Proptech
Proptech news and analysis from Real Estate Wire, updated daily.
- CRE property management AI works best in narrow lanes, not broad sweeps
Property management software already holds the data operators need, but turning that data into reliable automation requires more structural work than most teams have done. Propmodo spoke with the...
- Nine in Ten Commercial Real Estate AI Pilots Are Failing. Here Is Why.
A JLL survey of more than 1,000 senior commercial real estate decision-makers found that piloting AI has become nearly universal, but only 5% of organizations report achieving most of their...
- Multifamily Operators Are Letting Vendors Drive Their Tech Strategy. That Needs to Stop.
A new opinion piece from Propmodo argues that too many multifamily operators have handed control of their technology decisions to the vendors selling them products, rather than building the...
- CRE Brokers Are Propping Up Software Built for Someone Else
Commercial real estate brokers routinely adapt tools designed for residential agents or asset managers, masking a structural mismatch between available software and how complex deals actually run....
- Compass Deploys Roadshows to Drive AI Adoption Across 83,000-Agent Network
Compass rolled out its AI Assistant platform to its full agent base this summer, using executive roadshows and in-office training to push adoption. Within weeks of launch, roughly 15,000 agents...
- Disconnected property and accounting systems are destroying portfolio value quietly
Revenue leakage, missed lease events and six-figure compliance penalties are the documented cost of property management and accounting platforms that do not talk to each other. Propmodo lays out...
- Building data stays locked out of ERP systems, costing commercial real estate its seat at the table
Office buildings throw off enormous amounts of operating data, but almost none of it reaches the accounting systems where commercial real estate budgets are set. Tying each building's maintenance,...
- CoStar names Felix Kusch president of Homes.com after two-year vacancy
CoStar Group has appointed European portal veteran Felix Kusch as president of Homes.com, filling a leadership gap that opened when David Mele departed in May 2024. The hire lands as Homes.com...