Nareit launched its PropTech and Innovation Partnership earlier this year to connect technology companies with REIT leaders and explore how new tools, including artificial intelligence, can address business challenges and eliminate pain points.
Three inaugural participants—Fifth Dimension, Intapp (Nasdaq: INTA), and Path Intelligence—joined the partnership. Through articles, videocasts, member outreach, and industry conversations, participants shared their expertise and learned more about the companies they hope to serve.
The first year reinforced the importance of understanding REIT culture. Real estate is a relationship business. Earning trust requires understanding how companies operate, who makes decisions, and what matters to leadership.
REIT executives want technology that solves problems, fits existing systems, and justifies investments. With AI, accuracy, protecting company information, and human judgment are also essential considerations.
Nareit’s longstanding industry relationships help technology companies understand REITs while helping executives assess products and services.
In 2027, Nareit will deepen these relationships and expand opportunities for REIT leaders to explore relevant technologies. The goal is for the partnership to become the primary gateway to the REIT industry for technology companies—giving executives direct access to innovators and helping set the agenda for real estate technology adoption.
Read about Nareit’s PropTech and Innovation Partnership; and contact Nareit's Diane Rusignola and John Jones for more information.