The public construction industry faces a pricing disorder that surpasses the confusion of pre-Internet real estate, according to one industry insider. While residential homebuyers once struggled to value properties without reliable sales data, contractors bidding on public infrastructure projects face even greater information gaps—resulting in bids on identical projects that can differ by millions of ...
Among major American industries, construction remains uniquely disconnected from aggregated data infrastructure. Unlike real estate, which has centralized platforms like Zillow or financial markets with Bloomberg terminals, construction relies on information scattered across thousands of municipal filing cabinets. All relevant data is technically public record, but until recently, almost none of it was accessible in ...
Over the past two years, venture capital investors have favored startups with AI in their pitch decks, often driving company valuations up by 20%. This enthusiasm is now shaping commercial real estate decisions in ways that concern Mandi Wedin, Founder and CEO of Feroce Real Estate Advisors. Wedin, who advises institutional investors and operators on ...
For decades, public construction contractors have bid on projects with little reliable data to inform their pricing, leading to inconsistent bids and lost revenue. Some contractors underbid by hundreds of thousands of dollars, leaving money on the table, while others overbid and fail to secure contracts entirely. This lack of pricing transparency has been a ...
If your internet is suddenly faster, your neighborhood has new fiber lines, or a cell tower appears nearby, artificial intelligence (AI) likely played a role in making it happen. From planning construction routes to tracking permits and predicting delays, AI is now a core part of how infrastructure is built—often in ways the public never ...
The commercial real estate sector is showing early signs of recovery, evoking the cautious optimism of 2010–2012 after the Great Financial Crisis. This time, however, recovery depends not just on patient capital but on operational discipline and strategic use of technology. Mandi Wedin, founder and CEO of Feroce Real Estate Advisors, has spent two decades managing institutional ...
The multi-family housing sector is experiencing a significant shift as developers seek new ways to differentiate their properties in an increasingly competitive market. Smart home technology, once considered a luxury amenity, is rapidly becoming a standard expectation among renters, particularly as younger demographics enter the market with different technological expectations than previous generations. Dan Ross, ...
The Miami River district was once a neglected stretch of waterfront, largely ignored by developers and city planners. Twenty-five years ago, when Lissette Calderon first saw potential there, the area lacked both the trendy restaurants and high-end developments that now define it. At the time, “waterfront” in Miami meant beachfront or bayfront, not the city’s ...
Real estate transactions are moving faster than ever. Listings appear with professional photos, and closings can now happen in days instead of weeks. Behind these changes, artificial intelligence is reshaping how brokerages operate, enabling some businesses to cut costs and improve efficiency, while others struggle to keep pace. Cheryl Wellman, Chief Financial Officer at AccountTECH, ...
Developers nationwide are finding it increasingly difficult to make multifamily projects financially feasible as construction costs remain high and access to capital tightens. Lisette Calderon, CEO of Neology Group in Miami, argues that the only reliable solution is a level of vertical integration that most firms have not attempted. Calderon says Neology Group now performs ...
The proptech industry’s standard approach, offering mortgage products directly to consumers through websites and apps, may not work for assumable mortgages, according to Andy Taylor, founder and CEO of RetroRate and former head of Credit Karma’s mortgage business. Taylor, who has spent years building consumer mortgage platforms, says his experience serving 150 million consumers revealed ...
The U.S. housing market remains largely frozen as homeowners with low fixed-rate mortgages hold off on selling, unwilling to exchange their sub-4% loans for today’s much higher rates. Buyers, meanwhile, face diminished purchasing power and limited options. Andy Taylor, founder and CEO of RetroRate, believes a significant untapped inventory could help ease the gridlock: homes ...
The home inspection industry is experiencing a shift driven by professionals who bring diverse backgrounds and innovative approaches to traditional property assessment. This change reflects broader trends in professional training and career transitions, as workers from various fields discover opportunities in real estate-adjacent services. Ditanyan Sye, Certified Master Inspector at DS Home Inspection Services, LLC, ...
The U.S. housing market is weighed down by a vast inventory of low-rate mortgages that could help unfreeze sales, but a fundamental flaw in how Multiple Listing Service (MLS) data is handled means buyers rarely see these opportunities. Andy Taylor, founder and CEO of RetroRate, estimates that about 22% of all homes with mortgages have ...
For more than two decades, real estate technology companies have built consumer-facing search tools and agent platforms. Yet a core problem persists: the data powering these systems is often unreliable, inconsistent, and fragmented across states and counties. Andy Taylor, founder and CEO of RetroRate and former VP of Product at Redfin, says the challenge of ...
