CRE Sheds Its Tech-Averse Image

LAS VEGAS–It’s a tired old song: Commercial real estate is slow to adapt to new technologies. Certainly, what once might have been the case is no longer true as more venture capital floods into proptech on a daily basis.

So it’s not surprising that Michael DeGiorgio, founder and CEO of CREXi, sees a lot of industry catch-up taking place. What’s more, he says, those old perceptions are less due to CRE practitioners as much as to the tech industry that served them.