STATE OF THE INDUSTRY
Behind the Tech Curve
Overview
The days when commercial real estate deals were penciled out on the back of a napkin and sealed with a handshake are long gone. Despite a reputation for clinging to its “old school” ways, commercial real estate is moving forward in an era of technology and innovation. Results from exclusive technology in a commercial research survey conducted by NREI and DocuSign show the industry is making progress in implementing and investing in new technologies. Yet results also show that companies are at very different stages in adopting new technologies, and overall, the industry still has more work ahead to catch up with other sectors.
In October 2018 Informa Engage conducted the email survey and collected and analyzed the data on behalf of National Real Estate Investor. The respondents represent various facets of the commercial real estate industry, from owners, managers and developers to lenders and financers.
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