Chicago, IL and Dallas, TX, October 21, 2024: The Institute of Real Estate Management (IREM) and the Centre for Real Estate Technology & Innovation (CRETI) have announced a strategic partnership focused on advancing the incorporation of PropTech within real estate management. This collaboration is set to promote dialogue on both international and local levels, elevate industry standards, and accelerate the adoption of emerging technologies across the property management industry.
IREM®, a leading organisation for property management professionals, and CRETI, an advocate for proptech innovation and venture capital in real estate, will collaborate on a wide range of initiatives, including joint advocacy efforts, the creation of educational content, and a series of events such as webinars, podcasts, and speaking engagements. Additionally, both organisations will contribute to content development, including articles for IREM’s Journal of Property Management (JPM®), reflecting their commitment to advancing the standards and practices within the real estate management sector.
The proptech sector has become a major force in transforming traditional real estate practices, and IREM recognises its role in improving property management. Technologies such as artificial intelligence (AI), the Internet of Things (IoT), and advanced data analytics are playing a crucial role in optimising operations, improving tenant experiences, and increasing asset value. The IREM-CRETI partnership will empower property management professionals to stay ahead of these developments, equipping them with the tools needed to lead in an increasingly competitive and technologically driven market.
"Through this partnership, we're thrilled to enhance our range of cutting-edge proptech solutions," said 2024 IREM President Libby Ekre, CPM®, in an official press release. "Collaborating with CRETI reinforces IREM's dedication to equipping our members with the knowledge and resources they need to lead in our dynamic profession", she added.
The alliance will ensure that Certified Property Managers® (CPMs) are well prepared to meet the changing demands of the industry by providing them with resources to utilise new technologies. By adopting these innovations, property managers can improve operational efficiency, enhance tenant satisfaction, and achieve superior asset performance across residential, commercial, and multifamily markets.
Ashkan Zandieh, Founder and Managing Director of CRETI, stated: “This collaboration between CRETI and IREM reinforces our commitment to shaping a future where innovation and leadership work together, ensuring Certified Property Managers® are fully prepared to meet the evolving demands of the industry. Together, we're driving innovation that will reshape the residential, commercial, and multifamily industry, enhancing operational efficiency and setting new standards for tenant satisfaction and asset performance.”
The IREM-CRETI partnership is set to play a significant role in the ongoing digital transformation of the real estate sector, positioning both organisations to lead the industry through its next phase of growth and innovation. By aligning educational initiatives and advanced technology, this alliance represents an important development for property management professionals seeking to excel in a rapidly evolving marketplace.
