This week I attended Environmental Data Resources’(EDR) annual Property Due Diligence Client Summit in Arizona,which gathers many top due diligence professionals and bankerstogether. The EDR Client Summit was titled "MobilizingChange: Where Technology and Opportunity Intersect" and itcertainly lived up to its billing.

Rob Barber, CEO of EDR, led off with a series of bigannouncements regarding their investments in better data in termsof city directories and aerial photographs. EDRalso provided a great preview of their new product code named“Lightbox”, a product that will allow due diligence professionalsto do more with their mobile devices. The grand finale wasDennis Firestone with CBRE's demonstration of camera equippedhelicopter that could be controlled by an iPhone. Suchdevices could potentially be used in property inspections. All in all the show was very interesting for due diligenceprofessionals and some of these things may be valuable forcommercial real estate in general.

A few of the most interesting sessions are discussed below:

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.