Built Technologies, a 2023 GlobeSt.com tech influencer, is launching a new business unit to address commercial property developers. The expansion will enable the creation of software to address the specific needs to the sector. Built expects to have its first product for commercial property developers to available later this year.

"Built Technologies is creating a configurable, cloud-based solution that will address key market challenges, including funding delays, manual processes, unexpected change orders, and maintaining an accurate view of the budget and forecast," the company said in a press release. "The solution will remove friction and increase transparency and speed, enabling developers to boost productivity, reduce loss, and increase revenue and scalability."

"As economic trends shift, owners and developers can benefit from tools that identify risks, assess options, and inform decision making," Alex Helman, general manager, owners, said in prepared remarks. "Built is listening to the thousands of users collaborating within our platform as we design each solution with proactive customer input. We're eager to partner with developers, as we can connect them to our existing network of capital providers and builders to accelerate funding, increase portfolio visibility, and enable instant collaboration."