The commercial real estate industry has come far in a short period of time in terms of its adoption of advanced technology. The availability of data from such firms as Real Capital Analytics, RealPage and CoStar is now ubiquitous and it is fueling applications that range from artificial intelligence to online marketplaces.

Crowdfunding has become a mainstream source of capital for real estate borrowers, thanks to such com­panies as Fundrise in Washington DC, PeerStreet in El Segundo, CA and RealtyMogul in Los Angeles. We as an industry also have our own old-school tech pioneers such as Ten-X and SMS assist, both of which have become unicorns of the venture capital realm.

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