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Building Community with Real Estate and Tech

Boston Built Tech founder Chuck Tanowitz sits down with guest host Molly Bales of Adappt to explore the emerging intersection of technology and real estate. “Companies need to get together and coordinate in some way,” Tanowitz says because so many of these companies are working in the same space, and it’s important that they find ways to work together. That’s why he created Boston Built Tech. Nobody was convening these groups.

Real estate technology is exploding now for a number of reasons. First, the timing was right. Cloud computing, big data along with sensor technology and mobile have arrived. In addition, money has started flowing in and the nature of the workspace has changed. Co-working is a new phenomenon revolutionizing the industry. This is particularly true in Boston.

There is a new expectation of flexibility and community in the workplace. In the knowledge economy, work has to be a place where people want to go, not just to a place where they have to go.

Built Tech is about building a community around technology and real estate, so people know what others are doing.

But real estate is still a very local activity, and it would be great to see Built Techs popping up in other communities too. New York, San Francisco, Chicago, and Los Angeles all have their local tech markets emerging. It will be very interesting to watch them as they continue to grow.

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Will Martin: What Can We Learn from CoreNet Global Summit?

Will Martin, Director of Real Estate and Facilities for Health Management Systems, attends the CoreNet Global Summit conference to network up with people as well as see what is going on with technology in the industry. It enables him to stay current on the newest in real estate and discovers out what his peers are finding useful.

He dives into detail about his current role at a midsized company and how his experience working for a large company prepared him to be successful in a smaller setting. In the larger corporate environment, he worked with a lot of square footage and a lot of people and he learned to see different perspectives from that role.

In a smaller company, you don’t need troves of data. You just need to optimize your real estate. Because of this, he focuses on being simple and effective and finding technology that people will actually use rather than just doing things just for the sake of doing them.

Will wants to decisions based on data and wants the data to drive what he is doing, because if it doesn’t the data is truly useless. Will also gives us insight into technology he sees as valuable for his role and his team. It isn’t just about the customer, but also about the team behind the technology. Will looks for technology that is effective on both sides and ensures that the tools help his team communicate effectively.

 

Check out our videos at:

http://crowdcomfort.com/real-estate-tech-guys/

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Katy Redmond: A Tech Leader Peels Off the Layers of Bringing New Tech Into the Workspace

Katy Redmond, National Director of Technology Solutions at JLL sits down with the Real Estate Tech Guys to chat about why real estate is traditionally the last business unit to enter the technology sector, what she sees as the next big thing in CRE tech, and what she forecasts for the future.

Real estate’s interest in technology is still growing, although commercial real estate companies are slow to adopt new tech. One of the biggest technology advances she sees for CRE in the future is 5G. The smart building, she says, will become even more exciting with the entrance of 5G and how it will transform the industry even in just the next twelve months.

Katy believes the smartphone has become ubiquitous and it is a central point of connection. She thinks the next step is to unbundle this physically since keeping them charged and connected is one of the biggest obstacles faced.

Find out what Katy sees with her clients and what she sees as successful when it comes to mobile devices. What does she see as coming next with mobile phones? How do we redirect the focus when it is so easy to be distracted by our mobile devices? How will augmented reality come into play in order to ease the friction that mobile devices cause productivity?

 

Check out our videos at:

http://crowdcomfort.com/real-estate-tech-guys/

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Nelly Campos: Starting from Scratch with Real Estate Technology

When it comes to real estate technology, sometimes it can feel like we are traveling back in time. Real estate companies just don’t traditionally jump into adding to their technology stack.

For Nelly Campos, she wants to make sure she is finding the best technology for her company to stay ahead of the curve. As the head of real estate, she manages 2600 buildings and 50-60 million square feet which requires a lot of data and manpower. It is Nelly’s job to see what technologies are out in the market and determine which technology will help her company reach its highest success.

She sees the world of real estate technology moving very quickly and in order to keep up, she needs to determine what the best practices are for implementing and adopting new technology. With this, comes many challenges, like the lack of on-demand services available within the commercial real estate sphere.

In this quick chat, she talks about what technologies she thinks about and how she assessed what was in the market to determine what approach to take to make working easier. She gives insight into how she thinks about technology and how she looks at it on a day-to-day basis and what processes she uses.

Find out what technology efforts she is making and what is working for her and her team and what isn’t. Nelly also dives into what she foresees for the future of technology in the real estate industry.

 

Check out our videos at:

http://crowdcomfort.com/real-estate-tech-guys/

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Ken Sinclair of Automated Buildings talks about what it means to be a Building Whisperer

In this episode, Ken Sinclair of Automated Buildings talks to the Real Estate Tech Guys about what it means to be a Building Whisperer.

According to Ken, a building whisperer needs to understand the purpose, the reason, the culture of the building, and then make the building adapt to that. Buildings have become more hotels, the workforce has become more inhabitants than occupants. An added wrinkle is that people are sharing space more, which adds to the complexity. No longer is there one client. Now there may be multiple clients in a single space. We have to follow the software vision and figure out how buildings interact with people. The humanistic value proposition in building is the only value proposition going now because the workforce no longer wants to sit at cubicle. They are free spirited and remote.

Digital mindfulness is another emerging concept. The blizzard of information that daily falls on us both overwhelms and frustrates us. Sometimes this is called “attention hijacking,” when we are diverted from a focused thought through the constant availability of information. Instead of making us more productive, it actually reduces our productivity. Even still, there are some experiences in our digital lives that we like and we cherish those. Finding the balance in all of this is the key and we need apps that interact with us.

Check out our videos at:

http://crowdcomfort.com/real-estate-tech-guys/

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Episode 4: A Conversation with Nick Rancis on the Fraunhofer Institute

In this episode, The Real Estate Tech Guys sit down with Nick Rancis to learn about the Fraunhofer Institute in Boston. Nick works for Tech Bridge, a program at Fraunhofer which helps startups de-risk, validate, demonstrate and pilot technologies in a real-world setting. Getting from the inception stage to implementation is very challenging for any new technology. Tech Bridge helps startups integrate best practices for both customers and investors.

Nick also tells the Tech Guys what technologies he’s looking at as game changers in the corporate real estate space.

He shares his insights about the future of the market. Will bigger companies control it or will startups reshape the space entirely? He gives more detail on how he thinks companies can take advantage of all of the new ways to store energy.

For more information about the Fraunhofer Institute, visit their site. Meanwhile, watch the video to hear more about how they are spearheading technology research and solar power data from the insider himself – Nick Rancis, a Real Estate Tech Guru.

Check out our videos at:

http://crowdcomfort.com/real-estate-tech-guys/

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Episode 3: Michael Beckerman on Self-Driving Cars and Other CRE Hot Buttons

In this episode, the Real Estate Tech Guys talk to Michael Beckerman, the CEO of CRETech, about AI and commercial real estate technology. First, we look at WeWork and how they have driven co-working innovation. We also chat about whether or not this will continue to expand, particularly because of all of the technology these co-working spaces offer to different types of companies and tenants.

Another big, game changing technology is self-driving cars, the “meteor that the commercial real estate doesn’t see coming.” This will impact the way buildings are built and will impact the way we experience real estate —with changing how we go to work and more. We’ll dive into these concepts in more depth with Michael.

The amount of growth that is happening in CRE tech is nothing short of incredible. There is extraordinary momentum even though CRE is typically the last industry to adopt technology. But this slow timeframe of adoption of technology is not because the commercial real estate industry is behind the times, but because it is difficult to determine which technologies are worth the time money.

The CRE business is highly successful and there hasn’t been a mandate needed for this new tech until now because landlords and brokers are looking for technology that attract tenants, retain tenants and keep them satisfied. The tenants are primarily looking for these technology solutions which is why there is a new need for this technology. The ecosystem is manifesting from both landlords seeking more efficient buildings and tenants looking for this high-end technology to make their business run more smoothly.

Check out our videos at:
http://crowdcomfort.com/real-estate-tech-guys/

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Episode 2: Michael Beckerman on AI and CRE Tech

In our latest episode, the Real Estate Tech Guys sit down with Michael Beckerman, CEO of CRETech to discuss AI, WeWork, self-driving cars, and how these things can impact commercial real estate.

Everything is accelerating in commercial real estate technology. There has never been so much progress, traction and investment in technology for commercial real estate than in today’s world. There are plenty of great products and solutions that are making tenants’, landlords’ and corporations’ lives better.

The biggest trend that Michael sees is within buildings. WeWork is creating an experience for people in the workplace and AI and self-driving vehicles are coming into play as well. He believes WeWork is a true game changer; that AI is transforming commercial real estate; and that voice will be the next great platform.

“Voice is going to be a pivotal thing with how people communicate maintenance requests, conference rooms, and how they communicate property management issues,” says Michael. Even in everyday life, for example, if you talk about something, an ad will likely pop up the next day relating to what you were talking about. It’s tailored to your needs.

We also look at how CrowdComfort is gathering occupant data that hasn’t being gathered in meaningful ways before, and how this helps property owners and landlords better understand their tenants and what their tenants need.

Take a deep dive into what the future of commercial real estate will look like with AI, WeWork, and self-driving cars with input from Michael Beckerman.

Check out our videos at:

http://crowdcomfort.com/real-estate-tech-guys/