Realcomm Weekly Briefing: May 23rd, 2024

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FEATURED? |? ? REALCOMM

26th Annual Realcomm | IBcon Digie Award Finalists Announced!

Realcomm has been presenting the Digie (short for Commercial Real Estate Digital Innovation) Awards since 1999 to recognize those outstanding companies, real estate projects, technologies as well as the people who have gone “above and beyond” to positively impact our industry through the intelligent application of technology, automation and innovation.

3 min read ?

SMART BUILDINGS? ?|? ?PARTNER CONTENT

The Unrealized Value of Smart Building Systems

Building owners have invested in smart buildings based on the promise that bringing diverse building systems together for data sharing and management will reduce operational costs and make assets more attractive to tenants. The challenge is that many building owners find they don’t see a return on these smart investments for four, five, or, in some parts of the country, as long as 15 years.??

5 min read ?

PROPTECH? ?|? ?COMMERCIAL OBSERVER

Shadow Ventures CEO KP Reddy On What Proptech Venture Capital Gets Wrong

KP Reddy doesn’t like the term “proptech.” What the founder and general partner of seed stage proptech (sorry! — “tech”) venture capital firm Shadow Ventures does like is thinking like the civil engineer he was trained to be rather than like a typical venture capitalist. Having earned a bachelor’s in civil engineering from the ...

14 min read ?

CYBERSECURITY? ?|? ? COMPUTER WEEKLY

Rockwell urges users to disconnect ICS equipment

American industrial control systems (ICS) specialist Rockwell Automation has urged users across the world to disconnect their equipment from the public-facing internet, citing geopolitical tensions and a dramatic increase in threat actor activity targeting its hardware through a number of known common vulnerabilities and exposures (CVEs). The Milwaukee, Wisconsin-based firm’s warning is accompanied by an alert issued ...

3 min read

ENERGY ?|? ? COMMERCIAL PROPERTY EXECUTIVE

Prologis, Blackstone Double Down on Data Centers, but Hurdles Remain

What was once a niche real estate sector is now attracting billions from the largest names in the industry. And with the rapid expansion of the data center industry, energy needs are also growing exponentially. In fact, data center energy needs are bound to more than double by 2030. Development activity is intense- according to a recent CommercialEdge report, some 27.4 million SF ...

6 min read

MULTIFAMILY ? |? ?MULTIFMAILY INSIDERS

Multifamily's Path to a Paperless Future

When asked, many operators will say they only accept digital payments and their communities are 100% paperless. However, after further exploration, we realize there are many exceptions, such as past resident payments, residents in eviction status, or even new move-ins, where many site team members will accept a paper payment. The fact is that nearly half of renters still pay by check or money order.? .

3 min read

TECH? ?|? ?ELECTRONIC PRODUCTS & TECHNOLOGY

Builder partners with tech to drive smart facility options

EllisDon’s Infrastructure Services and Technology Division joins J2 Innovations to propel IoT solutions. EllisDon, a global construction and building services company, announces a new partnership between its Infrastructure Services & Technology (IST) Division and J2 Innovations, a leading platform provider for smart buildings, smart equipment, and the Internet of Things (IoT). The collaboration will see EllisDon utilize J2 Innovations’ FIN Framework, a flexible open ...

1 min read

RETAIL? ? |? ?MINGTIANDI

IS THERE A SUCCESS FORMULA TO HELP RETAIL OPERATORS REMAKE RETAIL?

The team at real estate software specialist Yardi think so. According to Yardi’s senior director for Asia Pacific, Bernie Devine, six “magic formulas” can help bricks-and-mortar landlords harness technology, respond to trends and create immersive, unique experiences for customers.?

2min read?

TECH ? |? ?CDO TRENDS

Digital Twins and Robot Dogs: How AI Is Revolutionizing Infrastructure Upkeep

A critical part of modern asset management is understanding the asset's condition and performance. Does it need to be replaced or repaired, and is it performing optimally? In time, human inspectors out in the field would have made these assessments, the classic worker in hardhat and clipboard ticking off items on a list. However, in 2025, we will face a different world and a different...

3 min read

SECURITY? |? ?PROPMODO

Access Control’s Place in the Larger Security Ecosystem

Harvard Business School marketing professor Theodore Levitt is often credited with the famous quote, “People don’t buy products; they buy solutions.” Although this concept may seem obvious now, it revolutionized the business world’s approach to creating and marketing goods and services. This insight was particularly impactful for the technology industry, which was initially focused on selling software as a one-time purchase ...

3 min read

Want to stay ahead in the ever-evolving landscape of property technology? Subscribe to our LinkedIn newsletter for weekly insights and updates. Don't miss out on the crucial developments shaping the future of real estate.