Some real estate companies are dedicated to a specific asset type. While there is some inherent risk in tying fortunes to a specific market segment, it does make things much simpler from a technology adoption perspective. When all the buildings in a portfolio are similar, companies can deploy and scale a tech stack that neatly fits their requirements and capabilities.
In many large portfolios however, assets under management are varied in terms of property type, age, and market tier. This makes it difficult to deploy a uniform tech stack across a portfolio, which leads to siloing, limited scalability, and other operational headaches. To make matters worse, newly acquired assets will often have systems in place which must be integrated or replaced, either of which are expensive options.