Built

"Ever wonder how the world gets built? It's complicated when lenders, asset & portfolio managers, real estate owners & developers, general contractors & more are all working in silos. But for the first time ever, there is one place where everyone can connect, collaborate, and streamline how business gets done in real estate. Enter Built: your cloud platform for the real estate lifecycle." We're excited to share our latest video, "Enter Built," which dives into the complex world of financing, developing, building, or owning and operating real estate assets real and how Built's platform connects and benefits the key players involved. If you're looking for ways to boosts profits, reduce risks, maintain trust with clients, and use a platform that seamlessly integrates with your existing technology, Built has the blueprint for your success. Visit getbuilt.com to learn more! #Built #CRE #RealEstate #FinTech #ConstructionTech #Innovation

Illinois has secured a new federal partnership aimed at further developing quantum technology projects within the state. This investment will directly fund a new research center in collaboration with DARPA, positioning Illinois at the forefront of quantum computing research and development. At Built, we recognize the ripple effect such strategic investments can have—creating new opportunities, driving demand for commercial real estate projects, and boosting the local economy. As the landscape evolves, so does the need for robust, tech-driven solutions in real estate financing and asset and portfolio management. That’s where Built steps in. We’re proud to offer industry-leading tools designed to help our clients move money into projects faster, harness data to make better decisions, and navigate and thrive in a rapidly changing environment. #Innovation #Technology #RealEstate #CRE #EconomicGrowth #Built

Thrilled to see Built's Jeff Saul featured in Commercial Property Executive! "Jeff Saul, general manager at Built Technologies, a construction finance management platform, pointed out that large institutional funds can take on more real estate lending than banks and other alternative lenders, especially for construction due to its higher risk profile." "Saul noted that while banks charge significantly less interest, their loan-to-value is currently 40 to 50 percent. Meanwhile, funds will finance at 65 percent or more of the project cost, depending on the asset class and location. “This has obviously increased the use of funds for projects, but it’s also caused less projects to pencil,” he added, noting that today’s high financing costs inflate budgets and put downward pressure on developer yields." At Built, we equip you with the data to make smarter decisions, saving you time and money while keeping you compliant. Our software seamlessly integrates with your existing tech and is backed by experts who support you every step of the way. No boxed solutions—just the tools to help you stand out in a competitive market! #CRE #RealEstate #ConstructionFinance #PropTech #BuiltTechnologies #DataDriven #Compliance #TechInnovation #LendingSolutions #MarketInsights #InstitutionalLending

At Built, we understand that community banks thrive on strong relationships, and we're excited to share how technology can enhance this approach. Our Director of CRE Solutions, Scott Campbell, provides an in-depth look at how community banks can successfully adopt technology to streamline operations, reduce manual tasks, and gain deeper insights into their portfolios. In his latest article, Scott delves into the benefits and challenges of tech adoption in commercial real estate lending. Learn how integrating high-touch relationship banking with high-tech solutions can set community banks apart in today's competitive and regulated environment. #CommunityBanking #Technology #CRELending #FinancialServices #Built

🌟 August is here, and that means school is back in session! As students gear up for the new academic year, student housing trends are evolving, creating new opportunities and challenges for Lenders and Developers. Built's Tanner Dieterich highlights key trends: 📊 Pre-Lease Insights - According to the June 2024 Student Housing Report from RealPage, pre-leasing rates remain strong despite a slight decrease from last year. Properties farthest from campus show the highest pre-lease occupancy, with significant rent growth, especially for those over a mile from campus. 🏗️ New Builds - Developers are staying active. The University of Tennessee is getting a new seven-story development, and UC Davis plans a new residence hall to address low housing availability. These projects highlight ongoing demand and opportunities in student housing. 💡 Tech & Innovation - Embracing technology is key to staying competitive. At Built, we provide the tools and processes necessary to support Lenders and Developers, helping them adapt to market conditions and maximize outcomes. Stay ahead in the student housing market with Tanner’s insights! #CRE #StudentHousing #BackToSchool #RealEstate #Built

The recent Fox Business article on the rise of $1 million starter homes in over 200 cities highlights a significant shift in the housing market landscape. The surge in home prices, driven by factors such as limited supply and increased demand, presents new challenges and opportunities for stakeholders across the real estate and construction sectors. This trend not only affects potential homebuyers but also impacts lenders, developers and builders, who must navigate this evolving market. At Built, we recognize the critical need for innovative solutions to address these challenges. Our platform is designed to enhance profitability, ensure compliance, and provide a competitive edge for our partners in this rapidly changing environment. #RealEstate #Construction #HousingMarket #Innovation #Built

“Rising costs are causing people to really rethink what’s actually important to them. If you look back just a few years, people wanted pools and home theaters. Now, data shows they prefer practicality—a minimalist approach that still ensures a good quality of life. But for that to happen, we need to address what’s preventing people from moving in the first place.” Tanner Dieterich, Head of Built’s Owner & Contractor Relations

🔍 Breaking: A new Built survey of 2,000 consumers shows that approximately 60% of Americans have seen housing costs rise in the past five years, and 4 in 10 feel stuck where they are. Rising costs are making practicality the new luxury in home and workspace preferences. 🏗️ Developers, Built can help you respond to these market trends by accelerating your projects to stay on time and keeping them on budget through: - Disbursing funds faster - Optimizing finance management - Simplifying compliance - Accelerating insights Check out the full survey results and our detailed infographic below! #Built #RealEstate #Construction #Finance #ProjectManagement

The Commercial Real Estate Finance Council (CREFC), of which Built is a member, conducted its 2Q 2024 BOG Sentiment Index survey, revealing key insights into the state of the CRE finance markets. Despite economic uncertainties, there are several positive takeaways: Rates and Fundamentals: Positive shift in the impact of mortgage and cap rates, with stability in CRE fundamentals. 🏦📈 Transaction Activity: Steady transaction activity expected, showcasing investor confidence. 🏢🤝 Financing Demand: Strong demand for financing continues, highlighting ongoing opportunities in CRE. 💰📋 Liquidity and CMBS Market: Positive views on liquidity and CMBS market performance contribute to market stability. 💧💼 Let's leverage these bright spots to drive forward with confidence! 🚀

📈 US Regional Banks Build Stronger Safety Nets as CRE Pain Lingers 📉 A recent Reuters article highlights the ongoing challenges faced by US regional banks in managing commercial real estate (CRE) portfolios. Despite a turbulent market, banks are implementing stronger safety nets to navigate these complexities and ensure stability. At Built, we understand the critical importance of robust financial management and risk mitigation in CRE. Our new Unified CRE Draw and Asset & Portfolio Management Platform is designed to support these very needs. By providing an integrated solution for draw management and comprehensive asset oversight, we empower lenders and asset managers to enhance efficiency, maintain compliance, and drive profitability. Discover how our platform can help you stay ahead in this challenging environment by visiting our website or contacting our team. #CRE #CommercialRealEstate #Finance #Built #Innovation #RiskManagement #AssetManagement #PortfolioManagement #RealEstate #Banking