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The Role Of Data Analytics in Real Estate Development
Developers have relied for too long on gut feelings to make decisions on complex projects, even as the collection and storage of valuable data has become more readily available. Real estate analytics can help your team boost efficiency and lower risk at many stages of a project’s lifecycle, empowering better market trend analysis and helping…
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Northspyre Introduces Enterprise Edition: Elevating Real Estate Development Management for Larger Teams
The future of real estate development is here. Northspyre, the leading end-to-end development management platform, has unveiled Enterprise Edition, a powerful new solution tailored to the needs of larger development firms. With advanced features that enhance operational efficiency, reduce costs, and ensure strict compliance, Enterprise Edition represents the next step in Northspyre’s journey to transform…
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3 Technologies Every CRE Developer Will Want in 2025
Only a few years ago, commercial real estate was considered the final frontier for technology. Technology innovators saw tremendous potential to create efficiency and optimize traditional processes, but the industry was slow to adopt a new set of tools. Today, the narrative couldn’t be more different. Commercial real estate stakeholders are enthusiastically embracing property technology,…
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Construction Industry Starts Gain Momentum for an Active 2025
Maybe it didn’t feel like it in 2024, but last year the construction industry benefitted from strong fundamentals. Sure, there were challenges—like the high cost of construction, supply chain disruptions, labor shortages, and high borrowing costs, to name a few—but despite those, the construction industry grew 10% in nominal value, 12% in gross output and…
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Strategies for Real Estate Leaders to Unlock Exceptional Team Performance
Over the last couple of years, the development environment has been especially challenging, with high interest rates and construction costs making getting complex projects off the ground difficult. To succeed in the current market, it’s not enough for developers to assemble a top-tier team. You must also foster a collaborative work culture, where every team…
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Who Is Modern Real Estate Development Software For?
The future of the development industry will be driven by technology, with automation, data analytics, and artificial intelligence boosting efficiency and streamlining processes. AI adoption alone is expected to see an annual growth rate of 37.3% from 2023 to 2030 across industries, and real estate will be no exception. Big data and analytics have also…
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How Multifamily Site Selection Is Evolving in the Modern Economy
Development site selection is a complex and intensive process, and acquisition teams often spend considerable time touring locations, vetting and underwriting potential sites, and conducting market research to determine project profitability. The decision is high stakes: countless time will be spent securing land or property, navigating zoning restrictions, acquiring vendors, and breaking ground on construction.…
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Enhancing Team Dynamics With Cloud Based Project Management Tools
The successful completion of a development project requires collaboration between many stakeholders, from developers and project managers to accounting and finance teams. Project collaboration is essential to ensure your team works well together throughout the process, staying aware of other team members’ perspectives, needs, and timelines. Many traditional development workflows, such as outdated and error-prone…
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Overcoming Project Management Pitfalls With Risk Mitigation Techniques
Project managers play a key role on your development team, ensuring vital benchmarks are met and projects come in on time, on budget, and up to high-quality standards. Every complex development project has risks, from scope gaps to regulatory or compliance concerns, but these issues don’t have to derail your timelines and finances. By understanding…