My takeaways from CREtech: The industry is clearly in a tough spot. The challenges are evident, but meaningful solutions are lagging behind. I'm seeing a lot of companies willing to “talk the talk,” but when it comes to delivering tangible results, the gap is still wide. Even regulations like LL97 aren’t creating the momentum we’d hoped for. However, for areas with fragmented or poor-quality data—like the space I work in—it’s still more hype than impact. Real, meaningful applications are likely 3-5 years out as we grapple with cleaning and structuring the data before AI can deliver significant outcomes. I was surprised not to hear more conversations addressing this foundational issue. That said, I have to give credit to CREtech for curating discussions around real-life projects rather than the usual pay-to-play pitches that add little value. It’s always inspiring to dive into the real issues and share ideas with leaders who are equally passionate about moving the needle in CRE. There’s still room for disruption in how we approach industry events but for now, kudos to everyone involved for making this one impactful. Great work by Michael Beckerman and team on putting together a standout event. Let’s keep pushing for meaningful change!
Lorrhan Ferreira’s Post
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CEO, CREtech
1moThank you Lorrhan Ferreira for sharing your insights. Good feedback for sure!