How Technology is Shaping the Commercial Real Estate Industry

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Presentation transcript:

The commercial real estate industry is being fast inclined towards technological advancements.

The adoption of new technologies is helping commercial property management firms automate services and processes.

There are many innovative technology trends that ultimately allow commercial property owners and tenants, many opportunities for seamless and effective operation of their business.

These platforms are allowing the real estate firms to better manage and enhance the use of their assets.

Here are listed some of the trending technologies which are shaping the commercial real estate industry to take correct decisions.  Property management platforms  Lending marketplaces  Investment marketplaces

The property management platforms help the:  Managers to easily track everything from maintenance to rent rolls online.  Investors see real time updates on a property's net operating income.  Tenants submit the rents or maintenance requests from their mobile.

Some management portals are also designed specifically for commercial purposes like managing multifamily properties or controlling the facilities of an office building.

They are incorporating smart technology to better manage property costs, lease management, marketing and efficiency.

Nowadays, lending market places service providers have become more popular in the commercial real estate industry.

These marketplaces promise quick access to funding for all types of commercial real estate ventures.

The property firms or individuals looking to borrow for their business connect with lenders that match their type of funding like cash, loans or crowdfunding.

In the recent times, the popularity of crowdfunding and alternative funding in commercial real estate ventures has increased seamlessly.

These are the non- traditional forms of financing where there is a seamless and virtual connection between the lenders and borrowers.

The new investment marketplaces connect alternative lenders with borrowers seeking to invest in commercial properties.

The integrated property management systems help to fix a tenant's problem faster and the new financial applications provide dynamic lending alternatives.

The use of new technology platforms and applications make it easier to function at a high rate of production in the commercial real estate industry.

/LandwinCRE/