Technology transforming commercial real estate
A Forbes report on tech leaders whose work is impacting the real estate industry quotes Rich Sarkis, CEO of commercial real estate data company Reonomy as saying: “I think there will be two key trends. First, technology will add literal value to buildings…. Everything from IoT to property management software will improve the tenant experience, and therefore the value of those assets for property owners.” He continued: “Second, technology won’t replace commercial real estate professionals, but it will determine who is the most successful. Those who are first to adopt new technologies will naturally be a step ahead of slower movers.” Zac Rosenberg, founder and CEO of digital-driven nationwide multifamily lending company TapCap, and Guy Zipori, co-founder and CEO of artificial intelligence asset manager for commercial real estate, Skyline AI, are also profiled.