Amid Labor Shortages and an Aging Workforce the Property Industry Turns to Tech

Propmodo Technology

Greetings,

A recent earthquake in Thailand has renewed focus on the critical role of seismic engineering in modern building design. Striking footage captured the moment rooftop pools overflowed and tall buildings swayed dramatically during the tremors. One building, still under construction, collapsed during the quake. Fortunately, because it was not yet occupied, casualties were minimal. But, the incident has sparked an investigation into whether the developers may have used substandard steel.

This week, we explore how technology is stepping in to address the growing shortage of skilled facilities managers. Modern software tools are doing more than just tracking a building’s systems—they’re capturing every process and routine task that keeps a facility running smoothly. By documenting this institutional knowledge, these tools ensure that when experienced employees leave or retire, their expertise doesn’t disappear with them.

Let’s go!

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See Visitt in action! Discover how Carr Properties is transforming its building operations with Visitt.

Bytes

🛗 Getting the shaft
An elevator shaft climbing robot has been used by the engineering and construction firm Skanska that is able to drill holes for anchor bolts, replacing the need for construction workers to do this dangerous and difficult job.

🧾 Consolidated payment
The payment system Bottomline has acquired its rival Nexus Systems, creating the largest global payment solutions provider for the real estate industry.

🗄️ Workplace mortgages
A company has emerged with a surprising new return to the office benefit: access to advisors and discounted mortgage credit lines.

🙊 Calculated speech
RealPage is suing the City of Berkeley over an ordinance banning rent-setting algorithms, calling it unconstitutional and driven by misinformation about its software’s role in supporting affordable housing.

Facilities Management

Facilities Management

Overheard

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Propmodo Technology is edited by Franco Faraudo with contributions from readers like you and the Propmodo team.

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