Build Companywide Knowledge and Win The Market Cycle Downturn
Prevent slow-decision making, lost opportunities, and lower returns with historical data enrichment today.
The best way to prepare for the future is to understand the past.
Traditionally, real estate cycle downturns have been an opportunity to assemble new development deals and take command over project budgets. The best developers often lay the seeds for success at the bottom of market cycles.
Will you be ready this time? Or will you miss the biggest opportunity for the next decade’s bull market?
With Northspyre’s historical data enrichment, we’ll operationalize past contracts, invoices, and other transaction data into a searchable digital library that you can quickly reference and use to aid decision-making, seize opportunities in planning, predevelopment, and construction, outperform competitors and mitigate risk.
Sign up to have your historical project data added to Northspyre today.
Get Started Today
With indexed, searchable project data accessible in the system, you’ll see benefits during:
Pursuit and Planning for New Developments in a Downturn
- Automate the creation of data-driven budget scenarios for a project under pursuit in seconds instead of days or weeks
- Leverage institutional data to quickly extrapolate line item costs for a potential new deal
- Impress potential financial partners with your proprietary project historical database
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Predevelopment Phase
- Solicit bids and compare them to past vendor bids
- Identify critical risks that lead to scope gaps, buy-out misses, or other avoidable project issues
- Establish spending curves compared against previous projects
- Engage capital partners like a data-empowered developer, not a file-cabinet cowboy
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Construction
- Negotiate change orders more effectively by reviewing indexed vendor benchmark data
- Allow every project leader to tap into the historical knowledge and understand what went right or wrong in seconds – no repeating past mistakes
- Quickly identify potential exposures
- Ramp new project leads or more junior staff quickly, so they glean insights instantly instead of spending years of trial and error on your firm’s dime
Pursuit and Planning for New Developments in a Downturn
- Automate the creation of data-driven budget scenarios for a project under pursuit in seconds instead of days or weeks
- Leverage institutional data to quickly extrapolate line item costs for a potential new deal
- Impress potential financial partners with your proprietary project historical database
Predevelopment Phase
- Solicit bids and compare them to past vendor bids
- Identify critical risks that lead to scope gaps, buy-out misses, or other avoidable project issues
- Establish spending curves compared against previous projects
- Engage capital partners like a data-empowered developer, not a file-cabinet cowboy
Construction
- Negotiate change orders more effectively by reviewing indexed vendor benchmark data
- Allow every project leader to tap into the historical knowledge and understand what went right or wrong in seconds – no repeating past mistakes
- Quickly identify potential exposures
- Ramp new project leads or more junior staff quickly, so they glean insights instantly instead of spending years of trial and error on your firm’s dime