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Predictive Analytics In Demand From CRE Firms

Predictive analytics has become as necessary as a cup of coffee in the morning for CRE professionals, says Neelika Choudhury, senior vice president of product strategy at Ten-X Commercial.

Manhattan, NYC.

NEW YORK CITY – Predictive analytics has become as necessary as a cup of coffee in the morning for CRE professionals, Neelika Choudhury, senior vice president of product strategy at Ten-X Commercial, a commercial real estate technology firm, tells GlobeSt.com. “Users are demanding predictive analytics with our offerings,” she said.

The firm recently launched a new design for its website and a mobile application in Q3 for users on its platform where investors and brokers buy and sell properties. Now, they can view the information in one place about which assets they have on the sale block, who is bidding, where pricing is, and they can predict it ahead of time with a predictive analytics plug-in.

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Mariah Brown

Mariah Brown

Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.

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