{"id":9595,"date":"2016-10-25T16:46:41","date_gmt":"2016-10-25T20:46:41","guid":{"rendered":"https:\/\/qa.bluevaultpartners.com\/?post_type=news&#038;p=9595"},"modified":"2016-10-25T16:46:41","modified_gmt":"2016-10-25T20:46:41","slug":"big-data-how-big-an-impact-for-reits","status":"publish","type":"post","link":"https:\/\/qa.bluevaultpartners.com\/big-data-how-big-an-impact-for-reits\/","title":{"rendered":"Big Data: How Big an Impact for REITs?"},"content":{"rendered":"<h1>Big Data: How Big an Impact for REITs?<\/h1>\n<p>October 19, 2016 | by Stuart Eisenberg | CREIOnline<\/p>\n<div class=\"leading\">By Stuart Eisenberg, Partner, BDO USA: How using Big Data enables real estate owners and REITs to better predict, monitor and measure their investments.<\/div>\n<div class=\"content js-lightbox\">\n<p><img loading=\"lazy\" decoding=\"async\" class=\"right-image alignnone\" src=\"https:\/\/media.atre.yardi.com\/2\/52969\/images\/stuart-eisenberg2.jpg?w=300&amp;h=237\" alt=\"Eisenberg, Stuart.assr mgn ptr.NYC\" width=\"300\" height=\"237\" data-toggle=\"lightbox\" data-footer=\"\" \/><\/p>\n<p>Big Data is big-time ubiquitous in headlines across industries, but the real estate industry has been slow to take advantage of it. That\u2019s all changing. Commercial real estate companies and REITs are embracing new technologies to harness the power of Big Data,\u00a0elevating their investment and management strategies and optimizing their operations.<\/p>\n<p>When we talk about \u201cBig Data,\u201d we mean the exponential growth in volume, variety and velocity of structured and unstructured data. That data, however, is only as useful as our ability to interpret it\u2014an ongoing challenge for every organization. But in recent years, advanced analytics and powerful business intelligence technologies have enabled us to extract real value from Big Data. And it\u2019s about time\u2014because Big Data is only getting bigger. Embedded sensor technology and wireless connectivity have opened up a whole new world of information: the so-called \u201cInternet of Things.\u201d In real estate, as in most industries, knowledge is power; those who not only have the information but know how to use it are empowered to make smarter decisions, faster.<\/p>\n<p>Of course, all investment decisions ultimately hinge on investors\u2019 future predictions. But there are several significant ways real estate developers and owners (REITs included) can gain an edge by turning Big Data into actionable insights.<\/p>\n<p><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-ico-before dashicons-text\" style=\"background-color: #33809e; color: #ffffff;\" href=\"http:\/\/bit.ly\/2eCgHAX\" target=\"_blank\" data-fasc-style=\"background-color:#33809e;color:#ffffff;\">Read Full Article Located Here<\/a><\/p>\n<\/div>\n<p>&nbsp;<\/p>\n<div style=\"clear:both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Big Data: How Big an Impact for REITs? October 19, 2016 | by Stuart Eisenberg | CREIOnline By Stuart Eisenberg, Partner, BDO USA: How using Big Data enables real estate &hellip; <\/p>\n<p><a href=\"https:\/\/qa.bluevaultpartners.com\/big-data-how-big-an-impact-for-reits\/\" class=\"read-more\">Read more<\/a><\/p>\n","protected":false},"author":6,"featured_media":8587,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3010,2744],"tags":[],"class_list":["post-9595","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asset-manager-news","category-topic"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Big Data: How Big an Impact for REITs? - Blue Vault<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/qa.bluevaultpartners.com\/big-data-how-big-an-impact-for-reits\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Big Data: How Big an Impact for REITs? - Blue Vault\" \/>\n<meta property=\"og:description\" content=\"Big Data: How Big an Impact for REITs? 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