EP 6 — CREtelligent’s Anthony Romano on Transforming Due Diligence in Commercial Real Estate

In this episode of The Future of CRE Sustainability, Sean speaks with Anthony Romano, CEO of CREtelligent. They discuss the evolution of technology in commercial real estate, focusing on how platforms like CREtelligent Radius streamline the due diligence process, enhancing efficiency for lenders and property owners. 

 

Anthony also highlights the importance of understanding emerging environmental risks, such as climate change impacts, and how data analytics can aid in making informed investment decisions. Additionally, they explore the role of AI in revolutionizing property identification and risk assessments, paving the way for a more sustainable future in the industry. 

 

Topics discussed:

 

• The evolution of technology in commercial real estate and its impact on due diligence processes, leading to increased efficiency and reduced transaction times.  
• The role of data analytics in enhancing decision-making for lenders and property owners, enabling them to access crucial information quickly and effectively.  
• Emerging environmental risks that commercial real estate investors should be aware of, including water, soil, and air quality concerns related to property transactions.  
• The significance of climate change and its potential impacts on commercial property investments, emphasizing the need for proactive risk assessment strategies.  
• The integration of AI in environmental risk assessments, allowing for faster analysis and improved accuracy in identifying potential hazards associated with properties.  
• The importance of understanding zoning and use analysis as property types are reimagined, particularly in the context of adaptive reuse projects.  
• Strategies for future-proofing commercial real estate investments, including awareness of market trends and the adoption of sustainable practices and technologies.  
• The growing trend of asset owners exploring renewable energy and microgrid solutions to mitigate risks and ensure reliable energy access for their properties.  
• The potential for geospatial intelligence tools to enhance site selection processes in commercial real estate, improving the identification of property boundaries and adjacent parcels.