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“In Proptech, Infrastructure is Key” GlobeSt – May 23, 2019
Building technologies, so-called proptech, are advancing exponentially. Indeed, it can be a struggle to keep pace with the new and varying innovations rolling out almost every day. In the midst of this struggle, the Chicago-based Institute of Real Estate Management (IREM) is making major strides in the education and timeliness of members’ understanding of these changes. Included in these initiatives are the appointment of a Technology Innovator-in-Residence, and an Advisory Committee focused on tech changes. According to Cheryl Gray, CPM, such steps are a critical component of implementing workable proptech. Gray, in addition to her role as head of Special Projects, Operational Excellence, at QuadReal Property Group, is president-elect of IREM, and she says it’s especially important since many buildings are behind the curve.