article thumbnail

The Benefits of Digitizing Commercial Building Inspections (with Examples)

Enertiv

From the humble garden style property, to the trophy high rise, to the logistics fulfillment and distribution center, the inspection is a fixture of owning and operating commercial real estate. Inspections form the basis for prioritizing maintenance work and capital investments. Let’s dig into three real-world examples.

article thumbnail

Unleashing the Power of Robotics and Commercial Real Estate: What's in the Future?

Realty Biz

Modern robotics have become so advanced that they are transforming almost every industry on Earth, including the commercial real estate industry. On top of that, we will likely discover even more ways AI can transform commercial real estate over the next few years. However, we are still in the early days of the AI revolution.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How High Interest Rates Are Changing Commercial Property Lending

Propmodo

This has been a perfect storm for the commercial real estate lending industry. Falling property prices and liquidity fears are causing banks to slow or stop lending on commercial properties. All of this combined to push commercial lending to a standstill.

Lending 113
article thumbnail

The current REO market requires an expansion of services for business growth

Housing Wire

Notably, property risk calls for thorough inspection, preservation, and maintenance to limit liability. Moreover, VRM Mortgage Services harnesses the power of its innovative, proprietary technology, seamlessly blending predictive modeling with AI capabilities. HW: What are the risk management challenges for REO assets? territories.

article thumbnail

The Compounding Value of Technology, Part II: Tech Consolidation

Enertiv

This is the second in Enertiv's latest series, The Compounding Value of Technology, where we explore how technology’s value builds on itself. Up next: utility recovery In the world of commercial real estate, the quest for efficiency and profitability is a perpetual journey. The previous article was on productivity.

article thumbnail

The Compounding Value of Technology, Part I: Productivity

Enertiv

This is the first in Enertiv's latest series, The Compounding Value of Technology, where we explore how technology’s value builds on itself, from small productivity gains to ultimately increasing asset value at disposition. This inefficiency not only drains resources but carries an opportunity cost for higher value activities.

article thumbnail

What AVMs can and can’t do in the appraisal process

Housing Wire

Further, Fannie notes, “Leveraging the wealth of big data, the power of advanced analytics, and the speed of technology, appraisers can perform desktop appraisals without physically inspecting the property.” AVMs don’t account for commercial influence. ” Amazing, right? What about AVMs?