Leading Voices in Real Estate David Stanford & Chris Shaida | RealFoundations
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Jun 2, 2025 David Stanford and Chris Shaida, Co-CEOs of RealFoundations, share insights from their extensive careers in real estate consulting. They delve into how AI and technology are reshaping the industry, emphasizing the shift from traditional data management to innovative AI tools. The duo highlights the evolution of operational efficiency, stressing the importance of structured systems in modern real estate. They also discuss the necessity for adaptability in investment strategies and the blend of AI with human intuition to enhance decision-making in the sector.
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Evolution of Real Estate Platforms
- The real estate industry has evolved through waves of institutionalization with REITs and private equity shaping business platforms.
- Operating platforms are now a strategic pillar alongside capital and assets in real estate management.
Build a Comprehensive Operating Platform
- Design your operating platform with a comprehensive work map, resource map, and information map.
- This structured model captures all work, resources, and systems needed to operate effectively.
AI Expands Beyond Tabular Data
- AI now mines unstructured data like documents and dialogues, beyond traditional tabular data worked on by data scientists.
- This expands business intelligence opportunities in real estate beyond conventional data analysis.