow costs to be passed onto tenants, he sees this investment as a no brainer.
Data is becoming a significant determiner of success in the commercial real estate industry. At the same time, data itself has no inherent value and too much can be detrimental. In this video, Kevin Shtofman from Deloitte Consulting explains how to identify tech with exponential value potential.
Case Studies
“Enertiv has shown an ability to continuously innovative to meet our needs. Their platform has made our work easier at multiple levels of the organization.” -Richard Currenti, Executive Vice President and Director of Engineering at SL Green
Enertiv deployed automated tenant submetering across the Bernstein portfolio in New York, helping to create a seamless back-office process and better experience for tenants.
Enertiv integrated real-time fault detection alerts into NYCHA’s existing work order management system to deliver a 95% reduction in mean time to repair.
White Papers
Budgeting season is a hectic time, where core responsibilities (and morale) are strained by the additional financial work. Smart building technology can finally help deliver a “zero based” budget, not only once a year, but every minute of every day.
Driven by the rise of e-commerce, industrial assets, particularly distribution centers, are in more demand than ever before. In the past five years, warehouse construction spending increased 29% annually, as opposed to the previous 19 years, when it rose 1% annually.
The abundance of resources and high tenant expectations have pushed office landlords to become sophisticated operators and, in some cases, technological innovators.
Newsletter
October Issue — Blurring the Lines Between Acquisitions and Operations
September Issue — Recession on the Horizon. Why This Time is Different
August Issue — Smarter Outsourcing When Experienced Pros Leave
July Issue — Data Lakes and Warehouses and Oceans, Oh My!
June Issue — Commercial Real Estate Should Embrace Failure
May Issue — When Having a Seat at the Table Doesn’t Work
April Issue — Drinking PropTech from a Fire Hose
March Issue — Up to $400,000 Cash Back Per Property to Upgrade Submetering
February Issue — The Amenities Arms Race & Resiliency for the Downturn
January Issue — Making Smarter Real Estate Bets in 2019
December Issue — Announcing Enertiv 360
November Issue — Tech is transforming CRE, but most watch from the sidelines
CREtech’s events are great for real estate professionals to get up to speed on the progress technology companies have made. But many professionals feel like they’re trying to drink from a fire hose. Instead of asking “so, what do you do?” here’s a cheat sheet to cut through the noise.