Archambault Discusses 2019 Trends for South Florida CRE
Louis Archambault, a partner in the Firm’s Real Estate Practice, is quoted in BisNow discussing predictions for commercial real estate in 2019. According to Louis, developers and builders will incorporate new technologies.
"We will see technology such as Building Informational Modeling in connection with blockchain technology become more widespread in the real estate industry as BIM moves toward a more unified platform," said Louis. "It will be a game changer for developers who can use this technology for their projects. This type of technology will allow them to see in real time the impact of traffic, utility use and building temperature and determine how to optimally develop a property based on the data. Uncertainty and risk will significantly be reduced."
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