SAN DIEGO—Technologyis the biggest disruptor the commercial realestate industry will face, but simple data collection isnot unique enough; we need to use technology in a way that givescompanies a competitive advantage in the marketplace, said speakersat the MBA CREF/Multifamily conference Tuesday.Panelists for the session “Disruptors, Innovation and ManagingChange in CRE Finance” tackled what they believe are thesignificant current and future drivers of change in CRE finance andways to navigate through the shifting landscape.
Moderator Justin Wheeler, CEO ofBerkadia, asked the panelists to define disruptionin CRE. Thomas Dennard, chairman of the board andCEO of Grandbridge Real Estate Capital LLC, saidwe just witness a whole lot of disruption since the recession andwe will continue to see more of a free-market environment. He addedthat Millennials are the future of ourindustry.
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