The next generation of electrical contractors is transforming their traditional business model by embracing smart home technology, according to Dan Ross, VP at smart home technology company Brilliant. This shift represents both a cultural change and a significant business opportunity in an industry historically focused on basic wiring installations. The New Face of Electrical Contracting ...
The traditional home inspection report filled with static photos and technical jargon is becoming obsolete, according to one industry expert who argues that video documentation is revolutionizing how property conditions are documented and disputes are resolved. “A picture is worth 1,000 words, but a video is worth 10,000 and provides irrefutable evidence as to what ...
The construction industry is undergoing a fundamental transformation, with leading firms increasingly viewing themselves as technology companies that happen to build things, according to Mike Pierle, Chief Operating Officer of Construction at Clayco. “We kind of view ourselves as a data company,” Pierle says. “We utilize information to empower the men and women on site ...
New data reveals how technology is reshaping mortgage customer experience while maintaining the importance of personal relationships Mobile technology is revolutionizing mortgage lending satisfaction, but not in the way many might expect, according to new research from J.D. Power. “Mobile interaction drives a better experience across the board,” says Bruce Gehrke, Director of Lending Intelligence ...
The rise of artificial intelligence and large language models (LLMs) is forcing real estate data providers to confront a pivotal strategic decision, according to Jonas Bordo, CEO of rental marketplace Dwellsy. The industry faces a challenge similar to what the music industry encountered with Napster: how to adapt to new distribution channels without undermining their ...
The explosion of hospitality technology options has created a “paralyzing” situation for independent hotels trying to build effective digital operations, according to a leading industry expert. Jennifer Barnwell, President of Curator Hotel & Resort Collection, says the complexity of choices is creating unexpected hurdles for boutique properties. The Technology Maze “If you need a property ...
Commercial real estate owners are unknowingly giving away millions in value by letting vendors control and monetize their buildings’ operational data, according to one industry expert who sees a critical blindspot in how properties are managed. “That data is yours, Mrs. Or Mr. Portfolio holder, Mrs. Or Mr. Property holder. It is not your vendors,” ...
The traditional self-storage model of large, staffed facilities on city outskirts is becoming increasingly obsolete as urban demographics and living patterns evolve, according to one industry expert. “More and more people are going to be moving into city centers. Everyone’s going to be living in relatively small buildings, cost of housing just goes up and ...
Infrastructure expert says developers’ “pipe in, pipe out” mentality threatens new construction viability The American real estate industry faces a looming crisis that few developers are discussing, according to Kimmerly Nace, CEO of Brightwater Tools. A staggering 15% of U.S. wastewater treatment plants have reached or exceeded their capacity, threatening future development and existing properties. ...
Energy storage projects are becoming the frontline defense against environmental inequity in urban neighborhoods historically burdened by polluting power infrastructure, according to a senior executive at NineDot Energy. Sam McGarvey, who leads origination and project development at NineDot Energy, argues that battery storage facilities play a crucial role in protecting vulnerable communities from harmful emissions. ...
Anthony Viviani, CTO and AI Officer at iKenekt, argues that even as artificial intelligence transforms real estate investing, the human experience must remain at the forefront of technology development. “Take a process that’s traditionally been complicated and maybe even intimidating for some people, and make it clear, intuitive, empowering,” Viviani says, describing his company’s approach ...
The commercial real estate lending industry is undergoing a fundamental transformation, driven by the integration of artificial intelligence into traditionally manual processes, according to iKenekt CTO Anthony Viviani. “We saw a systemic issue across the entire industry. Borrowers were dealing with a system that felt clunky and antiquated, kind of slow, anything but user friendly,” ...
The days of chocolate chip cookies and Sunday-afternoon open houses may be numbered, according to one prominent Texas real estate leader who oversees nearly 3,000 agents across 14 offices. “Sellers do not love Sunday-afternoon open houses with strangers going through their closets and chocolate chip cookies. There is nothing about that that is actually what ...
The hospitality industry has a dirty secret about accessibility that most operators don’t discuss: even their designated accessible rooms often fail to meet basic usability needs, according to one industry expert. “Even if you get the room, the wall switches are never at the right height, because the building was built back in the 70s,” ...
Leading real estate analyst warns new data center developers face multi-year waitlist for power access, creating unexpected constraints on industry growth. The data center industry faces a severe power access bottleneck that will limit new development through at least 2029, according to Vikram Malhotra, Managing Director and Co-Head of Mizuho Americas. This constraint comes despite ...
