This episode examines a blog post from PCBB titled “What is Proptech, and how can it help with CRE lending?” Proptech is the marrying of real estate and technology to change the way that real estate is marketed, sold, and managed. Some examples include Zillow, Airbnb, Appfolio, and Buildium. Proptech can help banks in the following ways: CRE transactions, risk management, lending decisions, streamlining the lending process, and competitiveness. A link to the blog post is included below.
Link: What Is PropTech, and How Can It Help with CRE Lending?