X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Jake Reiter, Verde Capital and Brad Korman, Korman Communities

It wasn’t long ago that the commercial real estate industry was collectively wringing its hands about its slow adoption and meaningful implementation of technology. But what was once a technological void has ceded to an almost overwhelming wave of workflow solutions, management software, and virtual reality experiences. An industry often viewed as insulated and traditional is now experiencing an innovation arms race fueled by a mission to disrupt the ways in which we develop, configure, and manage our built environment.

The most revolutionary technology affecting the real estate industry today is something you’re already very familiar with: The Internet. It may seem hackneyed to cite a resource as universal as the internet as a ‘new’ catalyst for change in the industry, but the myriad ways in which people are connected continues to have a subtle but profound impact on how humans interact with the built environment – which in turn has formed something of a paradigm shift in terms of who exhibits control within real estate. While the industry was, for so long, entirely driven by the designs and priorities of owners and developers, the internet has empowered consumers in a way that is changing that paradigm.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.