How Technology is Revolutionizing CRE Investing
"Commercial real estate investing is a growing industry where personal relationships are pivotal—and these relationships are commonly built via face-to-face meetings and document-heavy correspondence. Sponsors and investors have typically exchanged information through low-tech and high-touch channels, without a great reliance upon technology."
"As a result, the traditional commercial real estate investment process ends up being long and drawn-out, and because of regulatory restrictions, a sponsor’s network of investors has been limited to the people he or she already knows—friends, family members and business colleagues in particular."
"Recently, however, some restrictions have been lifted, and momentum is building toward a tech-driven revolution that promises to provide a much-needed dose of modernization to commercial real estate investing."
The link below is a continuation of a great read on how Tech in working in CRE Investing.
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