Frequently Asked Questions

PropTech, also known as CRE tech or real estate technology, refers to a range of technologies changing the way professionals research, rent, buy, and manage properties.

Predictive maintenance (PdM) is a proactive maintenance strategy to reduce the likelihood of equipment failures by forecasting when issues might occur and addressing them systematically.

Predictive analytics encompasses a variety of statistical techniques from predictive modeling, machine learning, and data mining that analyze current and historical facts to make predictions about future or otherwise unknown events.

Phase unbalance of a three-phase system exists when one or more of the line-to-line voltages in a three-phase system are mismatched.

Due to the complexity of energy pricing, two identical buildings can consume the same amount of energy but have wildly different utility bills. As a result, operators often have trouble understanding peak demand charges.

Net operating income (NOI) is used in the real estate market to determine the revenue that a property generates less operating expenses. NOI also determines a property's capitalization rate, or rate of return.

Monitoring based commissioning is the process of collecting, storing, analyzing and reporting data (collected through sensors) to optimize equipment performance and efficiency.

Building maintenance software is an enterprise solution for improving the way in which operators and third party vendors identify, execute, and record activities.

Local Law 88 requires property owners to upgrade their lighting systems and install tenant sub-meters.