Commercial real estate is one of the world's largest asset classes – roughly the size of the US. stock market. Yet it remains incredibly archaic in terms of how data is used to build strategies and make decisions. Given the unprecedented market challenges we now face due to COVID-19 and new technologies that allow for better data capture at scale, there has never been a more critical time to take a quantitative approach and embrace the use of data.
The Problem with CRE Data Today
As a former broker, I'm very familiar with the limitations of data in CRE. The information owners and brokers have relied on to support investments across the asset lifecycle have always been backwards-looking, incomplete, and inaccurate.
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