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Honest Buildings Sees 500% Y-O-Y Volume Growth

Although Honest Buildings' Riggs Kubiak notes that “real estate owners and their investors have long been labeled slow adopters of technology,” the year-over-year growth in projects managed through the company's platform suggests otherwise.

By Paul Bubny | paulbubny | Updated on September 12, 2017

Riggs Kubiak Honest Buildings CEO Riggs Kubiak

NEW YORK CITY—What a difference a year makes. Honest Buildings announced last September that it had surpassed $1 billion in projects managed on its platform. Now, that figure is up to nearly $6 billion of projects across North America.

The 500% growth rate was achieved in partnership with real estate owners including Brookfield, SL Green, Beacon Capital Partners, Invesco, JBG Smith, Parkway and MRP Realty utilizing the platform to manage their capital and tenant improvement projects. Over the past year, the company has added the Durst Organization, Silverstein Properties, Harvest Properties, DivcoWest, Washington REIT and others as clients.

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