Technology

Though in the past, technology advancements within commercial real estate have transpired slower when compared to other industries, the onset of the COVID-19 pandemic rapidly propelled new, necessary innovations across the field. In addition, industry experts and stakeholders have indisputably assessed the use of technology in commercial real estate more than ever, throughout the past year.

Proving imperative to each sector and field across commercial real estate during the past 18 months, considering the nationwide shutdowns and the mandatory shift to remote work, technological progressions have undeniably impacted the industry for the better.

Generating and implementing improved processes, such as virtual apartment tours, digital transactions, personalized leasing experiences, touchless services, crowdfunding platforms, building health detectors, in-unit amenities, telehealth services, e-commerce fulfillment tools, modular construction technology, flexible payment options and more, are the professionals that have used COVID-19 as an opportunity to further the industry's progress.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • 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.

Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.