Shane Robinson, founder and CEO of CloudKeyz, eagerly
takes to the stage to demonstrate his firm’s product,
a tech update on the traditional call box.
Ryan O’Rourke, national sales director for 1Spot Tech,
explains the workings of its innovative property
management software to the judges.
Tech Tank judges Amber Schiada, JLL’s senior director of
research, and Oron Maher, founder of Maher Commercial
Realty, are charmed by one of the presenters.
Domuso’s co-founder and COO, Michael Lightfoot, opened
up the competition by explaining how the firm is using
tech to overhaul the rent collection process.
Lucas Haldeman, CEO of Smart Rent, explains how
both property managers and tenants can benefit from
the home automation platform.
Judges John Helm (left), managing director of Real
Estate Technology Ventures, and CREtech’s CEO,
Michael Beckerman, grill the Tech Tank presenters.
Finally, One Spot Tech’s Ryan O’Rourke,
national sales director, gave an overview of
the firm’s property management software,
which allows property managers to manage
maintenance projects over an entire portfolio. All of the information is stored in a
cloud, so the program is updated instantly.
This is meant to reduce the copious
amounts of emails that property managers
field every day. O’Rourke said that property
managers spend as much as half of their
work week filtering through emails. For that
reason, property managers can communicate through the app or outside of the app,
and can send messages through the app to
contractors or other maintenance workers.
The judges were generally impressed by
the innovations, saying that any technology
that enhances efficiency is a winner. Helm
expressed concern about competition and
asked how the companies planned to stand
out. Beckerman added that the companies
should focus on revenue, especially with so
many tech startups launching in the real
estate space. “We are in an ecosystem where
you have to build sustainable businesses,” he
said, adding that the presenters should be
focused on different ways to scale their
companies.—Kelsi Borland & Natalie Dolce ◆
Kicking off RealShare Apartments Tech was the session, Landlords Leading the Way, during which top apartment owners talked
about how they’re integrating technology into living spaces. Moderated by CREtech’s Michael Beckerman, the discussion included
UDR’s Scott Wesson; David Seiler, Trinity Property Consultants; Louis Schotsky, Equity Residential; and LMC’s Peter Chmielewski.